TWC Enterprises (TSX:TWC) Cyclically Adjusted Book per Share: C$19.42 (As of Mar. 2026)

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TSX:TWC TWC Enterprises Ltd TSX:TWC
80 GF Score
Price C$27.70
GF Value C$20.33
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is TWC Enterprises Cyclically Adjusted Book per Share?

TWC Enterprises TSX:TWC 80 Cyclically Adjusted Book per Share is C$19.42 as of Mar. 2026. GuruFocus rates TSX:TWC with a GF Score™ of 80/100 and a GF Value™ of C$20.33 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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.

TWC Enterprises's adjusted book value per share for the three months ended in Mar. 2026 was C$25.365. 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 C$19.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TWC Enterprises's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 TWC Enterprises was 14.40% per year. The lowest was 3.10% per year. And the median was 7.10% per year.

As of today (2026-07-15), TWC Enterprises's current stock price is C$27.70. TWC Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$19.42. TWC Enterprises's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TWC Enterprises was 2.53. The lowest was 0.84. And the median was 1.45.


TWC Enterprises  (TSX:TWC) 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.

TWC Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.70/19.42
=1.43

* 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 TWC Enterprises was 2.53. The lowest was 0.84. And the median was 1.45.


Be Aware

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


TWC Enterprises Cyclically Adjusted Book per Share Related Terms


TWC Enterprises Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TWC Enterprises'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.

TWC Enterprises Cyclically Adjusted Book per Share Chart

TWC Enterprises Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.80 13.75 15.41 16.99 18.77

TWC Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.57 18.01 18.40 18.77 19.42

TSX:TWC vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, TWC Enterprises'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.


TWC Enterprises Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TWC Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:TWC
80GF Score
TWC Enterprises Ltd TSX:TWC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TWC Enterprises 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, TWC Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=25.365/132.2623*132.2623
=25.365

Current CPI (Mar. 2026) = 132.2623.

TWC Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.986 102.002 10.355
201609 8.658 101.765 11.253
201612 8.694 101.449 11.335
201703 8.512 102.634 10.969
201706 8.632 103.029 11.081
201709 9.208 103.345 11.785
201712 8.526 103.345 10.912
201803 8.334 105.004 10.497
201806 8.646 105.557 10.833
201809 15.852 105.636 19.848
201812 16.073 105.399 20.170
201903 15.908 106.979 19.668
201906 15.858 107.690 19.476
201909 16.178 107.611 19.884
201912 16.327 107.769 20.038
202003 15.179 107.927 18.601
202006 15.244 108.401 18.599
202009 16.237 108.164 19.854
202012 16.563 108.559 20.179
202103 16.542 110.298 19.836
202106 16.677 111.720 19.743
202109 17.611 112.905 20.630
202112 20.153 113.774 23.428
202203 20.051 117.646 22.542
202206 20.269 120.806 22.191
202209 20.865 120.648 22.874
202212 20.946 120.964 22.902
202303 20.567 122.702 22.169
202306 20.782 124.203 22.130
202309 21.520 125.230 22.728
202312 21.627 125.072 22.870
202403 21.604 126.258 22.631
202406 21.703 127.522 22.510
202409 23.348 127.285 24.261
202412 23.301 127.364 24.197
202503 23.242 129.181 23.796
202506 23.849 129.892 24.284
202509 24.535 130.287 24.907
202512 25.149 130.366 25.515
202603 25.365 132.262 25.365

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 C$19.42 mean?
TWC Enterprises (TSX:TWC) has a Cyclically Adjusted Book per Share of C$19.42 as of Mar. 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 TWC Enterprises and its competitors.
Is TWC Enterprises' Cyclically Adjusted Book per Share too high?
TWC Enterprises' current Cyclically Adjusted Book per Share is C$19.42. Overall, TWC Enterprises has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TWC Enterprises' Cyclically Adjusted Book per Share compare to AS and HAS?
TWC Enterprises' Cyclically Adjusted Book per Share of C$19.42 can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 TWC Enterprises and its competitors. TWC Enterprises's current Cyclically Adjusted Book per Share is C$19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TWC Enterprises stock overvalued right now?
Based on GuruFocus' analysis, TWC Enterprises (TSX:TWC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.33, compared to a current price of C$27.70 — trading 36.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$19.42. TWC Enterprises' overall GF Score™ is 80/100 with 8 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 TWC Enterprises (TSX:TWC), the current Cyclically Adjusted Book per Share is C$19.42 as of Mar. 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 TWC Enterprises (TSX:TWC) Overvalued in 2026?

Based on GuruFocus' analysis, TWC Enterprises stock appears to be overvalued. The current stock price of C$27.70 is trading 36.3% above its estimated GF Value™ of C$20.33. GuruFocus considers TWC Enterprises to be Significantly Overvalued.

Key valuation signals for TSX:TWC:

  • Cyclically Adjusted Book per Share: C$19.42
  • GF Value™: C$20.33 vs. price of C$27.70 (36.3% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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


TWC Enterprises Business Description

Other Exchanges CLKXF:USA
Address 15675 Dufferin Street, King City, ON, CAN, L7B 1K5
TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operations and United States golf club operations. It generates maximum revenue from the Canadian golf club operation segment.
80GF Score

Get the complete analysis for TSX:TWC

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

C$27.70
Price
C$20.33
GF Value