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Green Thumb Industries (XCNQ:GTII) Cyclically Adjusted PB Ratio : 1.36 (As of Jun. 03, 2025)


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What is Green Thumb Industries Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Green Thumb Industries's current share price is C$7.39. Green Thumb Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$5.44. Green Thumb Industries's Cyclically Adjusted PB Ratio for today is 1.36.

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

XCNQ:GTII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.46   Max: 2.6
Current: 1.3

During the past years, Green Thumb Industries's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.03. And the median was 0.46.

XCNQ:GTII's Cyclically Adjusted PB Ratio is ranked better than
65.22% of 693 companies
in the Drug Manufacturers industry
Industry Median: 1.94 vs XCNQ:GTII: 1.30

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.

Green Thumb Industries's adjusted book value per share data for the three months ended in Mar. 2025 was C$10.971. 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$5.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Thumb Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Thumb Industries'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.

Green Thumb Industries Cyclically Adjusted PB Ratio Chart

Green Thumb Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.70 0.49 1.11 2.13

Green Thumb Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.81 1.96 2.41 2.13 1.54

Competitive Comparison of Green Thumb Industries's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Green Thumb Industries'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.


Green Thumb Industries's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Green Thumb Industries's Cyclically Adjusted PB Ratio falls into.


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Green Thumb Industries 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.

Green Thumb Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.39/5.44
=1.36

* 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.

Green Thumb Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Green Thumb Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.971/134.9266*134.9266
=10.971

Current CPI (Mar. 2025) = 134.9266.

Green Thumb Industries Quarterly Data

Book Value per Share CPI Adj_Book
201505 11.205 100.333 15.068
201508 11.440 100.548 15.351
201511 9.095 100.135 12.255
201602 -3.036 100.040 -4.095
201605 -3.564 101.355 -4.744
201608 -3.476 101.617 -4.615
201611 -4.667 101.829 -6.184
201702 -5.417 102.779 -7.111
201705 -6.333 103.256 -8.275
201708 -6.274 103.587 -8.172
201711 -6.929 104.072 -8.983
201802 0.333 105.052 0.428
201805 -1.036 106.148 -1.317
201809 2.071 106.507 2.624
201812 2.953 105.998 3.759
201903 4.077 107.251 5.129
201906 5.446 108.070 6.799
201909 5.317 108.329 6.622
201912 5.360 108.420 6.670
202003 5.715 108.902 7.081
202006 5.478 108.767 6.795
202009 5.449 109.815 6.695
202012 5.467 109.897 6.712
202103 6.307 111.754 7.615
202106 6.748 114.631 7.943
202109 8.037 115.734 9.370
202112 8.863 117.630 10.166
202203 8.907 121.301 9.908
202206 9.173 125.017 9.900
202209 9.655 125.227 10.403
202212 9.583 125.222 10.326
202303 9.713 127.348 10.291
202306 9.520 128.729 9.978
202309 9.658 129.860 10.035
202312 9.705 129.419 10.118
202403 10.015 131.776 10.254
202406 10.204 132.554 10.387
202409 10.180 133.029 10.325
202412 10.822 133.157 10.966
202503 10.971 134.927 10.971

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.


Green Thumb Industries  (XCNQ:GTII) 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.


Green Thumb Industries Cyclically Adjusted PB Ratio Related Terms

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Green Thumb Industries Business Description

Traded in Other Exchanges
Address
325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to US federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RYTHM.

Green Thumb Industries Headlines

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