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EnWave (STU:E4U) Cyclically Adjusted PB Ratio : 1.21 (As of May. 28, 2024)


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What is EnWave Cyclically Adjusted PB Ratio?

As of today (2024-05-28), EnWave's current share price is €0.157. EnWave's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.13. EnWave's Cyclically Adjusted PB Ratio for today is 1.21.

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

STU:E4U' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 7.03   Max: 20.78
Current: 1.24

During the past years, EnWave's highest Cyclically Adjusted PB Ratio was 20.78. The lowest was 1.13. And the median was 7.03.

STU:E4U's Cyclically Adjusted PB Ratio is ranked better than
66% of 2091 companies
in the Industrial Products industry
Industry Median: 1.84 vs STU:E4U: 1.24

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.

EnWave's adjusted book value per share data for the three months ended in Dec. 2023 was €0.064. 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 €0.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EnWave Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EnWave'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.

EnWave Cyclically Adjusted PB Ratio Chart

EnWave Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.10 4.04 5.31 2.24 1.40

EnWave Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.97 2.43 1.75 1.40 1.79

Competitive Comparison of EnWave's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, EnWave'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.


EnWave's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EnWave's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EnWave 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.

EnWave's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.157/0.13
=1.21

* 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.

EnWave's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, EnWave's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.064/125.0724*125.0724
=0.064

Current CPI (Dec. 2023) = 125.0724.

EnWave Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.134 98.604 0.170
201406 0.140 99.473 0.176
201409 0.135 99.394 0.170
201412 0.124 98.367 0.158
201503 0.132 99.789 0.165
201506 0.084 100.500 0.105
201509 0.064 100.421 0.080
201512 0.090 99.947 0.113
201603 0.090 101.054 0.111
201606 0.092 102.002 0.113
201609 0.081 101.765 0.100
201612 0.079 101.449 0.097
201703 0.074 102.634 0.090
201706 0.069 103.029 0.084
201709 0.062 103.345 0.075
201712 0.112 103.345 0.136
201803 0.102 105.004 0.121
201806 0.108 105.557 0.128
201809 0.110 105.636 0.130
201812 0.118 105.399 0.140
201903 0.124 106.979 0.145
201906 0.183 107.690 0.213
201909 0.191 107.611 0.222
201912 0.185 107.769 0.215
202003 0.172 107.927 0.199
202006 0.166 108.401 0.192
202009 0.163 108.164 0.188
202012 0.155 108.559 0.179
202103 0.149 110.298 0.169
202106 0.154 111.720 0.172
202109 0.140 112.905 0.155
202112 0.142 113.774 0.156
202203 0.135 117.646 0.144
202206 0.129 120.806 0.134
202209 0.121 120.648 0.125
202212 0.099 120.964 0.102
202303 0.082 122.702 0.084
202306 0.071 124.203 0.071
202309 0.072 125.230 0.072
202312 0.064 125.072 0.064

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.


EnWave  (STU:E4U) 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.


EnWave Cyclically Adjusted PB Ratio Related Terms

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


EnWave (STU:E4U) Business Description

Traded in Other Exchanges
Address
1668 Derwent Way, Unit 1, Delta, BC, CAN, V3M 6R9
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and the design, construction, marketing and sales of vacuum-microwave machinery for the food, cannabis and biomaterial dehydration industries. The Company's wholly-owned subsidiary, NutraDried Food Company, LLC manufactures, markets and sells certain dehydrated food products manufactured using EnWave's proprietary technology.

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