TRCNF (Transnational Cannabis) Cyclically Adjusted PB Ratio: (As of Jul. 22, 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.
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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 Transnational Cannabis Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transnational Cannabis  (OTCPK:TRCNF) 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.


Transnational Cannabis Cyclically Adjusted PB Ratio Related Terms


Transnational Cannabis Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Cyclically Adjusted PB Ratio Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
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

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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

TRCNF vs CLSH, KAYS, ACUR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Transnational Cannabis'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.


Transnational Cannabis Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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



Transnational Cannabis 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.

Transnational Cannabis's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2019 is calculated as:

For example, Transnational Cannabis's adjusted Book Value per Share data for the three months ended in Nov. 2019 was:

Adj_Book=Book Value per Share/CPI of Nov. 2019 (Change)*Current CPI (Nov. 2019)
=0.049/107.7693*107.7693
=0.049

Current CPI (Nov. 2019) = 107.7693.

Transnational Cannabis Quarterly Data

Book Value per Share CPI Adj_Book
201002 0.196 91.335 0.231
201005 0.178 91.888 0.209
201008 0.132 92.204 0.154
201011 0.118 92.836 0.137
201102 0.064 93.311 0.074
201105 0.023 95.286 0.026
201108 -0.030 95.049 -0.034
201111 0.048 95.523 0.054
201202 0.034 95.760 0.038
201205 0.003 96.471 0.003
201208 -0.031 96.234 -0.035
201211 -0.053 96.313 -0.059
201302 -0.010 96.945 -0.011
201305 -0.020 97.182 -0.022
201308 -0.008 97.261 -0.009
201311 -0.010 97.182 -0.011
201402 -0.007 98.051 -0.008
201405 0.017 99.394 0.018
201408 0.002 99.315 0.002
201411 0.030 99.078 0.033
201502 0.019 99.078 0.021
201505 0.015 100.263 0.016
201508 0.007 100.579 0.008
201511 0.003 100.421 0.003
201602 0.000 100.421 0.000
201605 -0.003 101.765 -0.003
201608 0.012 101.686 0.013
201611 -0.009 101.607 -0.010
201702 -0.016 102.476 -0.017
201705 -0.016 103.108 -0.017
201708 -0.004 103.108 -0.004
201711 -0.001 103.740 -0.001
201802 -0.003 104.688 -0.003
201805 0.078 105.399 0.080
201808 0.319 106.031 0.324
201811 0.339 105.478 0.346
201902 0.160 106.268 0.162
201905 0.161 107.927 0.161
201908 0.153 108.085 0.153
201911 0.049 107.769 0.049

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.


Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.