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Jolt Health (XCNQ:JOLT) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Jolt Health Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jolt Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jolt Health'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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Jolt Health Cyclically Adjusted PB Ratio Chart

Jolt Health Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Jolt Health 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 Jolt Health's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Jolt Health'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.


Jolt Health's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jolt Health's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jolt Health 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.

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

For example, Jolt Health'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)
=0.001/126.2576*126.2576
=0.001

Current CPI (Mar. 2024) = 126.2576.

Jolt Health Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.043 99.473 -0.055
201409 -0.103 99.394 -0.131
201412 -0.119 98.367 -0.153
201503 -0.104 99.789 -0.132
201506 -0.139 100.500 -0.175
201509 -0.182 100.421 -0.229
201512 -0.218 99.947 -0.275
201603 -0.191 101.054 -0.239
201606 -0.176 102.002 -0.218
201609 -0.164 101.765 -0.203
201612 -0.229 101.449 -0.285
201703 -0.219 102.634 -0.269
201706 0.041 103.029 0.050
201709 -0.047 103.345 -0.057
201712 0.281 103.345 0.343
201803 0.000 105.004 0.000
201806 -0.008 105.557 -0.010
201809 -0.059 105.636 -0.071
201812 -0.064 105.399 -0.077
201903 -0.083 106.979 -0.098
201906 0.054 107.690 0.063
201909 0.047 107.611 0.055
201912 0.066 107.769 0.077
202003 0.079 107.927 0.092
202006 0.076 108.401 0.089
202009 0.053 108.164 0.062
202012 0.052 108.559 0.060
202103 0.055 110.298 0.063
202106 0.065 111.720 0.073
202109 0.110 112.905 0.123
202112 0.038 113.774 0.042
202203 0.037 117.646 0.040
202206 0.051 120.806 0.053
202209 0.049 120.648 0.051
202212 0.004 120.964 0.004
202303 0.002 122.702 0.002
202306 0.004 124.203 0.004
202309 0.004 125.230 0.004
202312 -0.002 125.072 -0.002
202403 0.001 126.258 0.001

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.


Jolt Health  (XCNQ:JOLT) 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.


Jolt Health Cyclically Adjusted PB Ratio Related Terms

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Jolt Health (XCNQ:JOLT) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1780, Marine Building, Vancouver, BC, CAN, V6C 2G8
Jolt Health Inc, formerly Love Pharma Inc is a licensee of certain technologies relating to certain controlled substances and pharmaceutical-grade therapeutics. The company is investigating business opportunities in other industries however has not reached a definitive decision to pursue alternative lines of business.

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