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VDQSF (Gnomestar Craft) Cyclically Adjusted PB Ratio : (As of Sep. 24, 2024)


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What is Gnomestar Craft Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gnomestar Craft Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gnomestar Craft'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.

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Gnomestar Craft Cyclically Adjusted PB Ratio Chart

Gnomestar Craft Annual Data
Trend Jun12 Jun13 Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Gnomestar Craft Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Gnomestar Craft's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Gnomestar Craft'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.


Gnomestar Craft's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Gnomestar Craft 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.

Gnomestar Craft's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar21 is calculated as:

For example, Gnomestar Craft's adjusted Book Value per Share data for the fiscal year that ended in Mar21 was:

Adj_Book=Book Value per Share/CPI of Mar21 (Change)*Current CPI (Mar21)
=-0.015/110.2976*110.2976
=-0.015

Current CPI (Mar21) = 110.2976.

Gnomestar Craft Annual Data

Book Value per Share CPI Adj_Book
201206 0.493 96.076 0.566
201306 0.077 97.182 0.087
201406 0.175 99.473 0.194
201503 0.015 99.789 0.017
201603 0.015 101.054 0.016
201703 0.023 102.634 0.025
201803 0.014 105.004 0.015
201903 -0.012 106.979 -0.012
202003 -0.013 107.927 -0.013
202103 -0.015 110.298 -0.015

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.


Gnomestar Craft  (OTCPK:VDQSF) 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.


Gnomestar Craft Cyclically Adjusted PB Ratio Related Terms

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Gnomestar Craft Business Description

Traded in Other Exchanges
N/A
Address
8778 River Road, Delta, BC, CAN, V4G 1B5
Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

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