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West Holdings (TSE:1407) Cyclically Adjusted PB Ratio : 3.66 (As of Jan. 18, 2025)


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What is West Holdings Cyclically Adjusted PB Ratio?

As of today (2025-01-18), West Holdings's current share price is 円1806.00. West Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円493.94. West Holdings's Cyclically Adjusted PB Ratio for today is 3.66.

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

TSE:1407' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 6.91   Max: 22.88
Current: 3.66

During the past years, West Holdings's highest Cyclically Adjusted PB Ratio was 22.88. The lowest was 2.34. And the median was 6.91.

TSE:1407's Cyclically Adjusted PB Ratio is ranked worse than
87.5% of 264 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.155 vs TSE:1407: 3.66

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.

West Holdings's adjusted book value per share data for the three months ended in Aug. 2024 was 円837.828. 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 円493.94 for the trailing ten years ended in Aug. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for West Holdings'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.

West Holdings Cyclically Adjusted PB Ratio Chart

West Holdings Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.01 16.75 12.44 6.67 5.49

West Holdings Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 6.99 6.47 5.92 5.49 -

Competitive Comparison of West Holdings's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, West Holdings'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.


West Holdings's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



West Holdings 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.

West Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1806.00/493.94
=3.66

* 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.

West Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 is calculated as:

For example, West Holdings's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book=Book Value per Share/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=837.828/109.1000*109.1000
=837.828

Current CPI (Aug. 2024) = 109.1000.

West Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201411 199.447 97.900 222.264
201502 235.489 97.600 263.236
201505 241.890 98.700 267.378
201508 280.787 98.400 311.320
201511 267.633 98.100 297.643
201602 269.626 97.800 300.779
201605 261.675 98.200 290.720
201608 312.474 97.900 348.222
201611 287.725 98.600 318.365
201702 302.603 98.100 336.534
201705 304.381 98.600 336.795
201708 327.610 98.500 362.865
201711 305.481 99.100 336.307
201802 318.159 99.500 348.856
201805 327.914 99.300 360.276
201808 372.219 99.800 406.905
201811 360.266 100.000 393.050
201902 378.863 99.700 414.583
201905 390.690 100.000 426.243
201908 425.117 100.000 463.803
201911 417.228 100.500 452.931
202002 437.966 100.300 476.392
202005 447.594 100.100 487.837
202008 499.968 100.100 544.920
202011 490.652 99.500 537.991
202102 513.560 99.800 561.417
202105 535.166 99.400 587.390
202108 622.662 99.700 681.368
202111 577.873 100.100 629.830
202202 613.807 100.700 665.008
202205 584.858 101.800 626.798
202208 677.151 102.700 719.349
202211 626.787 103.900 658.157
202302 648.920 104.000 680.742
202305 696.135 105.100 722.629
202308 771.881 105.900 795.205
202311 738.023 106.900 753.211
202402 764.564 106.900 780.299
202405 745.438 108.100 752.334
202408 837.828 109.100 837.828

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.


West Holdings  (TSE:1407) 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.


West Holdings Cyclically Adjusted PB Ratio Related Terms

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


West Holdings Business Description

Traded in Other Exchanges
N/A
Address
3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

West Holdings Headlines

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