Wingstop (FRA:WST) Cyclically Adjusted Book per Share: €-10.93 (As of Mar. 2026)


FRA:WST Wingstop Inc FRA:WST
82 GF Score
Price €143.90
GF Value €316.95
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Wingstop Cyclically Adjusted Book per Share?

Wingstop FRA:WST -0.48% 82 Cyclically Adjusted Book per Share is €-10.93 as of Mar. 2026. GuruFocus rates FRA:WST with a GF Score™ of 82/100 and a GF Value™ of €316.95 (Significantly Undervalued). The stock has 2 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.

Wingstop's adjusted book value per share for the three months ended in Mar. 2026 was €-25.385. 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 €-10.93 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-01), Wingstop's current stock price is €143.90. Wingstop's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €-10.93. Wingstop's Cyclically Adjusted PB Ratio of today is .


Wingstop  (FRA:WST) 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.


Be Aware

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


Wingstop Cyclically Adjusted Book per Share Related Terms


Wingstop Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wingstop'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.

Wingstop Cyclically Adjusted Book per Share Chart

Wingstop 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 0.00 0.00 -6.93 -8.61 -10.10

Wingstop Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.85 -9.18 -9.40 -10.10 -10.93

FRA:WST vs CAKE, SHAK, ARCO: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Wingstop'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.


Wingstop Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WST
82GF Score
Wingstop Inc FRA:WST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wingstop 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, Wingstop's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-25.385/330.2130*330.2130
=-25.385

Current CPI (Mar. 2026) = 330.2130.

Wingstop Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.003 241.018 -0.004
201609 -2.479 241.428 -3.391
201612 -2.461 241.432 -3.366
201703 -2.170 243.801 -2.939
201706 -1.874 244.955 -2.526
201709 -1.663 246.819 -2.225
201712 -1.697 246.524 -2.273
201803 -4.075 249.554 -5.392
201806 -4.114 251.989 -5.391
201809 -3.986 252.439 -5.214
201812 -6.746 251.233 -8.867
201903 -6.637 254.202 -8.622
201906 -6.504 256.143 -8.385
201909 -6.523 256.759 -8.389
201912 -6.399 256.974 -8.223
202003 -6.209 258.115 -7.943
202006 -5.781 257.797 -7.405
202009 -5.250 260.280 -6.661
202012 -9.451 260.474 -11.981
202103 -9.371 264.877 -11.683
202106 -8.992 271.696 -10.929
202109 -8.952 274.310 -10.776
202112 -9.181 278.802 -10.874
202203 -12.893 287.504 -14.808
202206 -13.139 296.311 -14.642
202209 -13.727 296.808 -15.272
202212 -12.327 296.797 -13.715
202303 -11.836 301.836 -12.949
202306 -11.249 305.109 -12.175
202309 -15.145 307.789 -16.248
202312 -14.296 306.746 -15.390
202403 -13.607 312.332 -14.386
202406 -13.871 314.175 -14.579
202409 -13.801 315.301 -14.454
202412 -22.509 315.605 -23.551
202503 -23.702 319.799 -24.474
202506 -21.299 322.561 -21.804
202509 -21.543 324.800 -21.902
202512 -22.846 324.054 -23.280
202603 -25.385 330.213 -25.385

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 €-10.93 mean?
Wingstop (FRA:WST) has a Cyclically Adjusted Book per Share of €-10.93 as of Mar. 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 Wingstop and its competitors.
Is Wingstop's Cyclically Adjusted Book per Share too high?
Wingstop's current Cyclically Adjusted Book per Share is €-10.93. Overall, Wingstop has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wingstop's Cyclically Adjusted Book per Share compare to CAKE and SHAK?
Wingstop's Cyclically Adjusted Book per Share of €-10.93 can be compared against companies in the Restaurants 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 Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants 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 Wingstop and its competitors. Wingstop's current Cyclically Adjusted Book per Share is €-10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingstop stock overvalued right now?
Based on GuruFocus' analysis, Wingstop (FRA:WST) is currently considered Significantly Undervalued. The stock's GF Value™ is €316.95, compared to a current price of €143.90 — trading 54.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €-10.93. Wingstop's overall GF Score™ is 82/100 with 2 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 Wingstop (FRA:WST), the current Cyclically Adjusted Book per Share is €-10.93 as of Mar. 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 Wingstop (FRA:WST) Overvalued in 2026?

Based on GuruFocus' analysis, Wingstop stock appears to be undervalued. The current stock price of €143.90 is trading 54.6% below its estimated GF Value™ of €316.95. GuruFocus considers Wingstop to be Significantly Undervalued.

Key valuation signals for FRA:WST:

  • Cyclically Adjusted Book per Share: €-10.93
  • GF Value™: €316.95 vs. price of €143.90 (54.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Wingstop Business Description

Other Exchanges WING:USAWST:Germany
Address 2801 N Central Expressway, Suite 1600, Dallas, TX, USA, 75204
Wingstop is a fast casual restaurant concept built around a simple chicken-centric menu. The firm primarily offers bone-in and boneless wings, tenders, and a chicken sandwich, customizable across 12 flavors. The banner generated $5.3 billion in system sales in 2025 across 3,056 units, with 85% located in the US. Wingstop largely operates as a franchisor, with 98% of units franchised, and earns revenue largely from collecting royalties and advertising fees paid by franchisees, with a smaller contribution from company-owned restaurant sales.
82GF Score

Get the complete analysis for FRA:WST

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

€143.90
Price
€316.95
GF Value