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Greenkraft (Greenkraft) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Greenkraft Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenkraft Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greenkraft'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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Greenkraft Cyclically Adjusted PB Ratio Chart

Greenkraft Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Greenkraft Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Greenkraft's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Greenkraft'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.


Greenkraft's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Greenkraft's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Greenkraft 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.

Greenkraft's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Greenkraft's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.024/108.3294*108.3294
=-0.024

Current CPI (Sep. 2019) = 108.3294.

Greenkraft Quarterly Data

Book Value per Share CPI Adj_Book
200910 0.002 91.207 0.002
201001 0.001 91.423 0.001
201004 0.001 91.980 0.001
201007 0.000 91.981 0.000
201010 0.000 92.277 0.000
201101 0.000 92.914 0.000
201104 0.000 94.890 0.000
201107 -0.001 95.319 -0.001
201110 -0.001 95.529 -0.001
201201 -0.002 95.632 -0.002
201204 -0.002 97.075 -0.002
201207 -0.003 96.661 -0.003
201210 -0.003 97.595 -0.003
201301 -0.003 97.158 -0.003
201304 -0.003 98.107 -0.003
201307 -0.004 98.557 -0.004
201310 -0.004 98.536 -0.004
201403 -0.012 99.695 -0.013
201406 -0.005 100.560 -0.005
201409 -0.010 100.428 -0.011
201412 -0.012 99.070 -0.013
201503 -0.010 99.621 -0.011
201506 -0.013 100.684 -0.014
201509 -0.017 100.392 -0.018
201512 -0.019 99.792 -0.021
201603 -0.022 100.470 -0.024
201606 -0.024 101.688 -0.026
201609 -0.026 101.861 -0.028
201612 -0.025 101.863 -0.027
201703 -0.025 102.862 -0.026
201706 -0.025 103.349 -0.026
201709 -0.024 104.136 -0.025
201712 -0.025 104.011 -0.026
201803 -0.026 105.290 -0.027
201806 -0.027 106.317 -0.028
201809 -0.028 106.507 -0.028
201812 -0.025 105.998 -0.026
201903 -0.022 107.251 -0.022
201906 -0.024 108.070 -0.024
201909 -0.024 108.329 -0.024

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.


Greenkraft  (OTCPK:GKIT) 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.


Greenkraft Cyclically Adjusted PB Ratio Related Terms

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Greenkraft (Greenkraft) Business Description

Traded in Other Exchanges
N/A
Address
2530 South Birch Street, Santa Ana, CA, USA, 92707
Greenkraft Inc is a manufacturer and distributor of automotive products. It manufactures commercial forward cabin trucks for vehicles in alternative fuels and electric vehicles. The company also manufactures and sells alternative fuel engines. Its products include Commercial trucks, Alternative fuel systems and Engines.

Greenkraft (Greenkraft) Headlines