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CVHIF (Ventura Cannabis and Wellness) Cyclically Adjusted PB Ratio : (As of Sep. 20, 2024)


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What is Ventura Cannabis and Wellness Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ventura Cannabis and Wellness Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ventura Cannabis and Wellness Cyclically Adjusted PB Ratio Chart

Ventura Cannabis and Wellness Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Nov14 Nov15 Feb17 Feb18 Feb19 Feb20
Cyclically Adjusted PB Ratio
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Ventura Cannabis and Wellness Quarterly Data
May15 Aug15 Nov15 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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Competitive Comparison of Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ventura Cannabis and Wellness's Cyclically Adjusted PB Ratio falls into.



Ventura Cannabis and Wellness Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ventura Cannabis and Wellness's Cyclically Adjusted Book per Share for the quarter that ended in May. 2020 is calculated as:

For example, Ventura Cannabis and Wellness's adjusted Book Value per Share data for the three months ended in May. 2020 was:

Adj_Book=Book Value per Share/CPI of May. 2020 (Change)*Current CPI (May. 2020)
=0.15/108.1754*108.1754
=0.150

Current CPI (May. 2020) = 108.1754.

Ventura Cannabis and Wellness Quarterly Data

Book Value per Share CPI Adj_Book
201003 0.277 91.821 0.326
201006 0.329 91.962 0.387
201009 0.316 92.162 0.371
201012 0.289 92.474 0.338
201103 0.498 94.283 0.571
201106 0.326 95.235 0.370
201109 0.311 95.727 0.351
201112 0.290 95.213 0.329
201203 0.295 96.783 0.330
201206 0.277 96.819 0.309
201209 0.000 97.633 0.000
201212 0.269 96.871 0.300
201303 0.256 98.209 0.282
201306 0.246 98.518 0.270
201309 0.237 98.790 0.260
201312 0.188 98.326 0.207
201403 0.177 99.695 0.192
201406 0.174 100.560 0.187
201409 0.165 100.428 0.178
201502 0.329 99.032 0.359
201505 0.955 100.333 1.030
201508 1.066 100.548 1.147
201511 1.079 100.135 1.166
201605 0.921 101.355 0.983
201608 0.872 101.617 0.928
201611 0.836 101.829 0.888
201702 0.388 102.779 0.408
201705 0.367 103.256 0.384
201708 0.370 103.587 0.386
201711 0.408 104.072 0.424
201802 0.277 105.052 0.285
201805 0.291 106.148 0.297
201808 0.290 106.383 0.295
201811 0.281 106.338 0.286
201902 0.205 106.649 0.208
201905 0.185 108.048 0.185
201908 0.175 108.245 0.175
201911 0.151 108.519 0.151
202002 0.168 109.139 0.167
202005 0.150 108.175 0.150

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ventura Cannabis and Wellness  (OTCPK:CVHIF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ventura Cannabis and Wellness Cyclically Adjusted PB Ratio Related Terms

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Ventura Cannabis and Wellness Business Description

Traded in Other Exchanges
N/A
Address
800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017
Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.

Ventura Cannabis and Wellness Headlines

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