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John Wood Group (CHIX:WGL) Cyclically Adjusted PB Ratio : 0.33 (As of May. 24, 2024)


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What is John Wood Group Cyclically Adjusted PB Ratio?

As of today (2024-05-24), John Wood Group's current share price is £1.816. John Wood Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £5.56. John Wood Group's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for John Wood Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:WGl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.48   Max: 4.67
Current: 0.33

During the past 13 years, John Wood Group's highest Cyclically Adjusted PB Ratio was 4.67. The lowest was 0.23. And the median was 1.48.

CHIX:WGl's Cyclically Adjusted PB Ratio is ranked better than
78.17% of 820 companies
in the Oil & Gas industry
Industry Median: 1 vs CHIX:WGl: 0.33

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.

John Wood Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was £4.179. 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 £5.56 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


John Wood Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for John Wood Group'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.

* Premium members only.

John Wood Group Cyclically Adjusted PB Ratio Chart

John Wood Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.66 0.38 0.25 0.31

John Wood Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 0.38 - 0.25 - 0.31

Competitive Comparison of John Wood Group's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, John Wood 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.


John Wood Group's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, John Wood Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



John Wood Group 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.

John Wood Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.816/5.56
=0.33

* 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.

John Wood Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, John Wood Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.179/130.5000*130.5000
=4.179

Current CPI (Dec23) = 130.5000.

John Wood Group Annual Data

Book Value per Share CPI Adj_Book
201412 4.316 99.900 5.638
201512 4.228 100.400 5.496
201612 4.615 102.200 5.893
201712 5.460 105.000 6.786
201812 5.321 107.100 6.484
201912 4.922 108.500 5.920
202012 4.507 109.400 5.376
202112 4.437 114.700 5.048
202212 4.424 125.300 4.608
202312 4.179 130.500 4.179

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.


John Wood Group  (CHIX:WGl) 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.


John Wood Group Cyclically Adjusted PB Ratio Related Terms

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


John Wood Group (CHIX:WGL) Business Description

Industry
Traded in Other Exchanges
Address
15 Justice Mill Lane, Aberdeen, GBR, AB11 6EQ
John Wood Group Plc is an energy-services company that provides a range of engineering, production, and technical solutions for the upstream, midstream, and downstream oil and gas sectors. Operations are divided into four segments: Asset Solutions EAAA, Asset Solutions America, Technical Consulting Solutions, and Investment Solutions. The company provides services to the oil and gas sector through brownfield engineering and modifications, production enhancement, operations and maintenance, and facility construction and maintenance management. A vast majority of the revenue is generated by the Asset Solutions EAAA and Asset Solutions America's segment combined, and the company's revenue is earned in the United States.

John Wood Group (CHIX:WGL) Headlines

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