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Cadiz (LTS:0HS4) Cyclically Adjusted PB Ratio : (As of May. 25, 2025)


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What is Cadiz Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cadiz Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cadiz'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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Cadiz Cyclically Adjusted PB Ratio Chart

Cadiz Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Cadiz Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Cadiz's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Cadiz'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.


Cadiz's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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


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Cadiz 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.

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

For example, Cadiz'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)
=0.538/134.9266*134.9266
=0.538

Current CPI (Mar. 2025) = 134.9266.

Cadiz Quarterly Data

Book Value per Share CPI Adj_Book
201506 -2.804 100.684 -3.758
201509 -3.057 100.392 -4.109
201512 -3.161 99.792 -4.274
201603 -3.623 100.470 -4.866
201606 -3.572 101.688 -4.740
201609 -3.693 101.861 -4.892
201612 -2.495 101.863 -3.305
201703 -2.597 102.862 -3.407
201706 -3.143 103.349 -4.103
201709 -3.386 104.136 -4.387
201712 -3.424 104.011 -4.442
201803 -3.570 105.290 -4.575
201806 -3.027 106.317 -3.842
201809 -3.268 106.507 -4.140
201812 -3.498 105.998 -4.453
201903 -3.139 107.251 -3.949
201906 -2.961 108.070 -3.697
201909 -3.209 108.329 -3.997
201912 -2.883 108.420 -3.588
202003 -0.566 108.902 -0.701
202006 -0.695 108.767 -0.862
202009 -0.636 109.815 -0.781
202012 -0.686 109.897 -0.842
202103 -0.340 111.754 -0.410
202106 -0.125 114.631 -0.147
202109 1.108 115.734 1.292
202112 0.930 117.630 1.067
202203 0.899 121.301 1.000
202206 0.773 125.017 0.834
202209 0.629 125.227 0.678
202212 0.613 125.222 0.661
202303 0.914 127.348 0.968
202306 0.790 128.729 0.828
202309 0.715 129.860 0.743
202312 0.599 129.419 0.624
202403 0.544 131.776 0.557
202406 0.407 132.554 0.414
202409 0.304 133.029 0.308
202412 0.451 133.157 0.457
202503 0.538 134.927 0.538

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.


Cadiz  (LTS:0HS4) 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.


Cadiz Cyclically Adjusted PB Ratio Related Terms

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


Cadiz Business Description

Industry
Traded in Other Exchanges
Address
550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a water solutions provider, dedicated to delivering clean, reliable, and affordable water for people. It provides water solutions with a combination of land, water, pipeline, and water filtration assets located in Southern California between key water systems serving population centers in the Southwestern United States. The company operates in two reportable segments; Land and Water Resources segment, which derives key revenue, and comprises all activities regarding its properties in the eastern Mojave Desert, pre-revenue development of the Mojave Groundwater Bank (supply, storage, and conveyance), and agricultural operations; and the Water Filtration Technology segment, which provides water filtration solutions for impaired or contaminated groundwater sources.

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