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Grow Capital (Grow Capital) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Grow Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grow Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grow Capital'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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Grow Capital Cyclically Adjusted PB Ratio Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cyclically Adjusted PB Ratio
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Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Grow Capital's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Grow Capital'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.


Grow Capital's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Grow Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grow Capital 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.

Grow Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Grow Capital's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-0.386/111.7544*111.7544
=-0.386

Current CPI (Mar. 2021) = 111.7544.

Grow Capital Quarterly Data

Book Value per Share CPI Adj_Book
201106 6.592 95.235 7.735
201109 -13.583 95.727 -15.857
201112 -21.842 95.213 -25.637
201203 -27.810 96.783 -32.112
201206 -39.654 96.819 -45.771
201209 -56.257 97.633 -64.394
201212 -57.526 96.871 -66.364
201303 -58.708 98.209 -66.805
201306 -60.121 98.518 -68.199
201309 -23.900 98.790 -27.036
201312 -27.658 98.326 -31.435
201403 -30.855 99.695 -34.587
201406 2.655 100.560 2.951
201409 2.445 100.428 2.721
201412 1.918 99.070 2.164
201503 1.468 99.621 1.647
201506 1.046 100.684 1.161
201509 0.821 100.392 0.914
201512 0.037 99.792 0.041
201603 -0.035 100.470 -0.039
201606 -0.303 101.688 -0.333
201609 -0.564 101.861 -0.619
201612 -0.603 101.863 -0.662
201703 -0.306 102.862 -0.332
201706 -0.605 103.349 -0.654
201709 -0.135 104.136 -0.145
201712 -0.080 104.011 -0.086
201803 -0.101 105.290 -0.107
201806 -0.091 106.317 -0.096
201809 0.167 106.507 0.175
201812 0.138 105.998 0.145
201903 0.136 107.251 0.142
201906 0.289 108.070 0.299
201909 0.092 108.329 0.095
201912 0.077 108.420 0.079
202003 0.045 108.902 0.046
202006 -0.001 108.767 -0.001
202009 -0.405 109.815 -0.412
202012 -0.374 109.897 -0.380
202103 -0.386 111.754 -0.386

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.


Grow Capital  (OTCPK:GRWC) 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.


Grow Capital Cyclically Adjusted PB Ratio Related Terms

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Grow Capital (Grow Capital) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2485 Village View Drive, Suite 180, Henderson, NV, USA, 89074
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. The company serves industries such as insurance, blockchain and crypto currency, mobile payment processing, crowd funding, budgeting, stock trading, and robo-advising apps. Its operating segment includes Bombshell Technologies and corporate and Resort at Lake Selmac. The company generates maximum revenue from Bombshell Technologies and corporate segment.
Executives
Carl Sanko director, officer: Secretary 4824 DENARO DRIVE LAS VEGAS NV 89135
Jonathan Eric Bonnette director, 10 percent owner, officer: CTO 722 W DUTTON ROAD EAGLE POINT OR 97524
James John Olson director, officer: Chairman 45 AMARANTH DRIVE LITTLETON CO 80127
Terry Joe Kennedy director, 10 percent owner, officer: CEO and President 2485 VILLAGE VIEW DRIVE STE #190 HENDERSON NV 89074
Trevor Keegan Hall officer: CFO and Treasurer 6145 S. RAINBOW BLVD, STE 105 LAS VEGAS NV 89118
Joel Aaron Bonnette officer: CEO Bombshell Technologies Inc 25769 ROYAL BIRKDALE DR DENHAM SPRINGS LA 70726
Wayne Andrew Zallen director, 10 percent owner 722 W. DUTTON RD EAGLE POINT OR 97524
David Tobias director PO BOX 1602, MESQUITE NV 89024
Joann Zallen Cleckner officer: Corporate Secretary 3681 WINDGATE STREET MEDFORD OR 97504
Michael Myers director 647 S DEPEW STREET LAKEWOOD CO 80226
Kevin John Asher officer: CFO 2116 E. BEAUTIFUL LANE PHOENIX AZ 85042
Gregory Wayne Holmes director, officer: President 4349 E. SANDS DRIVE PHOENIX AZ 85050
Thomas Lee Harker officer: CTO 1350 N. GOLDEN KEY STREET GILBERT AZ 85233
Hoffmann Christian J. Iii director ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Charles H House director 2464 IRON MOUNTAIN DRIVE, PARK CITY UT 84060