NGHI (New Green Hemp) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is New Green Hemp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Green Hemp  (OTCPK:NGHI) 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.


New Green Hemp Cyclically Adjusted PB Ratio Related Terms


New Green Hemp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Green Hemp'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.

New Green Hemp Cyclically Adjusted PB Ratio Chart

New Green Hemp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.73 70.31 3,750.00 -

New Green Hemp Quarterly Data
Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,250.00 771.76 - - -

NGHI vs PKDSQ, FSNR, ESES: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, New Green Hemp'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.


New Green Hemp Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Green Hemp's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



New Green Hemp 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.

New Green Hemp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, New Green Hemp's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.021/333.9520*333.9520
=0.021

Current CPI (Jun. 2026) = 333.9520.

New Green Hemp Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.167 238.343 3.036
201409 1.736 238.031 2.436
201412 1.455 234.812 2.069
201503 6.001 236.119 8.487
201506 4.800 238.638 6.717
201509 4.848 237.945 6.804
201512 3.618 236.525 5.108
201603 2.448 238.132 3.433
201606 0.087 241.018 0.121
201609 1.437 241.428 1.988
201703 -0.302 243.801 -0.414
201706 -0.443 244.955 -0.604
201709 -0.648 246.819 -0.877
201712 -2.069 246.524 -2.803
201803 0.116 249.554 0.155
201806 -0.600 251.989 -0.795
201809 0.829 252.439 1.097
201812 -0.241 251.233 -0.320
201903 0.022 254.202 0.029
202103 2.108 264.877 2.658
202106 2.372 271.696 2.916
202109 1.733 274.310 2.110
202203 -0.651 287.504 -0.756
202206 -0.671 296.311 -0.756
202209 -0.671 296.808 -0.755
202212 -0.873 296.797 -0.982
202303 -0.700 301.836 -0.774
202306 -0.708 305.109 -0.775
202309 307.789 0.000
202312 -0.131 306.746 -0.143
202403 -0.169 312.332 -0.181
202406 -0.201 314.175 -0.214
202409 -0.192 315.301 -0.203
202412 -0.003 315.605 -0.003
202503 -0.004 319.799 -0.004
202506 -0.004 322.561 -0.004
202509 -0.005 324.800 -0.005
202512 -0.006 324.054 -0.006
202603 0.022 330.213 0.022
202606 0.021 333.952 0.021

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.


New Green Hemp Business Description

Industry EnergyOil & Gas
Address 4362 Mahan Drive, Tallahassee, FL, USA, 32308
New Green Hemp Incis focused on developing and acquiring businesses that fit into the disruptive business model of Developing, Scaling, and Financing (DSF) within synergistic industries and focused business groups.