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Wayfair (FRA:1WF) Cyclically Adjusted PB Ratio : (As of Apr. 30, 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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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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 Dec. 2023 is calculated as:

For example, Wayfair's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-21.01/129.4194*129.4194
=-21.010

Current CPI (Dec. 2023) = 129.4194.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.700 100.560 0.901
201409 -2.873 100.428 -3.702
201412 2.979 99.070 3.892
201503 3.128 99.621 4.064
201506 2.837 100.684 3.647
201509 2.700 100.392 3.481
201512 2.641 99.792 3.425
201603 2.175 100.470 2.802
201606 1.699 101.688 2.162
201609 1.153 101.861 1.465
201612 0.877 101.863 1.114
201703 0.394 102.862 0.496
201706 0.122 103.349 0.153
201709 0.029 104.136 0.036
201712 -0.463 104.011 -0.576
201803 -1.161 105.290 -1.427
201806 -1.870 106.317 -2.276
201809 -2.969 106.507 -3.608
201812 -3.203 105.998 -3.911
201903 -4.639 107.251 -5.598
201906 -5.817 108.070 -6.966
201909 -6.672 108.329 -7.971
201912 -9.079 108.420 -10.837
202003 -11.235 108.902 -13.352
202006 -7.355 108.767 -8.752
202009 -12.963 109.815 -15.277
202012 -9.843 109.897 -11.592
202103 -11.898 111.754 -13.779
202106 -12.356 114.631 -13.950
202109 -12.478 115.734 -13.953
202112 -13.666 117.630 -15.036
202203 -16.480 121.301 -17.583
202206 -19.226 125.017 -19.903
202209 -22.560 125.227 -23.315
202212 -22.167 125.222 -22.910
202303 -23.048 127.348 -23.423
202306 -22.114 128.729 -22.233
202309 -21.840 129.860 -21.766
202312 -21.010 129.419 -21.010

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  (FRA:1WF) 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

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Wayfair (FRA:1WF) 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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