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Amiad Water Systems (XTAE:AMD) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 20, 2024)


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What is Amiad Water Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Amiad Water Systems's current share price is ₪9.24. Amiad Water Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₪11.15. Amiad Water Systems's Cyclically Adjusted PB Ratio for today is 0.83.

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

XTAE:AMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.26   Max: 1.53
Current: 0.84

During the past 13 years, Amiad Water Systems's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.80. And the median was 1.26.

XTAE:AMD's Cyclically Adjusted PB Ratio is ranked better than
79.14% of 2186 companies
in the Industrial Products industry
Industry Median: 1.84 vs XTAE:AMD: 0.84

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.

Amiad Water Systems's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₪9.680. 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 ₪11.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amiad Water Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amiad Water Systems'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.

Amiad Water Systems Cyclically Adjusted PB Ratio Chart

Amiad Water Systems 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 - - 1.62 1.32 0.89

Amiad Water Systems Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 - - - 0.89 -

Competitive Comparison of Amiad Water Systems's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Amiad Water Systems'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.


Amiad Water Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amiad Water Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amiad Water Systems 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.24/11.15
=0.83

* 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.

Amiad Water Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Amiad Water Systems'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)
=9.68/129.4194*129.4194
=9.680

Current CPI (Dec23) = 129.4194.

Amiad Water Systems Annual Data

Book Value per Share CPI Adj_Book
201412 8.674 99.070 11.331
201512 9.158 99.792 11.877
201612 8.984 101.863 11.414
201712 9.533 104.011 11.862
201812 9.427 105.998 11.510
201912 9.008 108.420 10.753
202012 9.700 109.897 11.423
202112 10.214 117.630 11.238
202212 10.201 125.222 10.543
202312 9.680 129.419 9.680

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.


Amiad Water Systems  (XTAE:AMD) 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.


Amiad Water Systems Cyclically Adjusted PB Ratio Related Terms

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


Amiad Water Systems (XTAE:AMD) Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.