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WNS (Holdings) (WNS (Holdings)) Cyclically Adjusted Book per Share : $13.74 (As of Dec. 2023)


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What is WNS (Holdings) 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.

WNS (Holdings)'s adjusted book value per share for the three months ended in Dec. 2023 was $17.560. 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 $13.74 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-01), WNS (Holdings)'s current stock price is $49.02. WNS (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.74. WNS (Holdings)'s Cyclically Adjusted PB Ratio of today is 3.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WNS (Holdings) was 8.22. The lowest was 2.44. And the median was 5.44.


WNS (Holdings) Cyclically Adjusted Book per Share Historical Data

The historical data trend for WNS (Holdings)'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.

WNS (Holdings) Cyclically Adjusted Book per Share Chart

WNS (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.62 10.42 11.41 12.61 -

WNS (Holdings) 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 12.61 13.07 13.39 13.74 -

Competitive Comparison of WNS (Holdings)'s Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, WNS (Holdings)'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.


WNS (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, WNS (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WNS (Holdings)'s Cyclically Adjusted PB Ratio falls into.



WNS (Holdings) 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, WNS (Holdings)'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)
=17.56/153.2548*153.2548
=17.560

Current CPI (Dec. 2023) = 153.2548.

WNS (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.329 91.425 10.609
201406 6.613 94.103 10.770
201409 6.824 96.780 10.806
201412 7.059 96.780 11.178
201503 7.490 97.163 11.814
201506 7.277 99.841 11.170
201509 7.222 101.753 10.877
201512 7.481 102.901 11.142
201603 7.956 102.518 11.893
201606 7.657 105.961 11.075
201609 8.033 105.961 11.618
201612 7.904 105.196 11.515
201703 8.299 105.196 12.090
201706 8.661 107.109 12.392
201709 8.524 109.021 11.982
201712 9.362 109.404 13.114
201803 9.814 109.786 13.700
201806 9.393 111.317 12.932
201809 8.970 115.142 11.939
201812 10.185 115.142 13.556
201903 11.037 118.202 14.310
201906 10.857 120.880 13.765
201909 10.986 123.175 13.669
201912 11.863 126.235 14.402
202003 11.805 124.705 14.508
202006 12.356 127.000 14.910
202009 13.471 130.118 15.866
202012 14.060 130.889 16.463
202103 13.847 131.771 16.105
202106 13.064 134.084 14.932
202109 13.798 135.847 15.566
202112 14.678 138.161 16.282
202203 15.435 138.822 17.040
202206 14.633 142.347 15.754
202209 14.312 144.661 15.162
202212 15.351 145.763 16.140
202303 16.566 146.865 17.287
202306 16.060 150.280 16.378
202309 17.179 151.492 17.379
202312 17.560 153.255 17.560

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


WNS (Holdings)  (NYSE:WNS) 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.

WNS (Holdings)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.02/13.74
=3.57

* 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 WNS (Holdings) was 8.22. The lowest was 2.44. And the median was 5.44.


Be Aware

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


WNS (Holdings) Cyclically Adjusted Book per Share Related Terms

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


WNS (Holdings) (WNS (Holdings)) Business Description

Industry
Traded in Other Exchanges
Address
Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli (West), Mumbai, MH, IND, 400 079
WNS (Holdings) Ltd is a Global provider of business process management (BPM) services, offering comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model. The company has two reportable segments namely WNS Global BPM and WNS Auto Claims BPM. It generates maximum revenue from WNS Global BPM segment. Geographically, it derives a majority of revenue from the USA and also has a presence in the UK, Australia, Europe, South Africa and Rest of the world.