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Want Want China Holdings (Want Want China Holdings) Cyclically Adjusted PB Ratio : 3.24 (As of Apr. 29, 2024)


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What is Want Want China Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Want Want China Holdings's current share price is $29.375. Want Want China Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was $9.08. Want Want China Holdings's Cyclically Adjusted PB Ratio for today is 3.24.

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

WWNTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.94   Med: 5.32   Max: 8.2
Current: 3.12

During the past 13 years, Want Want China Holdings's highest Cyclically Adjusted PB Ratio was 8.20. The lowest was 2.94. And the median was 5.32.

WWNTY's Cyclically Adjusted PB Ratio is ranked worse than
78.98% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs WWNTY: 3.12

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.

Want Want China Holdings's adjusted book value per share data of for the fiscal year that ended in Mar23 was $8.947. 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 $9.08 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Want Want China Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Want Want China 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.

Want Want China Holdings Cyclically Adjusted PB Ratio Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.66 4.54 4.46 5.16 3.49

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 5.16 - 3.49 -

Competitive Comparison of Want Want China Holdings's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Want Want China 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.


Want Want China Holdings's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Want Want China 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.

Want Want China Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.375/9.08
=3.24

* 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.

Want Want China Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Want Want China Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=8.947/115.4269*115.4269
=8.947

Current CPI (Mar23) = 115.4269.

Want Want China Holdings Annual Data

Book Value per Share CPI Adj_Book
201312 7.332 95.090 8.900
201412 7.672 99.707 8.882
201512 7.310 102.015 8.271
201612 7.080 103.225 7.917
201803 9.156 105.973 9.973
201903 9.193 108.172 9.810
202003 8.761 110.920 9.117
202103 9.474 111.579 9.801
202203 11.016 113.558 11.197
202303 8.947 115.427 8.947

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.


Want Want China Holdings  (OTCPK:WWNTY) 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.


Want Want China Holdings Cyclically Adjusted PB Ratio Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings (Want Want China Holdings) Headlines