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Williams Grand Prix Holdings (FRA:WGF1) Cyclically Adjusted PB Ratio : (As of Jun. 17, 2024)


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What is Williams Grand Prix Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams Grand Prix Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Williams Grand Prix 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.

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Williams Grand Prix Holdings Cyclically Adjusted PB Ratio Chart

Williams Grand Prix Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Williams Grand Prix Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Williams Grand Prix Holdings's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Williams Grand Prix 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.


Williams Grand Prix Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Williams Grand Prix Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Williams Grand Prix Holdings's Cyclically Adjusted PB Ratio falls into.



Williams Grand Prix 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.

Williams Grand Prix Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Williams Grand Prix Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=8.226/108.5000*108.5000
=8.226

Current CPI (Dec19) = 108.5000.

Williams Grand Prix Holdings Annual Data

Book Value per Share CPI Adj_Book
201012 4.104 91.700 4.856
201112 5.055 95.000 5.773
201212 4.701 97.300 5.242
201312 8.775 99.200 9.598
201412 4.482 99.900 4.868
201512 3.437 100.400 3.714
201612 3.724 102.200 3.954
201712 5.278 105.000 5.454
201812 5.679 107.100 5.753
201912 8.226 108.500 8.226

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.


Williams Grand Prix Holdings  (FRA:WGF1) 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.


Williams Grand Prix Holdings Cyclically Adjusted PB Ratio Related Terms

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Williams Grand Prix Holdings (FRA:WGF1) Business Description

Traded in Other Exchanges
N/A
Address
Grove, Wantage, Oxfordshire, GBR, OX12 0DQ
Williams Grand Prix Holdings PLC is the United States-based holding company. Its operations include the design, manufacture, and entry of race cars for the Formula One World Championship. Its segments include Formula One and Other. It is involved in sponsorship, commercial rights, and engineering services. The major part of its revenue is derived from Formula One segment.

Williams Grand Prix Holdings (FRA:WGF1) Headlines

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