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Jushi Holdings (Jushi Holdings) Cyclically Adjusted PB Ratio : 0.95 (As of May. 21, 2024)


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What is Jushi Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Jushi Holdings's current share price is $0.6579. Jushi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.69. Jushi Holdings's Cyclically Adjusted PB Ratio for today is 0.95.

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

JUSHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.38   Max: 5.88
Current: 1.02

During the past years, Jushi Holdings's highest Cyclically Adjusted PB Ratio was 5.88. The lowest was 0.41. And the median was 1.38.

JUSHF's Cyclically Adjusted PB Ratio is ranked better than
71.51% of 674 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs JUSHF: 1.02

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.

Jushi Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.113. 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 $0.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jushi Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jushi Holdings'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.

Jushi Holdings Cyclically Adjusted PB Ratio Chart

Jushi Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.18 2.65 0.77 0.61

Jushi Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 0.54 1.02 0.61 1.05

Competitive Comparison of Jushi Holdings's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi Holdings'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.


Jushi Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Jushi Holdings 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.

Jushi Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6579/0.69
=0.95

* 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.

Jushi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jushi Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.113/131.7762*131.7762
=-0.113

Current CPI (Mar. 2024) = 131.7762.

Jushi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201405 1.933 100.373 2.538
201408 1.837 100.352 2.412
201411 1.677 99.635 2.218
201502 1.548 99.032 2.060
201505 1.476 100.333 1.939
201508 1.393 100.548 1.826
201511 1.374 100.135 1.808
201602 -0.059 100.040 -0.078
201605 0.000 101.355 0.000
201608 0.000 101.617 0.000
201611 0.000 101.829 0.000
201702 -0.091 102.779 -0.117
201705 -0.089 103.256 -0.114
201708 -0.087 103.587 -0.111
201711 -0.092 104.072 -0.116
201802 -0.139 105.052 -0.174
201805 -0.146 106.148 -0.181
201808 0.008 106.383 0.010
201811 0.006 106.338 0.007
201902 0.002 106.649 0.002
201906 1.075 108.070 1.311
201909 1.172 108.329 1.426
201912 1.033 108.420 1.256
202003 0.878 108.902 1.062
202006 0.807 108.767 0.978
202009 0.533 109.815 0.640
202012 -0.001 109.897 -0.001
202103 0.457 111.754 0.539
202106 0.515 114.631 0.592
202109 0.929 115.734 1.058
202112 0.998 117.630 1.118
202203 1.064 121.301 1.156
202206 1.158 125.017 1.221
202209 0.914 125.227 0.962
202212 0.219 125.222 0.230
202303 0.189 127.348 0.196
202306 0.147 128.729 0.150
202309 0.047 129.860 0.048
202312 -0.032 129.419 -0.033
202403 -0.113 131.776 -0.113

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.


Jushi Holdings  (OTCPK:JUSHF) 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.


Jushi Holdings Cyclically Adjusted PB Ratio Related Terms

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


Jushi Holdings (Jushi Holdings) Business Description

Traded in Other Exchanges
Address
301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431
Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.