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The York Water Co (STU:YWA) Cyclically Adjusted Book per Share : €12.05 (As of Jun. 2024)


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What is The York Water Co 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.

The York Water Co's adjusted book value per share for the three months ended in Jun. 2024 was €14.582. 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 €12.05 for the trailing ten years ended in Jun. 2024.

During the past 12 months, The York Water Co's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 The York Water Co was 9.20% per year. The lowest was 4.60% per year. And the median was 5.50% per year.

As of today (2024-09-25), The York Water Co's current stock price is €33.80. The York Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €12.05. The York Water Co's Cyclically Adjusted PB Ratio of today is 2.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The York Water Co was 5.46. The lowest was 2.71. And the median was 3.93.


The York Water Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The York 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.

* Premium members only.

The York Water Co Cyclically Adjusted Book per Share Chart

The York Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.30 7.66 8.98 10.71 11.01

The York Water Co 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 11.14 11.40 11.01 11.44 12.05

Competitive Comparison of The York Water Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, The York 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.


The York Water Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



The York 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, The York Water Co'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)
=14.582/132.5538*132.5538
=14.582

Current CPI (Jun. 2024) = 132.5538.

The York Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 6.222 100.428 8.212
201412 6.609 99.070 8.843
201503 7.601 99.621 10.114
201506 7.424 100.684 9.774
201509 7.456 100.392 9.845
201512 7.815 99.792 10.381
201603 7.714 100.470 10.177
201606 7.745 101.688 10.096
201609 7.866 101.861 10.236
201612 8.413 101.863 10.948
201703 8.320 102.862 10.722
201706 7.985 103.349 10.241
201709 7.671 104.136 9.764
201712 7.838 104.011 9.989
201803 7.577 105.290 9.539
201806 8.101 106.317 10.100
201809 8.238 106.507 10.253
201812 8.570 105.998 10.717
201903 8.687 107.251 10.736
201906 8.807 108.070 10.802
201909 9.217 108.329 11.278
201912 9.279 108.420 11.344
202003 9.470 108.902 11.527
202006 9.441 108.767 11.506
202009 9.201 109.815 11.106
202012 9.016 109.897 10.875
202103 9.318 111.754 11.052
202106 9.366 114.631 10.830
202109 9.773 115.734 11.193
202112 10.300 117.630 11.607
202203 10.684 121.301 11.675
202206 13.342 125.017 14.146
202209 14.474 125.227 15.321
202212 13.691 125.222 14.493
202303 13.616 127.348 14.173
202306 13.710 128.729 14.117
202309 14.244 129.860 14.540
202312 14.151 129.419 14.494
202403 14.299 131.776 14.383
202406 14.582 132.554 14.582

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


The York Water Co  (STU:YWA) 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.

The York Water Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.80/12.05
=2.80

* 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 The York Water Co was 5.46. The lowest was 2.71. And the median was 3.93.


Be Aware

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


The York Water Co Cyclically Adjusted Book per Share Related Terms

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


The York Water Co Business Description

Industry
Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.

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