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1933 Industries (1933 Industries) Cyclically Adjusted Book per Share : $0.04 (As of Jan. 2024)


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What is 1933 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.

1933 Industries's adjusted book value per share for the three months ended in Jan. 2024 was $-0.004. 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 $0.04 for the trailing ten years ended in Jan. 2024.

During the past 12 months, 1933 Industries's average Cyclically Adjusted Book Growth Rate was -50.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -40.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -34.10% 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 1933 Industries was -26.30% per year. The lowest was -40.60% per year. And the median was -29.90% per year.

As of today (2024-06-09), 1933 Industries's current stock price is $0.009. 1933 Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.04. 1933 Industries's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 1933 Industries was 0.96. The lowest was 0.09. And the median was 0.22.


1933 Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for 1933 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.

1933 Industries Cyclically Adjusted Book per Share Chart

1933 Industries Annual Data
Trend Dec14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.34 0.25 0.16 0.06

1933 Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.11 0.08 0.06 0.07 0.04

Competitive Comparison of 1933 Industries's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 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.


1933 Industries's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Cyclically Adjusted PB Ratio falls into.



1933 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, 1933 Industries'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)
=-0.004/125.0724*125.0724
=-0.004

Current CPI (Jan. 2024) = 125.0724.

1933 Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.054 98.604 0.068
201406 0.034 99.473 0.043
201409 0.030 99.394 0.038
201412 0.018 98.367 0.023
201503 0.011 99.789 0.014
201506 0.002 100.500 0.002
201509 -0.002 100.421 -0.002
201601 0.045 100.184 0.056
201604 -0.002 101.370 -0.002
201607 -0.006 101.844 -0.007
201610 -0.007 102.002 -0.009
201701 -0.012 102.318 -0.015
201704 0.026 103.029 0.032
201707 0.084 103.029 0.102
201710 0.089 103.424 0.108
201801 0.122 104.056 0.147
201804 0.137 105.320 0.163
201807 0.123 106.110 0.145
201810 0.133 105.952 0.157
201901 0.121 105.557 0.143
201904 0.126 107.453 0.147
201907 0.102 108.243 0.118
201910 0.095 107.927 0.110
202001 0.080 108.085 0.093
202004 0.069 107.216 0.080
202007 0.049 108.401 0.057
202010 0.046 108.638 0.053
202101 0.041 109.192 0.047
202104 0.051 110.851 0.058
202107 0.046 112.431 0.051
202110 0.044 113.695 0.048
202201 0.043 114.801 0.047
202204 0.021 118.357 0.022
202207 0.015 120.964 0.016
202210 0.013 121.517 0.013
202301 0.013 121.596 0.013
202304 0.008 123.571 0.008
202307 -0.006 124.914 -0.006
202310 -0.006 125.310 -0.006
202401 -0.004 125.072 -0.004

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


1933 Industries  (OTCPK:TGIFF) 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.

1933 Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.009/0.04
=0.23

* 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 1933 Industries was 0.96. The lowest was 0.09. And the median was 0.22.


Be Aware

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


1933 Industries Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of 1933 Industries's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


1933 Industries (1933 Industries) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.