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Wells Fargo (MEX:WFC) Cyclically Adjusted Book per Share : MXN966.38 (As of Dec. 2024)


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What is Wells Fargo 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.

Wells Fargo's adjusted book value per share for the three months ended in Dec. 2024 was MXN1,017.831. 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 MXN966.38 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Wells Fargo's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Wells Fargo was 13.90% per year. The lowest was 5.90% per year. And the median was 10.65% per year.

As of today (2025-03-03), Wells Fargo's current stock price is MXN1578.01. Wells Fargo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was MXN966.38. Wells Fargo's Cyclically Adjusted PB Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wells Fargo was 2.61. The lowest was 0.61. And the median was 1.46.


Wells Fargo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wells Fargo'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.

Wells Fargo Cyclically Adjusted Book per Share Chart

Wells Fargo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 703.38 803.12 828.97 741.86 966.38

Wells Fargo Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 741.86 744.13 816.06 907.99 966.38

Competitive Comparison of Wells Fargo's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Wells Fargo 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, Wells Fargo's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1017.831/133.1571*133.1571
=1,017.831

Current CPI (Dec. 2024) = 133.1571.

Wells Fargo Quarterly Data

Book Value per Share CPI Adj_Book
201503 492.517 99.621 658.316
201506 512.032 100.684 677.176
201509 564.406 100.392 748.616
201512 576.700 99.792 769.515
201603 588.207 100.470 779.572
201606 648.070 101.688 848.626
201609 686.741 101.861 897.738
201612 719.401 101.863 940.416
201703 663.210 102.862 858.538
201706 653.070 103.349 841.429
201709 664.191 104.136 849.294
201712 729.023 104.011 933.310
201803 666.205 105.290 842.533
201806 727.175 106.317 910.755
201809 695.782 106.507 869.882
201812 741.263 105.998 931.192
201903 750.727 107.251 932.067
201906 765.041 108.070 942.640
201909 794.255 108.329 976.288
201912 755.403 108.420 927.755
202003 923.693 108.902 1,129.427
202006 886.896 108.767 1,085.772
202009 855.705 109.815 1,037.593
202012 785.040 109.897 951.198
202103 819.630 111.754 976.602
202106 825.906 114.631 959.382
202109 868.169 115.734 998.864
202112 884.528 117.630 1,001.290
202203 836.317 121.301 918.060
202206 835.252 125.017 889.638
202209 827.466 125.227 879.869
202212 817.608 125.222 869.420
202303 774.603 127.348 809.939
202306 751.367 128.729 777.215
202309 772.169 129.860 791.777
202312 784.302 129.419 806.953
202403 769.389 131.776 777.452
202406 860.477 132.554 864.393
202409 969.109 133.029 970.043
202412 1,017.831 133.157 1,017.831

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


Wells Fargo  (MEX:WFC) 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.

Wells Fargo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1578.01/966.38
=1.63

* 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 Wells Fargo was 2.61. The lowest was 0.61. And the median was 1.46.


Be Aware

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


Wells Fargo Cyclically Adjusted Book per Share Related Terms

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


Wells Fargo Business Description

Industry
Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US