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Winnebago Industries (FRA:WI1) Cyclically Adjusted PB Ratio : 2.29 (As of May. 31, 2024)


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What is Winnebago Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Winnebago Industries's current share price is €53.50. Winnebago Industries's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €23.38. Winnebago Industries's Cyclically Adjusted PB Ratio for today is 2.29.

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

FRA:WI1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.95   Max: 7.98
Current: 2.36

During the past years, Winnebago Industries's highest Cyclically Adjusted PB Ratio was 7.98. The lowest was 2.19. And the median was 3.95.

FRA:WI1's Cyclically Adjusted PB Ratio is ranked worse than
68.11% of 972 companies
in the Vehicles & Parts industry
Industry Median: 1.31 vs FRA:WI1: 2.36

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.

Winnebago Industries's adjusted book value per share data for the three months ended in Feb. 2024 was €41.908. 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 €23.38 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Winnebago Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Winnebago Industries'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.

Winnebago Industries Cyclically Adjusted PB Ratio Chart

Winnebago Industries Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 4.71 4.77 3.00 2.74

Winnebago Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.98 2.47 2.74 2.63 2.78

Competitive Comparison of Winnebago Industries's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, Winnebago Industries'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.


Winnebago Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Winnebago Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Winnebago Industries 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.

Winnebago Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.50/23.38
=2.29

* 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.

Winnebago Industries's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Winnebago Industries's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=41.908/130.9299*130.9299
=41.908

Current CPI (Feb. 2024) = 130.9299.

Winnebago Industries Quarterly Data

Book Value per Share CPI Adj_Book
201405 4.950 100.373 6.457
201408 5.352 100.352 6.983
201411 5.833 99.635 7.665
201502 6.608 99.032 8.736
201505 7.003 100.333 9.139
201508 7.362 100.548 9.587
201511 8.416 100.135 11.004
201602 8.306 100.040 10.871
201605 8.511 101.355 10.994
201608 8.898 101.617 11.465
201611 11.680 101.829 15.018
201702 11.969 102.779 15.247
201705 11.926 103.256 15.122
201708 11.841 103.587 14.967
201711 12.298 104.072 15.472
201802 12.225 105.052 15.236
201805 13.572 106.148 16.741
201808 14.678 106.383 18.065
201811 15.498 106.338 19.082
201902 15.969 106.649 19.605
201905 17.111 108.048 20.735
201908 18.035 108.245 21.815
201911 21.161 108.519 25.531
202002 21.860 109.139 26.225
202005 21.400 108.175 25.901
202008 20.783 109.662 24.814
202011 22.009 109.793 26.246
202102 23.228 110.968 27.406
202105 24.781 113.576 28.567
202108 27.172 115.421 30.823
202111 30.496 117.269 34.048
202202 32.542 119.703 35.594
202205 37.707 123.323 40.033
202208 41.125 124.958 43.091
202211 41.446 125.607 43.202
202302 40.818 126.928 42.105
202305 41.470 128.314 42.315
202308 42.099 129.538 42.552
202311 42.846 129.548 43.303
202402 41.908 130.930 41.908

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.


Winnebago Industries  (FRA:WI1) 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.


Winnebago Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Winnebago Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Winnebago Industries (FRA:WI1) Business Description

Traded in Other Exchanges
Address
13200 Pioneer Trail, Eden Prairie, MN, USA, 55347
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.

Winnebago Industries (FRA:WI1) Headlines

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