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John Wiley & Sons (FRA:2F70) Cyclically Adjusted Book per Share : €20.50 (As of Jan. 2024)


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What is John Wiley & Sons Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

John Wiley & Sons's adjusted book value per share for the three months ended in Jan. 2024 was €12.550. 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 €20.50 for the trailing ten years ended in Jan. 2024.

During the past 12 months, John Wiley & Sons's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of John Wiley & Sons was 18.50% per year. The lowest was 3.80% per year. And the median was 10.40% per year.

As of today (2024-06-07), John Wiley & Sons's current stock price is €32.20. John Wiley & Sons's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €20.50. John Wiley & Sons's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of John Wiley & Sons was 4.70. The lowest was 1.29. And the median was 2.88.


John Wiley & Sons Cyclically Adjusted Book per Share Historical Data

The historical data trend for John Wiley & Sons's Cyclically Adjusted Book per Share 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.

John Wiley & Sons Cyclically Adjusted Book per Share Chart

John Wiley & Sons Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16.97 21.34 19.73

John Wiley & Sons Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 19.69 19.73 22.93 26.30 20.50

Competitive Comparison of John Wiley & Sons's Cyclically Adjusted Book per Share

For the Publishing subindustry, John Wiley & Sons'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.


John Wiley & Sons's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, John Wiley & Sons's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where John Wiley & Sons's Cyclically Adjusted PB Ratio falls into.



John Wiley & Sons Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, John Wiley & Sons's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=12.55/130.1244*130.1244
=12.550

Current CPI (Jan. 2024) = 130.1244.

John Wiley & Sons Quarterly Data

Book Value per Share CPI Adj_Book
201404 14.495 100.023 18.857
201407 15.054 100.520 19.488
201410 15.579 100.176 20.237
201501 15.911 98.604 20.997
201504 16.568 99.824 21.597
201507 16.767 100.691 21.668
201510 16.383 100.346 21.245
201601 16.211 99.957 21.103
201604 15.873 100.947 20.461
201607 15.963 101.524 20.460
201610 15.492 101.988 19.766
201701 16.581 102.456 21.059
201704 16.372 103.167 20.650
201707 15.328 103.278 19.312
201710 15.669 104.070 19.592
201801 16.694 104.578 20.772
201804 16.901 105.708 20.805
201807 17.465 106.324 21.375
201810 17.766 106.695 21.667
201901 18.348 106.200 22.481
201904 18.566 107.818 22.407
201907 17.882 108.250 21.495
201910 18.979 108.577 22.745
202001 19.249 108.841 23.013
202004 15.377 108.173 18.497
202007 15.127 109.318 18.006
202010 15.483 109.861 18.339
202101 15.633 110.364 18.432
202104 16.338 112.673 18.869
202107 16.322 115.183 18.439
202110 17.127 116.696 19.098
202201 17.765 118.619 19.488
202204 18.975 121.978 20.242
202207 19.101 125.002 19.884
202210 19.697 125.734 20.385
202301 17.186 126.223 17.717
202304 17.243 127.992 17.530
202307 15.346 128.974 15.483
202310 14.970 129.810 15.006
202401 12.550 130.124 12.550

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


John Wiley & Sons  (FRA:2F70) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

John Wiley & Sons's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.20/20.5
=1.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of John Wiley & Sons was 4.70. The lowest was 1.29. And the median was 2.88.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


John Wiley & Sons Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of John Wiley & Sons's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


John Wiley & Sons (FRA:2F70) Business Description

Traded in Other Exchanges
Address
111 River Street, Hoboken, NJ, USA, 07030
John Wiley & Sons Inc is one of the foremost global providers of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. Wiley derived more than 85% of its total revenue from digital products and tech-enabled services, The company has reorganized our Education lines of business into two new customer-centric segments. The Academic segment addresses the university customer group and includes Academic Publishing and University Services. The Talent segment addresses the corporate customer group and is focused on delivering training, sourcing, and upskilling solutions.

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