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PRMW (Primo Water) Cyclically Adjusted PB Ratio : 2.77 (As of May. 28, 2025)


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What is Primo Water Cyclically Adjusted PB Ratio?

As of today (2025-05-28), Primo Water's current share price is $24.21. Primo Water's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $8.74. Primo Water's Cyclically Adjusted PB Ratio for today is 2.77.

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

PRMW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.21   Max: 3.26
Current: 2.84

During the past years, Primo Water's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 1.40. And the median was 2.21.

PRMW's Cyclically Adjusted PB Ratio is not ranked
in the Beverages - Non-Alcoholic industry.
Industry Median: 2.195 vs PRMW: 2.84

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.

Primo Water's adjusted book value per share data for the three months ended in Sep. 2024 was $9.248. 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 $8.74 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primo Water Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Primo Water'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.

Primo Water Cyclically Adjusted PB Ratio Chart

Primo Water Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.21 2.28 1.97 1.76

Primo Water Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.67 1.76 2.14 2.55 2.89

Competitive Comparison of Primo Water's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Primo Water'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.


Primo Water's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Primo Water 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.

Primo Water's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.21/8.74
=2.77

* 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.

Primo Water's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Primo Water's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.248/127.2847*127.2847
=9.248

Current CPI (Sep. 2024) = 127.2847.

Primo Water Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.071 98.367 9.150
201503 6.677 99.789 8.517
201506 6.119 100.500 7.750
201509 5.997 100.421 7.601
201512 5.828 99.947 7.422
201603 6.303 101.054 7.939
201606 7.164 102.002 8.940
201609 7.020 101.765 8.780
201612 6.267 101.449 7.863
201703 6.043 102.634 7.494
201706 5.910 103.029 7.301
201709 6.214 103.345 7.653
201712 6.306 103.345 7.767
201803 9.017 105.004 10.930
201806 8.885 105.557 10.714
201809 8.791 105.636 10.593
201812 8.594 105.399 10.379
201903 8.465 106.979 10.072
201906 8.466 107.690 10.006
201909 8.479 107.611 10.029
201912 8.651 107.769 10.218
202003 9.264 107.927 10.926
202006 8.425 108.401 9.893
202009 8.501 108.164 10.004
202012 8.397 108.559 9.845
202103 8.312 110.298 9.592
202106 8.205 111.720 9.348
202109 8.202 112.905 9.247
202112 8.213 113.774 9.188
202203 8.099 117.646 8.763
202206 7.920 120.806 8.345
202209 7.870 120.648 8.303
202212 8.031 120.964 8.451
202303 7.890 122.702 8.185
202306 7.949 124.203 8.146
202309 8.097 125.230 8.230
202312 9.037 125.072 9.197
202403 9.040 126.258 9.114
202406 9.074 127.522 9.057
202409 9.248 127.285 9.248

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.


Primo Water  (NYSE:PRMW) 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.


Primo Water Cyclically Adjusted PB Ratio Related Terms

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


Primo Water Business Description

Traded in Other Exchanges
N/A
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers. Its operations are concentrated in North America following the divestiture of most of its international business, which has struggled to turn a profit. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers.
Executives
Billy D Prim director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Mercedes Romero officer: Chief Procurement Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Britta Bomhard director 500 CHARLES EWING BLVD, EWING NJ 08628
Derek R. Lewis director 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853
Lori Tauber Marcus director C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Archana Singh director 111 RIVER STREET, HOBOKEN NJ 08559
Steven P Stanbrook director 1525 HOWE ST, RACINE WI 53403
Susan E. Cates director 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Eric J Foss director
Thomas Harrington officer: Chief Executive Officer 5519 IDLEWILD AVENUE, TAMPA FL 33634
William Alan Jamieson officer: Global CIO 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
David W. Hass officer: Chief Financial Officer 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Jason R Ausher officer: Chief Accounting Officer 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801
Anne Melaragni officer: Chief Human Resources Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Marni Morgan Poe officer: Chief Legal Officer/Secretary 5519 W. IDLEWILD AVENUE, TAMPA FL 33634