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Wolford AG (STU:WOF) Cyclically Adjusted PB Ratio : 0.34 (As of Sep. 22, 2024)


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What is Wolford AG Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Wolford AG's current share price is €2.72. Wolford AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €8.02. Wolford AG's Cyclically Adjusted PB Ratio for today is 0.34.

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

STU:WOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.76   Max: 1.53
Current: 0.36

During the past 13 years, Wolford AG's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.25. And the median was 0.76.

STU:WOF's Cyclically Adjusted PB Ratio is ranked better than
83.11% of 598 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs STU:WOF: 0.36

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.

Wolford AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was €-1.992. 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 €8.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wolford AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wolford 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.

* Premium members only.

Wolford AG Cyclically Adjusted PB Ratio Chart

Wolford AG Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.49 0.64 0.57 0.58

Wolford AG Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.64 - 0.57 - 0.58

Competitive Comparison of Wolford AG's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Wolford 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.


Wolford AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolford AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wolford 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.

Wolford AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.72/8.02
=0.34

* 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.

Wolford AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wolford AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.992/132.5695*132.5695
=-1.992

Current CPI (Dec23) = 132.5695.

Wolford AG Annual Data

Book Value per Share CPI Adj_Book
201404 14.433 99.134 19.301
201504 14.519 100.192 19.211
201604 12.352 100.692 16.263
201704 8.688 102.791 11.205
201804 6.561 104.691 8.308
201904 6.358 106.491 7.915
202004 2.265 108.024 2.780
202112 2.298 113.971 2.673
202212 -3.171 125.541 -3.349
202312 -1.992 132.570 -1.992

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.


Wolford AG  (STU:WOF) 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.


Wolford AG Cyclically Adjusted PB Ratio Related Terms

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


Wolford AG Business Description

Traded in Other Exchanges
Address
Wolfordstrasse 1, Bregenz, AUT, 6900
Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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