GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TWC Enterprises Ltd (STU:4TW) » Definitions » Cyclically Adjusted PB Ratio

TWC Enterprises (STU:4TW) Cyclically Adjusted PB Ratio : 1.11 (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is TWC Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-05-26), TWC Enterprises's current share price is €11.40. TWC Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €10.30. TWC Enterprises's Cyclically Adjusted PB Ratio for today is 1.11.

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

STU:4TW' 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.

STU:4TW's Cyclically Adjusted PB Ratio is ranked better than
56.21% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs STU:4TW: 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 €14.783. 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 €10.30 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
=11.40/10.3
=1.11

* 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)
=14.783/125.0724*125.0724
=14.783

Current CPI (Dec. 2023) = 125.0724.

TWC Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.717 98.604 5.983
201406 4.863 99.473 6.114
201409 5.502 99.394 6.923
201412 5.339 98.367 6.788
201503 5.584 99.789 6.999
201506 5.529 100.500 6.881
201509 5.769 100.421 7.185
201512 5.555 99.947 6.951
201603 5.325 101.054 6.591
201606 5.512 102.002 6.759
201609 5.885 101.765 7.233
201612 6.179 101.449 7.618
201703 5.945 102.634 7.245
201706 5.779 103.029 7.015
201709 6.292 103.345 7.615
201712 5.642 103.345 6.828
201803 5.226 105.004 6.225
201806 5.639 105.557 6.682
201809 10.423 105.636 12.341
201812 10.515 105.399 12.478
201903 10.529 106.979 12.310
201906 10.561 107.690 12.266
201909 11.094 107.611 12.894
201912 11.159 107.769 12.951
202003 9.840 107.927 11.403
202006 9.988 108.401 11.524
202009 10.420 108.164 12.049
202012 10.629 108.559 12.246
202103 11.055 110.298 12.536
202106 11.327 111.720 12.681
202109 11.814 112.905 13.087
202112 13.934 113.774 15.318
202203 14.381 117.646 15.289
202206 14.976 120.806 15.505
202209 15.798 120.648 16.377
202212 14.555 120.964 15.049
202303 14.039 122.702 14.310
202306 14.437 124.203 14.538
202309 14.902 125.230 14.883
202312 14.783 125.072 14.783

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  (STU:4TW) 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 (STU:4TW) 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.

TWC Enterprises (STU:4TW) Headlines

No Headlines