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Blue Line Protection Group (Blue Line Protection Group) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Blue Line Protection Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Blue Line Protection Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blue Line Protection Group'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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Blue Line Protection Group Cyclically Adjusted PB Ratio Chart

Blue Line Protection Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Blue Line Protection Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Blue Line Protection Group's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Blue Line Protection Group'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.


Blue Line Protection Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Blue Line Protection Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Blue Line Protection Group's Cyclically Adjusted PB Ratio falls into.



Blue Line Protection Group 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.

Blue Line Protection Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Blue Line Protection Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.169/129.4194*129.4194
=-0.169

Current CPI (Dec. 2023) = 129.4194.

Blue Line Protection Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.021 99.695 -0.027
201406 0.665 100.560 0.856
201409 0.275 100.428 0.354
201412 0.313 99.070 0.409
201503 0.150 99.621 0.195
201506 0.070 100.684 0.090
201509 0.036 100.392 0.046
201512 -0.107 99.792 -0.139
201603 -0.407 100.470 -0.524
201606 -0.427 101.688 -0.543
201609 -0.395 101.861 -0.502
201612 -1.026 101.863 -1.304
201703 -1.234 102.862 -1.553
201706 -1.384 103.349 -1.733
201709 -1.668 104.136 -2.073
201712 -3.180 104.011 -3.957
201803 -4.106 105.290 -5.047
201806 -2.014 106.317 -2.452
201809 -1.488 106.507 -1.808
201812 -0.924 105.998 -1.128
201903 -0.803 107.251 -0.969
201906 -0.689 108.070 -0.825
201909 -0.593 108.329 -0.708
201912 -0.563 108.420 -0.672
202003 -0.592 108.902 -0.704
202006 -0.587 108.767 -0.698
202009 -0.560 109.815 -0.660
202012 -0.654 109.897 -0.770
202103 -0.845 111.754 -0.979
202106 -0.508 114.631 -0.574
202109 -0.536 115.734 -0.599
202112 -0.311 117.630 -0.342
202203 -0.307 121.301 -0.328
202206 -0.280 125.017 -0.290
202209 -0.248 125.227 -0.256
202212 -0.232 125.222 -0.240
202303 -0.225 127.348 -0.229
202306 -0.202 128.729 -0.203
202309 -0.178 129.860 -0.177
202312 -0.169 129.419 -0.169

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.


Blue Line Protection Group  (OTCPK:BLPG) 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.


Blue Line Protection Group Cyclically Adjusted PB Ratio Related Terms

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Blue Line Protection Group (Blue Line Protection Group) Business Description

Traded in Other Exchanges
N/A
Address
5765 Logan Street, Denver, CO, USA, 80216
Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.
Executives
Patrick Deparini officer: Chief Financial Officer 5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146
Ricky Gene Bennett officer: Vice President of Operations 1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125
Daniel Scott Sullivan director, officer: Vice President of Marketing 9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126
Sean-robbie Gibson Campbell director, officer: Chief Executive Officer 1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215
David Uddman director, 10 percent owner, officer: President 3717 W. WOODSIDE, SPOKANE WA 99208

Blue Line Protection Group (Blue Line Protection Group) Headlines

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