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Eastwood Bio-Medical Canada (TSXV:EBM) Cyclically Adjusted PB Ratio : 29.33 (As of May. 03, 2024)


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What is Eastwood Bio-Medical Canada Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Eastwood Bio-Medical Canada's current share price is C$0.88. Eastwood Bio-Medical Canada's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.03. Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio for today is 29.33.

The historical rank and industry rank for Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:EBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 16.67   Med: 25   Max: 33.33
Current: 30.08

During the past years, Eastwood Bio-Medical Canada's highest Cyclically Adjusted PB Ratio was 33.33. The lowest was 16.67. And the median was 25.00.

TSXV:EBM's Cyclically Adjusted PB Ratio is ranked worse than
98.17% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.585 vs TSXV:EBM: 30.08

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.

Eastwood Bio-Medical Canada's adjusted book value per share data for the three months ended in Jan. 2024 was C$-0.013. 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 C$0.03 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastwood Bio-Medical Canada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eastwood Bio-Medical Canada'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.

Eastwood Bio-Medical Canada Cyclically Adjusted PB Ratio Chart

Eastwood Bio-Medical Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.38

Eastwood Bio-Medical Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 26.28 27.92 26.38 20.51

Competitive Comparison of Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Eastwood Bio-Medical Canada'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.


Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio falls into.



Eastwood Bio-Medical Canada 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.

Eastwood Bio-Medical Canada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.88/0.03
=29.33

* 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.

Eastwood Bio-Medical Canada's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Eastwood Bio-Medical Canada's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.013/125.4675*125.4675
=-0.013

Current CPI (Jan. 2024) = 125.4675.

Eastwood Bio-Medical Canada Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.000 98.920 0.000
201407 0.053 99.315 0.067
201410 0.059 99.473 0.074
201501 0.057 98.209 0.073
201504 0.056 99.710 0.070
201507 0.056 100.579 0.070
201510 0.055 100.500 0.069
201601 0.054 100.184 0.068
201604 0.052 101.370 0.064
201607 0.050 101.844 0.062
201610 0.048 102.002 0.059
201701 0.046 102.318 0.056
201704 0.044 103.029 0.054
201707 0.041 103.029 0.050
201710 0.040 103.424 0.049
201801 0.038 104.056 0.046
201804 0.035 105.320 0.042
201807 0.032 106.110 0.038
201810 0.027 105.952 0.032
201901 0.027 105.557 0.032
201904 0.023 107.453 0.027
201907 0.022 108.243 0.026
201910 0.019 107.927 0.022
202001 0.016 108.085 0.019
202004 0.012 107.216 0.014
202007 0.011 108.401 0.013
202010 0.007 108.638 0.008
202101 0.004 109.192 0.005
202104 0.001 110.851 0.001
202107 -0.002 112.431 -0.002
202110 -0.002 113.695 -0.002
202201 -0.002 114.801 -0.002
202204 -0.003 118.357 -0.003
202207 -0.004 120.964 -0.004
202210 -0.004 121.517 -0.004
202301 -0.005 121.596 -0.005
202304 -0.008 123.571 -0.008
202307 -0.010 124.914 -0.010
202310 -0.012 125.310 -0.012
202401 -0.013 125.468 -0.013

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.


Eastwood Bio-Medical Canada  (TSXV:EBM) 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.


Eastwood Bio-Medical Canada Cyclically Adjusted PB Ratio Related Terms

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Eastwood Bio-Medical Canada (TSXV:EBM) Business Description

Traded in Other Exchanges
N/A
Address
4871 Shell Road, Suite 1130, Richmond, BC, CAN, V6X 3Z6
Eastwood Bio-Medical Canada Inc is a Canadian company engaged in the development and commercialization of safe and effective treatment for non-insulin dependent diabetes mellitus. The company is engaged in natural health supplement distribution company. It has its geographic presence in North America, Canada and Asia.

Eastwood Bio-Medical Canada (TSXV:EBM) Headlines

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