GRNL (Greenlite Ventures) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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 Greenlite Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenlite Ventures  (OTCPK:GRNL) 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.


Greenlite Ventures Cyclically Adjusted PB Ratio Related Terms


Greenlite Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures Cyclically Adjusted PB Ratio Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.00 0.00 0.00 0.00 0.00

GRNL vs OCLN, HDII, CWSS: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Greenlite Ventures'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.


Greenlite Ventures Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greenlite Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Greenlite Ventures 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.

Greenlite Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Greenlite Ventures's adjusted Book Value per Share data for the three months ended in Dec. 2012 was:

Adj_Book=Book Value per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=-17.308/229.6010*229.6010
=-17.308

Current CPI (Dec. 2012) = 229.6010.

Greenlite Ventures Quarterly Data

Book Value per Share CPI Adj_Book
200303 6.500 184.200 8.102
200306 0.000 183.700 0.000
200309 4.167 185.200 5.166
200312 1.000 184.300 1.246
200403 -1.167 187.400 -1.430
200406 0.000 189.700 0.000
200409 3.167 189.900 3.829
200412 1.167 190.300 1.408
200503 -1.333 193.300 -1.583
200506 0.000 194.500 0.000
200509 4.500 198.800 5.197
200512 2.667 196.800 3.112
200603 0.500 199.800 0.575
200606 -2.000 202.900 -2.263
200609 -3.667 202.900 -4.150
200612 -6.167 201.800 -7.017
200703 -9.800 205.352 -10.957
200706 -13.800 208.352 -15.207
200709 -17.600 208.490 -19.382
200712 -12.600 210.036 -13.774
200803 -5.167 213.528 -5.556
200806 -8.000 218.815 -8.394
200809 -9.500 218.783 -9.970
200812 -11.167 210.228 -12.196
200903 -13.667 212.709 -14.752
200906 -16.500 215.693 -17.564
200909 -20.167 215.969 -21.440
200912 -22.500 215.949 -23.922
201003 -25.000 217.631 -26.375
201006 -27.000 217.965 -28.441
201009 -17.714 218.439 -18.619
201012 -19.571 219.179 -20.502
201103 -22.714 223.467 -23.337
201106 -25.000 225.722 -25.430
201109 -0.833 226.889 -0.843
201112 -2.500 225.672 -2.544
201203 0.083 229.392 0.083
201206 -12.833 229.478 -12.840
201209 -16.000 231.407 -15.875
201212 -17.308 229.601 -17.308

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.


Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.