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MariMed (MariMed) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is MariMed Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MariMed Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MariMed'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.

MariMed Cyclically Adjusted PB Ratio Chart

MariMed Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.98 5.65 3.07

MariMed Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.64 5.34 5.19 3.07 -

Competitive Comparison of MariMed's Cyclically Adjusted PB Ratio

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


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

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

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



MariMed 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.

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

For example, MariMed'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)
=0.188/129.4194*129.4194
=0.188

Current CPI (Mar. 2024) = 129.4194.

MariMed Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.038 100.560 -0.049
201409 0.057 100.428 0.073
201412 -0.053 99.070 -0.069
201503 -0.048 99.621 -0.062
201506 -0.056 100.684 -0.072
201509 -0.042 100.392 -0.054
201512 -0.062 99.792 -0.080
201603 -0.054 100.470 -0.070
201606 -0.029 101.688 -0.037
201609 -0.029 101.861 -0.037
201612 -0.017 101.863 -0.022
201703 0.003 102.862 0.004
201706 0.029 103.349 0.036
201709 0.044 104.136 0.055
201712 0.061 104.011 0.076
201803 0.059 105.290 0.073
201806 0.112 106.317 0.136
201809 0.180 106.507 0.219
201812 0.294 105.998 0.359
201903 0.310 107.251 0.374
201906 0.380 108.070 0.455
201909 0.376 108.329 0.449
201912 0.030 108.420 0.036
202003 -0.034 108.902 -0.040
202006 -0.014 108.767 -0.017
202009 0.002 109.815 0.002
202012 0.028 109.897 0.033
202103 0.047 111.754 0.054
202106 0.078 114.631 0.088
202109 0.111 115.734 0.124
202112 0.113 117.630 0.124
202203 0.135 121.301 0.144
202206 0.144 125.017 0.149
202209 0.157 125.227 0.162
202212 0.172 125.222 0.178
202303 0.192 127.348 0.195
202306 0.222 128.729 0.223
202309 0.217 129.860 0.216
202312 0.191 129.419 0.191
202403 0.188 129.419 0.188

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.


MariMed  (OTCPK:MRMD) 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.


MariMed Cyclically Adjusted PB Ratio Related Terms

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


MariMed (MariMed) Business Description

Traded in Other Exchanges
Address
10 Oceana Way, Floor 2, Norwood, MA, USA, 02062
MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes regulatory-compliant facilities for the cultivation, production, and dispensing of medical and adult-use cannabis. MariMed also licenses its proprietary brands of cannabis products along with other top brands in domestic markets Sources of revenue are comprised of Product sales (retail and wholesale), Real estate rental income, Supply procurement, Management fees, and Licensing fees.
Executives
Jon R Levine 10 percent owner C/O MARIMED INC., 10 OCEANA WAY, NORWOOD MA 02062
Timothy Shaw officer: Chief Operating Officer C/O MARIMED INC, 10 OCEANA WAY, NORWOOD MA 02062
Kathleen Tucker director C/O 10 OCEANA WAY, 2ND FLOOR, NORWOOD MA 02062
Susan M. Villare officer: Chief Financial Officer C/O MARIMED INC., 10 OCEANA WAY, NORWOOD MA 02062
Selhub Eva M.d. director C/O MARIMED INC., 10 OCEANA WAY, NORWOOD MA 02062
David R Allen director C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Thomas Kidrin director 11 ROYAL ROAD, BROOKLINE MA 02445
Edward J Gildea director C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Jay Coleman director 310 EAST 46TH ST. APT 9 F, NEW YORK NY 10017
Robert N Fireman director 145 ROSEMARY ST. SUITE H-2, NEEDHAM MA 02494
Worlds.com, Inc. director, 10 percent owner, officer: PRESIDENT, CEO, other: TREASURER, SECRETARY 11 ROYAL ROAD, BROOKLINE MA 02445
Christopher John Ryan officer: CFO, VICE PRESIDENT 11 ROYAL RD, BROOKLINE MA 02445