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Consolidated Water Co (FRA:CW2) Cyclically Adjusted PB Ratio : 2.10 (As of May. 25, 2024)


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What is Consolidated Water Co Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Consolidated Water Co's current share price is €26.20. Consolidated Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.48. Consolidated Water Co's Cyclically Adjusted PB Ratio for today is 2.10.

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

FRA:CW2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.31   Max: 3.02
Current: 2.25

During the past years, Consolidated Water Co's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 0.85. And the median was 1.31.

FRA:CW2's Cyclically Adjusted PB Ratio is ranked worse than
71.78% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs FRA:CW2: 2.25

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.

Consolidated Water Co's adjusted book value per share data for the three months ended in Mar. 2024 was €11.162. 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 €12.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consolidated Water Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consolidated Water 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.

* Premium members only.

Consolidated Water Co Cyclically Adjusted PB Ratio Chart

Consolidated Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.14 0.94 1.25 2.93

Consolidated Water Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.36 2.00 2.33 2.93 2.37

Competitive Comparison of Consolidated Water Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Consolidated Water 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.


Consolidated Water Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Water Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Consolidated Water 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.

Consolidated Water Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.20/12.48
=2.10

* 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.

Consolidated Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Consolidated Water Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.162/131.7762*131.7762
=11.162

Current CPI (Mar. 2024) = 131.7762.

Consolidated Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.029 100.560 9.211
201409 7.451 100.428 9.777
201412 7.778 99.070 10.346
201503 8.913 99.621 11.790
201506 8.669 100.684 11.346
201509 8.712 100.392 11.436
201512 9.006 99.792 11.892
201603 8.874 100.470 11.639
201606 8.862 101.688 11.484
201609 8.695 101.861 11.249
201612 9.280 101.863 12.005
201703 9.246 102.862 11.845
201706 8.782 103.349 11.198
201709 8.285 104.136 10.484
201712 8.378 104.011 10.614
201803 8.072 105.290 10.103
201806 8.582 106.317 10.637
201809 8.788 106.507 10.873
201812 9.090 105.998 11.301
201903 9.434 107.251 11.591
201906 9.542 108.070 11.635
201909 9.832 108.329 11.960
201912 9.792 108.420 11.901
202003 9.763 108.902 11.814
202006 9.450 108.767 11.449
202009 9.059 109.815 10.871
202012 8.733 109.897 10.472
202103 8.883 111.754 10.474
202106 8.624 114.631 9.914
202109 8.793 115.734 10.012
202112 9.148 117.630 10.248
202203 9.395 121.301 10.206
202206 9.862 125.017 10.395
202209 10.489 125.227 11.038
202212 9.835 125.222 10.350
202303 9.723 127.348 10.061
202306 9.986 128.729 10.222
202309 10.590 129.860 10.746
202312 10.861 129.419 11.059
202403 11.162 131.776 11.162

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.


Consolidated Water Co  (FRA:CW2) 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.


Consolidated Water Co Cyclically Adjusted PB Ratio Related Terms

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


Consolidated Water Co (FRA:CW2) Business Description

Traded in Other Exchanges
Address
West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102
Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Consolidated Water Co (FRA:CW2) Headlines

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