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Watt's (XSGO:WATTS) Cyclically Adjusted Book per Share : CLP839.57 (As of Dec. 2023)


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What is Watt's 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.

Watt's's adjusted book value per share for the three months ended in Dec. 2023 was CLP831.805. 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 CLP839.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Watt's's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Watt's was 10.00% per year. The lowest was 10.00% per year. And the median was 10.00% per year.

As of today (2024-05-28), Watt's's current stock price is CLP796.92. Watt's's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CLP839.57. Watt's's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Watt's was 1.56. The lowest was 0.61. And the median was 0.77.


Watt's Cyclically Adjusted Book per Share Historical Data

The historical data trend for Watt's'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.

Watt's Cyclically Adjusted Book per Share Chart

Watt's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 630.34 698.27 795.56 839.57

Watt's Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 795.56 812.83 817.98 830.89 839.57

Competitive Comparison of Watt's's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Watt's'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.


Watt's's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Watt's 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, Watt's'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)
=831.805/146.1089*146.1089
=831.805

Current CPI (Dec. 2023) = 146.1089.

Watt's Quarterly Data

Book Value per Share CPI Adj_Book
201403 465.991 94.584 719.841
201406 471.837 95.543 721.557
201409 489.362 96.883 738.005
201412 501.353 97.515 751.189
201503 0.000 98.539 0.000
201506 531.938 99.770 778.998
201509 564.302 101.383 813.250
201512 576.277 101.775 827.306
201603 556.145 102.930 789.447
201606 567.563 103.965 797.633
201609 577.205 104.521 806.872
201612 591.659 104.532 826.991
201703 600.303 105.752 829.390
201706 594.812 105.730 821.973
201709 590.406 106.035 813.537
201712 591.590 106.907 808.522
201803 593.529 107.670 805.427
201806 612.362 108.421 825.221
201809 621.833 109.369 830.721
201812 649.587 109.653 865.557
201903 646.301 110.339 855.821
201906 651.912 111.352 855.395
201909 673.386 111.821 879.870
201912 695.749 112.943 900.057
202003 738.497 114.468 942.628
202006 730.413 114.283 933.820
202009 735.119 115.275 931.753
202012 719.495 116.299 903.918
202103 729.292 117.770 904.783
202106 723.227 118.630 890.749
202109 763.656 121.431 918.854
202112 786.398 124.634 921.898
202203 772.197 128.850 875.627
202206 815.178 133.448 892.516
202209 824.782 138.101 872.610
202212 795.655 140.574 826.983
202303 778.792 143.145 794.915
202306 789.244 143.538 803.382
202309 829.091 145.172 834.442
202312 831.805 146.109 831.805

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


Watt's  (XSGO:WATTS) 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.

Watt's's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=796.92/839.57
=0.95

* 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 Watt's was 1.56. The lowest was 0.61. And the median was 0.77.


Be Aware

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


Watt's Cyclically Adjusted Book per Share Related Terms

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


Watt's (XSGO:WATTS) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Jorge Alessandri 10501, San Bernardo, CHL, 8060052
Watt's SA manufactures and sells food products. Its product portfolio consists of dairy products, pasta and sauces, juices and nectars, jams and sweets, preserves, wines, oils and dressings, desserts, and collations. Its brand portfolio includes Watt´s, Loncoleche, Calo, Chef, Belmont, Sureña, IceFrut and Yogu-Yogu, amongst others.

Watt's (XSGO:WATTS) Headlines

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