SRSG (Spirits Time International) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Spirits Time International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spirits Time International  (OTCPK:SRSG) 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.


Spirits Time International Cyclically Adjusted PB Ratio Related Terms


Spirits Time International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Spirits Time International'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.

Spirits Time International Cyclically Adjusted PB Ratio Chart

Spirits Time International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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

Spirits Time International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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

SRSG vs BF.B: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Spirits Time International'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.


Spirits Time International Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Spirits Time International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Spirits Time International 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.

Spirits Time International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Spirits Time International's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.18/315.6050*315.6050
=-0.180

Current CPI (Dec. 2024) = 315.6050.

Spirits Time International Quarterly Data

Book Value per Share CPI Adj_Book
201503 -0.779 236.119 -1.041
201506 -0.917 238.638 -1.213
201509 -0.989 237.945 -1.312
201512 -1.050 236.525 -1.401
201603 -1.155 238.132 -1.531
201606 -1.265 241.018 -1.656
201609 -1.326 241.428 -1.733
201612 -1.398 241.432 -1.827
201703 -1.459 243.801 -1.889
201706 -1.569 244.955 -2.022
201709 0.000 246.819 0.000
201712 -0.074 246.524 -0.095
201803 -0.078 249.554 -0.099
201806 -0.085 251.989 -0.106
201809 -0.038 252.439 -0.048
201812 -0.046 251.233 -0.058
201903 -0.044 254.202 -0.055
201906 -0.043 256.143 -0.053
201909 -0.039 256.759 -0.048
201912 -0.051 256.974 -0.063
202003 -0.057 258.115 -0.070
202006 -0.063 257.797 -0.077
202009 -0.068 260.280 -0.082
202012 -0.073 260.474 -0.088
202103 -0.078 264.877 -0.093
202106 -0.086 271.696 -0.100
202109 -0.091 274.310 -0.105
202112 -0.098 278.802 -0.111
202203 -0.104 287.504 -0.114
202206 -0.110 296.311 -0.117
202209 -0.116 296.808 -0.123
202212 -0.134 296.797 -0.142
202303 -0.141 301.836 -0.147
202306 -0.148 305.109 -0.153
202309 -0.154 307.789 -0.158
202312 -0.191 306.746 -0.197
202403 -0.198 312.332 -0.200
202406 -0.207 314.175 -0.208
202409 -0.214 315.301 -0.214
202412 -0.180 315.605 -0.180

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.


Spirits Time International Business Description

Address 1661 Lakeview Circle, Ogden, UT, USA, 84403
Spirits Time International Inc is engaged in the business of marketing Tequila Products under the brand name of Tequila Alebrijes. The company distributes its products domestically furthermore internationally. The company's objective is to develop critical mass and a diverse portfolio of distilled spirits and non-alcoholic brands so as to make an attractive acquisition target or an attractive partner for other companies in the beverage industry.