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World Houseware holdings (World Houseware holdings) Cyclically Adjusted PB Ratio : 0.19 (As of May. 16, 2024)


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What is World Houseware holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), World Houseware holdings's current share price is $0.03. World Houseware holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.16. World Houseware holdings's Cyclically Adjusted PB Ratio for today is 0.19.

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

WHWRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.32   Max: 0.69
Current: 0.26

During the past 13 years, World Houseware holdings's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.16. And the median was 0.32.

WHWRF's Cyclically Adjusted PB Ratio is ranked better than
90.09% of 1191 companies
in the Construction industry
Industry Median: 1.11 vs WHWRF: 0.26

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.

World Houseware holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.235. 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 $0.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


World Houseware holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for World Houseware 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.

World Houseware holdings Cyclically Adjusted PB Ratio Chart

World Houseware holdings 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 0.26 0.22 0.49 0.32 0.19

World Houseware holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.49 - 0.32 - 0.19

Competitive Comparison of World Houseware holdings's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, World Houseware 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.


World Houseware holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, World Houseware holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



World Houseware 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.

World Houseware holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.16
=0.19

* 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.

World Houseware holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, World Houseware holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.235/117.2957*117.2957
=0.235

Current CPI (Dec23) = 117.2957.

World Houseware holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.169 99.707 0.199
201512 0.142 102.015 0.163
201612 0.125 103.225 0.142
201712 0.118 104.984 0.132
201812 0.302 107.622 0.329
201912 0.283 110.700 0.300
202012 0.313 109.711 0.335
202112 0.320 112.349 0.334
202212 0.269 114.548 0.275
202312 0.235 117.296 0.235

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.


World Houseware holdings  (OTCPK:WHWRF) 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.


World Houseware holdings Cyclically Adjusted PB Ratio Related Terms

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


World Houseware holdings (World Houseware holdings) Business Description

Traded in Other Exchanges
Address
16-18 Wah Sing Street, Flat C, 18th Floor, Bold Win Industrial Building, New Territories, Kwai Chung, Hong Kong, HKG
World Houseware holdings is an investment holding company. The company, along with its subsidiaries, operates in three segments. Its Household products segment is engaged in the manufacturing and distribution of household products, the PVC pipes and fittings segment manufactures and distributes PVC pipes and fittings, and the Property investment segment includes investment in properties. The firm generates a majority of its revenue from the PVC pipes and fittings segment.

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