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Willdan Group (Willdan Group) Cyclically Adjusted Book per Share : $11.79 (As of Mar. 2024)


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What is Willdan Group 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.

Willdan Group's adjusted book value per share for the three months ended in Mar. 2024 was $14.874. 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 $11.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Willdan Group's average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Willdan Group was 17.40% per year. The lowest was 1.70% per year. And the median was 13.10% per year.

As of today (2024-05-15), Willdan Group's current stock price is $32.15. Willdan Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.79. Willdan Group's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Willdan Group was 7.48. The lowest was 0.64. And the median was 3.57.


Willdan Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Willdan Group'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.

Willdan Group Cyclically Adjusted Book per Share Chart

Willdan Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 7.21 8.55 10.10 11.51

Willdan Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.54 10.91 11.27 11.51 11.79

Competitive Comparison of Willdan Group's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Willdan Group'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.


Willdan Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Willdan Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Willdan Group 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, Willdan Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.874/129.4194*129.4194
=14.874

Current CPI (Mar. 2024) = 129.4194.

Willdan Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.167 100.560 4.076
201409 3.729 100.428 4.805
201412 3.983 99.070 5.203
201503 4.323 99.621 5.616
201506 4.545 100.684 5.842
201509 4.666 100.392 6.015
201512 4.759 99.792 6.172
201603 5.039 100.470 6.491
201606 5.401 101.688 6.874
201609 5.729 101.861 7.279
201612 5.980 101.863 7.598
201703 6.388 102.862 8.037
201706 6.837 103.349 8.562
201709 7.580 104.136 9.420
201712 8.030 104.011 9.992
201803 8.505 105.290 10.454
201806 9.028 106.317 10.990
201809 9.618 106.507 11.687
201812 13.155 105.998 16.062
201903 12.942 107.251 15.617
201906 13.179 108.070 15.783
201909 13.699 108.329 16.366
201912 14.550 108.420 17.368
202003 13.895 108.902 16.513
202006 13.436 108.767 15.987
202009 14.028 109.815 16.532
202012 13.912 109.897 16.383
202103 13.722 111.754 15.891
202106 13.436 114.631 15.169
202109 13.888 115.734 15.530
202112 13.997 117.630 15.400
202203 13.595 121.301 14.505
202206 13.379 125.017 13.850
202209 13.553 125.227 14.007
202212 13.651 125.222 14.109
202303 13.732 127.348 13.955
202306 13.838 128.729 13.912
202309 14.001 129.860 13.954
202312 14.606 129.419 14.606
202403 14.874 129.419 14.874

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


Willdan Group  (NAS:WLDN) 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.

Willdan Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.15/11.79
=2.73

* 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 Willdan Group was 7.48. The lowest was 0.64. And the median was 3.57.


Be Aware

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


Willdan Group Cyclically Adjusted Book per Share Related Terms

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


Willdan Group (Willdan Group) Business Description

Industry
Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.
Executives
Creighton K Early officer: Vice President and CFO C/O WILLDAN GROUP INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Michael A Bieber officer: SVP, Corporate Development 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Thomas Donald Brisbin director, officer: President and CEO 2401 E. KATELLA AVENUE, #300, ANAHEIM CA 92806
Micah Chen officer: General Counsel 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Forager Fund, L.p. 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE N SUITE 201, BIRMINGHAM AL 35203
Robert Symmes Macarthur 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Edward Urban Kissel 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Mohammad Shahidehpour director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Keith W Renken director PACIFIC GULF PROPERTIES INC, 4220 VON KARMAN SECOND FLOOR, NEWPORT BEACH CA 92660-2002
Dennis V Mcginn director 46415 MILLSTONE LANDING ROAD, LEXINGTON PARK MD 20653
Paul Milton Whitelaw officer: SVP, Business Development 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Wanda Kay Reder director C/O WILLDAN GROUP, 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Adam C Procell officer: EVP, Chief Strategy Officer C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Cynthia Downes director C/O WILLDAN GROUP, INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Stacy B. Mclaughlin officer: Chief Financial Officer 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806