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WNS (Holdings) (WNS (Holdings)) Cyclically Adjusted PB Ratio : 3.57 (As of May. 01, 2024)


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What is WNS (Holdings) Cyclically Adjusted PB Ratio?

As of today (2024-05-01), WNS (Holdings)'s current share price is $49.02. WNS (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.74. WNS (Holdings)'s Cyclically Adjusted PB Ratio for today is 3.57.

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

WNS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 5.44   Max: 8.22
Current: 3.74

During the past years, WNS (Holdings)'s highest Cyclically Adjusted PB Ratio was 8.22. The lowest was 2.44. And the median was 5.44.

WNS's Cyclically Adjusted PB Ratio is ranked worse than
63.16% of 1311 companies
in the Software industry
Industry Median: 2.54 vs WNS: 3.74

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.

WNS (Holdings)'s adjusted book value per share data for the three months ended in Dec. 2023 was $17.560. 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 $13.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WNS (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WNS (Holdings)'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.

WNS (Holdings) Cyclically Adjusted PB Ratio Chart

WNS (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 6.95 7.49 7.39 -

WNS (Holdings) 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 7.39 5.64 5.11 4.60 -

Competitive Comparison of WNS (Holdings)'s Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, WNS (Holdings)'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.


WNS (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, WNS (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WNS (Holdings)'s Cyclically Adjusted PB Ratio falls into.



WNS (Holdings) 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.

WNS (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.02/13.74
=3.57

* 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.

WNS (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, WNS (Holdings)'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)
=17.56/153.2548*153.2548
=17.560

Current CPI (Dec. 2023) = 153.2548.

WNS (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.329 91.425 10.609
201406 6.613 94.103 10.770
201409 6.824 96.780 10.806
201412 7.059 96.780 11.178
201503 7.490 97.163 11.814
201506 7.277 99.841 11.170
201509 7.222 101.753 10.877
201512 7.481 102.901 11.142
201603 7.956 102.518 11.893
201606 7.657 105.961 11.075
201609 8.033 105.961 11.618
201612 7.904 105.196 11.515
201703 8.299 105.196 12.090
201706 8.661 107.109 12.392
201709 8.524 109.021 11.982
201712 9.362 109.404 13.114
201803 9.814 109.786 13.700
201806 9.393 111.317 12.932
201809 8.970 115.142 11.939
201812 10.185 115.142 13.556
201903 11.037 118.202 14.310
201906 10.857 120.880 13.765
201909 10.986 123.175 13.669
201912 11.863 126.235 14.402
202003 11.805 124.705 14.508
202006 12.356 127.000 14.910
202009 13.471 130.118 15.866
202012 14.060 130.889 16.463
202103 13.847 131.771 16.105
202106 13.064 134.084 14.932
202109 13.798 135.847 15.566
202112 14.678 138.161 16.282
202203 15.435 138.822 17.040
202206 14.633 142.347 15.754
202209 14.312 144.661 15.162
202212 15.351 145.763 16.140
202303 16.566 146.865 17.287
202306 16.060 150.280 16.378
202309 17.179 151.492 17.379
202312 17.560 153.255 17.560

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.


WNS (Holdings)  (NYSE:WNS) 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.


WNS (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


WNS (Holdings) (WNS (Holdings)) Business Description

Industry
Traded in Other Exchanges
Address
Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli (West), Mumbai, MH, IND, 400 079
WNS (Holdings) Ltd is a Global provider of business process management (BPM) services, offering comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model. The company has two reportable segments namely WNS Global BPM and WNS Auto Claims BPM. It generates maximum revenue from WNS Global BPM segment. Geographically, it derives a majority of revenue from the USA and also has a presence in the UK, Australia, Europe, South Africa and Rest of the world.