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1933 Industries (FRA:1QF) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is 1933 Industries Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


1933 Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 1933 Industries'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.

1933 Industries Cyclically Adjusted PB Ratio Chart

1933 Industries Annual Data
Trend Dec14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.15 0.29 0.13 0.16

1933 Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.18 0.17 0.16 0.21 0.22

Competitive Comparison of 1933 Industries's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 Industries'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.


1933 Industries's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Cyclically Adjusted PB Ratio falls into.



1933 Industries 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.

1933 Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, 1933 Industries's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.004/125.0724*125.0724
=-0.004

Current CPI (Jan. 2024) = 125.0724.

1933 Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.039 98.604 0.049
201406 0.025 99.473 0.031
201409 0.023 99.394 0.029
201412 0.015 98.367 0.019
201503 0.011 99.789 0.014
201506 0.002 100.500 0.002
201509 -0.002 100.421 -0.002
201601 0.042 100.184 0.052
201604 -0.001 101.370 -0.001
201607 -0.005 101.844 -0.006
201610 -0.007 102.002 -0.009
201701 -0.011 102.318 -0.013
201704 0.025 103.029 0.030
201707 0.073 103.029 0.089
201710 0.076 103.424 0.092
201801 0.100 104.056 0.120
201804 0.111 105.320 0.132
201807 0.105 106.110 0.124
201810 0.116 105.952 0.137
201901 0.106 105.557 0.126
201904 0.112 107.453 0.130
201907 0.091 108.243 0.105
201910 0.086 107.927 0.100
202001 0.073 108.085 0.084
202004 0.063 107.216 0.073
202007 0.043 108.401 0.050
202010 0.039 108.638 0.045
202101 0.034 109.192 0.039
202104 0.043 110.851 0.049
202107 0.039 112.431 0.043
202110 0.038 113.695 0.042
202201 0.038 114.801 0.041
202204 0.020 118.357 0.021
202207 0.014 120.964 0.014
202210 0.014 121.517 0.014
202301 0.012 121.596 0.012
202304 0.008 123.571 0.008
202307 -0.005 124.914 -0.005
202310 -0.006 125.310 -0.006
202401 -0.004 125.072 -0.004

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.


1933 Industries  (FRA:1QF) 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.


1933 Industries Cyclically Adjusted PB Ratio Related Terms

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1933 Industries (FRA:1QF) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.

1933 Industries (FRA:1QF) Headlines

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