Walker & Dunlop (FRA:5WD) Cyclically Adjusted Book per Share: €40.80 (As of Jun. 2026)

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FRA:5WD Walker & Dunlop Inc FRA:5WD
64 GF Score
Price €36.60
GF Value €81.24
! 10 Warning Signs
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What is Walker & Dunlop Cyclically Adjusted Book per Share?

Walker & Dunlop FRA:5WD +1.10% 64 Cyclically Adjusted Book per Share is €40.80 as of Jun. 2026. GuruFocus rates FRA:5WD with a GF Score™ of 64/100 and a GF Value™ of €81.24. The stock has 10 warning signs investors should review.

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.

Walker & Dunlop's adjusted book value per share for the three months ended in Jun. 2026 was €44.561. 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 €40.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Walker & Dunlop's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.60% 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 Walker & Dunlop was 21.30% per year. The lowest was 12.70% per year. And the median was 18.45% per year.

As of today (2026-08-15), Walker & Dunlop's current stock price is €36.60. Walker & Dunlop's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €40.80. Walker & Dunlop's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walker & Dunlop was 6.21. The lowest was 0.89. And the median was 2.76.


Walker & Dunlop  (FRA:5WD) 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.

Walker & Dunlop's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.60/40.80
=0.90

* 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 Walker & Dunlop was 6.21. The lowest was 0.89. And the median was 2.76.


Be Aware

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


Walker & Dunlop Cyclically Adjusted Book per Share Related Terms


Walker & Dunlop Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Walker & Dunlop'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.

Walker & Dunlop Cyclically Adjusted Book per Share Chart

Walker & Dunlop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.38 29.39 32.91 38.75 38.12

Walker & Dunlop Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 36.51 37.37 38.12 39.61 40.80

FRA:5WD vs VEL, UWMC, LDI: Cyclically Adjusted Book per Share Comparison

For the Mortgage Finance subindustry, Walker & Dunlop'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.


Walker & Dunlop Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Walker & Dunlop's Cyclically Adjusted PB Ratio falls into.


FRA:5WD
64GF Score
Walker & Dunlop Inc FRA:5WD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Walker & Dunlop 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, Walker & Dunlop's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=44.561/333.9520*333.9520
=44.561

Current CPI (Jun. 2026) = 333.9520.

Walker & Dunlop Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.233 241.428 23.837
201612 19.576 241.432 27.078
201703 19.991 243.801 27.383
201706 20.139 244.955 27.456
201709 19.928 246.819 26.963
201712 22.786 246.524 30.867
201803 22.243 249.554 29.765
201806 24.457 251.989 32.412
201809 25.404 252.439 33.607
201812 26.883 251.233 35.734
201903 27.258 254.202 35.810
201906 28.336 256.143 36.944
201909 30.183 256.759 39.257
201912 31.034 256.974 40.330
202003 30.921 258.115 40.006
202006 31.888 257.797 41.308
202009 30.920 260.280 39.672
202012 32.052 260.474 41.094
202103 33.764 264.877 42.569
202106 34.594 271.696 42.521
202109 37.198 274.310 45.286
202112 42.806 278.802 51.273
202203 44.683 287.504 51.902
202206 47.809 296.311 53.882
202209 51.928 296.808 58.427
202212 49.229 296.797 55.392
202303 48.163 301.836 53.288
202306 47.935 305.109 52.466
202309 48.772 307.789 52.918
202312 48.083 306.746 52.348
202403 47.684 312.332 50.985
202406 47.573 314.175 50.568
202409 46.418 315.301 49.164
202412 50.286 315.605 53.209
202503 48.053 319.799 50.180
202506 45.473 322.561 47.079
202509 45.058 324.800 46.328
202512 44.351 324.054 45.706
202603 44.772 330.213 45.279
202606 44.561 333.952 44.561

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

What does a Cyclically Adjusted Book per Share of €40.80 mean?
Walker & Dunlop (FRA:5WD) has a Cyclically Adjusted Book per Share of €40.80 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Walker & Dunlop and its competitors.
Is Walker & Dunlop's Cyclically Adjusted Book per Share too high?
Walker & Dunlop's current Cyclically Adjusted Book per Share is €40.80. Overall, Walker & Dunlop has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Walker & Dunlop's Cyclically Adjusted Book per Share compare to VEL and UWMC?
Walker & Dunlop's Cyclically Adjusted Book per Share of €40.80 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Walker & Dunlop and its competitors. Walker & Dunlop's current Cyclically Adjusted Book per Share is €40.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walker & Dunlop stock overvalued right now?
Walker & Dunlop (FRA:5WD) has a current Cyclically Adjusted Book per Share of €40.80. The stock's GF Value™ is €81.24, compared to a current price of €36.60 — trading 54.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €40.80. Walker & Dunlop's overall GF Score™ is 64/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Walker & Dunlop (FRA:5WD), the current Cyclically Adjusted Book per Share is €40.80 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Walker & Dunlop (FRA:5WD) Overvalued in 2026?

Based on GuruFocus' analysis, Walker & Dunlop stock appears to be undervalued. The current stock price of €36.60 is trading 54.9% below its estimated GF Value™ of €81.24.

Key valuation signals for FRA:5WD:

  • Cyclically Adjusted Book per Share: €40.80
  • GF Value™: €81.24 vs. price of €36.60 (54.9% below fair value)
  • GF Score™: 64/100 with 10 warning signs

No single metric tells the full story. See the FRA:5WD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Walker & Dunlop Business Description

Other Exchanges WD:USA0A8P:UK
Address 7272 Wisconsin Avenue, Suite 1300, Bethesda, MD, USA, 20814
Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling, and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company is managed based on three reportable segments: Capital Markets (CM), Servicing & Asset Management (SAM), and Corporate. The company generates a majority of its total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
64GF Score

Get the complete analysis for FRA:5WD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.60
Price
€81.24
GF Value