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CO2 Gro (TSXV:GROW) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is CO2 Gro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CO2 Gro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CO2 Gro'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.

CO2 Gro Cyclically Adjusted PB Ratio Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.42 3.85 22.04

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 7.65 12.02 22.04 47.03 -

Competitive Comparison of CO2 Gro's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Cyclically Adjusted PB Ratio falls into.



CO2 Gro 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.

CO2 Gro's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, CO2 Gro's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.002/125.2304*125.2304
=0.002

Current CPI (Sep. 2023) = 125.2304.

CO2 Gro Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.057 97.419 0.073
201312 0.173 96.945 0.223
201403 0.178 98.604 0.226
201406 0.098 99.473 0.123
201409 0.013 99.394 0.016
201412 -0.104 98.367 -0.132
201503 -0.165 99.789 -0.207
201506 0.057 100.500 0.071
201509 -0.004 100.421 -0.005
201512 -0.074 99.947 -0.093
201603 -0.075 101.054 -0.093
201606 -0.139 102.002 -0.171
201609 -0.164 101.765 -0.202
201612 0.009 101.449 0.011
201703 -0.013 102.634 -0.016
201706 -0.008 103.029 -0.010
201709 -0.017 103.345 -0.021
201712 -0.009 103.345 -0.011
201803 -0.005 105.004 -0.006
201806 -0.008 105.557 -0.009
201809 -0.005 105.636 -0.006
201812 0.009 105.399 0.011
201903 0.012 106.979 0.014
201906 0.017 107.690 0.020
201909 0.011 107.611 0.013
201912 0.006 107.769 0.007
202003 0.003 107.927 0.003
202006 0.002 108.401 0.002
202009 0.017 108.164 0.020
202012 0.013 108.559 0.015
202103 0.018 110.298 0.020
202106 0.015 111.720 0.017
202109 0.013 112.905 0.014
202112 0.005 113.774 0.006
202203 0.021 117.646 0.022
202206 0.016 120.806 0.017
202209 0.015 120.648 0.016
202212 0.009 120.964 0.009
202303 0.007 122.702 0.007
202309 0.002 125.230 0.002

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.


CO2 Gro  (TSXV:GROW) 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.


CO2 Gro Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of CO2 Gro's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CO2 Gro (TSXV:GROW) Business Description

Industry
Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 GRO Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.
Executives
Stephen Mark Gledhill Senior Officer

CO2 Gro (TSXV:GROW) Headlines

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