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Kurita Water Industries (FRA:KWI) Cyclically Adjusted PB Ratio : 2.72 (As of Jun. 10, 2024)


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What is Kurita Water Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kurita Water Industries's current share price is €38.32. Kurita Water Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.08. Kurita Water Industries's Cyclically Adjusted PB Ratio for today is 2.72.

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

FRA:KWI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.14   Max: 3.06
Current: 2.82

During the past years, Kurita Water Industries's highest Cyclically Adjusted PB Ratio was 3.06. The lowest was 1.15. And the median was 2.14.

FRA:KWI's Cyclically Adjusted PB Ratio is ranked worse than
67.43% of 2177 companies
in the Industrial Products industry
Industry Median: 1.8 vs FRA:KWI: 2.82

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.

Kurita Water Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €18.101. 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 €14.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurita Water Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Cyclically Adjusted PB Ratio Chart

Kurita Water Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 2.41 2.21 2.75 2.68

Kurita Water Industries 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 2.75 2.46 2.29 2.39 2.68

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kurita Water Industries 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.

Kurita Water Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.32/14.08
=2.72

* 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.

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

For example, Kurita Water Industries'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)
=18.101/107.2000*107.2000
=18.101

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.114 98.000 14.345
201409 13.434 98.500 14.621
201412 12.740 97.900 13.950
201503 14.642 97.900 16.033
201506 13.565 98.400 14.778
201509 14.134 98.500 15.382
201512 14.656 98.100 16.016
201603 15.595 97.900 17.076
201606 16.436 98.100 17.961
201609 16.734 98.000 18.305
201612 15.744 98.400 17.152
201703 16.494 98.100 18.024
201706 16.001 98.500 17.414
201709 15.528 98.800 16.848
201712 15.681 99.400 16.912
201803 16.161 99.200 17.464
201806 16.108 99.200 17.407
201809 16.392 99.900 17.590
201812 16.253 99.700 17.476
201903 16.827 99.700 18.093
201906 17.352 99.800 18.639
201909 18.245 100.100 19.539
201912 18.164 100.500 19.375
202003 18.147 100.300 19.395
202006 17.287 99.900 18.550
202009 17.334 99.900 18.601
202012 17.300 99.300 18.676
202103 17.409 99.900 18.681
202106 16.921 99.500 18.230
202109 17.545 100.100 18.789
202112 18.028 100.100 19.307
202203 18.528 101.100 19.646
202206 17.937 101.800 18.888
202209 18.610 103.100 19.350
202212 18.166 104.100 18.707
202303 18.275 104.400 18.765
202306 17.762 105.200 18.100
202309 17.800 106.200 17.968
202312 17.879 106.800 17.946
202403 18.101 107.200 18.101

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.


Kurita Water Industries  (FRA:KWI) 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.


Kurita Water Industries Cyclically Adjusted PB Ratio Related Terms

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


Kurita Water Industries (FRA:KWI) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (FRA:KWI) Headlines

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