GURUFOCUS.COM » STOCK LIST » Technology » Software » WNS (Holdings) Ltd (FRA:W9N0) » Definitions » Cyclically Adjusted PB Ratio

WNS (Holdings) (FRA:W9N0) Cyclically Adjusted PB Ratio : 3.67 (As of Jun. 03, 2025)


View and export this data going back to 2024. Start your Free Trial

What is WNS (Holdings) Cyclically Adjusted PB Ratio?

As of today (2025-06-03), WNS (Holdings)'s current share price is €49.00. WNS (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €13.35. WNS (Holdings)'s Cyclically Adjusted PB Ratio for today is 3.67.

The historical rank and industry rank for WNS (Holdings)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:W9N0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 3.75   Max: 4.46
Current: 3.89

During the past years, WNS (Holdings)'s highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 2.89. And the median was 3.75.

FRA:W9N0's Cyclically Adjusted PB Ratio is ranked worse than
62.26% of 1436 companies
in the Software industry
Industry Median: 2.705 vs FRA:W9N0: 3.89

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.

WNS (Holdings)'s adjusted book value per share data for the three months ended in Mar. 2025 was €17.774. 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 €13.35 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


WNS (Holdings) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WNS (Holdings)'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.

WNS (Holdings) Cyclically Adjusted PB Ratio Chart

WNS (Holdings) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.64 4.12

WNS (Holdings) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.64 3.68 3.61 3.20 4.12

Competitive Comparison of WNS (Holdings)'s Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, WNS (Holdings)'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.


WNS (Holdings)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, WNS (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WNS (Holdings)'s Cyclically Adjusted PB Ratio falls into.


;
;

WNS (Holdings) 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.

WNS (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/13.35
=3.67

* 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.

WNS (Holdings)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, WNS (Holdings)'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)
=17.774/157.5517*157.5517
=17.774

Current CPI (Mar. 2025) = 157.5517.

WNS (Holdings) Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.484 99.841 10.232
201509 6.435 101.753 9.964
201512 6.868 102.901 10.516
201603 7.144 102.518 10.979
201606 6.815 105.961 10.133
201609 7.157 105.961 10.642
201612 7.493 105.196 11.222
201703 7.760 105.196 11.622
201706 7.708 107.109 11.338
201709 7.152 109.021 10.336
201712 7.911 109.404 11.393
201803 7.959 109.786 11.422
201806 8.041 111.317 11.381
201809 7.687 115.142 10.518
201812 8.952 115.142 12.249
201903 9.768 118.202 13.020
201906 9.608 120.880 12.523
201909 9.976 123.175 12.760
201912 10.677 126.235 13.326
202003 10.684 124.705 13.498
202006 10.972 127.000 13.611
202009 11.437 130.118 13.848
202012 11.557 130.889 13.911
202103 11.632 131.771 13.908
202106 10.843 134.084 12.741
202109 11.728 135.847 13.602
202112 12.990 138.161 14.813
202203 14.015 138.822 15.906
202206 13.843 142.347 15.322
202209 14.455 144.661 15.743
202212 14.491 145.763 15.663
202303 15.472 146.865 16.598
202306 14.824 150.280 15.541
202309 16.097 151.492 16.741
202312 16.102 152.924 16.589
202403 15.855 153.035 16.323
202406 15.498 155.789 15.673
202409 15.316 157.882 15.284
202412 16.779 158.323 16.697
202503 17.774 157.552 17.774

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.


WNS (Holdings)  (FRA:W9N0) 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.


WNS (Holdings) Cyclically Adjusted PB Ratio Related Terms

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


WNS (Holdings) Business Description

Industry
Traded in Other Exchanges
Address
Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli West, Mumbai, MH, IND, 400 079
WNS (Holdings) Ltd is a provider of business process management (BPM) services, offering comprehensive data, voice, analytical, and business transformation services with a blended onshore, nearshore and offshore delivery model. The company's segment includes Banking/Financial Services, and Insurance; Travel, Shipping/Logistics, and Utilities; Manufacturing/Retail/Consumer, Hi-tech/Professional Services, and Procurement; Healthcare/Life Sciences. Geographically, the company generates the majority of its revenue from North America (primarily the US), followed by the UK. The company also has a presence in Australia, Europe (excluding the UK), South Africa, and other countries.

WNS (Holdings) Headlines

No Headlines