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Burcon NutraScience (FRA:BNE) Cyclically Adjusted PB Ratio : 1.67 (As of Apr. 28, 2024)


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What is Burcon NutraScience Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Burcon NutraScience's current share price is €0.1505. Burcon NutraScience's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €0.09. Burcon NutraScience's Cyclically Adjusted PB Ratio for today is 1.67.

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

FRA:BNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 6.1   Max: 38.71
Current: 1.69

During the past years, Burcon NutraScience's highest Cyclically Adjusted PB Ratio was 38.71. The lowest was 0.56. And the median was 6.10.

FRA:BNE's Cyclically Adjusted PB Ratio is ranked worse than
58.34% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs FRA:BNE: 1.69

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.

Burcon NutraScience's adjusted book value per share data for the three months ended in Jun. 2023 was €0.033. 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 €0.09 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Burcon NutraScience Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience Cyclically Adjusted PB Ratio Chart

Burcon NutraScience Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 6.67 34.12 7.95 1.84

Burcon NutraScience Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.31 3.01 2.57 1.84 1.14

Competitive Comparison of Burcon NutraScience's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Burcon NutraScience 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.

Burcon NutraScience's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1505/0.09
=1.67

* 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.

Burcon NutraScience's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Burcon NutraScience's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.033/124.2033*124.2033
=0.033

Current CPI (Jun. 2023) = 124.2033.

Burcon NutraScience Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.091 97.419 0.116
201312 0.070 96.945 0.090
201403 0.053 98.604 0.067
201406 0.096 99.473 0.120
201409 0.083 99.394 0.104
201412 0.064 98.367 0.081
201503 0.074 99.789 0.092
201506 0.091 100.500 0.112
201509 0.073 100.421 0.090
201512 0.058 99.947 0.072
201603 0.047 101.054 0.058
201606 0.031 102.002 0.038
201609 0.016 101.765 0.020
201612 0.061 101.449 0.075
201703 0.046 102.634 0.056
201706 0.030 103.029 0.036
201709 0.018 103.345 0.022
201712 0.003 103.345 0.004
201803 0.021 105.004 0.025
201806 0.012 105.557 0.014
201809 0.003 105.636 0.004
201812 -0.007 105.399 -0.008
201903 -0.018 106.979 -0.021
201906 0.092 107.690 0.106
201909 0.089 107.611 0.103
201912 0.104 107.769 0.120
202003 0.154 107.927 0.177
202006 0.150 108.401 0.172
202009 0.206 108.164 0.237
202012 0.209 108.559 0.239
202103 0.224 110.298 0.252
202106 0.210 111.720 0.233
202109 0.203 112.905 0.223
202112 0.202 113.774 0.221
202203 0.186 117.646 0.196
202206 0.167 120.806 0.172
202209 0.150 120.648 0.154
202212 0.036 120.964 0.037
202303 0.025 122.702 0.025
202306 0.033 124.203 0.033

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.


Burcon NutraScience  (FRA:BNE) 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.


Burcon NutraScience Cyclically Adjusted PB Ratio Related Terms

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


Burcon NutraScience (FRA:BNE) Business Description

Traded in Other Exchanges
Address
1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With over 290 issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.

Burcon NutraScience (FRA:BNE) Headlines