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WSP Global (FRA:1W3) Cyclically Adjusted Book per Share : €26.66 (As of Mar. 2024)


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What is WSP Global Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

WSP Global's adjusted book value per share for the three months ended in Mar. 2024 was €35.059. 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 €26.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WSP Global's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of WSP Global was 12.80% per year. The lowest was 8.80% per year. And the median was 9.80% per year.

As of today (2024-05-28), WSP Global's current stock price is €139.00. WSP Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.66. WSP Global's Cyclically Adjusted PB Ratio of today is 5.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WSP Global was 6.21. The lowest was 2.16. And the median was 3.44.


WSP Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for WSP Global's Cyclically Adjusted Book per Share 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.

WSP Global Cyclically Adjusted Book per Share Chart

WSP Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.10 16.69 20.24 23.08 25.59

WSP Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 23.17 24.78 25.95 25.59 26.66

Competitive Comparison of WSP Global's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, WSP Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WSP Global Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, WSP Global'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)
=35.059/126.2576*126.2576
=35.059

Current CPI (Mar. 2024) = 126.2576.

WSP Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.908 99.473 17.653
201409 14.369 99.394 18.253
201412 17.082 98.367 21.925
201503 18.511 99.789 23.421
201506 18.827 100.500 23.652
201509 19.214 100.421 24.157
201512 19.670 99.947 24.848
201603 19.196 101.054 23.984
201606 19.181 102.002 23.742
201609 19.063 101.765 23.651
201612 20.048 101.449 24.951
201703 19.888 102.634 24.466
201706 19.123 103.029 23.434
201709 19.399 103.345 23.700
201712 18.981 103.345 23.189
201803 18.653 105.004 22.429
201806 19.512 105.557 23.338
201809 19.631 105.636 23.463
201812 20.414 105.399 24.454
201903 20.464 106.979 24.152
201906 20.517 107.690 24.054
201909 21.303 107.611 24.994
201912 21.489 107.769 25.176
202003 20.925 107.927 24.479
202006 23.244 108.401 27.073
202009 23.040 108.164 26.894
202012 23.064 108.559 26.824
202103 24.081 110.298 27.566
202106 25.551 111.720 28.876
202109 26.278 112.905 29.386
202112 27.381 113.774 30.385
202203 28.707 117.646 30.808
202206 29.678 120.806 31.017
202209 35.381 120.648 37.026
202212 33.534 120.964 35.002
202303 33.329 122.702 34.295
202306 34.121 124.203 34.685
202309 34.851 125.230 35.137
202312 34.700 125.072 35.029
202403 35.059 126.258 35.059

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


WSP Global  (FRA:1W3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

WSP Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=139.00/26.66
=5.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WSP Global was 6.21. The lowest was 2.16. And the median was 3.44.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


WSP Global Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of WSP Global's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


WSP Global (FRA:1W3) Business Description

Industry
Traded in Other Exchanges
Address
1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).

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