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Elixxer (Elixxer) Cyclically Adjusted PB Ratio : 0.31 (As of Jun. 10, 2024)


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What is Elixxer Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Elixxer's current share price is $0.0061. Elixxer's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $0.02. Elixxer's Cyclically Adjusted PB Ratio for today is 0.31.

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

ELIXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.84   Max: 163.04
Current: 0.72

During the past years, Elixxer's highest Cyclically Adjusted PB Ratio was 163.04. The lowest was 0.66. And the median was 2.84.

ELIXF's Cyclically Adjusted PB Ratio is ranked better than
81% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs ELIXF: 0.72

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.

Elixxer's adjusted book value per share data for the three months ended in Sep. 2023 was $-0.559. 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 $0.02 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elixxer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elixxer'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.

Elixxer Cyclically Adjusted PB Ratio Chart

Elixxer Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Sep17 Sep18 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.38 22.18 1.07 0.99 0.74

Elixxer Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.73 0.74 0.73 0.73 0.72

Competitive Comparison of Elixxer's Cyclically Adjusted PB Ratio

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


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

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

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



Elixxer 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.

Elixxer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0061/0.02
=0.31

* 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.

Elixxer's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Elixxer's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.559/125.2304*125.2304
=-0.559

Current CPI (Sep. 2023) = 125.2304.

Elixxer Quarterly Data

Book Value per Share CPI Adj_Book
201306 -0.005 97.182 -0.006
201309 -0.129 97.419 -0.166
201312 -0.474 96.945 -0.612
201403 -0.671 98.604 -0.852
201406 0.788 99.473 0.992
201409 0.495 99.394 0.624
201412 0.167 98.367 0.213
201503 -0.007 99.789 -0.009
201506 0.985 100.500 1.227
201509 0.864 100.421 1.077
201512 0.741 99.947 0.928
201603 0.702 101.054 0.870
201606 0.019 102.002 0.023
201609 2.461 101.765 3.028
201612 1.586 101.449 1.958
201703 1.724 102.634 2.104
201706 1.287 103.029 1.564
201709 0.486 103.345 0.589
201712 1.516 103.345 1.837
201803 4.266 105.004 5.088
201806 3.915 105.557 4.645
201809 3.566 105.636 4.227
201812 3.565 105.399 4.236
201903 3.122 106.979 3.655
201906 3.408 107.690 3.963
202003 1.431 107.927 1.660
202006 1.319 108.401 1.524
202009 1.389 108.164 1.608
202012 0.586 108.559 0.676
202103 0.848 110.298 0.963
202106 1.347 111.720 1.510
202109 0.683 112.905 0.758
202112 0.589 113.774 0.648
202203 0.346 117.646 0.368
202206 -0.173 120.806 -0.179
202209 -0.163 120.648 -0.169
202212 -0.363 120.964 -0.376
202303 -0.421 122.702 -0.430
202306 -0.503 124.203 -0.507
202309 -0.559 125.230 -0.559

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.


Elixxer  (OTCPK:ELIXF) 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.


Elixxer Cyclically Adjusted PB Ratio Related Terms

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


Elixxer (Elixxer) Business Description

Traded in Other Exchanges
N/A
Address
1100 Boulevard Rene- Levesque Ouest, Suite 700, Montreal, QC, CAN, H5B 4N4
Elixxer Ltd is a Canada-based cannabis investment firm in the legal cannabis market. It invests in cannabis-related businesses that are fully licensed for the cultivation, production, and sale of cannabis and cannabis-derived products.

Elixxer (Elixxer) Headlines