Wayfair (MEX:W) Cyclically Adjusted PB Ratio: (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:W Wayfair Inc MEX:W
48 GF Score
Price MXN1,575.00
GF Value MXN965.89
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Wayfair Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wayfair  (MEX:W) 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


Wayfair Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Wayfair Cyclically Adjusted PB Ratio Chart

Wayfair Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Wayfair Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

MEX:W vs CART, CHWY, ETSY: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MEX:W
48GF Score
Wayfair Inc MEX:W
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Mar. 2026 is calculated as:

For example, Wayfair's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-389.385/330.2130*330.2130
=-389.385

Current CPI (Mar. 2026) = 330.2130.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201606 35.304 241.018 48.369
201609 25.018 241.428 34.218
201612 19.068 241.432 26.080
201703 7.942 243.801 10.757
201706 2.480 244.955 3.343
201709 0.627 246.819 0.839
201712 -10.760 246.524 -14.413
201803 -26.009 249.554 -34.415
201806 -42.928 251.989 -56.254
201809 -64.798 252.439 -84.762
201812 -71.558 251.233 -94.054
201903 -101.689 254.202 -132.096
201906 -126.259 256.143 -162.770
201909 -145.062 256.759 -186.562
201912 -190.254 256.974 -244.477
202003 -291.078 258.115 -372.383
202006 -191.181 257.797 -244.884
202009 -337.288 260.280 -427.912
202012 -238.196 260.474 -301.970
202103 -289.537 264.877 -360.956
202106 -296.327 271.696 -360.149
202109 -301.847 274.310 -363.362
202112 -316.780 278.802 -375.194
202203 -361.376 287.504 -415.059
202206 -408.871 296.311 -455.651
202209 -449.292 296.808 -499.859
202212 -457.800 296.797 -509.343
202303 -444.800 301.836 -486.618
202306 -410.744 305.109 -444.540
202309 -406.008 307.789 -435.588
202312 -388.910 306.746 -418.663
202403 -389.315 312.332 -411.603
202406 -414.309 314.175 -435.459
202409 -435.455 315.301 -456.050
202412 -458.117 315.605 -479.321
202503 -452.679 319.799 -467.420
202506 -398.768 322.561 -408.228
202509 -391.452 324.800 -397.976
202512 -384.305 324.054 -391.609
202603 -389.385 330.213 -389.385

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.

Is Wayfair (MEX:W) Overvalued in 2026?

Based on GuruFocus' analysis, Wayfair stock appears to be overvalued. The current stock price of MXN1,575.00 is trading 63.1% above its estimated GF Value™ of MXN965.89. GuruFocus considers Wayfair to be Significantly Overvalued.

Key valuation signals for MEX:W:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN965.89 vs. price of MXN1,575.00 (63.1% above fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the MEX:W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wayfair Business Description

Address 4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (88% of 2025 sales), Canada, the United Kingdom, and Ireland. It's also embarked on expansion into the brick-and-mortar landscape, with 13 stores (excluding outlets) between the AllModern, Birch Lane, Joss & Main, and Wayfair banners. At the end of 2025, 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, as well as advertising and logistics services. Wayfair was founded in 2002 and began trading publicly in 2014.
48GF Score

Get the complete analysis for MEX:W

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,575.00
Price
MXN965.89
GF Value