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DeFi Technologies (NEOE:DEFI) Cyclically Adjusted PB Ratio : 8.00 (As of Jun. 07, 2024)


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What is DeFi Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-07), DeFi Technologies's current share price is C$1.76. DeFi Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.22. DeFi Technologies's Cyclically Adjusted PB Ratio for today is 8.00.

The historical rank and industry rank for DeFi Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

NEOE:DEFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.42   Max: 6.45
Current: 5.05

During the past years, DeFi Technologies's highest Cyclically Adjusted PB Ratio was 6.45. The lowest was 0.23. And the median was 1.42.

NEOE:DEFI's Cyclically Adjusted PB Ratio is ranked worse than
85.74% of 575 companies
in the Capital Markets industry
Industry Median: 1.18 vs NEOE:DEFI: 5.05

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.

DeFi Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.016. 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$0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DeFi Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DeFi Technologies'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.

DeFi Technologies Cyclically Adjusted PB Ratio Chart

DeFi Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.24 0.35 2.70

DeFi Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.30 0.36 2.70 3.10

Competitive Comparison of DeFi Technologies's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, DeFi Technologies'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.


DeFi Technologies's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DeFi Technologies 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.

DeFi Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.76/0.22
=8.00

* 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.

DeFi Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DeFi Technologies'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)
=0.016/126.2576*126.2576
=0.016

Current CPI (Mar. 2024) = 126.2576.

DeFi Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.945 99.473 1.199
201409 0.949 99.394 1.205
201412 0.981 98.367 1.259
201503 0.982 99.789 1.242
201506 0.865 100.500 1.087
201509 -0.055 100.421 -0.069
201512 -0.069 99.947 -0.087
201603 -0.086 101.054 -0.107
201606 -0.093 102.002 -0.115
201609 -0.034 101.765 -0.042
201612 -0.064 101.449 -0.080
201703 -0.137 102.634 -0.169
201706 -0.089 103.029 -0.109
201709 0.039 103.345 0.048
201712 0.140 103.345 0.171
201803 0.087 105.004 0.105
201806 0.020 105.557 0.024
201809 -0.018 105.636 -0.022
201812 -0.096 105.399 -0.115
201903 -0.108 106.979 -0.127
201906 -0.123 107.690 -0.144
201909 -0.126 107.611 -0.148
201912 -0.132 107.769 -0.155
202003 -0.140 107.927 -0.164
202006 -0.081 108.401 -0.094
202009 -0.033 108.164 -0.039
202012 0.019 108.559 0.022
202103 0.617 110.298 0.706
202106 0.634 111.720 0.717
202109 0.583 112.905 0.652
202112 0.414 113.774 0.459
202203 0.366 117.646 0.393
202206 0.285 120.806 0.298
202209 0.242 120.648 0.253
202212 0.108 120.964 0.113
202303 0.145 122.702 0.149
202306 0.153 124.203 0.156
202309 0.100 125.230 0.101
202312 0.051 125.072 0.051
202403 0.016 126.258 0.016

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.


DeFi Technologies  (NEOE:DEFI) 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.


DeFi Technologies Cyclically Adjusted PB Ratio Related Terms

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


DeFi Technologies (NEOE:DEFI) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.
Executives
Wouter Witvoet Senior Officer

DeFi Technologies (NEOE:DEFI) Headlines