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CXXIF (C21 Investments) Cyclically Adjusted PB Ratio : 0.69 (As of Jun. 01, 2025)


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What is C21 Investments Cyclically Adjusted PB Ratio?

As of today (2025-06-01), C21 Investments's current share price is $0.1788. C21 Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.26. C21 Investments's Cyclically Adjusted PB Ratio for today is 0.69.

The historical rank and industry rank for C21 Investments's Cyclically Adjusted PB Ratio or its related term are showing as below:

CXXIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.4   Max: 6.74
Current: 0.61

During the past years, C21 Investments's highest Cyclically Adjusted PB Ratio was 6.74. The lowest was 0.51. And the median was 1.40.

CXXIF's Cyclically Adjusted PB Ratio is ranked better than
83.57% of 694 companies
in the Drug Manufacturers industry
Industry Median: 1.94 vs CXXIF: 0.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

C21 Investments's adjusted book value per share data for the three months ended in Dec. 2024 was $0.253. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.26 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


C21 Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for C21 Investments'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.

* Premium members only.

C21 Investments Cyclically Adjusted PB Ratio Chart

C21 Investments Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.31 4.51 2.03 1.18

C21 Investments Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jun24 Sep24 Dec24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.62 1.01 0.92 0.77

Competitive Comparison of C21 Investments's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, C21 Investments'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.


C21 Investments's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, C21 Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C21 Investments's Cyclically Adjusted PB Ratio falls into.


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C21 Investments 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.

C21 Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1788/0.26
=0.69

* 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.

C21 Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, C21 Investments's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.253/127.3637*127.3637
=0.253

Current CPI (Dec. 2024) = 127.3637.

C21 Investments Quarterly Data

Book Value per Share CPI Adj_Book
201501 -0.129 98.209 -0.167
201504 -0.145 99.710 -0.185
201507 -0.149 100.579 -0.189
201510 -0.155 100.500 -0.196
201601 -0.142 100.184 -0.181
201604 -0.165 101.370 -0.207
201607 -0.166 101.844 -0.208
201610 -0.168 102.002 -0.210
201701 -0.180 102.318 -0.224
201704 -0.177 103.029 -0.219
201707 0.063 103.029 0.078
201710 0.049 103.424 0.060
201801 0.012 104.056 0.015
201804 4.044 105.320 4.890
201807 0.566 106.110 0.679
201810 0.485 105.952 0.583
201901 0.360 105.557 0.434
201904 0.356 107.453 0.422
201907 0.433 108.243 0.509
201910 0.374 107.927 0.441
202001 0.152 108.085 0.179
202004 0.151 107.216 0.179
202007 0.155 108.401 0.182
202010 0.178 108.638 0.209
202101 0.199 109.192 0.232
202104 0.239 110.851 0.275
202107 0.282 112.431 0.319
202110 0.311 113.695 0.348
202201 0.281 114.801 0.312
202204 0.295 118.357 0.317
202207 0.309 120.964 0.325
202210 0.314 121.517 0.329
202301 0.286 121.596 0.300
202304 0.282 123.571 0.291
202307 0.279 124.914 0.284
202310 0.276 125.310 0.281
202401 0.259 125.072 0.264
202406 0.258 127.522 0.258
202409 0.252 127.285 0.252
202412 0.253 127.364 0.253

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.


C21 Investments  (OTCPK:CXXIF) 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.


C21 Investments Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of C21 Investments's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


C21 Investments Business Description

Traded in Other Exchanges
Address
601 West Cordova Street, Suite 170, Vancouver, BC, CAN, V6B 1G1
C21 Investments Inc is a vertically integrated cannabis company that cultivates, processes, and distributes quality cannabis and hemp-derived consumer products in the United States. The Company owns Silver State Relief and Silver State Cultivation in Nevada, including legacy Oregon brands Phantom Farms, Hood Oil and Eco Firma Farms. These brands produce and distribute a broad range of THC and CBD products from cannabis flowers, pre-rolls, cannabis oil, vaporizer cartridges and edibles.