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Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Cyclically Adjusted PB Ratio : 0.86 (As of Apr. 30, 2024)


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What is Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Jewett-Cameron Trading Co's current share price is $5.09. Jewett-Cameron Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $5.92. Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

JCTCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.23   Max: 3.56
Current: 0.86

During the past years, Jewett-Cameron Trading Co's highest Cyclically Adjusted PB Ratio was 3.56. The lowest was 0.71. And the median was 2.23.

JCTCF's Cyclically Adjusted PB Ratio is ranked worse than
53.02% of 215 companies
in the Forest Products industry
Industry Median: 0.84 vs JCTCF: 0.86

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.

Jewett-Cameron Trading Co's adjusted book value per share data for the three months ended in Feb. 2024 was $7.101. 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 $5.92 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jewett-Cameron Trading Co'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.

Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Chart

Jewett-Cameron Trading Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.89 2.32 1.20 0.78

Jewett-Cameron Trading Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.99 0.82 0.78 0.83 0.89

Competitive Comparison of Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Jewett-Cameron Trading Co'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.


Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio falls into.



Jewett-Cameron Trading Co 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.

Jewett-Cameron Trading Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.09/5.92
=0.86

* 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.

Jewett-Cameron Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Jewett-Cameron Trading Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=7.101/129.4194*129.4194
=7.101

Current CPI (Feb. 2024) = 129.4194.

Jewett-Cameron Trading Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 3.328 100.373 4.291
201408 3.364 100.352 4.338
201411 3.333 99.635 4.329
201502 3.388 99.032 4.428
201505 3.380 100.333 4.360
201508 3.538 100.548 4.554
201511 3.645 100.135 4.711
201602 3.672 100.040 4.750
201605 3.802 101.355 4.855
201608 3.833 101.617 4.882
201611 3.939 101.829 5.006
201702 4.006 102.779 5.044
201705 4.270 103.256 5.352
201708 4.414 103.587 5.515
201711 4.486 104.072 5.579
201802 4.599 105.052 5.666
201805 4.910 106.148 5.986
201808 4.954 106.383 6.027
201811 4.937 106.338 6.009
201902 4.960 106.649 6.019
201905 5.050 108.048 6.049
201908 5.145 108.245 6.151
201911 5.143 108.519 6.134
202002 4.706 109.139 5.580
202005 5.107 108.175 6.110
202008 5.558 109.662 6.559
202011 5.698 109.793 6.717
202102 5.690 110.968 6.636
202105 6.382 113.576 7.272
202108 6.556 115.421 7.351
202111 6.448 117.269 7.116
202202 6.525 119.703 7.055
202205 6.953 123.323 7.297
202208 6.893 124.958 7.139
202211 6.872 125.607 7.081
202302 6.594 126.928 6.723
202305 6.804 128.314 6.863
202308 6.887 129.538 6.881
202311 7.256 129.548 7.249
202402 7.101 129.419 7.101

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.


Jewett-Cameron Trading Co  (NAS:JCTCF) 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.


Jewett-Cameron Trading Co Cyclically Adjusted PB Ratio Related Terms

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


Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Business Description

Traded in Other Exchanges
N/A
Address
32275 North West Hillcrest, P.O. Box 1010, North Plains, OR, USA, 97133
Jewett-Cameron Trading Co Ltd through its subsidiaries engages in the wholesale distribution of a variety of specialty wood products. Its operating segments include, The Industrial wood products segment is engaged in the processing and distribution of industrial wood products. The Pet Fencing and Other segment, which is the key revenue driver, operates as a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Seed processing and sales segment processes and distributes agricultural seed and Corporate and administrative. The company predominantly operates in United States and also has its presence in Canada, Latin America, Europe and Asia and other regions.
Executives
Chad Michael Summers director, officer: Chief Executive Officer 2615 COEUR D'ALENE DR, WEST LINN OR 97065
Van Domelen Mitchell David officer: CFO and Corporate Secretary 17492 NW COUNTRY DRIVE, PORTLAND OR 97223
Michael Charles Nasser 10 percent owner, officer: Corporate Secretary 3150 S.W. 72ND, PORTLAND OR 97225
Oregon Community Foundation 10 percent owner 1221 SW YAMHILL #100, PORTLAND OR 97205
Donald Boone Irrev Trust 10 percent owner C/O RIVERVIEW TRUST COMPANY, 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Donald M Boone director, 10 percent owner, officer: President/CEO/Treasurer PO BOX 1010, N PLAINS OR 97133
Chris Joseph Karlin director 1822 PROSPECT AVE, HOOD RIVER OR 97031
Sarah Kathleen Johnson director 810 NE 22ND AVE, PORTLAND OR 97232
Geoffrey Gaddy Guilfoy director 1260 NW NAITO PARKWAY #704, PORTLAND OR 97209
Charles E. Hopewell director, officer: President and CEO P.O. BOX 1010, NORTH PLAINS OR 97133
Frank Gerald Magdlen director 13620 SE MAPLE LANE, MILWAUKIE OR 97222
Ted A Sharp director 428 CRYSTAL SPRINGS LN, KEIZER OR 97303
Ralph Elton Lodewick director 5945 NW SEWELL RD, HILLSBORO OR 97124
Murray George Smith officer: Chief Financial Officer 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Thomas Robert Rice officer: Chief Financial Officer P.O. BOX 1010, NORTH PLAINS OR 97133

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