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Cannabusiness Group (Cannabusiness Group) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Cannabusiness Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cannabusiness Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cannabusiness 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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Cannabusiness Group Cyclically Adjusted PB Ratio Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cyclically Adjusted PB Ratio
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Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
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Competitive Comparison of Cannabusiness Group's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Cannabusiness 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.


Cannabusiness Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cannabusiness 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.

Cannabusiness Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec07 is calculated as:

For example, Cannabusiness Group's adjusted Book Value per Share data for the fiscal year that ended in Dec07 was:

Adj_Book=Book Value per Share/CPI of Dec07 (Change)*Current CPI (Dec07)
=278.75/88.6164*88.6164
=278.750

Current CPI (Dec07) = 88.6164.

Cannabusiness Group Annual Data

Book Value per Share CPI Adj_Book
199812 0.000 69.151 0.000
199912 0.000 71.008 0.000
200012 0.000 73.413 0.000
200112 0.000 74.552 0.000
200212 0.000 76.324 0.000
200312 41,000.000 77.758 46,725.324
200412 22,966.667 80.290 25,348.530
200512 -590.909 83.032 -630.651
200612 -354.054 85.142 -368.504
200712 278.750 88.616 278.750

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.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Cyclically Adjusted PB Ratio Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

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