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Clean Seed Capital Group (TSXV:CSX.H) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 06, 2024)


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What is Clean Seed Capital Group Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Clean Seed Capital Group's current share price is C$0.09. Clean Seed Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was C$0.15. Clean Seed Capital Group's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for Clean Seed Capital Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:CSX.H's Cyclically Adjusted PB Ratio is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.69
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Clean Seed Capital Group's adjusted book value per share data for the three months ended in Mar. 2023 was C$0.075. 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$0.15 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Seed Capital Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clean Seed Capital 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.

* Premium members only.

Clean Seed Capital Group Cyclically Adjusted PB Ratio Chart

Clean Seed Capital Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.74 3.37 1.46

Clean Seed Capital Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.04 1.46 0.94 1.13 1.10

Competitive Comparison of Clean Seed Capital Group's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Clean Seed Capital 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.


Clean Seed Capital Group's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Clean Seed Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clean Seed Capital 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.

Clean Seed Capital Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09/0.15
=0.60

* 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.

Clean Seed Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Clean Seed Capital Group's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.075/122.7021*122.7021
=0.075

Current CPI (Mar. 2023) = 122.7021.

Clean Seed Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.154 97.182 0.194
201309 0.164 97.419 0.207
201312 0.160 96.945 0.203
201403 0.151 98.604 0.188
201406 0.160 99.473 0.197
201409 0.169 99.394 0.209
201412 0.171 98.367 0.213
201503 0.163 99.789 0.200
201506 0.157 100.500 0.192
201509 0.180 100.421 0.220
201512 0.188 99.947 0.231
201603 0.185 101.054 0.225
201606 0.182 102.002 0.219
201609 0.167 101.765 0.201
201612 0.154 101.449 0.186
201703 0.136 102.634 0.163
201706 0.158 103.029 0.188
201709 0.120 103.345 0.142
201712 0.122 103.345 0.145
201803 0.094 105.004 0.110
201806 0.121 105.557 0.141
201809 0.106 105.636 0.123
201812 0.090 105.399 0.105
201903 0.076 106.979 0.087
201906 0.060 107.690 0.068
201909 0.067 107.611 0.076
201912 0.065 107.769 0.074
202003 0.061 107.927 0.069
202006 0.139 108.401 0.157
202009 0.131 108.164 0.149
202012 0.122 108.559 0.138
202103 0.116 110.298 0.129
202106 0.116 111.720 0.127
202109 0.109 112.905 0.118
202112 0.107 113.774 0.115
202203 0.109 117.646 0.114
202206 0.104 120.806 0.106
202209 0.095 120.648 0.097
202212 0.084 120.964 0.085
202303 0.075 122.702 0.075

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.


Clean Seed Capital Group  (TSXV:CSX.H) 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.


Clean Seed Capital Group Cyclically Adjusted PB Ratio Related Terms

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Clean Seed Capital Group (TSXV:CSX.H) Business Description

Traded in Other Exchanges
Address
7541 Conway Avenue, Unit 14, Burnaby, BC, CAN, V5E 2P7
Clean Seed Capital Group Ltd is engaged in the innovation, production and distribution of patented agricultural technologies. The company's SMART Seeder and SeedSync technologies are revolutionary seeding and planting tools that utilize a unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row variable rate technology at the forefront of agricultural innovation. These innovations create a new class of highly accurate seeding equipment designed specifically for the modern farmer.

Clean Seed Capital Group (TSXV:CSX.H) Headlines

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