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Tower One Wireless (FRA:1P3N) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Tower One Wireless Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tower One Wireless Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tower One Wireless's Cyclically Adjusted PB Ratio 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.

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Tower One Wireless Cyclically Adjusted PB Ratio Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Tower One Wireless's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Tower One Wireless'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.


Tower One Wireless's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tower One Wireless's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tower One Wireless's Cyclically Adjusted PB Ratio falls into.



Tower One Wireless Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tower One Wireless's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Tower One Wireless's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.042/120.6479*120.6479
=-0.042

Current CPI (Sep. 2022) = 120.6479.

Tower One Wireless Quarterly Data

Book Value per Share CPI Adj_Book
201212 -0.408 95.760 -0.514
201303 -0.511 97.103 -0.635
201306 -0.471 97.182 -0.585
201309 -0.501 97.419 -0.620
201312 -0.242 96.945 -0.301
201403 0.000 98.604 0.000
201406 -0.363 99.473 -0.440
201409 -0.449 99.394 -0.545
201412 -0.474 98.367 -0.581
201503 -0.487 99.789 -0.589
201506 -0.529 100.500 -0.635
201509 -0.284 100.421 -0.341
201512 -0.299 99.947 -0.361
201603 -0.179 101.054 -0.214
201606 -0.260 102.002 -0.308
201609 -0.045 101.765 -0.053
201612 -0.034 101.449 -0.040
201703 0.139 102.634 0.163
201706 0.000 103.029 0.000
201709 0.026 103.345 0.030
201712 0.021 103.345 0.025
201803 0.024 105.004 0.028
201806 0.019 105.557 0.022
201809 0.010 105.636 0.011
201812 -0.003 105.399 -0.003
201903 0.008 106.979 0.009
201906 -0.007 107.690 -0.008
201909 -0.022 107.611 -0.025
201912 -0.036 107.769 -0.040
202003 -0.031 107.927 -0.035
202006 -0.036 108.401 -0.040
202009 -0.043 108.164 -0.048
202012 -0.047 108.559 -0.052
202103 -0.049 110.298 -0.054
202106 -0.059 111.720 -0.064
202109 -0.059 112.905 -0.063
202112 -0.082 113.774 -0.087
202203 -0.071 117.646 -0.073
202206 -0.085 120.806 -0.085
202209 -0.042 120.648 -0.042

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


Tower One Wireless  (FRA:1P3N) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tower One Wireless Cyclically Adjusted PB Ratio Related Terms

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Tower One Wireless (FRA:1P3N) Business Description

Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.

Tower One Wireless (FRA:1P3N) Headlines

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