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Watkin Jones (FRA:0W0) Cyclically Adjusted Book per Share : €0.66 (As of Mar. 2024)


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What is Watkin Jones Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Watkin Jones's adjusted book value per share data for the fiscal year that ended in Sep. 2023 was €0.588. 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 €0.66 for the trailing ten years ended in Sep. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-12-11), Watkin Jones's current stock price is € 0.228. Watkin Jones's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2023 was €0.66. Watkin Jones's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Watkin Jones was 2.52. The lowest was 0.31. And the median was 0.78.


Watkin Jones Cyclically Adjusted Book per Share Historical Data

The historical data trend for Watkin Jones's Cyclically Adjusted Book per Share 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.

Watkin Jones Cyclically Adjusted Book per Share Chart

Watkin Jones Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.66 0.66

Watkin Jones Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cyclically Adjusted Book per Share 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 - 0.66 - 0.66 -

Competitive Comparison of Watkin Jones's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Watkin Jones'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.


Watkin Jones's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Watkin Jones Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Watkin Jones's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2023 was:

Adj_Book=Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.588/130.1000*130.1000
=0.588

Current CPI (Sep. 2023) = 130.1000.

Watkin Jones Annual Data

Book Value per Share CPI Adj_Book
201409 0.450 100.000 0.585
201509 0.606 100.200 0.787
201609 0.471 101.500 0.604
201709 0.553 104.300 0.690
201809 0.615 106.600 0.751
201909 0.708 108.400 0.850
202009 0.721 109.200 0.859
202109 0.842 112.400 0.975
202209 0.789 122.300 0.839
202309 0.588 130.100 0.588

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Watkin Jones  (FRA:0W0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Watkin Jones's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.228/0.66
=0.35

* 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.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Watkin Jones was 2.52. The lowest was 0.31. And the median was 0.78.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Watkin Jones Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Watkin Jones's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Watkin Jones Business Description

Traded in Other Exchanges
Address
12 Soho Square, London, GBR, W1D 3QF
Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

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