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The York Water Co (The York Water Co) Cyclically Adjusted PB Ratio : 3.13 (As of May. 15, 2024)


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What is The York Water Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), The York Water Co's current share price is $38.60. The York Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.35. The York Water Co's Cyclically Adjusted PB Ratio for today is 3.13.

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

YORW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.68   Med: 3.86   Max: 5.46
Current: 3.12

During the past years, The York Water Co's highest Cyclically Adjusted PB Ratio was 5.46. The lowest was 2.68. And the median was 3.86.

YORW's Cyclically Adjusted PB Ratio is ranked worse than
82.1% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs YORW: 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.

The York Water Co's adjusted book value per share data for the three months ended in Mar. 2024 was $15.542. 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 $12.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The York Water Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The York Water Co'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.

The York Water Co Cyclically Adjusted PB Ratio Chart

The York Water Co 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 5.11 4.96 4.83 3.96 3.16

The York Water Co 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 3.83 3.46 3.09 3.16 2.94

Competitive Comparison of The York Water Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, The York Water Co'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.


The York Water Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The York Water Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The York Water Co 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.

The York Water Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.60/12.35
=3.13

* 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.

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

For example, The York Water Co'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)
=15.542/129.4194*129.4194
=15.542

Current CPI (Mar. 2024) = 129.4194.

The York Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.920 100.560 10.193
201409 8.018 100.428 10.333
201412 8.150 99.070 10.647
201503 8.226 99.621 10.687
201506 8.332 100.684 10.710
201509 8.368 100.392 10.788
201512 8.513 99.792 11.040
201603 8.590 100.470 11.065
201606 8.702 101.688 11.075
201609 8.828 101.861 11.216
201612 8.875 101.863 11.276
201703 8.898 102.862 11.195
201706 8.972 103.349 11.235
201709 9.143 104.136 11.363
201712 9.276 104.011 11.542
201803 9.342 105.290 11.483
201806 9.463 106.317 11.519
201809 9.613 106.507 11.681
201812 9.750 105.998 11.904
201903 9.816 107.251 11.845
201906 9.952 108.070 11.918
201909 10.151 108.329 12.127
201912 10.310 108.420 12.307
202003 10.464 108.902 12.435
202006 10.632 108.767 12.651
202009 10.838 109.815 12.773
202012 10.968 109.897 12.916
202103 11.093 111.754 12.846
202106 11.284 114.631 12.740
202109 11.498 115.734 12.858
202112 11.639 117.630 12.806
202203 11.767 121.301 12.555
202206 14.104 125.017 14.601
202209 14.331 125.227 14.811
202212 14.503 125.222 14.989
202303 14.578 127.348 14.815
202306 14.854 128.729 14.934
202309 15.202 129.860 15.150
202312 15.432 129.419 15.432
202403 15.542 129.419 15.542

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.


The York Water Co  (NAS:YORW) 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.


The York Water Co Cyclically Adjusted PB Ratio Related Terms

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


The York Water Co (The York Water Co) Business Description

Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.
Executives
Steven R Rasmussen director 130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini officer: CAO & General Counsel 130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey officer: Vice President-Customer Svc 130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand officer: Chief Operating Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder officer: Vice President-Engineering 130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon officer: VP-Human Resources 130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff officer: Chief Financial Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman director 130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato officer: VP- Operations 130 EAST MARKET STREET, YORK PA 17401
Laura T Wand director 130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler officer: Chief Administrative Officer 130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq director 130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney director 130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller director 130 EAST MARKET STREET, YORK PA 17401-1219

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