GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Current Water Technologies Inc (OTCPK:ENPRF) » Definitions » Cyclically Adjusted PB Ratio

Current Water Technologies (Current Water Technologies) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Current Water Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Current Water Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Current Water Technologies'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.

Current Water Technologies Cyclically Adjusted PB Ratio Chart

Current Water Technologies 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 3.01 - 6.96 6.21 -

Current Water Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.21 - - 5.18 -

Competitive Comparison of Current Water Technologies's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Current Water Technologies'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.


Current Water Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Current Water Technologies 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.

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

For example, Current Water Technologies'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)
=0/125.0724*125.0724
=0.000

Current CPI (Dec. 2023) = 125.0724.

Current Water Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.004 98.604 0.005
201406 0.003 99.473 0.004
201409 0.003 99.394 0.004
201412 0.000 98.367 0.000
201503 0.001 99.789 0.001
201506 0.003 100.500 0.004
201509 0.001 100.421 0.001
201512 0.009 99.947 0.011
201603 0.007 101.054 0.009
201606 0.006 102.002 0.007
201609 0.006 101.765 0.007
201612 0.002 101.449 0.002
201703 0.003 102.634 0.004
201706 0.003 103.029 0.004
201709 0.004 103.345 0.005
201712 0.000 103.345 0.000
201803 0.021 105.004 0.025
201806 0.020 105.557 0.024
201809 0.018 105.636 0.021
201812 -0.002 105.399 -0.002
201903 -0.002 106.979 -0.002
201906 -0.001 107.690 -0.001
201909 -0.001 107.611 -0.001
201912 -0.002 107.769 -0.002
202003 -0.001 107.927 -0.001
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.005 110.298 0.006
202106 0.005 111.720 0.006
202109 0.003 112.905 0.003
202112 0.001 113.774 0.001
202203 0.001 117.646 0.001
202206 0.000 120.806 0.000
202209 0.001 120.648 0.001
202212 -0.002 120.964 -0.002
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.001 125.230 0.001
202312 0.000 125.072 0.000

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.


Current Water Technologies  (OTCPK:ENPRF) 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.


Current Water Technologies Cyclically Adjusted PB Ratio Related Terms

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


Current Water Technologies (Current Water Technologies) Business Description

Traded in Other Exchanges
Address
70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5
Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

Current Water Technologies (Current Water Technologies) Headlines

From GuruFocus

Current Water Retains Paradox for Investor Relations

By GlobeNewswire GlobeNewswire 11-14-2018

CWTI's Pumptronics Division – Equipment Sales of $517,001

By GlobeNewswire GlobeNewswire 06-30-2020

Private Placement for up to $500,000

By GlobeNewswire GlobeNewswire 10-31-2018

Current Water Technologies Inc. 2022 AGSM Results

By GlobeNewswire GlobeNewswire 12-23-2022

Current Water Technologies Grants Stock Options

By GlobeNewswire GlobeNewswire 01-14-2022

Current Water Retains Proconsul For Investor Relations

By GlobeNewswire GlobeNewswire 10-16-2020

CWTI's Pumptronics Division - Equipment Sales of $178,242

By GlobeNewswire GlobeNewswire 04-04-2019

Current Water Technologies Grants Stock Options (Revised)

By GlobeNewswire GlobeNewswire 09-07-2019

Current Water Technologies Grants Stock Options

By GlobeNewswire GlobeNewswire 06-15-2019