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Western Resources (FRA:WR0) Cyclically Adjusted Book per Share : €0.74 (As of Jun. 2024)


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What is Western Resources 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.

Western Resources's adjusted book value per share for the three months ended in Jun. 2024 was €0.403. 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 €0.74 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Western Resources's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.80% 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 Western Resources was -2.50% per year. The lowest was -6.10% per year. And the median was -5.80% per year.

As of today (2025-05-28), Western Resources's current stock price is €0.023. Western Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.74. Western Resources's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Western Resources was 0.03. The lowest was 0.00. And the median was 0.00.


Western Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Western Resources'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.

Western Resources Cyclically Adjusted Book per Share Chart

Western Resources 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 1.06 0.99 0.86 1.05 0.80

Western Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.83 0.80 0.79 0.89 0.74

Competitive Comparison of Western Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Western Resources'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.


Western Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Western Resources 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, Western Resources's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.403/127.5217*127.5217
=0.403

Current CPI (Jun. 2024) = 127.5217.

Western Resources Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.051 99.394 1.348
201412 1.034 98.367 1.340
201503 1.062 99.789 1.357
201506 1.026 100.500 1.302
201509 0.913 100.421 1.159
201512 0.905 99.947 1.155
201603 0.912 101.054 1.151
201606 0.925 102.002 1.156
201609 0.887 101.765 1.112
201612 0.927 101.449 1.165
201703 0.910 102.634 1.131
201706 0.869 103.029 1.076
201709 0.885 103.345 1.092
201712 0.855 103.345 1.055
201803 0.811 105.004 0.985
201806 0.845 105.557 1.021
201809 0.862 105.636 1.041
201812 0.857 105.399 1.037
201903 0.532 106.979 0.634
201906 0.575 107.690 0.681
201909 0.589 107.611 0.698
201912 0.617 107.769 0.730
202003 0.583 107.927 0.689
202006 0.588 108.401 0.692
202009 0.572 108.164 0.674
202012 0.570 108.559 0.670
202103 0.592 110.298 0.684
202106 0.599 111.720 0.684
202109 0.576 112.905 0.651
202112 0.584 113.774 0.655
202203 0.596 117.646 0.646
202206 0.666 120.806 0.703
202209 0.447 120.648 0.472
202212 0.414 120.964 0.436
202303 0.410 122.702 0.426
202306 0.417 124.203 0.428
202309 0.417 125.230 0.425
202312 0.413 125.072 0.421
202403 0.408 126.258 0.412
202406 0.403 127.522 0.403

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


Western Resources  (FRA:WR0) 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.

Western Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.023/0.74
=0.03

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Western Resources was 0.03. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Western Resources Cyclically Adjusted Book per Share Related Terms

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


Western Resources Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.

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