Headwaters (Headwaters) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)

Headwaters Cyclically Adjusted PB Ratio Chart

Headwaters Annual Data
	Trend	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					-	-	-	-	-

Headwaters Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Headwaters's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Headwaters'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.

Headwaters's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Headwaters's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Headwaters 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.

Headwaters's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Headwaters's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Current CPI (Mar. 2017) = 102.8622.

Headwaters Quarterly Data

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.

Headwaters  (NYSE:HW) 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.

Headwaters Cyclically Adjusted PB Ratio Related Terms

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

Headwaters (Headwaters) Business Description