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Better Choice Co (Better Choice Co) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Better Choice Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Better Choice Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Better Choice Co'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.

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Better Choice Co Cyclically Adjusted PB Ratio Chart

Better Choice Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Better Choice Co Quarterly Data
Feb19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Better Choice Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Better Choice Co'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.


Better Choice Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Better Choice Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Better Choice Co 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.

Better Choice Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Better Choice Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.085/129.4194*129.4194
=4.085

Current CPI (Dec. 2023) = 129.4194.

Better Choice Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 -7.221 99.057 -9.434
201405 -8.534 100.373 -11.004
201408 -6.022 100.352 -7.766
201411 -6.387 99.635 -8.296
201502 -8.394 99.032 -10.970
201505 -9.489 100.333 -12.240
201508 -10.584 100.548 -13.623
201511 -1.681 100.135 -2.173
201602 -2.389 100.040 -3.091
201605 -11.386 101.355 -14.539
201608 -50.662 101.617 -64.523
201611 -68.402 101.829 -86.935
201702 -88.977 102.779 -112.040
201705 -99.120 103.256 -124.236
201708 -103.772 103.587 -129.650
201711 -106.021 104.072 -131.843
201802 -144.961 105.052 -178.586
201805 -232.558 106.148 -283.544
201808 -228.252 106.383 -277.678
201811 -25.393 106.338 -30.905
201902 -39.139 106.649 -47.496
201906 -67.044 108.070 -80.289
201909 -59.726 108.329 -71.354
201912 -38.909 108.420 -46.445
202003 -57.487 108.902 -68.318
202006 -89.621 108.767 -106.638
202009 -89.014 109.815 -104.905
202012 -142.925 109.897 -168.315
202103 -131.909 111.754 -152.760
202106 39.657 114.631 44.773
202109 94.401 115.734 105.564
202112 87.369 117.630 96.126
202203 82.301 121.301 87.809
202206 76.958 125.017 79.668
202209 67.990 125.227 70.266
202212 32.186 125.222 33.265
202303 27.275 127.348 27.719
202306 23.347 128.729 23.472
202309 20.684 129.860 20.614
202312 4.085 129.419 4.085

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.


Better Choice Co  (AMEX:BTTR) 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.


Better Choice Co Cyclically Adjusted PB Ratio Related Terms

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


Better Choice Co (Better Choice Co) Business Description

Traded in Other Exchanges
N/A
Address
12400 Race Track Road, Tampa, FL, USA, 33626
Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing. The company manages its entire business in one operating segment.
Executives
Michael Young director 12400 RACE TRACK ROAD, TAMPA FL 33626
Donald Young officer: EVP, Sales 12400 RACE TRACK ROAD, TAMPA FL 33626
Robert Sauermann officer: COO 12400 RACE TRACK ROAD, TAMPA FL 33626
Scott Lerner officer: CEO 12400 RACE TRACK ROAD, TAMPA FL 33626
Sharla A Cook officer: CFO 12400 RACE TRACK ROAD, TAMPA FL 33626
Word John M Iii director, 10 percent owner 12400 RACE TRACK ROAD, TAMPA FL 33626
Lionel F. Conacher director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Arlene Dickinson director 12400 RACE TRACK ROAD, TAMPA FL 33626
Gil Fronzaglia director 12400 RACE TRACK ROAD, TAMPA FL 33626
Jeff D Davis director 12400 RACE TRACK ROAD, TAMPA FL 33626
Lori Taylor director 12400 RACE TRACK ROAD, TAMPA FL 33626
David Richard Lelong director, 10 percent owner, officer: President 70 WASHINGTON ST., APT. 6K, BROOKLYN NY 11201
Michael S Morrow director, 10 percent owner, officer: Chairman and President 4791 S KINGS ROW DRIVE APT 23, SALT LAKE CITY X1 84117-5993