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Alkaline Water Co (XCNQ:WTER) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Alkaline Water Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alkaline Water Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alkaline Water Co'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.

Alkaline Water Co Cyclically Adjusted PB Ratio Chart

Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.90 1.31

Alkaline Water Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.28 2.79 1.44 1.31 0.92

Competitive Comparison of Alkaline Water Co's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Alkaline Water Co'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.


Alkaline Water Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Alkaline Water Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alkaline Water Co 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.

Alkaline Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Alkaline Water Co's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.073/128.7287*128.7287
=-0.073

Current CPI (Jun. 2023) = 128.7287.

Alkaline Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.443 98.790 0.577
201312 0.104 98.326 0.136
201403 -0.253 99.695 -0.327
201406 0.516 100.560 0.661
201409 0.565 100.428 0.724
201412 0.515 99.070 0.669
201503 0.119 99.621 0.154
201506 -0.028 100.684 -0.036
201509 -0.080 100.392 -0.103
201512 -0.293 99.792 -0.378
201603 0.137 100.470 0.176
201606 0.110 101.688 0.139
201609 0.049 101.861 0.062
201612 0.018 101.863 0.023
201703 0.062 102.862 0.078
201706 0.049 103.349 0.061
201709 0.024 104.136 0.030
201712 -0.020 104.011 -0.025
201803 0.023 105.290 0.028
201806 0.135 106.317 0.163
201809 0.220 106.507 0.266
201812 0.130 105.998 0.158
201903 0.384 107.251 0.461
201906 0.276 108.070 0.329
201909 0.216 108.329 0.257
201912 0.134 108.420 0.159
202003 0.050 108.902 0.059
202006 0.113 108.767 0.134
202009 0.103 109.815 0.121
202012 0.032 109.897 0.037
202103 0.158 111.754 0.182
202106 0.098 114.631 0.110
202109 0.179 115.734 0.199
202112 0.095 117.630 0.104
202203 0.005 121.301 0.005
202206 0.007 125.017 0.007
202209 0.030 125.227 0.031
202212 0.011 125.222 0.011
202303 -0.049 127.348 -0.050
202306 -0.073 128.729 -0.073

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.


Alkaline Water Co  (XCNQ:WTER) 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.


Alkaline Water Co Cyclically Adjusted PB Ratio Related Terms

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Alkaline Water Co (XCNQ:WTER) Business Description

Traded in Other Exchanges
Address
8541 E. Anderson Drive, Suite 100, Scottsdale, AZ, USA, 85255
Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.