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GTBIF (Green Thumb Industries) Cyclically Adjusted PB Ratio : 1.70 (As of Jul. 10, 2025)


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What is Green Thumb Industries Cyclically Adjusted PB Ratio?

As of today (2025-07-10), Green Thumb Industries's current share price is $6.41. Green Thumb Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $3.78. Green Thumb Industries's Cyclically Adjusted PB Ratio for today is 1.70.

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

GTBIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.46   Max: 2.6
Current: 1.35

During the past years, Green Thumb Industries's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.03. And the median was 0.46.

GTBIF's Cyclically Adjusted PB Ratio is ranked better than
65.73% of 747 companies
in the Drug Manufacturers industry
Industry Median: 2.03 vs GTBIF: 1.35

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.

Green Thumb Industries's adjusted book value per share data for the three months ended in Mar. 2025 was $7.642. 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 $3.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Thumb Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Thumb 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.

Green Thumb Industries Cyclically Adjusted PB Ratio Chart

Green Thumb Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.70 0.49 1.11 2.13

Green Thumb Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.81 1.96 2.41 2.13 1.54

Competitive Comparison of Green Thumb Industries's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Green Thumb 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.


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

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

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


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Green Thumb 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.

Green Thumb Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.41/3.78
=1.70

* 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.

Green Thumb Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Green Thumb Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.642/134.9266*134.9266
=7.642

Current CPI (Mar. 2025) = 134.9266.

Green Thumb Industries Quarterly Data

Book Value per Share CPI Adj_Book
201505 9.205 100.333 12.379
201508 8.702 100.548 11.677
201511 6.845 100.135 9.223
201602 -2.202 100.040 -2.970
201605 -2.756 101.355 -3.669
201608 -2.679 101.617 -3.557
201611 -3.476 101.829 -4.606
201702 -4.131 102.779 -5.423
201705 -4.655 103.256 -6.083
201708 -4.976 103.587 -6.481
201711 -5.429 104.072 -7.039
201802 0.262 105.052 0.337
201805 -0.810 106.148 -1.030
201809 1.589 106.507 2.013
201812 2.198 105.998 2.798
201903 3.049 107.251 3.836
201906 4.098 108.070 5.116
201909 4.016 108.329 5.002
201912 4.070 108.420 5.065
202003 4.094 108.902 5.072
202006 4.043 108.767 5.015
202009 4.118 109.815 5.060
202012 4.268 109.897 5.240
202103 5.018 111.754 6.058
202106 5.522 114.631 6.500
202109 6.343 115.734 7.395
202112 6.924 117.630 7.942
202203 7.035 121.301 7.825
202206 7.164 125.017 7.732
202209 7.238 125.227 7.799
202212 7.054 125.222 7.601
202303 7.099 127.348 7.521
202306 7.165 128.729 7.510
202309 7.138 129.860 7.417
202312 7.234 129.419 7.542
202403 7.399 131.776 7.576
202406 7.445 132.554 7.578
202409 7.515 133.029 7.622
202412 7.596 133.157 7.697
202503 7.642 134.927 7.642

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.


Green Thumb Industries  (OTCPK:GTBIF) 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.


Green Thumb Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Green Thumb Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Thumb Industries Business Description

Traded in Other Exchanges
Address
325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to US federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RYTHM.
Executives
Richard Reisin director 325 W. HURON STREET, SUITE 700, CHICAGO IL 60654
Hannah Scofield Buchan director 660 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10065
Ethan Nadelmann director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Dawn Wilson Barnes director 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Bret Kravitz officer: GENERAL COUNSEL AND SECRETARY 325 WEST HURON STREET, SUITE 700, CHICAGO IL 60654
Jeffrey H Goldman director 325 W HURON STREET, SUITE 700, CHICAGO IL 60654
Richard A Drexler director 200 S MICHIGAN AVE, SUITE 1300, CHICAGO IL 60604
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Swati Mylavarapu director 325 W. HURON ST., SUITE 700, CHICAGO IL 60654
Mathew Faulkner officer: Chief Accounting Officer 325 W. HURON, SUITE 412, CHICAGO IL 60654
Beth Elaine Burk officer: General Counsel 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Benjamin Kovler director, 10 percent owner, officer: Chairman & CEO 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Armen Yemenidjian officer: President 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Jennifer Dooley other: Chief Strategy Officer 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Westley Moore director 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654