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TAAT Global Alternatives (STU:2TP0) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 08, 2024)


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What is TAAT Global Alternatives Cyclically Adjusted PB Ratio?

As of today (2024-06-08), TAAT Global Alternatives's current share price is €0.138. TAAT Global Alternatives's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2023 was €318.31. TAAT Global Alternatives's Cyclically Adjusted PB Ratio for today is 0.00.

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

STU:2TP0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.25   Max: 1.86
Current: 0.03

During the past years, TAAT Global Alternatives's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.01. And the median was 0.25.

STU:2TP0's Cyclically Adjusted PB Ratio is ranked better than
94.12% of 34 companies
in the Tobacco Products industry
Industry Median: 2.555 vs STU:2TP0: 0.03

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.

TAAT Global Alternatives's adjusted book value per share data for the three months ended in Jul. 2023 was €0.171. 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 €318.31 for the trailing ten years ended in Jul. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAAT Global Alternatives Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Cyclically Adjusted PB Ratio Chart

TAAT Global Alternatives Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.86 1.14 0.28

TAAT Global Alternatives Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.40 0.28 0.23 0.11 0.09

Competitive Comparison of TAAT Global Alternatives's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, TAAT Global Alternatives'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.


TAAT Global Alternatives's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Cyclically Adjusted PB Ratio falls into.



TAAT Global Alternatives 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.

TAAT Global Alternatives's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.138/318.31
=0.00

* 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.

TAAT Global Alternatives's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2023 is calculated as:

For example, TAAT Global Alternatives's adjusted Book Value per Share data for the three months ended in Jul. 2023 was:

Adj_Book=Book Value per Share/CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=0.171/124.9144*124.9144
=0.171

Current CPI (Jul. 2023) = 124.9144.

TAAT Global Alternatives Quarterly Data

Book Value per Share CPI Adj_Book
201310 31.822 97.182 40.903
201401 29.186 97.261 37.484
201404 40.029 98.920 50.548
201407 34.330 99.315 43.179
201410 38.544 99.473 48.402
201501 52.632 98.209 66.944
201504 38.140 99.710 47.781
201507 37.736 100.579 46.866
201510 2.692 100.500 3.346
201601 0.975 100.184 1.216
201604 3.720 101.370 4.584
201607 3.030 101.844 3.716
201610 5.169 102.002 6.330
201701 3.243 102.318 3.959
201704 2.364 103.029 2.866
201707 3.230 103.029 3.916
201710 3.352 103.424 4.049
201801 2.760 104.056 3.313
201804 0.859 105.320 1.019
201807 0.734 106.110 0.864
201810 -1.096 105.952 -1.292
201901 -1.104 105.557 -1.306
201904 -1.243 107.453 -1.445
201907 -0.244 108.243 -0.282
201910 -0.023 107.927 -0.027
202001 -0.036 108.085 -0.042
202004 0.275 107.216 0.320
202007 0.265 108.401 0.305
202010 0.985 108.638 1.133
202101 1.471 109.192 1.683
202104 1.246 110.851 1.404
202107 0.841 112.431 0.934
202110 1.021 113.695 1.122
202201 0.873 114.801 0.950
202204 0.749 118.357 0.790
202207 0.905 120.964 0.935
202210 0.612 121.517 0.629
202301 0.418 121.596 0.429
202304 0.428 123.571 0.433
202307 0.171 124.914 0.171

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.


TAAT Global Alternatives  (STU:2TP0) 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.


TAAT Global Alternatives Cyclically Adjusted PB Ratio Related Terms

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


TAAT Global Alternatives (STU:2TP0) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.

TAAT Global Alternatives (STU:2TP0) Headlines

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