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Wall Financial (TSX:WFC) Cyclically Adjusted PB Ratio : 4.00 (As of May. 25, 2024)


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What is Wall Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Wall Financial's current share price is C$20.10. Wall Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$5.02. Wall Financial's Cyclically Adjusted PB Ratio for today is 4.00.

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

TSX:WFC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.49   Med: 4.53   Max: 10.95
Current: 4.14

During the past years, Wall Financial's highest Cyclically Adjusted PB Ratio was 10.95. The lowest was 2.49. And the median was 4.53.

TSX:WFC's Cyclically Adjusted PB Ratio is ranked worse than
94.92% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs TSX:WFC: 4.14

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.

Wall Financial's adjusted book value per share data for the three months ended in Jan. 2024 was C$4.892. 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 C$5.02 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wall Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wall Financial'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.

Wall Financial Cyclically Adjusted PB Ratio Chart

Wall Financial Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.95 4.86 3.52 3.22 5.22

Wall Financial Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.22 3.72 3.89 3.60 5.22

Competitive Comparison of Wall Financial's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Wall Financial'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.


Wall Financial's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wall Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wall Financial 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.

Wall Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.10/5.02
=4.00

* 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.

Wall Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Wall Financial's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=4.892/125.0724*125.0724
=4.892

Current CPI (Jan. 2024) = 125.0724.

Wall Financial Quarterly Data

Book Value per Share CPI Adj_Book
201404 2.866 98.920 3.624
201407 2.381 99.315 2.999
201410 2.467 99.473 3.102
201501 2.529 98.209 3.221
201504 2.524 99.710 3.166
201507 2.647 100.579 3.292
201510 2.755 100.500 3.429
201601 3.230 100.184 4.032
201604 3.221 101.370 3.974
201607 3.603 101.844 4.425
201610 3.493 102.002 4.283
201701 3.493 102.318 4.270
201704 3.565 103.029 4.328
201707 3.267 103.029 3.966
201710 3.403 103.424 4.115
201801 3.359 104.056 4.037
201804 3.344 105.320 3.971
201807 3.609 106.110 4.254
201810 2.885 105.952 3.406
201901 3.978 105.557 4.713
201904 6.148 107.453 7.156
201907 5.152 108.243 5.953
201910 5.483 107.927 6.354
202001 5.585 108.085 6.463
202004 5.471 107.216 6.382
202007 5.426 108.401 6.260
202010 5.423 108.638 6.243
202101 5.675 109.192 6.500
202104 5.393 110.851 6.085
202107 5.573 112.431 6.200
202110 5.626 113.695 6.189
202201 5.703 114.801 6.213
202204 6.707 118.357 7.088
202207 6.994 120.964 7.232
202210 7.217 121.517 7.428
202301 7.268 121.596 7.476
202304 4.346 123.571 4.399
202307 4.615 124.914 4.621
202310 4.897 125.310 4.888
202401 4.892 125.072 4.892

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.


Wall Financial  (TSX:WFC) 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.


Wall Financial Cyclically Adjusted PB Ratio Related Terms

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


Wall Financial (TSX:WFC) Business Description

Traded in Other Exchanges
N/A
Address
1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9
Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).
Executives
David Eugene Gruber Director