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OrganiGram Holdings (TSX:OGI) Cyclically Adjusted PB Ratio : 0.50 (As of May. 30, 2024)


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What is OrganiGram Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-30), OrganiGram Holdings's current share 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 for today is 0.50.

The historical rank and industry rank for OrganiGram Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSX:OGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.31   Max: 7.82
Current: 0.51

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

TSX:OGI's Cyclically Adjusted PB Ratio is ranked better than
86.28% of 707 companies
in the Drug Manufacturers industry
Industry Median: 1.86 vs TSX:OGI: 0.51

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


OrganiGram Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OrganiGram Holdings'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.

OrganiGram Holdings Cyclically Adjusted PB Ratio Chart

OrganiGram Holdings Annual Data
Trend Apr12 Apr13 Apr14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.39

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 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 1.34 1.01 0.46 0.38 0.62

Competitive Comparison of OrganiGram Holdings's Cyclically Adjusted PB Ratio

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 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.

OrganiGram Holdings's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


OrganiGram Holdings  (TSX:OGI) 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.


OrganiGram Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of OrganiGram Holdings's Cyclically Adjusted PB Ratio 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