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Harrys Manufacturing (Harrys Manufacturing) Cyclically Adjusted PB Ratio : 1.85 (As of May. 23, 2024)


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What is Harrys Manufacturing Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Harrys Manufacturing's current share price is $0.0185. Harrys Manufacturing's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.01. Harrys Manufacturing's Cyclically Adjusted PB Ratio for today is 1.85.

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

WSRRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 49.83
Current: 1.4

During the past years, Harrys Manufacturing's highest Cyclically Adjusted PB Ratio was 49.83. The lowest was 0.00. And the median was 0.00.

WSRRF's Cyclically Adjusted PB Ratio is ranked better than
56.67% of 30 companies
in the Tobacco Products industry
Industry Median: 2.235 vs WSRRF: 1.40

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.

Harrys Manufacturing's adjusted book value per share data for the three months ended in Jan. 2024 was $-0.002. 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 $0.01 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harrys Manufacturing Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Harrys Manufacturing'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.

Harrys Manufacturing Cyclically Adjusted PB Ratio Chart

Harrys Manufacturing Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 5.59 7.18 - 7.65

Harrys Manufacturing Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 94.68 7.65 4.12 3.15

Competitive Comparison of Harrys Manufacturing's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, Harrys Manufacturing'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.


Harrys Manufacturing's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Harrys Manufacturing's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Harrys Manufacturing 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.

Harrys Manufacturing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0185/0.01
=1.85

* 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.

Harrys Manufacturing's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Harrys Manufacturing's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.002/125.0724*125.0724
=-0.002

Current CPI (Jan. 2024) = 125.0724.

Harrys Manufacturing Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.133 98.920 -0.168
201407 -0.032 99.315 -0.040
201410 0.000 99.473 0.000
201501 -0.024 98.209 -0.031
201504 -0.025 99.710 -0.031
201507 -0.017 100.579 -0.021
201510 -0.017 100.500 -0.021
201601 -0.016 100.184 -0.020
201604 -0.018 101.370 -0.022
201607 -0.019 101.844 -0.023
201610 -0.019 102.002 -0.023
201701 0.002 102.318 0.002
201704 0.005 103.029 0.006
201707 0.005 103.029 0.006
201710 0.004 103.424 0.005
201801 0.068 104.056 0.082
201804 0.065 105.320 0.077
201807 0.063 106.110 0.074
201810 0.137 105.952 0.162
201901 0.131 105.557 0.155
201904 0.127 107.453 0.148
201907 0.011 108.243 0.013
201910 0.010 107.927 0.012
202001 0.007 108.085 0.008
202004 0.009 107.216 0.010
202007 0.003 108.401 0.003
202010 0.006 108.638 0.007
202101 0.004 109.192 0.005
202104 0.005 110.851 0.006
202107 0.003 112.431 0.003
202110 0.003 113.695 0.003
202201 0.002 114.801 0.002
202204 0.001 118.357 0.001
202207 -0.001 120.964 -0.001
202210 0.000 121.517 0.000
202301 -0.001 121.596 -0.001
202304 -0.001 123.571 -0.001
202307 -0.002 124.914 -0.002
202310 -0.001 125.310 -0.001
202401 -0.002 125.072 -0.002

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.


Harrys Manufacturing  (OTCPK:WSRRF) 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.


Harrys Manufacturing Cyclically Adjusted PB Ratio Related Terms

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


Harrys Manufacturing (Harrys Manufacturing) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Harrys Manufacturing Inc is engaged in the sale and distribution of tobacco products. It is a wholesale distributor of high quality 100% natural tobacco cigarettes. It utilizes various types of tobacco blends to satisfy customer demands and preferences for products that meet Health Canada standards.

Harrys Manufacturing (Harrys Manufacturing) Headlines

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