Manila Water Co (FRA:MWC0) Cyclically Adjusted Book per Share: €0.00 (As of Jun. 2026)

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FRA:MWC0 Manila Water Co Inc FRA:MWC0
89 GF Score
Price €11.70
GF Value €13.29
! 4 Warning Signs
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What is Manila Water Co Cyclically Adjusted Book per Share?

Manila Water Co FRA:MWC0 -11.87% 89 Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. GuruFocus rates FRA:MWC0 with a GF Score™ of 89/100 and a GF Value™ of €13.29. The stock has 4 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Manila Water Co's adjusted book value per share for the three months ended in Jun. 2026 was €0.440. 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 €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Manila Water Co's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Manila Water Co was 12.00% per year. The lowest was 5.90% per year. And the median was 10.70% per year.

As of today (2026-09-11), Manila Water Co's current stock price is €11.70. Manila Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.00. Manila Water Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Manila Water Co was 2.24. The lowest was 0.47. And the median was 1.05.


Manila Water Co  (FRA:MWC0) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Manila Water Co was 2.24. The lowest was 0.47. And the median was 1.05.


Be Aware

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


Manila Water Co Cyclically Adjusted Book per Share Related Terms


Manila Water Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Manila Water Co'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.

Manila Water Co Cyclically Adjusted Book per Share Chart

Manila Water Co Annual Data
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Cyclically Adjusted Book per Share
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Manila Water Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:MWC0 vs : Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Water subindustry, Manila 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.


Manila Water Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


FRA:MWC0
89GF Score
Manila Water Co Inc FRA:MWC0
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Water Co 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, Manila Water Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.44/333.9520*333.9520
=0.440

Current CPI (Jun. 2026) = 333.9520.

Manila Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.238 241.428 0.329
201612 0.288 241.432 0.398
201703 0.292 243.801 0.400
201706 0.255 244.955 0.348
201709 0.270 246.819 0.365
201712 0.316 246.524 0.428
201803 0.270 249.554 0.361
201806 0.280 251.989 0.371
201809 0.290 252.439 0.384
201812 0.291 251.233 0.387
201903 0.292 254.202 0.384
201906 0.300 256.143 0.391
201909 0.369 256.759 0.480
201912 0.362 256.974 0.470
202003 0.371 258.115 0.480
202006 0.378 257.797 0.490
202009 0.382 260.280 0.490
202012 0.327 260.474 0.419
202103 0.335 264.877 0.422
202106 0.280 271.696 0.344
202109 0.284 274.310 0.346
202112 0.279 278.802 0.334
202203 0.381 287.504 0.443
202206 0.292 296.311 0.329
202209 0.398 296.808 0.448
202212 0.302 296.797 0.340
202303 0.303 301.836 0.335
202306 0.313 305.109 0.343
202309 0.319 307.789 0.346
202312 0.320 306.746 0.348
202403 0.319 312.332 0.341
202406 0.333 314.175 0.354
202409 0.351 315.301 0.372
202412 0.349 315.605 0.369
202503 0.343 319.799 0.358
202506 0.364 322.561 0.377
202509 0.387 324.800 0.398
202512 0.423 324.054 0.436
202603 0.416 330.213 0.421
202606 0.440 333.952 0.440

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

What does a Cyclically Adjusted Book per Share of €0.00 mean?
Manila Water Co (FRA:MWC0) has a Cyclically Adjusted Book per Share of €0.00 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Manila Water Co and its competitors.
Is Manila Water Co's Cyclically Adjusted Book per Share too high?
Manila Water Co's current Cyclically Adjusted Book per Share is €0.00. Overall, Manila Water Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Cyclically Adjusted Book per Share compare to ?
Manila Water Co's Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Manila Water Co and its competitors. Manila Water Co's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Manila Water Co (FRA:MWC0) has a current Cyclically Adjusted Book per Share of €0.00. The stock's GF Value™ is €13.29, compared to a current price of €11.70 — trading 12% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Manila Water Co's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Manila Water Co (FRA:MWC0), the current Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manila Water Co (FRA:MWC0) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Water Co stock appears to be undervalued. The current stock price of €11.70 is trading 12% below its estimated GF Value™ of €13.29.

Key valuation signals for FRA:MWC0:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €13.29 vs. price of €11.70 (12% below fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the FRA:MWC0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manila Water Co Business Description

Comparable Companies
Other Exchanges MWTCY:USAMWC:Philippines
Address 489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
89GF Score

Get the complete analysis for FRA:MWC0

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.70
Price
€13.29
GF Value