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TWC Enterprises (TWC Enterprises) Cyclically Adjusted PB Ratio : 1.12 (As of May. 26, 2024)


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What is TWC Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-05-26), TWC Enterprises's current share price is $13.06. TWC Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.62. TWC Enterprises's Cyclically Adjusted PB Ratio for today is 1.12.

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

CLKXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.56   Max: 2.53
Current: 1.15

During the past years, TWC Enterprises's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 0.84. And the median was 1.56.

CLKXF's Cyclically Adjusted PB Ratio is ranked better than
56.21% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs CLKXF: 1.15

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.

TWC Enterprises's adjusted book value per share data for the three months ended in Dec. 2023 was $16.120. 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 $11.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TWC Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TWC Enterprises'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.

TWC Enterprises Cyclically Adjusted PB Ratio Chart

TWC Enterprises 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 1.40 1.53 1.51 1.27 1.07

TWC Enterprises 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 1.22 1.23 1.15 1.07 -

Competitive Comparison of TWC Enterprises's Cyclically Adjusted PB Ratio

For the Leisure subindustry, TWC Enterprises'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.


TWC Enterprises's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TWC Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TWC Enterprises's Cyclically Adjusted PB Ratio falls into.



TWC Enterprises 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.

TWC Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.06/11.62
=1.12

* 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.

TWC Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TWC Enterprises's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.12/125.0724*125.0724
=16.120

Current CPI (Dec. 2023) = 125.0724.

TWC Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.524 98.604 8.275
201406 6.608 99.473 8.309
201409 7.090 99.394 8.922
201412 6.583 98.367 8.370
201503 6.044 99.789 7.575
201506 6.205 100.500 7.722
201509 6.475 100.421 8.064
201512 6.052 99.947 7.573
201603 5.930 101.054 7.339
201606 6.193 102.002 7.594
201609 6.605 101.765 8.118
201612 6.518 101.449 8.036
201703 6.358 102.634 7.748
201706 6.493 103.029 7.882
201709 7.499 103.345 9.076
201712 6.677 103.345 8.081
201803 6.444 105.004 7.676
201806 6.588 105.557 7.806
201809 12.162 105.636 14.400
201812 11.963 105.399 14.196
201903 11.897 106.979 13.909
201906 11.933 107.690 13.859
201909 12.218 107.611 14.201
201912 12.399 107.769 14.390
202003 10.873 107.927 12.600
202006 11.248 108.401 12.978
202009 12.273 108.164 14.191
202012 12.931 108.559 14.898
202103 13.161 110.298 14.924
202106 13.647 111.720 15.278
202109 13.898 112.905 15.396
202112 15.744 113.774 17.307
202203 15.838 117.646 16.838
202206 15.830 120.806 16.389
202209 15.642 120.648 16.216
202212 15.418 120.964 15.942
202303 15.031 122.702 15.321
202306 15.642 124.203 15.751
202309 15.904 125.230 15.884
202312 16.120 125.072 16.120

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.


TWC Enterprises  (OTCPK:CLKXF) 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.


TWC Enterprises Cyclically Adjusted PB Ratio Related Terms

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


TWC Enterprises (TWC Enterprises) Business Description

Traded in Other Exchanges
Address
15675 Dufferin Street, King City, ON, CAN, L7B 1K5
TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operation and United States golf club operation. It generates maximum revenue from the Canadian golf club operation segment.