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Westport Fuel Systems (STU:WPI) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 18, 2024)


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What is Westport Fuel Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Westport Fuel Systems's current share price is €5.51. Westport Fuel Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.23. Westport Fuel Systems's Cyclically Adjusted PB Ratio for today is 0.45.

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

STU:WPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.02   Max: 15.24
Current: 0.46

During the past years, Westport Fuel Systems's highest Cyclically Adjusted PB Ratio was 15.24. The lowest was 0.33. And the median was 1.02.

STU:WPI's Cyclically Adjusted PB Ratio is ranked better than
84.71% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs STU:WPI: 0.46

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.

Westport Fuel Systems's adjusted book value per share data for the three months ended in Mar. 2024 was €7.836. 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 €12.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westport Fuel Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Westport Fuel Systems'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.

Westport Fuel Systems Cyclically Adjusted PB Ratio Chart

Westport Fuel Systems 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 0.95 2.25 1.05 0.44 0.46

Westport Fuel Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 0.47 0.40 0.46 0.50

Competitive Comparison of Westport Fuel Systems's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Westport Fuel Systems'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.


Westport Fuel Systems's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Westport Fuel Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Westport Fuel Systems 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.

Westport Fuel Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.51/12.23
=0.45

* 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.

Westport Fuel Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Westport Fuel Systems's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.836/126.2576*126.2576
=7.836

Current CPI (Mar. 2024) = 126.2576.

Westport Fuel Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.350 99.473 39.791
201409 29.065 99.394 36.920
201412 21.464 98.367 27.550
201503 20.736 99.789 26.236
201506 17.780 100.500 22.337
201509 11.886 100.421 14.944
201512 10.213 99.947 12.901
201603 6.839 101.054 8.545
201606 13.003 102.002 16.095
201609 10.060 101.765 12.481
201612 7.356 101.449 9.155
201703 6.282 102.634 7.728
201706 8.582 103.029 10.517
201709 8.702 103.345 10.631
201712 7.597 103.345 9.281
201803 6.553 105.004 7.879
201806 6.468 105.557 7.736
201809 6.394 105.636 7.642
201812 5.976 105.399 7.159
201903 5.800 106.979 6.845
201906 5.731 107.690 6.719
201909 5.945 107.611 6.975
201912 5.895 107.769 6.906
202003 4.962 107.927 5.805
202006 5.050 108.401 5.882
202009 5.005 108.164 5.842
202012 5.937 108.559 6.905
202103 6.488 110.298 7.427
202106 11.713 111.720 13.237
202109 11.528 112.905 12.891
202112 12.250 113.774 13.594
202203 12.957 117.646 13.906
202206 12.661 120.806 13.232
202209 12.526 120.648 13.108
202212 11.240 120.964 11.732
202303 10.657 122.702 10.966
202306 10.042 124.203 10.208
202309 9.339 125.230 9.416
202312 8.567 125.072 8.648
202403 7.836 126.258 7.836

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.


Westport Fuel Systems  (STU:WPI) 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.


Westport Fuel Systems Cyclically Adjusted PB Ratio Related Terms

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


Westport Fuel Systems (STU:WPI) Business Description

Traded in Other Exchanges
Address
1750 West 75th Avenue, Suite 101, Vancouver, BC, CAN, V6P 6G2
Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.

Westport Fuel Systems (STU:WPI) Headlines

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