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The North West Co (TSX:NWC) Cyclically Adjusted PB Ratio : 3.69 (As of May. 14, 2024)


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What is The North West Co Cyclically Adjusted PB Ratio?

As of today (2024-05-14), The North West Co's current share price is C$38.87. The North West Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$10.53. The North West Co's Cyclically Adjusted PB Ratio for today is 3.69.

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

TSX:NWC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 4.08   Max: 5.02
Current: 3.68

During the past years, The North West Co's highest Cyclically Adjusted PB Ratio was 5.02. The lowest was 2.51. And the median was 4.08.

TSX:NWC's Cyclically Adjusted PB Ratio is ranked worse than
77.98% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.59 vs TSX:NWC: 3.68

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.

The North West Co's adjusted book value per share data for the three months ended in Jan. 2024 was C$14.390. 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 C$10.53 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The North West Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The North West Co'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.

The North West Co Cyclically Adjusted PB Ratio Chart

The North West Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.68 4.15 4.07 3.75 3.69

The North West Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.75 3.99 3.15 3.41 3.69

Competitive Comparison of The North West Co's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, The North West Co'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.


The North West Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The North West Co 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.

The North West Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.87/10.53
=3.69

* 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.

The North West Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The North West Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=14.39/125.4675*125.4675
=14.390

Current CPI (Jan. 2024) = 125.4675.

The North West Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.611 98.920 8.385
201407 6.657 99.315 8.410
201410 6.800 99.473 8.577
201501 6.790 98.209 8.675
201504 6.731 99.710 8.470
201507 6.968 100.579 8.692
201510 7.095 100.500 8.858
201601 7.370 100.184 9.230
201604 7.133 101.370 8.829
201607 7.073 101.844 8.714
201610 7.417 102.002 9.123
201701 7.577 102.318 9.291
201704 7.613 103.029 9.271
201707 7.514 103.029 9.150
201710 7.696 103.424 9.336
201801 7.396 104.056 8.918
201804 7.735 105.320 9.215
201807 7.829 106.110 9.257
201810 8.308 105.952 9.838
201901 8.173 105.557 9.715
201904 8.442 107.453 9.857
201907 8.246 108.243 9.558
201910 8.485 107.927 9.864
202001 8.490 108.085 9.855
202004 8.576 107.216 10.036
202007 9.477 108.401 10.969
202010 9.805 108.638 11.324
202101 10.106 109.192 11.612
202104 10.550 110.851 11.941
202107 10.977 112.431 12.250
202110 11.280 113.695 12.448
202201 11.774 114.801 12.868
202204 12.181 118.357 12.913
202207 12.462 120.964 12.926
202210 13.036 121.517 13.460
202301 13.195 121.596 13.615
202304 13.294 123.571 13.498
202307 13.412 124.914 13.471
202310 14.226 125.310 14.244
202401 14.390 125.468 14.390

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.


The North West Co  (TSX:NWC) 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.


The North West Co Cyclically Adjusted PB Ratio Related Terms

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


The North West Co (TSX:NWC) Business Description

Traded in Other Exchanges
Address
77 Main Street, Winnipeg, MB, CAN, R3C 2R1
The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. The company generates maximum revenue from Canada.
Executives
Leanne Flewitt Senior Officer

The North West Co (TSX:NWC) Headlines

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