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Evergreen Sustainable Enterprises (Evergreen Sustainable Enterprises) Cyclically Adjusted PB Ratio : (As of Jun. 15, 2024)


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What is Evergreen Sustainable Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergreen Sustainable Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Evergreen Sustainable Enterprises'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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Evergreen Sustainable Enterprises Cyclically Adjusted PB Ratio Chart

Evergreen Sustainable Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Evergreen Sustainable Enterprises Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Evergreen Sustainable Enterprises's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Evergreen Sustainable Enterprises'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.


Evergreen Sustainable Enterprises's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Evergreen Sustainable Enterprises's Cyclically Adjusted PB Ratio falls into.



Evergreen Sustainable Enterprises 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.

Evergreen Sustainable Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Evergreen Sustainable Enterprises's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.011/125.2218*125.2218
=-0.011

Current CPI (Dec. 2022) = 125.2218.

Evergreen Sustainable Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201303 -0.003 98.209 -0.004
201306 -0.004 98.518 -0.005
201309 -0.003 98.790 -0.004
201312 -0.003 98.326 -0.004
201403 0.004 99.695 0.005
201406 -0.001 100.560 -0.001
201409 -0.004 100.428 -0.005
201412 -0.002 99.070 -0.003
201503 -0.004 99.621 -0.005
201506 -0.003 100.684 -0.004
201509 -0.005 100.392 -0.006
201512 -0.002 99.792 -0.003
201603 -0.002 100.470 -0.002
201606 -0.003 101.688 -0.004
201609 -0.004 101.861 -0.005
201612 -0.004 101.863 -0.005
201703 -0.004 102.862 -0.005
201706 -0.005 103.349 -0.006
201709 -0.007 104.136 -0.008
201712 -0.007 104.011 -0.008
201803 -0.008 105.290 -0.010
201806 -0.008 106.317 -0.009
201809 -0.008 106.507 -0.009
201812 -0.008 105.998 -0.009
201903 -0.009 107.251 -0.011
201906 -0.008 108.070 -0.009
201909 -0.009 108.329 -0.010
201912 -0.424 108.420 -0.490
202003 -0.453 108.902 -0.521
202006 -0.468 108.767 -0.539
202009 -0.479 109.815 -0.546
202012 -0.443 109.897 -0.505
202103 -0.043 111.754 -0.048
202106 -0.075 114.631 -0.082
202109 0.010 115.734 0.011
202112 0.009 117.630 0.010
202203 0.000 121.301 0.000
202206 -0.008 125.017 -0.008
202209 -0.009 125.227 -0.009
202212 -0.011 125.222 -0.011

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.


Evergreen Sustainable Enterprises  (OTCPK:EGSE) 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.


Evergreen Sustainable Enterprises Cyclically Adjusted PB Ratio Related Terms

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Evergreen Sustainable Enterprises (Evergreen Sustainable Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
8533 Midway Road, Dallas, TX, USA, 75209
Evergreen Sustainable Enterprises Inc is a sustainable green energy company with a vision of developing sustainable and innovative solutions within the industry. It operates in both the Bitcoin mining industry and the hemp industry.
Executives
Satellite Overseas (holdings) Ltd 10 percent owner SARKHEJ-DHOLKA ROAD, BHAT, AHMEDABAD K7 382 210
Wiegand Corey H director, 10 percent owner, officer: CEO 3412 WEST 62ND AVENUE, DENVER CO 80221
Bristlecone Associates Llc 10 percent owner 3412 WEST 62ND AVENUE, DENVER CO 80221

Evergreen Sustainable Enterprises (Evergreen Sustainable Enterprises) Headlines

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