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MedMen Enterprises (STU:0JS) Cyclically Adjusted PB Ratio : 0.02 (As of Jun. 23, 2024)


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What is MedMen Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-23), MedMen Enterprises's current share price is €0.0094. MedMen Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was €0.38. MedMen Enterprises's Cyclically Adjusted PB Ratio for today is 0.02.

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

STU:0JS's Cyclically Adjusted PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.87
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

MedMen Enterprises's adjusted book value per share data for the three months ended in Mar. 2023 was €0.083. 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 €0.38 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MedMen Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Cyclically Adjusted PB Ratio Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.13

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.35 0.13 0.07 0.03 0.03

Competitive Comparison of MedMen Enterprises's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises'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.


MedMen Enterprises's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



MedMen Enterprises 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.

MedMen Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0094/0.38
=0.02

* 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.

MedMen Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.083/127.3478*127.3478
=0.083

Current CPI (Mar. 2023) = 127.3478.

MedMen Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201304 0.147 98.107 0.191
201307 0.075 98.557 0.097
201310 -0.003 98.536 -0.004
201401 -0.053 98.692 -0.068
201404 -0.203 100.023 -0.258
201407 0.540 100.520 0.684
201410 0.487 100.176 0.619
201501 0.405 98.604 0.523
201504 0.406 99.824 0.518
201507 0.336 100.691 0.425
201510 0.290 100.346 0.368
201601 0.244 99.957 0.311
201604 0.215 100.947 0.271
201607 0.174 101.524 0.218
201610 0.131 101.988 0.164
201701 0.097 102.456 0.121
201704 0.050 103.167 0.062
201707 -0.010 103.278 -0.012
201710 -0.050 104.070 -0.061
201801 -0.099 104.578 -0.121
201804 0.509 105.708 0.613
201809 2.123 106.507 2.538
201812 2.482 105.998 2.982
201903 1.647 107.251 1.956
201906 1.232 108.070 1.452
201909 1.145 108.329 1.346
201912 0.899 108.420 1.056
202003 0.684 108.902 0.800
202006 0.351 108.767 0.411
202009 0.323 109.815 0.375
202012 0.266 109.897 0.308
202103 0.286 111.754 0.326
202106 0.219 114.631 0.243
202109 0.178 115.734 0.196
202112 0.173 117.630 0.187
202203 0.154 121.301 0.162
202206 0.110 125.017 0.112
202209 0.125 125.227 0.127
202212 0.106 125.222 0.108
202303 0.083 127.348 0.083

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.


MedMen Enterprises  (STU:0JS) 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.


MedMen Enterprises Cyclically Adjusted PB Ratio Related Terms

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


MedMen Enterprises (STU:0JS) Business Description

Traded in Other Exchanges
N/A
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.

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