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WSP Global (WSP Global) Cyclically Adjusted PB Ratio : 5.40 (As of May. 13, 2024)


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What is WSP Global Cyclically Adjusted PB Ratio?

As of today (2024-05-13), WSP Global's current share price is $157.95. WSP Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.25. WSP Global's Cyclically Adjusted PB Ratio for today is 5.40.

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

WSPOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.44   Max: 6.21
Current: 5.64

During the past years, WSP Global's highest Cyclically Adjusted PB Ratio was 6.21. The lowest was 2.16. And the median was 3.44.

WSPOF's Cyclically Adjusted PB Ratio is ranked worse than
92.58% of 1186 companies
in the Construction industry
Industry Median: 1.115 vs WSPOF: 5.64

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.

WSP Global's adjusted book value per share data for the three months ended in Mar. 2024 was $38.108. 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 $29.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WSP Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WSP Global'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.

WSP Global Cyclically Adjusted PB Ratio Chart

WSP Global 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 3.60 4.55 6.12 4.59 4.87

WSP Global 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 5.01 4.80 5.12 4.87 5.81

Competitive Comparison of WSP Global's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, WSP Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WSP Global 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.

WSP Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=157.95/29.25
=5.40

* 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.

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

For example, WSP Global'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)
=38.108/125.4675*125.4675
=38.108

Current CPI (Mar. 2024) = 125.4675.

WSP Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.897 99.473 23.835
201409 18.517 99.394 23.374
201412 21.063 98.367 26.866
201503 20.034 99.789 25.189
201506 21.130 100.500 26.379
201509 21.564 100.421 26.942
201512 21.427 99.947 26.898
201603 21.377 101.054 26.542
201606 21.551 102.002 26.509
201609 21.395 101.765 26.378
201612 21.148 101.449 26.155
201703 21.270 102.634 26.002
201706 21.486 103.029 26.165
201709 23.121 103.345 28.070
201712 22.463 103.345 27.272
201803 22.999 105.004 27.481
201806 22.795 105.557 27.095
201809 22.907 105.636 27.207
201812 23.224 105.399 27.646
201903 23.124 106.979 27.120
201906 23.183 107.690 27.010
201909 23.461 107.611 27.354
201912 23.876 107.769 27.797
202003 23.121 107.927 26.879
202006 26.176 108.401 30.297
202009 27.137 108.164 31.478
202012 28.058 108.559 32.428
202103 28.668 110.298 32.611
202106 30.784 111.720 34.572
202109 30.916 112.905 34.356
202112 30.939 113.774 34.119
202203 31.615 117.646 33.717
202206 31.372 120.806 32.583
202209 35.030 120.648 36.429
202212 35.524 120.964 36.847
202303 35.684 122.702 36.488
202306 36.967 124.203 37.343
202309 37.194 125.230 37.264
202312 37.841 125.468 37.841
202403 38.108 125.468 38.108

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.


WSP Global  (OTCPK:WSPOF) 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.


WSP Global Cyclically Adjusted PB Ratio Related Terms

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


WSP Global (WSP Global) Business Description

Traded in Other Exchanges
Address
1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).