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Wirecard AG (XSWX:WDI) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)


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What is Wirecard AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wirecard AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wirecard AG'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.

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Wirecard AG Cyclically Adjusted PB Ratio Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Wirecard AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wirecard AG 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.

Wirecard AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Wirecard AG's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=20.437/106.0177*106.0177
=20.437

Current CPI (Sep. 2019) = 106.0177.

Wirecard AG Quarterly Data

Book Value per Share CPI Adj_Book
200912 3.612 92.919 4.121
201003 3.650 93.199 4.152
201006 3.551 93.199 4.039
201009 3.559 93.385 4.040
201012 3.649 94.132 4.110
201103 3.826 95.065 4.267
201106 3.629 95.158 4.043
201109 3.814 95.624 4.229
201112 4.112 95.998 4.541
201203 5.855 97.117 6.392
201206 5.901 96.744 6.467
201209 5.628 97.584 6.114
201212 5.838 97.957 6.318
201303 6.105 98.516 6.570
201306 6.190 98.516 6.661
201309 6.429 98.983 6.886
201312 6.630 99.356 7.075
201403 9.814 99.543 10.452
201406 9.888 99.543 10.531
201409 10.154 99.823 10.784
201412 10.448 99.543 11.128
201503 9.546 99.717 10.149
201506 9.512 100.417 10.043
201509 10.160 100.417 10.727
201512 11.233 99.717 11.943
201603 11.542 100.017 12.235
201606 11.819 100.717 12.441
201609 12.379 101.017 12.992
201612 12.910 101.217 13.522
201703 13.248 101.417 13.849
201706 13.312 102.117 13.820
201709 14.362 102.717 14.823
201712 15.504 102.617 16.018
201803 15.798 102.917 16.274
201806 16.233 104.017 16.545
201809 16.548 104.718 16.753
201812 17.560 104.217 17.863
201903 18.736 104.217 19.060
201906 19.380 105.718 19.435
201909 20.437 106.018 20.437

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.


Wirecard AG  (XSWX:WDI) 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.


Wirecard AG Cyclically Adjusted PB Ratio Related Terms

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Wirecard AG (XSWX:WDI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.