GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wartsila Corp (OTCPK:WRTBY) » Definitions » Cyclically Adjusted Book per Share

WRTBY (Wartsila) Cyclically Adjusted Book per Share : $0.98 (As of Mar. 2025)


View and export this data going back to 2008. Start your Free Trial

What is Wartsila 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.

Wartsila's adjusted book value per share for the three months ended in Mar. 2025 was $0.880. 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 $0.98 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Wartsila's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Wartsila was 6.50% per year. The lowest was 3.70% per year. And the median was 4.90% per year.

As of today (2025-05-20), Wartsila's current stock price is $4.145. Wartsila's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.98. Wartsila's Cyclically Adjusted PB Ratio of today is 4.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wartsila was 6.75. The lowest was 1.66. And the median was 3.35.


Wartsila Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wartsila'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.

Wartsila Cyclically Adjusted Book per Share Chart

Wartsila 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 0.80 0.80 0.83 0.89 0.84

Wartsila 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 0.94 0.98 0.96 0.84 0.98

Competitive Comparison of Wartsila's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Wartsila'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.


Wartsila's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


;
;

Wartsila 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, Wartsila'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)
=0.88/123.0100*123.0100
=0.880

Current CPI (Mar. 2025) = 123.0100.

Wartsila Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.754 100.030 0.927
201509 0.767 100.130 0.942
201512 0.810 99.990 0.996
201603 0.756 100.080 0.929
201606 0.772 100.390 0.946
201609 0.803 100.540 0.982
201612 0.816 101.020 0.994
201703 0.757 100.910 0.923
201706 0.808 101.140 0.983
201709 0.892 101.320 1.083
201712 0.941 101.510 1.140
201803 0.894 101.730 1.081
201806 0.871 102.320 1.047
201809 0.909 102.600 1.090
201812 0.930 102.710 1.114
201903 0.857 102.870 1.025
201906 0.868 103.360 1.033
201909 0.839 103.540 0.997
201912 0.900 103.650 1.068
202003 0.756 103.490 0.899
202006 0.790 103.320 0.941
202009 0.828 103.710 0.982
202012 0.895 103.890 1.060
202103 0.859 104.870 1.008
202106 0.878 105.360 1.025
202109 0.878 106.290 1.016
202112 0.887 107.490 1.015
202203 0.767 110.950 0.850
202206 0.754 113.570 0.817
202209 0.707 114.920 0.757
202212 0.767 117.320 0.804
202303 0.729 119.750 0.749
202306 0.743 120.690 0.757
202309 0.769 121.280 0.780
202312 0.824 121.540 0.834
202403 0.777 122.360 0.781
202406 0.815 122.230 0.820
202409 0.894 122.260 0.899
202412 0.898 122.390 0.903
202503 0.880 123.010 0.880

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


Wartsila  (OTCPK:WRTBY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.145/0.98
=4.23

* 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 Wartsila was 6.75. The lowest was 1.66. And the median was 3.35.


Be Aware

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


Wartsila Cyclically Adjusted Book per Share Related Terms

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


Wartsila Business Description

Industry
Address
Hiililaiturinkuja 2, Helsinki, FIN, FI-00180
Wartsila is a global manufacturer of critical equipment and services for the marine and energy market, with operations in over 70 countries. Approximately one-half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wartsila is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels have a Wartsila solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.

Wartsila Headlines

From GuruFocus

Wartsila Oyj Abp Q2 Pre-Silent Call Transcript

By GuruFocus Research 02-15-2024

Wartsila Oyj Abp Mid Quarter Call Transcript

By GuruFocus Research 02-15-2024

Q2 2022 Wartsila Oyj Abp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Wartsila Oyj Abp Pre Silent Call Transcript

By GuruFocus Research 02-15-2024

Wartsila Oyj Abp Pre Silent Q2 Call Transcript

By GuruFocus Research 02-15-2024

Wartsila Oyj Abp Pre-Silent Call Transcript

By GuruFocus Research 02-15-2024

Q3 2023 Wartsila Oyj Abp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Wartsila Oyj Abp Mid Quarter Call Transcript

By GuruFocus Research 02-15-2024

Q1 2023 Wartsila Oyj Abp Earnings Presentation Transcript

By GuruFocus Research 02-15-2024

Q4 2023 Wartsila Oyj Abp Earnings Call Transcript

By GuruFocus Research 02-15-2024