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Spirits Time International (Spirits Time International) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Spirits Time International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spirits Time International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Spirits Time International'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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Spirits Time International Cyclically Adjusted PB Ratio Chart

Spirits Time International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Spirits Time International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Spirits Time International's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Spirits Time International'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.


Spirits Time International's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Spirits Time International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Spirits Time International 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.

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

For example, Spirits Time International'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)
=-0.198/131.7762*131.7762
=-0.198

Current CPI (Mar. 2024) = 131.7762.

Spirits Time International Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.575 100.560 -0.753
201409 -0.652 100.428 -0.856
201412 -0.746 99.070 -0.992
201503 -0.779 99.621 -1.030
201506 -0.917 100.684 -1.200
201509 -0.989 100.392 -1.298
201512 -1.050 99.792 -1.387
201603 -1.155 100.470 -1.515
201606 -1.265 101.688 -1.639
201609 -1.326 101.861 -1.715
201612 -1.398 101.863 -1.809
201703 -1.459 102.862 -1.869
201706 -1.569 103.349 -2.001
201709 0.000 104.136 0.000
201712 -0.074 104.011 -0.094
201803 -0.078 105.290 -0.098
201806 -0.085 106.317 -0.105
201809 -0.038 106.507 -0.047
201812 -0.046 105.998 -0.057
201903 -0.044 107.251 -0.054
201906 -0.043 108.070 -0.052
201909 -0.039 108.329 -0.047
201912 -0.051 108.420 -0.062
202003 -0.057 108.902 -0.069
202006 -0.063 108.767 -0.076
202009 -0.068 109.815 -0.082
202012 -0.073 109.897 -0.088
202103 -0.078 111.754 -0.092
202106 -0.086 114.631 -0.099
202109 -0.091 115.734 -0.104
202112 -0.098 117.630 -0.110
202203 -0.104 121.301 -0.113
202206 -0.110 125.017 -0.116
202209 -0.116 125.227 -0.122
202212 -0.134 125.222 -0.141
202303 -0.141 127.348 -0.146
202306 -0.148 128.729 -0.152
202309 -0.154 129.860 -0.156
202312 -0.191 129.419 -0.194
202403 -0.198 131.776 -0.198

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.


Spirits Time International  (OTCPK:SRSG) 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.


Spirits Time International Cyclically Adjusted PB Ratio Related Terms

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Spirits Time International (Spirits Time International) Business Description

Traded in Other Exchanges
N/A
Address
1661 Lakeview Circle, Ogden, UT, USA, 84403
Spirits Time International Inc is engaged in the business of marketing Tequila Products under the brand name of Tequila Alebrijes. The company distributes its products domestically furthermore internationally.

Spirits Time International (Spirits Time International) Headlines

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