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WSP Global (FRA:1W3) Cyclically Adjusted PB Ratio : 5.21 (As of May. 28, 2024)


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What is WSP Global Cyclically Adjusted PB Ratio?

As of today (2024-05-28), WSP Global's current share 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 for today is 5.21.

The historical rank and industry rank for WSP Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:1W3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.44   Max: 6.21
Current: 5.34

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

FRA:1W3's Cyclically Adjusted PB Ratio is ranked worse than
91.45% of 1216 companies
in the Construction industry
Industry Median: 1.11 vs FRA:1W3: 5.34

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


WSP Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WSP Global'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.

WSP Global Cyclically Adjusted PB Ratio Chart

WSP Global 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 3.60 4.55 6.12 4.59 4.88

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 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 5.01 4.80 5.12 4.88 5.78

Competitive Comparison of WSP Global's Cyclically Adjusted PB Ratio

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 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.

WSP Global's Cyclically Adjusted PB Ratio for 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.

WSP Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


WSP Global  (FRA:1W3) 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.


WSP Global Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of WSP Global's Cyclically Adjusted PB Ratio 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).

WSP Global (FRA:1W3) Headlines

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