Watsco (MIL:1WSO) Cyclically Adjusted Book per Share: €0.00 (As of Jun. 2026)

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MIL:1WSO Watsco Inc MIL:1WSO
86 GF Score
Price €354.60
GF Value €474.76
! 3 Warning Signs
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What is Watsco Cyclically Adjusted Book per Share?

Watsco MIL:1WSO 86 Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. GuruFocus rates MIL:1WSO with a GF Score™ of 86/100 and a GF Value™ of €474.76. The stock has 3 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.

Watsco's adjusted book value per share for the three months ended in Jun. 2026 was €63.105. 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 €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Watsco's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Watsco was 18.60% per year. The lowest was 4.00% per year. And the median was 8.80% per year.

As of today (2026-07-31), Watsco's current stock price is €354.60. Watsco's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.00. Watsco's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Watsco was 12.13. The lowest was 4.79. And the median was 7.24.


Watsco  (MIL:1WSO) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Watsco was 12.13. The lowest was 4.79. And the median was 7.24.


Be Aware

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


Watsco Cyclically Adjusted Book per Share Related Terms


Watsco Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Watsco'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.

Watsco Cyclically Adjusted Book per Share Chart

Watsco 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 0.00 0.00 0.00

Watsco 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 0.00 0.00 0.00 48.21 0.00

MIL:1WSO vs QXO, WCC, AIT: Cyclically Adjusted Book per Share Comparison

For the Industrial Distribution subindustry, Watsco'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.


Watsco Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Watsco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIL:1WSO
86GF Score
Watsco Inc MIL:1WSO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watsco 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, Watsco'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)
=63.105/333.9520*333.9520
=63.105

Current CPI (Jun. 2026) = 333.9520.

Watsco Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.058 241.428 36.044
201612 26.837 241.432 37.121
201703 25.647 243.801 35.131
201706 25.390 244.955 34.615
201709 24.698 246.819 33.417
201712 29.460 246.524 39.908
201803 28.056 249.554 37.544
201806 30.430 251.989 40.328
201809 31.307 252.439 41.416
201812 31.626 251.233 42.039
201903 31.400 254.202 41.251
201906 31.856 256.143 41.533
201909 34.391 256.759 44.730
201912 33.782 256.974 43.902
202003 33.141 258.115 42.878
202006 33.214 257.797 43.026
202009 32.864 260.280 42.166
202012 31.684 260.474 40.622
202103 32.405 264.877 40.856
202106 33.764 271.696 41.501
202109 36.053 274.310 43.892
202112 37.929 278.802 45.432
202203 40.216 287.504 46.713
202206 44.523 296.311 50.179
202209 49.383 296.808 55.563
202212 45.967 296.797 51.721
202303 46.248 301.836 51.169
202306 48.143 305.109 52.694
202309 52.897 307.789 57.393
202312 51.779 306.746 56.371
202403 57.675 312.332 61.667
202406 60.127 314.175 63.912
202409 60.161 315.301 63.720
202412 62.882 315.605 66.538
202503 60.900 319.799 63.595
202506 59.025 322.561 61.109
202509 59.130 324.800 60.796
202512 58.539 324.054 60.327
202603 58.768 330.213 59.433
202606 63.105 333.952 63.105

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 €0.00 mean?
Watsco (MIL:1WSO) has a Cyclically Adjusted Book per Share of €0.00 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 Watsco and its competitors.
Is Watsco's Cyclically Adjusted Book per Share too high?
Watsco's current Cyclically Adjusted Book per Share is €0.00. Overall, Watsco has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Watsco's Cyclically Adjusted Book per Share compare to QXO and WCC?
Watsco's Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Cyclically Adjusted Book per Share depends on the Industrial Distribution 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 Watsco and its competitors. Watsco's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watsco stock overvalued right now?
Watsco (MIL:1WSO) has a current Cyclically Adjusted Book per Share of €0.00. The stock's GF Value™ is €474.76, compared to a current price of €354.60 — trading 25.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Watsco's overall GF Score™ is 86/100 with 3 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 Watsco (MIL:1WSO), the current Cyclically Adjusted Book per Share is €0.00 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 Watsco (MIL:1WSO) Overvalued in 2026?

Based on GuruFocus' analysis, Watsco stock appears to be undervalued. The current stock price of €354.60 is trading 25.3% below its estimated GF Value™ of €474.76.

Key valuation signals for MIL:1WSO:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €474.76 vs. price of €354.60 (25.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the MIL:1WSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watsco Business Description

Address 2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133
Watsco is the largest HVAC and refrigeration products distributor in North America with approximately 13% market share. The company primarily operates in the United States (90% of revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada, Latin America, and the Caribbean. The company's customer base comprises more than 120,000 dealers and contractors serving the replacement and new-construction HVAC/R markets for residential and light-commercial applications. As much as 20% of residential HVAC units are distributed through Watsco in any given year. Revenue is approximately 75%-80% residential HVAC and 20%-25% commercial, with relatively small exposure to more complex "applied" solutions.
86GF Score

Get the complete analysis for MIL:1WSO

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

€354.60
Price
€474.76
GF Value