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Global Health Clinics (XCNQ:MJRX) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 06, 2024)


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What is Global Health Clinics Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Global Health Clinics's current share price is C$0.025. Global Health Clinics's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$69.13. Global Health Clinics's Cyclically Adjusted PB Ratio for today is 0.00.

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

XCNQ:MJRX's Cyclically Adjusted PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.885
* 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.

Global Health Clinics's adjusted book value per share data for the three months ended in Jan. 2024 was C$-0.296. 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$69.13 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Health Clinics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Health Clinics'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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Global Health Clinics Cyclically Adjusted PB Ratio Chart

Global Health Clinics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
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Global Health Clinics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Global Health Clinics's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics'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.


Global Health Clinics's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Global Health Clinics's Cyclically Adjusted PB Ratio falls into.



Global Health Clinics 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.

Global Health Clinics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.025/69.13
=0.00

* 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.

Global Health Clinics's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Global Health Clinics'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)
=-0.296/125.0724*125.0724
=-0.296

Current CPI (Jan. 2024) = 125.0724.

Global Health Clinics Quarterly Data

Book Value per Share CPI Adj_Book
201404 107.636 98.920 136.092
201407 58.667 99.315 73.882
201410 50.476 99.473 63.466
201501 46.476 98.209 59.189
201504 -5.905 99.710 -7.407
201507 -9.524 100.579 -11.843
201510 -10.857 100.500 -13.511
201601 -12.952 100.184 -16.170
201604 -14.095 101.370 -17.391
201607 -15.619 101.844 -19.181
201610 -16.762 102.002 -20.553
201701 -25.333 102.318 -30.967
201704 146.239 103.029 177.528
201707 1,567.585 103.029 1,902.981
201710 59.336 103.424 71.756
201801 56.735 104.056 68.194
201804 53.791 105.320 63.879
201807 49.867 106.110 58.778
201810 64.198 105.952 75.783
201901 60.820 105.557 72.064
201904 60.929 107.453 70.920
201907 2.771 108.243 3.202
201910 1.501 107.927 1.739
202001 0.761 108.085 0.881
202004 -0.987 107.216 -1.151
202007 -0.164 108.401 -0.189
202010 -0.061 108.638 -0.070
202101 2.362 109.192 2.706
202104 2.243 110.851 2.531
202107 -0.175 112.431 -0.195
202110 -0.044 113.695 -0.048
202201 -0.171 114.801 -0.186
202204 -0.234 118.357 -0.247
202207 -0.070 120.964 -0.072
202210 -0.135 121.517 -0.139
202301 -0.160 121.596 -0.165
202304 -0.211 123.571 -0.214
202307 -0.243 124.914 -0.243
202310 -0.269 125.310 -0.268
202401 -0.296 125.072 -0.296

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.


Global Health Clinics  (XCNQ:MJRX) 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.


Global Health Clinics Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Global Health Clinics's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

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