GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Spirits Time International Inc (OTCPK:SRSG) » Definitions » Cyclically Adjusted PB Ratio

SRSG (Spirits Time International) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Spirits Time International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spirits Time International Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Spirits Time International Cyclically Adjusted PB Ratio Chart

Spirits Time International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Spirits Time International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Spirits Time International's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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 Sep. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.214/133.0289*133.0289
=-0.214

Current CPI (Sep. 2024) = 133.0289.

Spirits Time International Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.746 99.070 -1.002
201503 -0.779 99.621 -1.040
201506 -0.917 100.684 -1.212
201509 -0.989 100.392 -1.311
201512 -1.050 99.792 -1.400
201603 -1.155 100.470 -1.529
201606 -1.265 101.688 -1.655
201609 -1.326 101.861 -1.732
201612 -1.398 101.863 -1.826
201703 -1.459 102.862 -1.887
201706 -1.569 103.349 -2.020
201709 0.000 104.136 0.000
201712 -0.074 104.011 -0.095
201803 -0.078 105.290 -0.099
201806 -0.085 106.317 -0.106
201809 -0.038 106.507 -0.047
201812 -0.046 105.998 -0.058
201903 -0.044 107.251 -0.055
201906 -0.043 108.070 -0.053
201909 -0.039 108.329 -0.048
201912 -0.051 108.420 -0.063
202003 -0.057 108.902 -0.070
202006 -0.063 108.767 -0.077
202009 -0.068 109.815 -0.082
202012 -0.073 109.897 -0.088
202103 -0.078 111.754 -0.093
202106 -0.086 114.631 -0.100
202109 -0.091 115.734 -0.105
202112 -0.098 117.630 -0.111
202203 -0.104 121.301 -0.114
202206 -0.110 125.017 -0.117
202209 -0.116 125.227 -0.123
202212 -0.134 125.222 -0.142
202303 -0.141 127.348 -0.147
202306 -0.148 128.729 -0.153
202309 -0.154 129.860 -0.158
202312 -0.191 129.419 -0.196
202403 -0.198 131.776 -0.200
202406 -0.207 132.554 -0.208
202409 -0.214 133.029 -0.214

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  (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

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


Spirits Time International Business Description

Traded in Other Exchanges
N/A
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.

Spirits Time International Headlines

No Headlines