GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jacksam Corp (OTCPK:JKSM) » Definitions » Cyclically Adjusted PB Ratio

Jacksam (Jacksam) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)


View and export this data going back to . Start your Free Trial

What is Jacksam Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jacksam Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jacksam'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.

Jacksam Cyclically Adjusted PB Ratio Chart

Jacksam Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Jacksam Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Jacksam's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Jacksam'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.


Jacksam's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jacksam's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jacksam 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.

Jacksam's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jacksam's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.065/129.4194*129.4194
=-0.065

Current CPI (Dec. 2023) = 129.4194.

Jacksam Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.418 99.695 -0.543
201406 -0.430 100.560 -0.553
201409 -0.440 100.428 -0.567
201412 -0.445 99.070 -0.581
201503 -0.450 99.621 -0.585
201506 -0.454 100.684 -0.584
201509 -0.458 100.392 -0.590
201512 -0.462 99.792 -0.599
201603 -0.465 100.470 -0.599
201606 -0.046 101.688 -0.059
201609 -0.046 101.861 -0.058
201612 -0.047 101.863 -0.060
201703 -0.047 102.862 -0.059
201706 -0.047 103.349 -0.059
201709 -0.048 104.136 -0.060
201712 -0.048 104.011 -0.060
201803 -0.049 105.290 -0.060
201806 -0.001 106.317 -0.001
201809 -0.074 106.507 -0.090
201812 -0.092 105.998 -0.112
201903 -0.031 107.251 -0.037
201906 -0.065 108.070 -0.078
201909 -0.161 108.329 -0.192
201912 -0.073 108.420 -0.087
202003 -0.117 108.902 -0.139
202006 -0.080 108.767 -0.095
202009 -0.112 109.815 -0.132
202012 -0.086 109.897 -0.101
202103 -0.065 111.754 -0.075
202106 -0.059 114.631 -0.067
202109 -0.060 115.734 -0.067
202112 -0.061 117.630 -0.067
202203 0.000 121.301 0.000
202206 -0.045 125.017 -0.047
202209 -0.049 125.227 -0.051
202212 -0.063 125.222 -0.065
202303 -0.063 127.348 -0.064
202306 -0.083 128.729 -0.083
202309 -0.071 129.860 -0.071
202312 -0.065 129.419 -0.065

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.


Jacksam  (OTCPK:JKSM) 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.


Jacksam Cyclically Adjusted PB Ratio Related Terms

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


Jacksam (Jacksam) Business Description

Traded in Other Exchanges
N/A
Address
3100 Airway Avenue, Suite 138, Costa Mesa, CA, USA, 92626
Jacksam Corp is a technology company focused on developing and commercializing products utilizing a proprietary technology platform. The company services the medical cannabis, hemp and CBD segments of the larger e-cigarette and vaporizer markets with oil vaporizer focused products. It offers capping, vaporizer cartridge filling, and automation systems. The company's product line consists of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, the PreRoll-ER automated pre-roll & cone filling machine, and cartridges. The Company derives revenues from the sale of machines and non-machine products.
Executives
Daniel Lee Davis 10 percent owner 31 ARBOR WALK LN, RANCHO SANTA MARGARITA CA 92688
Theodore Winston director 394 HAMMOND STREET, CHESTNUT HILL MA 02467
Hagen Donald Robert Jr director 15 CORN FLOWER ST, COTO DE CAZA CA 92679
Scott Wessler director 5 BOARDWALK, NEWPORT BEACH CA 92660
Michael Sakala officer: CFO & Secretary 21662 OCEAN VISTA DR, APT C, LAGUNA BEACH CA 92651
Mark Adams director, officer: CEO 4440 VON KARMAN AVENUE, SUITE 220, NEWPORT BEACH CA 92660
Yanhong Deng director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Xiangyang Liu director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Beijing Hua Hui Hengye Investement Ltd. 10 percent owner PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022
Redrock Capital Venture Ltd. 10 percent owner ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738
Carla Zhou officer: Chief Financial Officer ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738
Zengjie Chen 10 percent owner NO. 16 ROOM 402, E MEI ROAD 366, HONGKOU DISTRICT, SHANGHAI F4 00000
Union Max Enterprises Ltd 10 percent owner 16F A BUSINESS OFFICE E. AREA OF CENTURY, GOLDEN RESOURCES HOTEL NO. 69 BANJING RD, HAIDIAN DISTRICT, BE F4 100097
Her Village Ltd 10 percent owner 8/F, CRAWFORD TOWER, 99 JERVOIS STREET SHEUNG WAN, HONG KONG K3 100738
Professional Offshore Opportunity Fund, Ltd. 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 206, WESTBURY NY 11590

Jacksam (Jacksam) Headlines

From GuruFocus

Jacksam (OTCMKTS: JKSM) CEO Provides Company Update

By PRNewswire PRNewswire 03-08-2019