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As of today (2024-06-08), Reed's's current share price is $1.60. Reed's's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.68. Reed's's Cyclically Adjusted PB Ratio for today is 2.35.
The historical rank and industry rank for Reed's's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Reed's's highest Cyclically Adjusted PB Ratio was 24.74. The lowest was 0.86. And the median was 8.57.
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.
Reed's's adjusted book value per share data for the three months ended in Mar. 2024 was $-4.972. 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 $0.68 for the trailing ten years ended in Mar. 2024.
The historical data trend for Reed's'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.
Reed's 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 | 1.30 | 1.30 | 1.92 | 1.36 | 2.39 |
For the Beverages - Non-Alcoholic subindustry, Reed's'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.
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Reed's's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Reed's's Cyclically Adjusted PB Ratio falls into.
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.
Reed's's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 1.60 | / | 0.68 | |
= | 2.35 |
* 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.
Reed's's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Reed's'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) |
= | -4.972 | / | 131.7762 | * | 131.7762 | |
= | -4.972 |
Current CPI (Mar. 2024) = 131.7762.
Reed's Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201406 | 14.570 | 100.560 | 19.093 |
201409 | 15.087 | 100.428 | 19.796 |
201412 | 13.076 | 99.070 | 17.393 |
201503 | 12.959 | 99.621 | 17.142 |
201506 | 11.668 | 100.684 | 15.271 |
201509 | 3.375 | 100.392 | 4.430 |
201512 | 2.522 | 99.792 | 3.330 |
201603 | -2.459 | 100.470 | -3.225 |
201606 | 3.412 | 101.688 | 4.422 |
201609 | 3.032 | 101.861 | 3.922 |
201612 | -6.014 | 101.863 | -7.780 |
201703 | -12.379 | 102.862 | -15.859 |
201706 | -11.217 | 103.349 | -14.302 |
201709 | -11.741 | 104.136 | -14.857 |
201712 | 0.841 | 104.011 | 1.065 |
201803 | -1.851 | 105.290 | -2.317 |
201806 | -5.539 | 106.317 | -6.865 |
201809 | -9.584 | 106.507 | -11.858 |
201812 | -13.286 | 105.998 | -16.517 |
201903 | 8.083 | 107.251 | 9.931 |
201906 | 2.809 | 108.070 | 3.425 |
201909 | -3.413 | 108.329 | -4.152 |
201912 | 1.106 | 108.420 | 1.344 |
202003 | -0.785 | 108.902 | -0.950 |
202006 | 2.202 | 108.767 | 2.668 |
202009 | 0.368 | 109.815 | 0.442 |
202012 | 5.972 | 109.897 | 7.161 |
202103 | 3.845 | 111.754 | 4.534 |
202106 | 6.128 | 114.631 | 7.045 |
202109 | 4.315 | 115.734 | 4.913 |
202112 | 2.192 | 117.630 | 2.456 |
202203 | 2.009 | 121.301 | 2.182 |
202206 | -0.228 | 125.017 | -0.240 |
202209 | -1.565 | 125.227 | -1.647 |
202212 | -3.399 | 125.222 | -3.577 |
202303 | -4.771 | 127.348 | -4.937 |
202306 | -2.772 | 128.729 | -2.838 |
202309 | -3.083 | 129.860 | -3.129 |
202312 | -4.603 | 129.419 | -4.687 |
202403 | -4.972 | 131.776 | -4.972 |
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.
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.
Thank you for viewing the detailed overview of Reed's's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
John Bello | director | 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851 |
Shufen Deng | 10 percent owner | ROOMS 3006-07, CHINA RESOURCES BUILDING, 26 HARBOUR ROAD, WANCHAI, HONG KONG K3 000000 |
D&d Source Of Life Holding Ltd. | 10 percent owner | ROOMS 3006-07, CHINA RESOURCES BUILDING, 26 HARBOUR ROAD, WANCHAI, HONG KONG K3 000000 |
Union Square Park Capital Management, Llc | director, 10 percent owner, other: See Remarks | 1120 AVENUE OF THE AMERICAS, SUITE 1512, NEW YORK NY 10036 |
Christopher Scott Burleson | officer: CCO | 6527 LEDERER AVE, WEST HILLS CA 91307 |
Thomas Wayne Kosler | director | 39919 N. 102ND ST, SCOTTSDALE AZ 85262 |
Leon Michael Zaltzman | director, 10 percent owner, other: See Remarks | 1120 AVENUE OF THE AMERICAS, FLOOR 15, NEW YORK NY 10036 |
Union Square Park Gp, Llc | director, 10 percent owner, other: See Remarks | 1120 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036 |
Union Square Park Partners, Lp | director, 10 percent owner, other: See Remarks | 1251 AVENUE OF THE AMERICAS, 34TH FLOOR, NEW YORK NY 10020 |
Rhonda Kallman | director | 42 BROOK STREET, SCITUATE MA 02066 |
Thomas J. Spisak | officer: CFO | 201 MERRITT 7, NORWALK CT 06851 |
Snyder Norman E. Jr. | officer: COO | 88 GREY ROCKS ROAD, WILTON CT 06897 |
Richard H. Hubli | officer: COO | 36 ROCKHOUSE ROAD, WILTON CT 06897 |
Joann Christine Tinnelly | officer: INTERIM CFO 11/22/19 -12/1/19 | 19 NORTON LANE, OLD GREENWICH CT 06870 |
Lewis Jaffe | director | 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851 |
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