Herbal Dispatch (FRA:HA9) Cyclically Adjusted PB Ratio: 0.29 (As of Jul. 28, 2026) — 314% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Herbal Dispatch Cyclically Adjusted PB Ratio?

Herbal Dispatch FRA:HA9 Cyclically Adjusted PB Ratio is 0.29 as of Jul. 28, 2026, which is 314% above its 10-year median of 0.07. The stock has 3 warning signs investors should review. Among 753 Drug Manufacturers companies, Herbal Dispatch ranks better than 93.49% on this metric.

As of today (2026-07-28), Herbal Dispatch's current share price is €0.0315. Herbal Dispatch's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.11. Herbal Dispatch's Cyclically Adjusted PB Ratio for today is 0.29.

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

FRA:HA9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.63
Current: 0.24

During the past years, Herbal Dispatch's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.02. And the median was 0.07.

FRA:HA9's Cyclically Adjusted PB Ratio is ranked better than
93.49% of 753 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs FRA:HA9: 0.24

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.

Herbal Dispatch's adjusted book value per share data for the three months ended in Mar. 2026 was €0.012. 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 €0.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Herbal Dispatch  (FRA:HA9) 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.


Herbal Dispatch Cyclically Adjusted PB Ratio Related Terms


Herbal Dispatch Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Herbal Dispatch'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.

Herbal Dispatch Cyclically Adjusted PB Ratio Chart

Herbal Dispatch Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.05 0.35 0.46

Herbal Dispatch Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.36 0.29 0.48 0.46 0.27

FRA:HA9 vs ZTS: Cyclically Adjusted PB Ratio Comparison

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


Herbal Dispatch Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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



Herbal Dispatch 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.

Herbal Dispatch's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0315/0.11
=0.29

* 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.

Herbal Dispatch's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Herbal Dispatch's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.012/132.2623*132.2623
=0.012

Current CPI (Mar. 2026) = 132.2623.

Herbal Dispatch Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.097 101.054 0.127
201606 0.073 102.002 0.095
201609 0.056 101.765 0.073
201612 0.041 101.449 0.053
201703 0.044 102.634 0.057
201706 0.056 103.029 0.072
201709 0.043 103.345 0.055
201712 0.030 103.345 0.038
201803 0.019 105.004 0.024
201806 -0.038 105.557 -0.048
201809 0.858 105.636 1.074
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 0.000
201912 0.282 107.769 0.346
202003 0.229 107.927 0.281
202006 0.174 108.401 0.212
202009 0.164 108.164 0.201
202012 0.139 108.559 0.169
202103 0.128 110.298 0.153
202106 0.114 111.720 0.135
202109 0.103 112.905 0.121
202112 0.104 113.774 0.121
202203 0.098 117.646 0.110
202206 0.078 120.806 0.085
202209 0.085 120.648 0.093
202212 0.059 120.964 0.065
202303 0.052 122.702 0.056
202306 0.049 124.203 0.052
202309 0.044 125.230 0.046
202312 0.039 125.072 0.041
202403 0.032 126.258 0.034
202406 0.032 127.522 0.033
202409 0.029 127.285 0.030
202412 0.023 127.364 0.024
202503 0.020 129.181 0.020
202506 0.015 129.892 0.015
202509 0.010 130.287 0.010
202512 0.015 130.366 0.015
202603 0.012 132.262 0.012

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.

What does a Cyclically Adjusted PB Ratio of 0.29 mean?
Herbal Dispatch (FRA:HA9) has a Cyclically Adjusted PB Ratio of 0.29 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Herbal Dispatch and its competitors. This is 314% above median its historical median of 0.07. Over the past decade, Herbal Dispatch's Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.63. According to the industry distribution chart, Herbal Dispatch ranks #49 out of 753 companies in the Drug Manufacturers industry, placing it in the top 6.5%.
Is Herbal Dispatch's Cyclically Adjusted PB Ratio too high?
Herbal Dispatch's current Cyclically Adjusted PB Ratio of 0.29 is 314% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.63. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Herbal Dispatch's value of 0.29 is 83.8% below this industry median. Based on the distribution chart, Herbal Dispatch ranks #49 out of 753 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers.
How does Herbal Dispatch's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Herbal Dispatch ranks #49 out of 753 companies for Cyclically Adjusted PB Ratio. This places Herbal Dispatch in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.79. Herbal Dispatch's value of 0.29 is 83.8% below this benchmark. Historically, Herbal Dispatch's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.63 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.79, Herbal Dispatch has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.79, based on 753 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Herbal Dispatch's current Cyclically Adjusted PB Ratio of 0.29 is 83.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Herbal Dispatch and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Herbal Dispatch's current Cyclically Adjusted PB Ratio is 0.29, which is 314% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herbal Dispatch stock overvalued right now?
Based on GuruFocus' analysis, Herbal Dispatch (FRA:HA9) is currently considered Possible Value Trap. The stock's GF Value™ is €0.05, compared to a current price of €0.03 — trading 37% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.29, which is 314% above median its 10-year median of 0.07 and 83.8% below the Drug Manufacturers industry median of 1.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Herbal Dispatch (FRA:HA9), the current Cyclically Adjusted PB Ratio is 0.29 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Herbal Dispatch Business Description

Other Exchanges LUFFF:USAHERB:Canada
Address 1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3
Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats. It generates revenue in one reportable segment: cannabis and cannabis-related products. Geographically, the company generates the majority of its revenue from Canada.