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OrganiGram Holdings (TSX:OGI) Cyclically Adjusted Book per Share : C$4.69 (As of Mar. 2024)


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What is OrganiGram Holdings 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.

OrganiGram Holdings's adjusted book value per share for the three months ended in Mar. 2024 was C$2.877. 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$4.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OrganiGram Holdings's average Cyclically Adjusted Book Growth Rate was 13.60% 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.

As of today (2024-05-31), OrganiGram Holdings's current stock price is C$2.35. OrganiGram Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$4.69. OrganiGram Holdings's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of OrganiGram Holdings was 7.82. The lowest was 0.30. And the median was 1.31.


OrganiGram Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for OrganiGram Holdings'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.

OrganiGram Holdings Cyclically Adjusted Book per Share Chart

OrganiGram Holdings Annual Data
Trend Apr12 Apr13 Apr14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.08

OrganiGram Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 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 4.13 4.31 4.46 4.58 4.69

Competitive Comparison of OrganiGram Holdings's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, OrganiGram Holdings'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.


OrganiGram Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



OrganiGram Holdings 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, OrganiGram Holdings'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)
=2.877/126.2576*126.2576
=2.877

Current CPI (Mar. 2024) = 126.2576.

OrganiGram Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.024 97.261 0.031
201404 0.012 98.920 0.015
201407 -0.078 99.315 -0.099
201411 0.534 99.078 0.680
201502 0.573 99.078 0.730
201505 0.587 100.263 0.739
201508 0.592 100.579 0.743
201511 0.772 100.421 0.971
201602 0.796 100.421 1.001
201605 0.827 101.765 1.026
201608 2.091 101.686 2.596
201611 2.244 101.607 2.788
201702 3.273 102.476 4.033
201705 3.204 103.108 3.923
201708 3.206 103.108 3.926
201711 3.256 103.740 3.963
201802 5.164 104.688 6.228
201805 5.289 105.399 6.336
201808 5.897 106.031 7.022
201811 7.193 105.478 8.610
201902 7.935 106.268 9.428
201905 8.744 107.927 10.229
201908 8.374 108.085 9.782
201911 8.418 107.769 9.862
202002 8.738 108.559 10.163
202005 6.841 107.532 8.032
202008 6.160 108.243 7.185
202011 5.492 108.796 6.373
202102 -4.185 109.745 -4.815
202105 6.739 111.404 7.638
202108 6.423 112.668 7.198
202111 6.439 113.932 7.136
202202 6.546 115.986 7.126
202205 6.520 120.016 6.859
202208 6.476 120.569 6.782
202211 6.567 121.675 6.814
202302 6.487 122.070 6.710
202305 3.751 124.045 3.818
202312 3.177 125.072 3.207
202403 2.877 126.258 2.877

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


OrganiGram Holdings  (TSX:OGI) 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.

OrganiGram Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.35/4.69
=0.50

* 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 10 years, the highest Cyclically Adjusted PB Ratio of OrganiGram Holdings was 7.82. The lowest was 0.30. And the median was 1.31.


Be Aware

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


OrganiGram Holdings Cyclically Adjusted Book per Share Related Terms

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


OrganiGram Holdings (TSX:OGI) Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8
OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.
Executives
Donald Geoffrey Machum Director