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Wayfair (BSP:W2YF34) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Wayfair Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wayfair Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wayfair's Cyclically Adjusted PB Ratio 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.

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Wayfair Cyclically Adjusted PB Ratio Chart

Wayfair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Wayfair Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wayfair's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Wayfair'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.


Wayfair's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Wayfair Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Wayfair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wayfair'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)
=-3.337/131.7762*131.7762
=-3.337

Current CPI (Mar. 2024) = 131.7762.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.061 100.560 0.080
201409 -0.247 100.428 -0.324
201412 0.277 99.070 0.368
201503 0.304 99.621 0.402
201506 0.283 100.684 0.370
201509 0.338 100.392 0.444
201512 0.319 99.792 0.421
201603 0.256 100.470 0.336
201606 0.187 101.688 0.242
201609 0.120 101.861 0.155
201612 0.089 101.863 0.115
201703 0.038 102.862 0.049
201706 0.013 103.349 0.017
201709 0.003 104.136 0.004
201712 -0.052 104.011 -0.066
201803 -0.134 105.290 -0.168
201806 -0.235 106.317 -0.291
201809 -0.407 106.507 -0.504
201812 -0.404 105.998 -0.502
201903 -0.575 107.251 -0.706
201906 -0.724 108.070 -0.883
201909 -0.865 108.329 -1.052
201912 -1.183 108.420 -1.438
202003 -1.733 108.902 -2.097
202006 -1.228 108.767 -1.488
202009 -2.356 109.815 -2.827
202012 -1.760 109.897 -2.110
202103 -2.280 111.754 -2.688
202106 -2.139 114.631 -2.459
202109 -2.214 115.734 -2.521
202112 -2.495 117.630 -2.795
202203 -2.580 121.301 -2.803
202206 -2.931 125.017 -3.089
202209 -3.346 125.227 -3.521
202212 -3.519 125.222 -3.703
202303 -3.672 127.348 -3.800
202306 -3.322 128.729 -3.401
202309 -3.289 129.860 -3.338
202312 -3.207 129.419 -3.265
202403 -3.337 131.776 -3.337

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


Wayfair  (BSP:W2YF34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Wayfair Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Wayfair's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Wayfair (BSP:W2YF34) Business Description

Traded in Other Exchanges
Address
4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

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