TOWTF (Tower One Wireless) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Tower One Wireless Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tower One Wireless  (OTCPK:TOWTF) 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.


Tower One Wireless Cyclically Adjusted PB Ratio Related Terms


Tower One Wireless Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tower One Wireless'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.

Tower One Wireless Cyclically Adjusted PB Ratio Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.00 0.00 0.00 0.00 0.00

TOWTF vs VZ, CMCSA, TMUS: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Tower One Wireless'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.


Tower One Wireless Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tower One Wireless's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tower One Wireless 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.

Tower One Wireless's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Tower One Wireless's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.042/120.6479*120.6479
=-0.042

Current CPI (Sep. 2022) = 120.6479.

Tower One Wireless Quarterly Data

Book Value per Share CPI Adj_Book
201212 -0.535 95.760 -0.674
201303 -0.662 97.103 -0.823
201306 -0.622 97.182 -0.772
201309 -0.670 97.419 -0.830
201312 -0.331 96.945 -0.412
201403 0.000 98.604 0.000
201406 -0.492 99.473 -0.597
201409 -0.579 99.394 -0.703
201412 -0.585 98.367 -0.718
201503 -0.527 99.789 -0.637
201506 -0.594 100.500 -0.713
201509 -0.318 100.421 -0.382
201512 -0.325 99.947 -0.392
201603 -0.200 101.054 -0.239
201606 -0.292 102.002 -0.345
201609 -0.050 101.765 -0.059
201612 -0.035 101.449 -0.042
201703 0.148 102.634 0.174
201706 0.000 103.029 0.000
201709 0.031 103.345 0.036
201712 0.025 103.345 0.029
201803 0.030 105.004 0.034
201806 0.022 105.557 0.025
201809 0.011 105.636 0.013
201812 -0.003 105.399 -0.003
201903 0.009 106.979 0.010
201906 -0.008 107.690 -0.009
201909 -0.024 107.611 -0.027
201912 -0.040 107.769 -0.045
202003 -0.034 107.927 -0.038
202006 -0.040 108.401 -0.045
202009 -0.051 108.164 -0.057
202012 -0.057 108.559 -0.063
202103 -0.058 110.298 -0.063
202106 -0.071 111.720 -0.077
202109 -0.069 112.905 -0.074
202112 -0.093 113.774 -0.099
202203 -0.078 117.646 -0.080
202206 -0.090 120.806 -0.090
202209 -0.042 120.648 -0.042

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.


Tower One Wireless Business Description

Address 535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.