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The North West Co (TSX:NWC) Cyclically Adjusted Book per Share : C$10.53 (As of Jan. 2024)


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What is The North West Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

The North West Co's adjusted book value per share for the three months ended in Jan. 2024 was C$14.390. 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$10.53 for the trailing ten years ended in Jan. 2024.

During the past 12 months, The North West Co's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The North West Co was 10.50% per year. The lowest was 2.20% per year. And the median was 4.00% per year.

As of today (2024-05-18), The North West Co's current stock price is C$38.54. The North West Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$10.53. The North West Co's Cyclically Adjusted PB Ratio of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The North West Co was 5.02. The lowest was 2.51. And the median was 4.08.


The North West Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The North West Co's Cyclically Adjusted Book per Share 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.

The North West Co Cyclically Adjusted Book per Share Chart

The North West Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 7.80 8.62 9.65 10.53

The North West Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 9.65 9.95 10.19 10.37 10.53

Competitive Comparison of The North West Co's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, The North West 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.


The North West Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The North West Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, The North West Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=14.39/125.0724*125.0724
=14.390

Current CPI (Jan. 2024) = 125.0724.

The North West Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.611 98.920 8.359
201407 6.657 99.315 8.383
201410 6.800 99.473 8.550
201501 6.790 98.209 8.647
201504 6.731 99.710 8.443
201507 6.968 100.579 8.665
201510 7.095 100.500 8.830
201601 7.370 100.184 9.201
201604 7.133 101.370 8.801
201607 7.073 101.844 8.686
201610 7.417 102.002 9.095
201701 7.577 102.318 9.262
201704 7.613 103.029 9.242
201707 7.514 103.029 9.122
201710 7.696 103.424 9.307
201801 7.396 104.056 8.890
201804 7.735 105.320 9.186
201807 7.829 106.110 9.228
201810 8.308 105.952 9.807
201901 8.173 105.557 9.684
201904 8.442 107.453 9.826
201907 8.246 108.243 9.528
201910 8.485 107.927 9.833
202001 8.490 108.085 9.824
202004 8.576 107.216 10.004
202007 9.477 108.401 10.934
202010 9.805 108.638 11.288
202101 10.106 109.192 11.576
202104 10.550 110.851 11.904
202107 10.977 112.431 12.211
202110 11.280 113.695 12.409
202201 11.774 114.801 12.827
202204 12.181 118.357 12.872
202207 12.462 120.964 12.885
202210 13.036 121.517 13.417
202301 13.195 121.596 13.572
202304 13.294 123.571 13.456
202307 13.412 124.914 13.429
202310 14.226 125.310 14.199
202401 14.390 125.072 14.390

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


The North West Co  (TSX:NWC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

The North West Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.54/10.53
=3.66

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The North West Co was 5.02. The lowest was 2.51. And the median was 4.08.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


The North West Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of The North West Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The North West Co (TSX:NWC) Business Description

Traded in Other Exchanges
Address
77 Main Street, Winnipeg, MB, CAN, R3C 2R1
The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. The company generates maximum revenue from Canada.
Executives
Leanne Flewitt Senior Officer

The North West Co (TSX:NWC) Headlines

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