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Grown Rogue International (XCNQ:GRIN) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Grown Rogue International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grown Rogue International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grown Rogue International'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.

Grown Rogue International Cyclically Adjusted PB Ratio Chart

Grown Rogue International Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.06

Grown Rogue International Quarterly Data
May18 Aug18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Oct23
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 - 0.06 0.61 - -

Competitive Comparison of Grown Rogue International's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Grown Rogue International'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.


Grown Rogue International's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Grown Rogue International 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.

Grown Rogue International's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2023 is calculated as:

For example, Grown Rogue International's adjusted Book Value per Share data for the three months ended in Apr. 2023 was:

Adj_Book=Book Value per Share/CPI of Apr. 2023 (Change)*Current CPI (Apr. 2023)
=0.074/127.9921*127.9921
=0.074

Current CPI (Apr. 2023) = 127.9921.

Grown Rogue International Quarterly Data

Book Value per Share CPI Adj_Book
201302 37.889 97.953 49.508
201305 36.729 98.282 47.832
201308 1.599 98.675 2.074
201311 0.457 98.334 0.595
201402 -0.347 99.057 -0.448
201405 -22.691 100.373 -28.935
201408 -13.827 100.352 -17.635
201411 -15.355 99.635 -19.725
201502 -11.718 99.032 -15.145
201505 -38.002 100.333 -48.478
201508 -16.241 100.548 -20.674
201511 -0.424 100.135 -0.542
201602 3.509 100.040 4.489
201605 3.456 101.355 4.364
201608 -0.362 101.617 -0.456
201611 -0.584 101.829 -0.734
201702 -0.622 102.779 -0.775
201705 -0.738 103.256 -0.915
201708 -0.129 103.587 -0.159
201711 -0.148 104.072 -0.182
201802 -0.158 105.052 -0.193
201805 -0.185 106.148 -0.223
201808 -0.213 106.383 -0.256
201901 0.064 106.200 0.077
201904 0.040 107.818 0.047
201907 0.026 108.250 0.031
201910 -0.026 108.577 -0.031
202001 -0.022 108.841 -0.026
202004 -0.019 108.173 -0.022
202007 -0.009 109.318 -0.011
202010 -0.011 109.861 -0.013
202101 -0.021 110.364 -0.024
202104 0.042 112.673 0.048
202107 0.040 115.183 0.044
202110 0.040 116.696 0.044
202201 0.000 118.619 0.000
202204 0.000 121.978 0.000
202210 0.056 125.734 0.057
202301 0.069 126.223 0.070
202304 0.074 127.992 0.074

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.


Grown Rogue International  (XCNQ:GRIN) 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.


Grown Rogue International Cyclically Adjusted PB Ratio Related Terms

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Grown Rogue International (XCNQ:GRIN) Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.
Executives
Jakob Iotte Senior Officer