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Watawala Plantations (COL:WATA.N0000) Cyclically Adjusted PB Ratio : 3.53 (As of Jun. 09, 2024)


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What is Watawala Plantations Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Watawala Plantations's current share price is රු96.10. Watawala Plantations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු27.26. Watawala Plantations's Cyclically Adjusted PB Ratio for today is 3.53.

The historical rank and industry rank for Watawala Plantations's Cyclically Adjusted PB Ratio or its related term are showing as below:

COL:WATA.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.57   Med: 2.9   Max: 4.62
Current: 3.52

During the past years, Watawala Plantations's highest Cyclically Adjusted PB Ratio was 4.62. The lowest was 2.57. And the median was 2.90.

COL:WATA.N0000's Cyclically Adjusted PB Ratio is ranked worse than
79.9% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs COL:WATA.N0000: 3.52

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.

Watawala Plantations's adjusted book value per share data for the three months ended in Dec. 2023 was රු29.726. 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 රු27.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watawala Plantations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Watawala Plantations'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.

Watawala Plantations Cyclically Adjusted PB Ratio Chart

Watawala Plantations Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.95 2.81

Watawala Plantations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.87 2.81 2.61 2.79 2.65

Competitive Comparison of Watawala Plantations's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Watawala Plantations'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.


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

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

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



Watawala Plantations 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.

Watawala Plantations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.10/27.26
=3.53

* 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.

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

For example, Watawala Plantations'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)
=29.726/129.4194*129.4194
=29.726

Current CPI (Dec. 2023) = 129.4194.

Watawala Plantations Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.618 99.695 22.871
201406 18.583 100.560 23.916
201409 18.219 100.428 23.478
201412 17.892 99.070 23.373
201503 17.887 99.621 23.237
201506 18.477 100.684 23.750
201509 18.531 100.392 23.889
201512 19.271 99.792 24.992
201603 19.964 100.470 25.716
201606 20.965 101.688 26.682
201609 21.507 101.861 27.326
201612 22.809 101.863 28.979
201703 24.053 102.862 30.263
201706 24.797 103.349 31.052
201709 18.760 104.136 23.315
201712 19.657 104.011 24.459
201803 16.585 105.290 20.386
201806 17.144 106.317 20.869
201809 18.796 106.507 22.840
201812 19.832 105.998 24.214
201903 18.373 107.251 22.171
201906 19.687 108.070 23.576
201909 21.330 108.329 25.483
201912 22.186 108.420 26.483
202003 22.617 108.902 26.878
202006 21.615 108.767 25.719
202009 24.129 109.815 28.437
202012 22.829 109.897 26.884
202103 24.900 111.754 28.836
202106 26.028 114.631 29.386
202109 31.750 115.734 35.504
202112 29.591 117.630 32.557
202203 33.731 121.301 35.989
202206 29.361 125.017 30.395
202209 35.192 125.227 36.370
202212 32.453 125.222 33.541
202303 30.890 127.348 31.392
202306 30.605 128.729 30.769
202309 34.931 129.860 34.813
202312 29.726 129.419 29.726

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.


Watawala Plantations  (COL:WATA.N0000) 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.


Watawala Plantations Cyclically Adjusted PB Ratio Related Terms

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


Watawala Plantations (COL:WATA.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No 60, Dharmapala Mawatha, Colombo, LKA, 03
Watawala Plantations PLC engages in the provision of agricultural products. It operates through the following segments: Palm Oil, Dairy, and others. Its Dairy segment provides various dairy products. The Palm Oil segment includes producing crude and kernel palm oil and generates the majority of revenue for the company. It is also involved in the marketing of tea products.

Watawala Plantations (COL:WATA.N0000) Headlines

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