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Green Thumb Industries (FRA:R9U2) Cyclically Adjusted Book per Share : €7.54 (As of Mar. 2024)


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What is Green Thumb Industries Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Green Thumb Industries's adjusted book value per share for the three months ended in Mar. 2024 was €6.807. 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 €7.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Green Thumb Industries's average Cyclically Adjusted Book Growth Rate was -50.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -48.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -50.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Green Thumb Industries was -5.70% per year. The lowest was -56.20% per year. And the median was -48.30% per year.

As of today (2024-06-09), Green Thumb Industries's current stock price is €11.17. Green Thumb Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.54. Green Thumb Industries's Cyclically Adjusted PB Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green Thumb Industries was 1.75. The lowest was 0.03. And the median was 0.43.


Green Thumb Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Green Thumb Industries's Cyclically Adjusted Book per Share 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.

Green Thumb Industries Cyclically Adjusted Book per Share Chart

Green Thumb Industries Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.22 61.98 26.62 16.75 9.16

Green Thumb Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 15.50 12.95 11.36 9.16 7.54

Competitive Comparison of Green Thumb Industries's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Green Thumb Industries'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.


Green Thumb Industries's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Green Thumb Industries's Cyclically Adjusted PB Ratio falls into.



Green Thumb Industries Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Green Thumb Industries'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)
=6.807/131.7762*131.7762
=6.807

Current CPI (Mar. 2024) = 131.7762.

Green Thumb Industries Quarterly Data

Book Value per Share CPI Adj_Book
201405 58.059 100.373 76.224
201408 58.105 100.352 76.300
201411 12.958 99.635 17.138
201502 9.337 99.032 12.424
201505 8.235 100.333 10.816
201508 7.854 100.548 10.293
201511 6.418 100.135 8.446
201602 -2.000 100.040 -2.634
201605 -2.433 101.355 -3.163
201608 -2.407 101.617 -3.121
201611 -3.245 101.829 -4.199
201702 -3.903 102.779 -5.004
201705 -4.239 103.256 -5.410
201708 -4.239 103.587 -5.393
201711 -4.658 104.072 -5.898
201802 0.215 105.052 0.270
201805 -0.694 106.148 -0.862
201809 1.362 106.507 1.685
201812 1.932 105.998 2.402
201903 2.699 107.251 3.316
201906 3.627 108.070 4.423
201909 3.646 108.329 4.435
201912 3.663 108.420 4.452
202003 3.705 108.902 4.483
202006 3.590 108.767 4.349
202009 3.496 109.815 4.195
202012 3.509 109.897 4.208
202103 4.215 111.754 4.970
202106 4.583 114.631 5.268
202109 5.391 115.734 6.138
202112 6.128 117.630 6.865
202203 6.388 121.301 6.940
202206 6.777 125.017 7.143
202209 7.310 125.227 7.692
202212 6.659 125.222 7.008
202303 6.630 127.348 6.861
202306 6.613 128.729 6.770
202309 6.688 129.860 6.787
202312 6.634 129.419 6.755
202403 6.807 131.776 6.807

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Green Thumb Industries  (FRA:R9U2) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Green Thumb Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.17/7.54
=1.48

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green Thumb Industries was 1.75. The lowest was 0.03. And the median was 0.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Green Thumb Industries Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Green Thumb Industries's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Thumb Industries (FRA:R9U2) Business Description

Traded in Other Exchanges
Address
325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 15 states and operates roughly 87 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to U.S. federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM.

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