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Wilson Bayly Holmes-Ovcon (FRA:WQ9) Cyclically Adjusted Book per Share : €5.44 (As of Dec. 2023)


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What is Wilson Bayly Holmes-Ovcon 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.

Wilson Bayly Holmes-Ovcon's adjusted book value per share data for the fiscal year that ended in Jun. 2023 was €3.634. 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 €5.44 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Wilson Bayly Holmes-Ovcon was 25.00% per year. The lowest was 2.30% per year. And the median was 12.65% per year.

As of today (2024-06-10), Wilson Bayly Holmes-Ovcon's current stock price is € 7.25. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun. 2023 was €5.44. Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wilson Bayly Holmes-Ovcon was 4.22. The lowest was 0.63. And the median was 1.47.


Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wilson Bayly Holmes-Ovcon'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.

Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Chart

Wilson Bayly Holmes-Ovcon Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 5.41 6.60 6.93 5.44

Wilson Bayly Holmes-Ovcon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 6.93 - 5.44 -

Competitive Comparison of Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.


Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio falls into.



Wilson Bayly Holmes-Ovcon 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, Wilson Bayly Holmes-Ovcon's adjusted Book Value per Share data for the fiscal year that ended in Jun. 2023 was:

Adj_Book=Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=3.634/148.8016*148.8016
=3.634

Current CPI (Jun. 2023) = 148.8016.

Wilson Bayly Holmes-Ovcon Annual Data

Book Value per Share CPI Adj_Book
201406 5.664 95.813 8.796
201506 5.980 100.173 8.883
201606 5.852 106.713 8.160
201706 6.882 112.054 9.139
201806 7.024 116.959 8.936
201906 6.701 122.191 8.160
202006 5.532 124.807 6.596
202106 6.200 131.113 7.036
202206 3.210 140.835 3.392
202306 3.634 148.802 3.634

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


Wilson Bayly Holmes-Ovcon  (FRA:WQ9) 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.

Wilson Bayly Holmes-Ovcon's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.25/5.44
=1.33

* 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 Wilson Bayly Holmes-Ovcon was 4.22. The lowest was 0.63. And the median was 1.47.


Be Aware

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


Wilson Bayly Holmes-Ovcon Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Wilson Bayly Holmes-Ovcon's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wilson Bayly Holmes-Ovcon (FRA:WQ9) Business Description

Traded in Other Exchanges
Address
53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominanlty come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Wilson Bayly Holmes-Ovconc operates in South Africa, United Kingdom and Rest of Africa. Substantial part of the overall revenue is generated from its operations in South Africa.

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