GSTC (GlobeStar Therapeutics) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

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What is GlobeStar Therapeutics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobeStar Therapeutics  (OTCPK:GSTC) 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.


GlobeStar Therapeutics Cyclically Adjusted PB Ratio Related Terms


GlobeStar Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GlobeStar Therapeutics'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.

GlobeStar Therapeutics Cyclically Adjusted PB Ratio Chart

GlobeStar Therapeutics Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
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

GlobeStar Therapeutics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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

GSTC vs GBLX, ENDV, CNBX: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, GlobeStar Therapeutics'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.


GlobeStar Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GlobeStar Therapeutics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GlobeStar Therapeutics 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.

GlobeStar Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, GlobeStar Therapeutics's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.001/314.1750*314.1750
=-0.001

Current CPI (Jun. 2024) = 314.1750.

GlobeStar Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201409 -0.406 238.031 -0.536
201412 -0.464 234.812 -0.621
201503 -0.457 236.119 -0.608
201506 -0.598 238.638 -0.787
201509 0.001 237.945 0.001
201512 -0.008 236.525 -0.011
201603 -0.023 238.132 -0.030
201606 -0.045 241.018 -0.059
201609 -0.114 241.428 -0.148
201612 -0.104 241.432 -0.135
201703 -0.103 243.801 -0.133
201706 -0.099 244.955 -0.127
201709 -0.079 246.819 -0.101
201712 -0.072 246.524 -0.092
201803 -0.069 249.554 -0.087
201806 -0.062 251.989 -0.077
201809 -0.056 252.439 -0.070
201812 -0.045 251.233 -0.056
201903 -0.038 254.202 -0.047
201906 -0.034 256.143 -0.042
201909 -0.031 256.759 -0.038
201912 -0.003 256.974 -0.004
202003 -0.002 258.115 -0.002
202006 -0.002 257.797 -0.002
202009 -0.002 260.280 -0.002
202012 -0.002 260.474 -0.002
202103 -0.001 264.877 -0.001
202106 -0.001 271.696 -0.001
202109 -0.001 274.310 -0.001
202112 -0.001 278.802 -0.001
202203 -0.002 287.504 -0.002
202206 -0.001 296.311 -0.001
202209 -0.002 296.808 -0.002
202212 -0.002 296.797 -0.002
202303 -0.002 301.836 -0.002
202306 -0.001 305.109 -0.001
202309 -0.001 307.789 -0.001
202312 -0.001 306.746 -0.001
202403 -0.001 312.332 -0.001
202406 -0.001 314.175 -0.001

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.


GlobeStar Therapeutics Business Description

Address 719 Jadewin Avenue, Richland, WA, USA, 99352
GlobeStar Therapeutics Corp is a clinical-stage pharmaceutical company introducing a patented formulation of previously approved drugs for the treatment of Multiple Sclerosis. The company is focused on developing therapies for people with serious and life-threatening rare disorders.