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Walgreens Boots Alliance (LTS:0LSZ) Cyclically Adjusted Book per Share : $30.15 (As of Feb. 2025)


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What is Walgreens Boots Alliance 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.

Walgreens Boots Alliance's adjusted book value per share for the three months ended in Feb. 2025 was $8.225. 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 $30.15 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Walgreens Boots Alliance's average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Walgreens Boots Alliance was 18.00% per year. The lowest was 4.20% per year. And the median was 11.60% per year.

As of today (2025-05-12), Walgreens Boots Alliance's current stock price is $11.18. Walgreens Boots Alliance's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $30.15. Walgreens Boots Alliance's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walgreens Boots Alliance was 5.68. The lowest was 0.27. And the median was 2.03.


Walgreens Boots Alliance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Walgreens Boots Alliance'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.

Walgreens Boots Alliance Cyclically Adjusted Book per Share Chart

Walgreens Boots Alliance Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.28 27.43 30.97 31.63 30.92

Walgreens Boots Alliance Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 31.22 31.31 30.92 30.75 30.15

Competitive Comparison of Walgreens Boots Alliance's Cyclically Adjusted Book per Share

For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance'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.


Walgreens Boots Alliance's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Walgreens Boots Alliance 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, Walgreens Boots Alliance's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=8.225/134.6241*134.6241
=8.225

Current CPI (Feb. 2025) = 134.6241.

Walgreens Boots Alliance Quarterly Data

Book Value per Share CPI Adj_Book
201505 28.905 100.333 38.784
201508 28.315 100.548 37.911
201511 28.286 100.135 38.029
201602 27.329 100.040 36.777
201605 28.546 101.355 37.916
201608 27.590 101.617 36.552
201611 27.175 101.829 35.927
201702 27.822 102.779 36.442
201705 28.596 103.256 37.283
201708 26.826 103.587 34.864
201711 26.179 104.072 33.864
201802 27.585 105.052 35.350
201805 27.948 106.148 35.446
201808 27.314 106.383 34.565
201811 27.144 106.338 34.365
201902 27.095 106.649 34.202
201905 26.721 108.048 33.293
201908 26.259 108.245 32.658
201911 26.643 108.519 33.052
202002 26.942 109.139 33.233
202005 23.830 108.175 29.656
202008 23.841 109.662 29.268
202011 23.219 109.793 28.470
202102 24.424 110.968 29.631
202105 25.554 113.576 30.290
202108 27.062 115.421 31.564
202111 30.403 117.269 34.902
202202 30.913 119.703 34.766
202205 30.376 123.323 33.160
202208 29.232 124.958 31.493
202211 23.861 125.607 25.574
202302 24.562 126.928 26.051
202305 24.399 128.314 25.599
202308 23.181 129.538 24.091
202311 22.597 129.548 23.482
202402 15.631 130.930 16.072
202405 15.803 132.509 16.055
202408 12.090 132.816 12.255
202411 11.511 133.110 11.642
202502 8.225 134.624 8.225

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


Walgreens Boots Alliance  (LTS:0LSZ) 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.

Walgreens Boots Alliance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.18/30.15
=0.37

* 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 Walgreens Boots Alliance was 5.68. The lowest was 0.27. And the median was 2.03.


Be Aware

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


Walgreens Boots Alliance Cyclically Adjusted Book per Share Related Terms

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


Walgreens Boots Alliance Business Description

Address
108 Wilmot Road, Deerfield, IL, USA, 60015
Walgreens Boots Alliance is one of the largest retail pharmacy chains in the US, with over 8,000 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the US. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.

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