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Gaia Grow (XCNQ:GAIA) Cyclically Adjusted PB Ratio : 0.02 (As of Jun. 23, 2024)


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What is Gaia Grow Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Gaia Grow's current share price is C$0.01. Gaia Grow's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was C$0.60. Gaia Grow's Cyclically Adjusted PB Ratio for today is 0.02.

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

XCNQ:GAIA'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.

Gaia Grow's adjusted book value per share data for the three months ended in Sep. 2022 was C$-0.047. 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$0.60 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaia Grow Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gaia Grow'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.

Gaia Grow Cyclically Adjusted PB Ratio Chart

Gaia Grow Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.03

Gaia Grow Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 1.03 0.61 0.41 0.18

Competitive Comparison of Gaia Grow's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Gaia Grow'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.


Gaia Grow's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Gaia Grow 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.

Gaia Grow's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.6
=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.

Gaia Grow's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Gaia Grow's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.047/120.6479*120.6479
=-0.047

Current CPI (Sep. 2022) = 120.6479.

Gaia Grow Quarterly Data

Book Value per Share CPI Adj_Book
201210 0.000 96.550 0.000
201301 0.653 95.839 0.822
201304 0.650 96.945 0.809
201307 0.628 97.261 0.779
201310 0.608 97.182 0.755
201401 0.588 97.261 0.729
201404 0.565 98.920 0.689
201407 0.681 99.315 0.827
201410 0.672 99.473 0.815
201501 0.647 98.209 0.795
201504 0.641 99.710 0.776
201507 0.613 100.579 0.735
201510 0.603 100.500 0.724
201601 0.572 100.184 0.689
201604 0.544 101.370 0.647
201607 0.516 101.844 0.611
201610 0.497 102.002 0.588
201701 0.466 102.318 0.549
201704 0.444 103.029 0.520
201707 0.422 103.029 0.494
201710 0.838 103.424 0.978
201801 0.714 104.056 0.828
201804 0.604 105.320 0.692
201807 0.630 106.110 0.716
201810 0.806 105.952 0.918
201901 0.777 105.557 0.888
201904 0.735 107.453 0.825
201909 0.510 107.611 0.572
201912 0.729 107.769 0.816
202003 0.696 107.927 0.778
202006 0.571 108.401 0.636
202009 0.549 108.164 0.612
202012 0.080 108.559 0.089
202103 0.055 110.298 0.060
202106 0.368 111.720 0.397
202109 0.352 112.905 0.376
202112 -0.037 113.774 -0.039
202203 -0.068 117.646 -0.070
202206 -0.064 120.806 -0.064
202209 -0.047 120.648 -0.047

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.


Gaia Grow  (XCNQ:GAIA) 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.


Gaia Grow Cyclically Adjusted PB Ratio Related Terms

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Gaia Grow (XCNQ:GAIA) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN
Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.
Executives
Frederick Pels Director

Gaia Grow (XCNQ:GAIA) Headlines

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