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Good Natured Products (TSXV:GDNP) Cyclically Adjusted Book per Share : C$0.02 (As of Mar. 2024)


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What is Good Natured Products 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.

Good Natured Products's adjusted book value per share for the three months ended in Mar. 2024 was C$0.020. 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$0.02 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.

As of today (2024-06-08), Good Natured Products's current stock price is C$0.025. Good Natured Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.02. Good Natured Products's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Good Natured Products was 1.04. The lowest was 0.00. And the median was 0.00.


Good Natured Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Good Natured Products'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.

Good Natured Products Cyclically Adjusted Book per Share Chart

Good Natured Products Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Good Natured Products 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 - - - - 0.02

Competitive Comparison of Good Natured Products's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Good Natured Products'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.


Good Natured Products's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Good Natured Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Good Natured Products's Cyclically Adjusted PB Ratio falls into.



Good Natured Products 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, Good Natured Products'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)
=0.02/126.2576*126.2576
=0.020

Current CPI (Mar. 2024) = 126.2576.

Good Natured Products Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201409 0.082 99.394 0.104
201412 0.050 98.367 0.064
201505 0.015 100.263 0.019
201508 -0.006 100.579 -0.008
201511 -0.013 100.421 -0.016
201602 -0.009 100.421 -0.011
201605 0.001 101.765 0.001
201608 -0.005 101.686 -0.006
201611 -0.007 101.607 -0.009
201702 0.006 102.476 0.007
201705 0.000 103.108 0.000
201708 0.008 103.108 0.010
201711 0.001 103.740 0.001
201803 -0.004 105.004 -0.005
201806 -0.013 105.557 -0.016
201809 -0.021 105.636 -0.025
201812 -0.029 105.399 -0.035
201903 -0.036 106.979 -0.042
201906 -0.039 107.690 -0.046
201909 -0.042 107.611 -0.049
201912 -0.044 107.769 -0.052
202003 -0.054 107.927 -0.063
202006 -0.047 108.401 -0.055
202009 -0.028 108.164 -0.033
202012 0.010 108.559 0.012
202103 0.127 110.298 0.145
202106 0.113 111.720 0.128
202109 0.101 112.905 0.113
202112 0.096 113.774 0.107
202203 0.091 117.646 0.098
202206 0.112 120.806 0.117
202209 0.105 120.648 0.110
202212 0.078 120.964 0.081
202303 0.069 122.702 0.071
202306 0.063 124.203 0.064
202309 0.055 125.230 0.055
202312 0.031 125.072 0.031
202403 0.020 126.258 0.020

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


Good Natured Products  (TSXV:GDNP) 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.

Good Natured Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.025/0.02
=1.25

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Good Natured Products was 1.04. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Good Natured Products Cyclically Adjusted Book per Share Related Terms

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


Good Natured Products (TSXV:GDNP) Business Description

Traded in Other Exchanges
Address
814 - 470 Granville Street, Vancouver, BC, CAN, V6C 1V5
Good Natured Products Inc offers a broad assortment of plant-based products. All of the Company's operations are within the packaging and consumer goods manufacturing industry. The Company manufactures and/or sources over 400 products that are grouped into five business groups: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. The Company offers its products through wholesale, direct to business, and retail channels.
Executives
James Noel Harvey Senior Officer

Good Natured Products (TSXV:GDNP) Headlines

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