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The Westaim (FRA:7N4) Cyclically Adjusted PB Ratio : 1.22 (As of Jun. 03, 2025)


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What is The Westaim Cyclically Adjusted PB Ratio?

As of today (2025-06-03), The Westaim's current share price is €19.70. The Westaim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €16.15. The Westaim's Cyclically Adjusted PB Ratio for today is 1.22.

The historical rank and industry rank for The Westaim's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:7N4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.21   Max: 1.39
Current: 1.29

During the past years, The Westaim's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.08. And the median was 0.21.

FRA:7N4's Cyclically Adjusted PB Ratio is ranked worse than
77.44% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs FRA:7N4: 1.29

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 Westaim's adjusted book value per share data for the three months ended in Mar. 2025 was €20.880. 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 €16.15 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Westaim Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Westaim'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.

* Premium members only.

The Westaim Cyclically Adjusted PB Ratio Chart

The Westaim Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.47 0.77 1.01 1.27

The Westaim Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 0.96 1.02 0.99 1.27 1.26

Competitive Comparison of The Westaim's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, The Westaim'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 Westaim's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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The Westaim 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.

The Westaim's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.70/16.15
=1.22

* 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.

The Westaim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, The Westaim's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=20.88/134.9266*134.9266
=20.880

Current CPI (Mar. 2025) = 134.9266.

The Westaim Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.177 100.684 16.318
201509 12.389 100.392 16.651
201512 12.544 99.792 16.960
201603 12.322 100.470 16.548
201606 12.033 101.688 15.966
201609 11.918 101.861 15.787
201612 12.653 101.863 16.760
201703 12.564 102.862 16.480
201706 11.627 103.349 15.180
201709 11.202 104.136 14.514
201712 11.545 104.011 14.977
201803 11.300 105.290 14.481
201806 11.945 106.317 15.159
201809 12.139 106.507 15.378
201812 12.714 105.998 16.184
201903 13.185 107.251 16.587
201906 13.482 108.070 16.833
201909 13.984 108.329 17.417
201912 13.376 108.420 16.646
202003 12.681 108.902 15.711
202006 12.439 108.767 15.431
202009 11.919 109.815 14.645
202012 11.040 109.897 13.554
202103 11.602 111.754 14.008
202106 11.842 114.631 13.939
202109 12.184 115.734 14.204
202112 12.939 117.630 14.842
202203 13.409 121.301 14.915
202206 13.933 125.017 15.037
202209 14.157 125.227 15.254
202212 14.545 125.222 15.672
202303 18.136 127.348 19.215
202306 18.863 128.729 19.771
202309 20.570 129.860 21.373
202312 21.645 129.419 22.566
202403 22.728 131.776 23.271
202406 22.063 132.554 22.458
202409 21.560 133.029 21.868
202412 21.884 133.157 22.175
202503 20.880 134.927 20.880

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.


The Westaim  (FRA:7N4) 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.


The Westaim Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of The Westaim's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Westaim Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.

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