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WaFd (WAFD) Cyclically Adjusted Book per Share : $31.68 (As of Mar. 2025)


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What is WaFd 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.

WaFd's adjusted book value per share for the three months ended in Mar. 2025 was $33.837. 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 $31.68 for the trailing ten years ended in Mar. 2025.

During the past 12 months, WaFd's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 WaFd was 9.20% per year. The lowest was 3.20% per year. And the median was 5.30% per year.

As of today (2025-05-18), WaFd's current stock price is $29.92. WaFd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $31.68. WaFd's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WaFd was 1.85. The lowest was 0.77. And the median was 1.31.


WaFd Cyclically Adjusted Book per Share Historical Data

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted Book per Share Chart

WaFd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.95 24.97 27.69 29.50 30.94

WaFd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 30.31 30.66 30.94 31.12 31.68

Competitive Comparison of WaFd's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, WaFd'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.


WaFd's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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WaFd 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, WaFd's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=33.837/134.9266*134.9266
=33.837

Current CPI (Mar. 2025) = 134.9266.

WaFd Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.846 100.684 27.936
201509 21.043 100.392 28.282
201512 21.204 99.792 28.669
201603 21.502 100.470 28.876
201606 21.747 101.688 28.855
201609 22.031 101.861 29.183
201612 22.399 101.863 29.670
201703 22.527 102.862 29.549
201706 22.774 103.349 29.732
201709 23.003 104.136 29.805
201712 23.269 104.011 30.185
201803 23.465 105.290 30.070
201806 23.778 106.317 30.177
201809 24.143 106.507 30.585
201812 24.445 105.998 31.116
201903 24.918 107.251 31.348
201906 25.350 108.070 31.650
201909 25.786 108.329 32.117
201912 26.257 108.420 32.676
202003 26.233 108.902 32.502
202006 26.293 108.767 32.617
202009 26.611 109.815 32.696
202012 27.176 109.897 33.366
202103 27.816 111.754 33.584
202106 27.741 114.631 32.652
202109 28.031 115.734 32.679
202112 28.333 117.630 32.499
202203 28.966 121.301 32.220
202206 29.395 125.017 31.725
202209 30.220 125.227 32.561
202212 30.960 125.222 33.359
202303 31.540 127.348 33.417
202306 32.355 128.729 33.913
202309 32.847 129.860 34.129
202312 33.492 129.419 34.917
202403 32.208 131.776 32.978
202406 32.756 132.554 33.342
202409 33.247 133.029 33.721
202412 33.446 133.157 33.890
202503 33.837 134.927 33.837

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


WaFd  (NAS:WAFD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.92/31.68
=0.94

* 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 WaFd was 1.85. The lowest was 0.77. And the median was 1.31.


Be Aware

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


WaFd Cyclically Adjusted Book per Share Related Terms

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


WaFd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WaFd Inc (NAS:WAFD) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
Executives
Ryan Mauer officer: EVP & Chief Credit Officer 425 PIKE STREET, SEATTLE WA 98101
Cathy E Cooper officer: EVP & Chief Consumer Banker 425 PIKE STREET, SEATTLE WA 98101
Randall H Talbot director 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690
David K Grant director
Blayne Sanden officer: SVP & PAO 425 PIKE STREET, SEATTLE WA 98101
Brent J Beardall officer: EVP & CFO 425 PIKE STREET, SEATTLE WA 98101
Kim E Robison officer: EVP & Chief Operations Officer 425 PIKE STREET, SEATTLE WA 98101
Kelli Holz officer: EVP & CFO PO BOX 580, BELLINGHAM WA 98227
Vincent L Beatty officer: EVP & Chief Financial Officer 425 PIKE STREET, SEATTLE WA 98101
Shawn Bice director C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
James Endrizzi officer: EVP & Chief Commercial Banker 425 PIKE STREET, SEATTLE WA 98101
Sean Singleton director 425 PIKE ST, SEATTLE WA 98101
Sylvia Hampel director 425 PIKE ST, SEATTLE WA 98101
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Linda S Brower director