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George Weston (George Weston) Cyclically Adjusted PB Ratio : 3.23 (As of Apr. 30, 2024)


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What is George Weston Cyclically Adjusted PB Ratio?

As of today (2024-04-30), George Weston's current share price is $133.17. George Weston's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $41.19. George Weston's Cyclically Adjusted PB Ratio for today is 3.23.

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

WNGRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.19   Max: 3.27
Current: 3.26

During the past years, George Weston's highest Cyclically Adjusted PB Ratio was 3.27. The lowest was 1.66. And the median was 2.19.

WNGRF's Cyclically Adjusted PB Ratio is ranked worse than
74.43% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.59 vs WNGRF: 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.

George Weston's adjusted book value per share data for the three months ended in Dec. 2023 was $32.483. 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 $41.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


George Weston Cyclically Adjusted PB Ratio Historical Data

The historical data trend for George Weston'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.

George Weston Cyclically Adjusted PB Ratio Chart

George Weston 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 1.99 1.87 2.78 3.05 2.92

George Weston Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.05 3.21 2.78 2.66 2.92

Competitive Comparison of George Weston's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, George Weston'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.


George Weston's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



George Weston 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.

George Weston's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=133.17/41.19
=3.23

* 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.

George Weston's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, George Weston's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.483/125.4675*125.4675
=32.483

Current CPI (Dec. 2023) = 125.4675.

George Weston Quarterly Data

Book Value per Share CPI Adj_Book
201403 39.047 98.604 49.685
201406 45.843 99.473 57.823
201409 44.866 99.394 56.635
201412 43.879 98.367 55.968
201503 40.995 99.789 51.544
201506 41.553 100.500 51.876
201509 39.926 100.421 49.884
201512 39.216 99.947 49.229
201603 39.582 101.054 49.145
201606 40.616 102.002 49.960
201609 41.275 101.765 50.889
201612 40.720 101.449 50.361
201703 40.569 102.634 49.595
201706 40.795 103.029 49.680
201709 45.498 103.345 55.238
201712 43.576 103.345 52.904
201803 42.656 105.004 50.969
201806 41.814 105.557 49.701
201809 41.788 105.636 49.633
201812 35.052 105.399 41.726
201903 31.751 106.979 37.238
201906 32.194 107.690 37.508
201909 31.855 107.611 37.141
201912 33.563 107.769 39.075
202003 34.234 107.927 39.798
202006 33.209 108.401 38.437
202009 34.608 108.164 40.144
202012 35.834 108.559 41.415
202103 35.347 110.298 40.208
202106 35.059 111.720 39.373
202109 32.773 112.905 36.420
202112 32.689 113.774 36.049
202203 32.983 117.646 35.176
202206 33.507 120.806 34.800
202209 34.713 120.648 36.100
202212 31.544 120.964 32.718
202303 32.127 122.702 32.851
202306 33.687 124.203 34.030
202309 34.007 125.230 34.071
202312 32.483 125.468 32.483

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.


George Weston  (OTCPK:WNGRF) 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.


George Weston Cyclically Adjusted PB Ratio Related Terms

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


George Weston (George Weston) Business Description

Address
22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7
George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (George Weston) Headlines

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