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Chemistree Technology (Chemistree Technology) Cyclically Adjusted Book per Share : $-0.01 (As of Mar. 2024)


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What is Chemistree Technology Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Chemistree Technology's adjusted book value per share for the three months ended in Mar. 2024 was $-0.064. 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 $-0.01 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Chemistree Technology was -61.80% per year. The lowest was -61.80% per year. And the median was -61.80% per year.

As of today (2024-06-10), Chemistree Technology's current stock price is $0.0025. Chemistree Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-0.01. Chemistree Technology's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chemistree Technology was 3.04. The lowest was 0.05. And the median was 0.40.


Chemistree Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chemistree Technology's Cyclically Adjusted Book per Share 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.

Chemistree Technology Cyclically Adjusted Book per Share Chart

Chemistree Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.08 0.06 -0.01 -0.06

Chemistree Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 -0.06 -0.06 -0.04 -0.02 -0.01

Competitive Comparison of Chemistree Technology's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Chemistree Technology'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.


Chemistree Technology's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Chemistree Technology Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Chemistree Technology's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.064/126.2576*126.2576
=-0.064

Current CPI (Mar. 2024) = 126.2576.

Chemistree Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.005 99.473 0.006
201409 -0.006 99.394 -0.008
201412 -0.045 98.367 -0.058
201503 -0.077 99.789 -0.097
201506 0.041 100.500 0.052
201509 0.024 100.421 0.030
201512 0.031 99.947 0.039
201603 0.009 101.054 0.011
201606 -0.002 102.002 -0.002
201609 -0.025 101.765 -0.031
201612 -0.046 101.449 -0.057
201703 0.005 102.634 0.006
201706 0.001 103.029 0.001
201709 -0.001 103.345 -0.001
201712 0.046 103.345 0.056
201803 0.040 105.004 0.048
201806 0.087 105.557 0.104
201809 0.105 105.636 0.125
201812 0.084 105.399 0.101
201903 0.115 106.979 0.136
201906 0.082 107.690 0.096
201909 0.063 107.611 0.074
201912 0.040 107.769 0.047
202003 0.003 107.927 0.004
202006 -0.024 108.401 -0.028
202009 -0.039 108.164 -0.046
202012 -0.057 108.559 -0.066
202103 -0.068 110.298 -0.078
202106 -0.113 111.720 -0.128
202109 -0.080 112.905 -0.089
202112 -0.091 113.774 -0.101
202203 -0.094 117.646 -0.101
202206 -0.094 120.806 -0.098
202209 -0.096 120.648 -0.100
202212 -0.080 120.964 -0.084
202303 -0.084 122.702 -0.086
202306 -0.079 124.203 -0.080
202309 -0.072 125.230 -0.073
202312 -0.067 125.072 -0.068
202403 -0.064 126.258 -0.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Chemistree Technology  (OTCPK:CHMJF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chemistree Technology was 3.04. The lowest was 0.05. And the median was 0.40.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Chemistree Technology Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Chemistree Technology's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Chemistree Technology (Chemistree Technology) Business Description

Traded in Other Exchanges
Address
828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7N 4M2
Chemistree Technology Inc through its wholly-owned subsidiaries focused on making investments or acquisitions in areas relating to the United States cannabis sector, focusing on providing turn-key solutions for the United States-regulated cannabis industry. It generates revenue from the United States.

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