GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EnWave Corp (TSXV:ENW) » Definitions » Cyclically Adjusted PB Ratio

EnWave (TSXV:ENW) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 08, 2024)


View and export this data going back to 1999. Start your Free Trial

What is EnWave Cyclically Adjusted PB Ratio?

As of today (2024-06-08), EnWave's current share price is C$0.225. EnWave's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.20. EnWave's Cyclically Adjusted PB Ratio for today is 1.13.

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

TSXV:ENW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 7   Max: 20.78
Current: 1.13

During the past years, EnWave's highest Cyclically Adjusted PB Ratio was 20.78. The lowest was 1.10. And the median was 7.00.

TSXV:ENW's Cyclically Adjusted PB Ratio is ranked better than
69.9% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs TSXV:ENW: 1.13

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.

EnWave's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.082. 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 C$0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EnWave Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EnWave'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.

EnWave Cyclically Adjusted PB Ratio Chart

EnWave Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.10 4.04 5.31 2.24 1.40

EnWave 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 2.43 1.75 1.40 1.79 1.41

Competitive Comparison of EnWave's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, EnWave'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.


EnWave's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EnWave's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EnWave 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.

EnWave's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.225/0.2
=1.13

* 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.

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

For example, EnWave'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)
=0.082/126.2576*126.2576
=0.082

Current CPI (Mar. 2024) = 126.2576.

EnWave Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.205 99.473 0.260
201409 0.191 99.394 0.243
201412 0.176 98.367 0.226
201503 0.180 99.789 0.228
201506 0.116 100.500 0.146
201509 0.095 100.421 0.119
201512 0.134 99.947 0.169
201603 0.132 101.054 0.165
201606 0.133 102.002 0.165
201609 0.119 101.765 0.148
201612 0.112 101.449 0.139
201703 0.106 102.634 0.130
201706 0.103 103.029 0.126
201709 0.091 103.345 0.111
201712 0.169 103.345 0.206
201803 0.163 105.004 0.196
201806 0.166 105.557 0.199
201809 0.168 105.636 0.201
201812 0.181 105.399 0.217
201903 0.187 106.979 0.221
201906 0.275 107.690 0.322
201909 0.279 107.611 0.327
201912 0.271 107.769 0.317
202003 0.265 107.927 0.310
202006 0.254 108.401 0.296
202009 0.254 108.164 0.296
202012 0.242 108.559 0.281
202103 0.223 110.298 0.255
202106 0.227 111.720 0.257
202109 0.209 112.905 0.234
202112 0.206 113.774 0.229
202203 0.189 117.646 0.203
202206 0.175 120.806 0.183
202209 0.160 120.648 0.167
202212 0.142 120.964 0.148
202303 0.119 122.702 0.122
202306 0.103 124.203 0.105
202309 0.104 125.230 0.105
202312 0.094 125.072 0.095
202403 0.082 126.258 0.082

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.


EnWave  (TSXV:ENW) 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.


EnWave Cyclically Adjusted PB Ratio Related Terms

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


EnWave (TSXV:ENW) Business Description

Traded in Other Exchanges
Address
1668 Derwent Way, Unit 1, Delta, BC, CAN, V3M 6R9
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and the design, construction, marketing and sales of vacuum-microwave machinery for the food, cannabis and biomaterial dehydration industries. The Company's wholly-owned subsidiary, NutraDried Food Company, LLC manufactures, markets and sells certain dehydrated food products manufactured using EnWave's proprietary technology.
Executives
Dylan Murray Senior Officer

EnWave (TSXV:ENW) Headlines

No Headlines