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Wirecard AG (XSWX:WDI) Cyclically Adjusted Book per Share : CHF0.00 (As of Sep. 2019)


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What is Wirecard AG 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.

Wirecard AG's adjusted book value per share for the three months ended in Sep. 2019 was CHF20.437. 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 CHF0.00 for the trailing ten years ended in Sep. 2019.

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 (2024-06-17), Wirecard AG's current stock price is CHF94.00. Wirecard AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 was CHF0.00. Wirecard AG's Cyclically Adjusted PB Ratio of today is .


Wirecard AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wirecard AG'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.

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Wirecard AG Cyclically Adjusted Book per Share Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Wirecard AG's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wirecard AG 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, Wirecard AG's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book= Book Value per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=20.437/106.0177*106.0177
=20.437

Current CPI (Sep. 2019) = 106.0177.

Wirecard AG Quarterly Data

Book Value per Share CPI Adj_Book
200912 3.612 92.919 4.121
201003 3.650 93.199 4.152
201006 3.551 93.199 4.039
201009 3.559 93.385 4.040
201012 3.649 94.132 4.110
201103 3.826 95.065 4.267
201106 3.629 95.158 4.043
201109 3.814 95.624 4.229
201112 4.112 95.998 4.541
201203 5.855 97.117 6.392
201206 5.901 96.744 6.467
201209 5.628 97.584 6.114
201212 5.838 97.957 6.318
201303 6.105 98.516 6.570
201306 6.190 98.516 6.661
201309 6.429 98.983 6.886
201312 6.630 99.356 7.075
201403 9.814 99.543 10.452
201406 9.888 99.543 10.531
201409 10.154 99.823 10.784
201412 10.448 99.543 11.128
201503 9.546 99.717 10.149
201506 9.512 100.417 10.043
201509 10.160 100.417 10.727
201512 11.233 99.717 11.943
201603 11.542 100.017 12.235
201606 11.819 100.717 12.441
201609 12.379 101.017 12.992
201612 12.910 101.217 13.522
201703 13.248 101.417 13.849
201706 13.312 102.117 13.820
201709 14.362 102.717 14.823
201712 15.504 102.617 16.018
201803 15.798 102.917 16.274
201806 16.233 104.017 16.545
201809 16.548 104.718 16.753
201812 17.560 104.217 17.863
201903 18.736 104.217 19.060
201906 19.380 105.718 19.435
201909 20.437 106.018 20.437

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


Wirecard AG  (XSWX:WDI) 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.


Be Aware

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


Wirecard AG Cyclically Adjusted Book per Share Related Terms

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


Wirecard AG (XSWX:WDI) Business Description

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Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.