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Walmart (UKEX:WMT) Cyclically Adjusted Book per Share : ₴304.53 (As of Apr. 2024)


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What is Walmart 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.

Walmart's adjusted book value per share for the three months ended in Apr. 2024 was ₴407.338. 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 ₴304.53 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Walmart's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Walmart was 18.20% per year. The lowest was 3.90% per year. And the median was 10.50% per year.

As of today (2024-06-03), Walmart's current stock price is ₴1719.66667. Walmart's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was ₴304.53. Walmart's Cyclically Adjusted PB Ratio of today is 5.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walmart was 6.26. The lowest was 2.77. And the median was 4.34.


Walmart Cyclically Adjusted Book per Share Historical Data

The historical data trend for Walmart'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.

Walmart Cyclically Adjusted Book per Share Chart

Walmart Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 361.10 324.06

Walmart Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 348.56 332.08 326.76 324.06 304.53

Competitive Comparison of Walmart's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Walmart'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.


Walmart's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Walmart's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Walmart 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, Walmart's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=407.338/131.7762*131.7762
=407.338

Current CPI (Apr. 2024) = 131.7762.

Walmart Quarterly Data

Book Value per Share CPI Adj_Book
201407 324.328 100.520 425.175
201410 330.013 100.176 434.117
201501 339.440 98.604 453.636
201504 319.438 99.824 421.687
201507 330.249 100.691 432.204
201510 333.699 100.346 438.218
201601 342.915 99.957 452.073
201604 323.873 100.947 422.785
201607 332.634 101.524 431.755
201610 339.685 101.988 438.899
201701 343.604 102.456 441.933
201704 328.157 103.167 419.157
201707 343.581 103.278 438.388
201710 345.368 104.070 437.315
201801 355.102 104.578 447.457
201804 344.653 105.708 429.646
201807 326.501 106.324 404.660
201810 332.748 106.695 410.969
201901 336.528 106.200 417.574
201904 320.813 107.818 392.099
201907 332.537 108.250 404.808
201910 339.742 108.577 412.333
202001 358.994 108.841 434.643
202004 324.377 108.173 395.155
202007 357.732 109.318 431.226
202010 387.217 109.861 464.462
202101 386.175 110.364 461.098
202104 375.948 112.673 439.689
202107 388.416 115.183 444.371
202110 398.690 116.696 450.212
202201 405.918 118.619 450.941
202204 376.697 121.978 406.955
202207 383.623 125.002 404.413
202210 360.111 125.734 377.415
202301 382.381 126.223 399.204
202304 361.806 127.992 372.503
202307 397.835 128.974 406.478
202310 397.187 129.810 403.204
202401 420.508 130.124 425.846
202404 407.338 131.776 407.338

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


Walmart  (UKEX:WMT) 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.

Walmart's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1719.66667/304.53
=5.65

* 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 Walmart was 6.26. The lowest was 2.77. And the median was 4.34.


Be Aware

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


Walmart Cyclically Adjusted Book per Share Related Terms

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


Walmart (UKEX:WMT) Business Description

Industry
Address
702 S.W. 8th Street, Bentonville, AR, USA, 72716
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally each week.

Walmart (UKEX:WMT) Headlines