Wabash National (MEX:WNC) Cyclically Adjusted PB Ratio: 1.32 (As of Aug. 08, 2026) — 48% Below Median

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MEX:WNC Wabash National Corp MEX:WNC
68 GF Score
Price MXN156.00
GF Value MXN156.36
! 11 Warning Signs
View Full Analysis

What is Wabash National Cyclically Adjusted PB Ratio?

Wabash National MEX:WNC 68 Cyclically Adjusted PB Ratio is 1.32 as of Aug. 08, 2026, which is 48% below its 10-year median of 2.52. GuruFocus rates MEX:WNC with a GF Score™ of 68/100 and a GF Value™ of MXN156.36. The stock has 11 warning signs investors should review. Among 165 Farm & Heavy Construction Machinery companies, Wabash National ranks better than 59.39% on this metric.

As of today (2026-08-08), Wabash National's current share price is MXN156.00. Wabash National's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN117.87. Wabash National's Cyclically Adjusted PB Ratio for today is 1.32.

The historical rank and industry rank for Wabash National's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:WNC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.52   Max: 5.07
Current: 1.27

During the past years, Wabash National's highest Cyclically Adjusted PB Ratio was 5.07. The lowest was 0.68. And the median was 2.52.

MEX:WNC's Cyclically Adjusted PB Ratio is ranked better than
59.39% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51 vs MEX:WNC: 1.27

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.

Wabash National's adjusted book value per share data for the three months ended in Jun. 2026 was MXN125.268. 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 MXN117.87 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wabash National  (MEX:WNC) 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.


Wabash National Cyclically Adjusted PB Ratio Related Terms


Wabash National Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wabash National'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.

Wabash National Cyclically Adjusted PB Ratio Chart

Wabash National 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 2.57 2.67 2.78 1.78 0.86

Wabash National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.07 0.98 0.86 0.85 1.32

MEX:WNC vs TWI, MTW, HY: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:WNC
68GF Score
Wabash National Corp MEX:WNC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wabash National 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.

Wabash National's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156.00/117.87
=1.32

* 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.

Wabash National's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=125.268/333.9520*333.9520
=125.268

Current CPI (Jun. 2026) = 333.9520.

Wabash National Quarterly Data

Book Value per Share CPI Adj_Book
201609 153.284 241.428 212.028
201612 161.970 241.432 224.039
201703 150.142 243.801 205.660
201706 144.736 244.955 197.321
201709 150.085 246.819 203.069
201712 172.657 246.524 233.889
201803 160.669 249.554 215.007
201806 171.291 251.989 227.006
201809 160.194 252.439 211.921
201812 168.747 251.233 224.307
201903 169.259 254.202 222.360
201906 176.211 256.143 229.739
201909 187.873 256.759 244.356
201912 183.750 256.974 238.793
202003 174.796 258.115 226.153
202006 171.555 257.797 222.234
202009 165.899 260.280 212.857
202012 153.302 260.474 196.547
202103 159.027 264.877 200.498
202106 157.776 271.696 193.929
202109 160.180 274.310 195.007
202112 136.416 278.802 163.401
202203 138.980 287.504 161.433
202206 139.696 296.311 157.442
202209 150.701 296.808 169.560
202212 162.595 296.797 182.950
202303 160.639 301.836 177.731
202306 175.218 305.109 191.782
202309 195.152 307.789 211.741
202312 205.478 306.746 223.702
202403 200.775 312.332 214.673
202406 228.012 314.175 242.365
202409 91.107 315.301 96.496
202412 91.838 315.605 97.177
202503 196.020 319.799 204.695
202506 176.527 322.561 182.761
202509 189.579 324.800 194.921
202512 163.580 324.054 168.576
202603 142.143 330.213 143.752
202606 125.268 333.952 125.268

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.

What does a Cyclically Adjusted PB Ratio of 1.32 mean?
Wabash National (MEX:WNC) has a Cyclically Adjusted PB Ratio of 1.32 as of Aug. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wabash National and its competitors. This is 48% below median its historical median of 2.52. Over the past decade, Wabash National's Cyclically Adjusted PB Ratio has ranged from 0.68 to 5.07. According to the industry distribution chart, Wabash National ranks #67 out of 165 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 40.6%.
Is Wabash National's Cyclically Adjusted PB Ratio too high?
Wabash National's current Cyclically Adjusted PB Ratio of 1.32 is 48% below median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 5.07. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.51. Wabash National's value of 1.32 is 12.6% below this industry median. Based on the distribution chart, Wabash National ranks #67 out of 165 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Wabash National has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Wabash National's Cyclically Adjusted PB Ratio compare to TWI and MTW?
According to the Farm & Heavy Construction Machinery industry distribution chart, Wabash National ranks #67 out of 165 companies for Cyclically Adjusted PB Ratio. This puts Wabash National in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Wabash National's value of 1.32 is 12.6% below this benchmark. Historically, Wabash National's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 5.07 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.51, Wabash National has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 165 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wabash National's current Cyclically Adjusted PB Ratio of 1.32 is 12.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wabash National and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wabash National's current Cyclically Adjusted PB Ratio is 1.32, which is 48% below median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wabash National stock overvalued right now?
Wabash National (MEX:WNC) has a current Cyclically Adjusted PB Ratio of 1.32. The stock's GF Value™ is MXN156.36, compared to a current price of MXN156.00 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 48% below median its 10-year median of 2.52 and 12.6% below the Farm & Heavy Construction Machinery industry median of 1.51. Wabash National's overall GF Score™ is 68/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Wabash National (MEX:WNC), the current Cyclically Adjusted PB Ratio is 1.32 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wabash National (MEX:WNC) Overvalued in 2026?

Based on GuruFocus' analysis, Wabash National stock appears to be undervalued. The current stock price of MXN156.00 is trading 0.2% below its estimated GF Value™ of MXN156.36.

Key valuation signals for MEX:WNC:

  • Cyclically Adjusted PB Ratio: 1.32 (48% below median its 10-year median of 2.52)
  • GF Value™: MXN156.36 vs. price of MXN156.00 (0.2% below fair value)
  • GF Score™: 68/100 with 11 warning signs
  • Industry Position: 12.6% below the Farm & Heavy Construction Machinery median (#67 of 165)

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


Wabash National Business Description

Other Exchanges WNC:USA0LSO:UK
Address 3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics, and distribution industries. The Company manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services. It designs and manufactures products including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
68GF Score

Get the complete analysis for MEX:WNC

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

MXN156.00
Price
MXN156.36
GF Value