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BQE Water (TSXV:BQE) Cyclically Adjusted PB Ratio : 8.29 (As of May. 14, 2024)


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What is BQE Water Cyclically Adjusted PB Ratio?

As of today (2024-05-14), BQE Water's current share price is C$65.00. BQE Water's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$7.84. BQE Water's Cyclically Adjusted PB Ratio for today is 8.29.

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

TSXV:BQE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.34   Max: 8.29
Current: 8.29

During the past years, BQE Water's highest Cyclically Adjusted PB Ratio was 8.29. The lowest was 0.06. And the median was 0.34.

TSXV:BQE's Cyclically Adjusted PB Ratio is ranked worse than
94.81% of 135 companies
in the Waste Management industry
Industry Median: 1.59 vs TSXV:BQE: 8.29

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.

BQE Water's adjusted book value per share data for the three months ended in Dec. 2023 was C$11.853. 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$7.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BQE Water Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BQE Water'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.

BQE Water Cyclically Adjusted PB Ratio Chart

BQE Water 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 0.57 1.81 2.95 3.61 3.76

BQE Water 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 3.61 3.89 3.42 3.57 3.76

Competitive Comparison of BQE Water's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, BQE Water'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.


BQE Water's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, BQE Water's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BQE Water 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.

BQE Water's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.00/7.84
=8.29

* 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.

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

For example, BQE Water'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)
=11.853/125.4675*125.4675
=11.853

Current CPI (Dec. 2023) = 125.4675.

BQE Water Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.533 98.604 8.313
201406 6.474 99.473 8.166
201409 8.009 99.394 10.110
201412 7.107 98.367 9.065
201503 7.184 99.789 9.033
201506 6.806 100.500 8.497
201509 7.417 100.421 9.267
201512 6.416 99.947 8.054
201603 5.272 101.054 6.546
201606 4.896 102.002 6.022
201609 5.202 101.765 6.414
201612 5.061 101.449 6.259
201703 4.464 102.634 5.457
201706 4.692 103.029 5.714
201709 5.471 103.345 6.642
201712 4.677 103.345 5.678
201803 4.413 105.004 5.273
201806 4.344 105.557 5.163
201809 5.043 105.636 5.990
201812 5.281 105.399 6.287
201903 5.044 106.979 5.916
201906 5.142 107.690 5.991
201909 5.741 107.611 6.694
201912 5.292 107.769 6.161
202003 5.645 107.927 6.562
202006 5.495 108.401 6.360
202009 6.812 108.164 7.902
202012 6.643 108.559 7.678
202103 6.183 110.298 7.033
202106 6.889 111.720 7.737
202109 8.340 112.905 9.268
202112 9.087 113.774 10.021
202203 9.160 117.646 9.769
202206 9.615 120.806 9.986
202209 10.142 120.648 10.547
202212 10.055 120.964 10.429
202303 9.812 122.702 10.033
202306 9.902 124.203 10.003
202309 11.650 125.230 11.672
202312 11.853 125.468 11.853

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.


BQE Water  (TSXV:BQE) 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.


BQE Water Cyclically Adjusted PB Ratio Related Terms

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


BQE Water (TSXV:BQE) Business Description

Traded in Other Exchanges
Address
900 Howe Street, Suite 250, Vancouver, BC, CAN, V6Z 2M4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. It has one operating segment, principally being an integrated water management services and treatment solutions provider.
Executives
Songlin Ye Senior Officer

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