GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wi2Wi Corp (TSXV:YTY) » Definitions » Cyclically Adjusted PB Ratio

Wi2Wi (TSXV:YTY) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 03, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Wi2Wi Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Wi2Wi's current share price is C$0.025. Wi2Wi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.05. Wi2Wi's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for Wi2Wi's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:YTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.28   Max: 0.8
Current: 0.46

During the past years, Wi2Wi's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.05. And the median was 0.28.

TSXV:YTY's Cyclically Adjusted PB Ratio is ranked better than
88.23% of 1886 companies
in the Hardware industry
Industry Median: 1.68 vs TSXV:YTY: 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.

Wi2Wi's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.032. 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$0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wi2Wi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wi2Wi'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.

Wi2Wi Cyclically Adjusted PB Ratio Chart

Wi2Wi 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 0.34 0.35 0.57 0.58 0.58

Wi2Wi 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 0.44 0.42 0.61 0.58 0.74

Competitive Comparison of Wi2Wi's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Wi2Wi'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.


Wi2Wi's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wi2Wi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wi2Wi's Cyclically Adjusted PB Ratio falls into.



Wi2Wi 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.

Wi2Wi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.025/0.05
=0.50

* 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.

Wi2Wi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wi2Wi'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)
=0.032/131.7762*131.7762
=0.032

Current CPI (Mar. 2024) = 131.7762.

Wi2Wi Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.037 100.560 -0.048
201409 -0.013 100.428 -0.017
201412 0.013 99.070 0.017
201503 0.021 99.621 0.028
201506 0.023 100.684 0.030
201509 0.027 100.392 0.035
201512 0.057 99.792 0.075
201603 0.053 100.470 0.070
201606 0.052 101.688 0.067
201609 0.053 101.861 0.069
201612 0.057 101.863 0.074
201703 0.057 102.862 0.073
201706 0.054 103.349 0.069
201709 0.050 104.136 0.063
201712 0.053 104.011 0.067
201803 0.054 105.290 0.068
201806 0.055 106.317 0.068
201809 0.055 106.507 0.068
201812 0.058 105.998 0.072
201903 0.058 107.251 0.071
201906 0.059 108.070 0.072
201909 0.061 108.329 0.074
201912 0.063 108.420 0.077
202003 0.067 108.902 0.081
202006 0.062 108.767 0.075
202009 0.057 109.815 0.068
202012 0.056 109.897 0.067
202103 0.052 111.754 0.061
202106 0.051 114.631 0.059
202109 0.053 115.734 0.060
202112 0.055 117.630 0.062
202203 0.051 121.301 0.055
202206 0.048 125.017 0.051
202209 0.047 125.227 0.049
202212 0.047 125.222 0.049
202303 0.045 127.348 0.047
202306 0.040 128.729 0.041
202309 0.038 129.860 0.039
202312 0.035 129.419 0.036
202403 0.032 131.776 0.032

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.


Wi2Wi  (TSXV:YTY) 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.


Wi2Wi Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Wi2Wi's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Wi2Wi (TSXV:YTY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8840 N. Greenview Drive, Middleton, WI, USA, 53562
Wi2Wi Corp is a vertically-integrated technology company. It designs, manufactures and markets wireless connectivity solutions, global navigation satellite system modules, and frequency control devices. The company's products and services address numerous applications in the markets of the Internet of Things, machine to machine, avionics, space, and government-sponsored projects. The company also provides custom software to its wireless connectivity customers.

Wi2Wi (TSXV:YTY) Headlines

No Headlines