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W-SCOPE (W-SCOPE) Cyclically Adjusted PB Ratio : 1.78 (As of Jun. 08, 2024)


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What is W-SCOPE Cyclically Adjusted PB Ratio?

As of today (2024-06-08), W-SCOPE's current share price is $9.76. W-SCOPE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $5.47. W-SCOPE's Cyclically Adjusted PB Ratio for today is 1.78.

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

WSPCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 2.05   Max: 6.04
Current: 0.79

During the past years, W-SCOPE's highest Cyclically Adjusted PB Ratio was 6.04. The lowest was 0.31. And the median was 2.05.

WSPCF's Cyclically Adjusted PB Ratio is ranked better than
80.68% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs WSPCF: 0.79

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.

W-SCOPE's adjusted book value per share data for the three months ended in Sep. 2023 was $6.600. 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 $5.47 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


W-SCOPE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for W-SCOPE'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.

W-SCOPE Cyclically Adjusted PB Ratio Chart

W-SCOPE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.78

W-SCOPE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.68 2.59 2.37 2.37 1.78

Competitive Comparison of W-SCOPE's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, W-SCOPE'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.


W-SCOPE's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W-SCOPE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



W-SCOPE 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.

W-SCOPE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.76/5.47
=1.78

* 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.

W-SCOPE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, W-SCOPE's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=6.6/106.2000*106.2000
=6.600

Current CPI (Sep. 2023) = 106.2000.

W-SCOPE Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.369 95.600 3.743
201403 3.336 95.700 3.702
201406 3.481 98.000 3.772
201409 3.477 98.500 3.749
201412 3.295 97.900 3.574
201503 3.311 97.900 3.592
201506 3.372 98.400 3.639
201509 3.392 98.500 3.657
201512 3.589 98.100 3.885
201603 3.804 97.900 4.127
201606 5.607 98.100 6.070
201609 6.053 98.000 6.559
201612 5.756 98.400 6.212
201703 6.155 98.100 6.663
201706 6.126 98.500 6.605
201709 6.060 98.800 6.514
201712 6.513 99.400 6.959
201803 6.322 99.200 6.768
201806 5.815 99.200 6.225
201809 5.825 99.900 6.192
201812 5.081 99.700 5.412
201903 4.622 99.700 4.923
201906 3.921 99.800 4.172
201909 3.461 100.100 3.672
201912 3.842 100.500 4.060
202003 3.191 100.300 3.379
202006 2.802 99.900 2.979
202009 2.443 99.900 2.597
202012 2.112 99.300 2.259
202103 2.145 99.900 2.280
202106 2.741 99.500 2.926
202109 4.883 100.100 5.181
202112 4.937 100.100 5.238
202203 5.155 101.100 5.415
202206 5.040 101.800 5.258
202209 6.054 103.100 6.236
202212 6.772 104.100 6.909
202303 6.767 104.400 6.884
202306 6.925 105.200 6.991
202309 6.600 106.200 6.600

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.


W-SCOPE  (OTCPK:WSPCF) 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.


W-SCOPE Cyclically Adjusted PB Ratio Related Terms

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


W-SCOPE (W-SCOPE) Business Description

Traded in Other Exchanges
Address
5-1-11,Osaki, 10F Sumitomo-Semei Gotanda Building, Shinagawa-ku, Tokyo, JPN, 141-0032
W-SCOPE Corp is a Japanese company which is engaged in manufacturing plastic film and sheets. The company mainly focuses on manufacturing and sale of separators for lithium-ion secondary cell batteries which are widely used in portable electronics such as mobile PCs and other devices.

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