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Wittchen (WAR:WTN) Cyclically Adjusted PB Ratio : 3.26 (As of Jun. 03, 2024)


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What is Wittchen Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Wittchen's current share price is zł31.40. Wittchen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł9.62. Wittchen's Cyclically Adjusted PB Ratio for today is 3.26.

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

WAR:WTN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 3.17   Max: 3.5
Current: 3.26

During the past years, Wittchen's highest Cyclically Adjusted PB Ratio was 3.50. The lowest was 2.91. And the median was 3.17.

WAR:WTN's Cyclically Adjusted PB Ratio is ranked worse than
79.36% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs WAR:WTN: 3.26

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.

Wittchen's adjusted book value per share data for the three months ended in Mar. 2024 was zł12.098. 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 zł9.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wittchen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wittchen'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.

Wittchen Cyclically Adjusted PB Ratio Chart

Wittchen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Wittchen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 3.06

Competitive Comparison of Wittchen's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Wittchen'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.


Wittchen's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wittchen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wittchen 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.

Wittchen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.40/9.62
=3.26

* 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.

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

For example, Wittchen'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)
=12.098/149.0435*149.0435
=12.098

Current CPI (Mar. 2024) = 149.0435.

Wittchen Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.215 100.285 0.320
201312 1.678 101.018 2.476
201406 0.000 101.180 0.000
201412 2.995 100.122 4.458
201503 0.000 100.041 0.000
201506 0.352 100.448 0.522
201509 0.000 99.634 0.000
201512 5.687 99.471 8.521
201603 5.798 98.983 8.730
201606 5.412 99.552 8.103
201609 5.574 99.064 8.386
201612 6.184 100.366 9.183
201703 6.109 101.018 9.013
201706 5.370 101.180 7.910
201709 5.688 101.343 8.365
201712 6.574 102.564 9.553
201803 6.727 102.564 9.776
201806 6.155 103.378 8.874
201809 6.752 103.378 9.735
201812 7.443 103.785 10.689
201903 7.571 104.274 10.822
201906 6.741 105.983 9.480
201909 6.969 105.983 9.800
201912 8.245 107.123 11.472
202003 8.124 109.076 11.101
202006 8.037 109.402 10.949
202009 8.277 109.320 11.285
202012 8.967 109.565 12.198
202103 8.943 112.658 11.831
202106 9.355 113.960 12.235
202109 10.076 115.588 12.992
202112 11.275 119.088 14.111
202203 11.543 125.031 13.760
202206 9.060 131.705 10.253
202209 10.076 135.531 11.081
202212 11.720 139.113 12.557
202303 12.311 145.950 12.572
202306 9.684 147.009 9.818
202309 10.647 146.113 10.861
202403 12.098 149.044 12.098

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.


Wittchen  (WAR:WTN) 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.


Wittchen Cyclically Adjusted PB Ratio Related Terms

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


Wittchen (WAR:WTN) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ogrodowa 27/29, Lomianki, POL, 05-092
Wittchen SA is a Poland based company engaged in selling luxurious leather goods for Woman and Man. The product portfolio of the company includes Handbags, Gallantry, Clothing, Footwear, and Additives.

Wittchen (WAR:WTN) Headlines

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