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Newalta (Newalta) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Newalta Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Newalta Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Newalta'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.

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Newalta Cyclically Adjusted PB Ratio Chart

Newalta Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Newalta Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Newalta's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Newalta'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.


Newalta's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newalta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Newalta 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.

Newalta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Newalta's adjusted Book Value per Share data for the three months ended in Mar. 2018 was:

Adj_Book=Book Value per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=1.436/105.0040*105.0040
=1.436

Current CPI (Mar. 2018) = 105.0040.

Newalta Quarterly Data

Book Value per Share CPI Adj_Book
200806 12.064 91.177 13.893
200809 11.505 91.414 13.215
200812 9.575 89.518 11.231
200903 9.200 90.071 10.725
200906 10.311 90.940 11.906
200909 10.780 90.624 12.491
200912 10.572 90.703 12.239
201003 10.974 91.335 12.616
201006 10.824 91.809 12.380
201009 10.936 92.362 12.433
201012 10.722 92.836 12.127
201103 11.106 94.338 12.362
201106 11.247 94.654 12.477
201109 11.092 95.286 12.223
201112 10.893 94.970 12.044
201203 11.206 96.155 12.237
201206 11.140 96.076 12.175
201209 11.882 96.392 12.944
201212 11.943 95.760 13.096
201303 11.735 97.103 12.690
201306 11.733 97.182 12.677
201309 11.771 97.419 12.687
201312 11.468 96.945 12.421
201403 11.010 98.604 11.725
201406 10.979 99.473 11.589
201409 11.078 99.394 11.703
201412 8.093 98.367 8.639
201503 7.051 99.789 7.419
201506 6.879 100.500 7.187
201509 6.226 100.421 6.510
201512 4.410 99.947 4.633
201603 2.497 101.054 2.595
201606 2.841 102.002 2.925
201609 2.624 101.765 2.708
201612 1.951 101.449 2.019
201703 1.816 102.634 1.858
201706 1.662 103.029 1.694
201709 1.705 103.345 1.732
201712 1.526 103.345 1.551
201803 1.436 105.004 1.436

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.


Newalta  (OTCPK:NWLTF) 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.


Newalta Cyclically Adjusted PB Ratio Related Terms

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Newalta (Newalta) Business Description

Traded in Other Exchanges
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Newalta Corp is engaged in providing engineered environmental solutions, which enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams. The operating segments of the group are Heavy oil and Oilfield. It generates maximum revenue from the Oilfield segment which includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminalling, landfilling, the sale of recovered crude oil and the supply and operation of drill site processing equipment, including solids control and drill cuttings management; as well as environmental services like environmental projects, drilling waste management services and site remediation. The group operates in Canada and the US.

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