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Wirecard AG (LTS:0O8X) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Wirecard AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wirecard AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wirecard AG'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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Wirecard AG Cyclically Adjusted PB Ratio Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Wirecard AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wirecard AG 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.

Wirecard AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Wirecard AG's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=18.733/106.0177*106.0177
=18.733

Current CPI (Sep. 2019) = 106.0177.

Wirecard AG Quarterly Data

Book Value per Share CPI Adj_Book
200912 2.405 92.919 2.744
201003 2.522 93.199 2.869
201006 2.581 93.199 2.936
201009 2.715 93.385 3.082
201012 2.847 94.132 3.206
201103 2.970 95.065 3.312
201106 2.998 95.158 3.340
201109 3.163 95.624 3.507
201112 3.348 95.998 3.697
201203 4.854 97.117 5.299
201206 4.912 96.744 5.383
201209 4.653 97.584 5.055
201212 4.829 97.957 5.226
201303 4.979 98.516 5.358
201306 5.028 98.516 5.411
201309 5.209 98.983 5.579
201312 5.418 99.356 5.781
201403 8.058 99.543 8.582
201406 8.124 99.543 8.652
201409 8.409 99.823 8.931
201412 8.688 99.543 9.253
201503 9.003 99.717 9.572
201506 9.093 100.417 9.600
201509 9.309 100.417 9.828
201512 10.363 99.717 11.018
201603 10.564 100.017 11.198
201606 10.850 100.717 11.421
201609 11.333 101.017 11.894
201612 12.006 101.217 12.575
201703 12.369 101.417 12.930
201706 12.238 102.117 12.705
201709 12.519 102.717 12.921
201712 13.273 102.617 13.713
201803 13.515 102.917 13.922
201806 14.036 104.017 14.306
201809 14.646 104.718 14.828
201812 15.561 104.217 15.830
201903 16.573 104.217 16.859
201906 17.360 105.718 17.409
201909 18.733 106.018 18.733

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.


Wirecard AG  (LTS:0O8X) 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.


Wirecard AG Cyclically Adjusted PB Ratio Related Terms

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Wirecard AG (LTS:0O8X) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.

Wirecard AG (LTS:0O8X) Headlines

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