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Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Cyclically Adjusted PB Ratio : 1.24 (As of May. 23, 2024)


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What is Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Wilh. Wilhelmsen Holding ASA's current share price is $34.40. Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.78. Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio for today is 1.24.

The historical rank and industry rank for Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

WLHSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.6   Max: 1.04
Current: 0.83

During the past years, Wilh. Wilhelmsen Holding ASA's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.31. And the median was 0.60.

WLHSF's Cyclically Adjusted PB Ratio is ranked better than
68.47% of 704 companies
in the Transportation industry
Industry Median: 1.255 vs WLHSF: 0.83

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.

Wilh. Wilhelmsen Holding ASA's adjusted book value per share data for the three months ended in Mar. 2024 was $61.887. 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 $27.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wilh. Wilhelmsen Holding ASA'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.

Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Chart

Wilh. Wilhelmsen Holding ASA 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 0.55 0.53 0.58 0.69 0.82

Wilh. Wilhelmsen Holding ASA 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 0.64 0.66 0.73 0.82 0.76

Competitive Comparison of Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.


Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio falls into.



Wilh. Wilhelmsen Holding ASA 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.

Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.40/27.78
=1.24

* 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.

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

For example, Wilh. Wilhelmsen Holding ASA'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)
=61.887/132.6000*132.6000
=61.887

Current CPI (Mar. 2024) = 132.6000.

Wilh. Wilhelmsen Holding ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.117 97.500 55.919
201409 41.505 98.500 55.874
201412 40.083 98.600 53.905
201503 40.535 99.200 54.183
201506 41.548 100.100 55.038
201509 35.687 100.600 47.039
201512 37.799 100.900 49.674
201603 40.622 102.500 52.551
201606 40.622 103.800 51.893
201609 42.238 104.200 53.750
201612 42.884 104.400 54.468
201703 43.854 105.000 55.381
201706 42.130 105.800 52.802
201709 42.367 105.900 53.049
201712 42.561 106.100 53.191
201803 45.363 107.300 56.059
201806 39.760 108.500 48.591
201809 41.160 109.500 49.843
201812 39.141 109.800 47.269
201903 39.932 110.400 47.962
201906 41.721 110.600 50.020
201909 41.700 111.100 49.770
201912 42.058 111.300 50.107
202003 33.109 111.200 39.481
202006 35.285 112.100 41.738
202009 38.919 112.900 45.710
202012 45.043 112.900 52.903
202103 45.222 114.600 52.325
202106 46.568 115.300 53.555
202109 44.145 117.500 49.818
202112 45.065 118.900 50.258
202203 48.228 119.800 53.381
202206 45.626 122.600 49.348
202209 44.145 125.600 46.605
202212 51.099 125.900 53.818
202303 50.628 127.600 52.612
202306 55.251 130.400 56.183
202309 58.198 129.800 59.453
202312 61.140 131.900 61.464
202403 61.887 132.600 61.887

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.


Wilh. Wilhelmsen Holding ASA  (OTCPK:WLHSF) 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.


Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Related Terms

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Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Business Description

Address
Strandveien 20, Lysaker, NOR, NO-1366
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Headlines

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