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GWA Group (GWA Group) Cyclically Adjusted PB Ratio : 1.23 (As of Apr. 27, 2024)


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What is GWA Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), GWA Group's current share price is $5.83. GWA Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $4.73. GWA Group's Cyclically Adjusted PB Ratio for today is 1.23.

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

GWAXY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.76   Max: 2.64
Current: 1.77

During the past 13 years, GWA Group's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.06. And the median was 1.76.

GWAXY's Cyclically Adjusted PB Ratio is ranked worse than
60.07% of 288 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.335 vs GWAXY: 1.77

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.

GWA Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was $3.093. 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 $4.73 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GWA Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GWA Group'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.

GWA Group Cyclically Adjusted PB Ratio Chart

GWA Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.93 1.96 1.39 1.23

GWA Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.39 - 1.23 -

Competitive Comparison of GWA Group's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, GWA Group'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.


GWA Group's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, GWA Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GWA Group 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.

GWA Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.83/4.73
=1.23

* 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.

GWA Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, GWA Group's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=3.093/124.1700*124.1700
=3.093

Current CPI (Jun23) = 124.1700.

GWA Group Annual Data

Book Value per Share CPI Adj_Book
201406 5.720 98.352 7.222
201506 3.385 99.838 4.210
201606 3.452 100.859 4.250
201706 3.675 102.809 4.439
201806 3.788 104.945 4.482
201906 3.934 106.617 4.582
202006 2.926 106.246 3.420
202106 3.420 110.332 3.849
202206 3.220 117.112 3.414
202306 3.093 124.170 3.093

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.


GWA Group  (OTCPK:GWAXY) 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.


GWA Group Cyclically Adjusted PB Ratio Related Terms

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


GWA Group (GWA Group) Business Description

Traded in Other Exchanges
Address
188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008
GWA Group Ltd is a leading Australian designer of sanitary-ware and bathroom fittings, having undergone a significant divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. As part of GWA's efforts to reorient the business toward water supply solutions, the acquisition of Methven--a leading New Zealand shower and bathroom fittings manufacturer--was completed in April 2019.

GWA Group (GWA Group) Headlines

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