WillScot Holdings (STU:WS11) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:WS11 WillScot Holdings Corp STU:WS11
73 GF Score
Price €22.40
GF Value €31.86
Valuation Possible Value Trap
! 7 Warning Signs
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What is WillScot Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


WillScot Holdings  (STU:WS11) 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.


WillScot Holdings Cyclically Adjusted PB Ratio Related Terms


WillScot Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WillScot 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.

WillScot Holdings Cyclically Adjusted PB Ratio Chart

WillScot Holdings 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 2.18

WillScot Holdings 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 3.05 2.38 2.18 2.02 0.00

STU:WS11 vs EQPT, HRI, CAR: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, WillScot 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.


WillScot Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, WillScot Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:WS11
73GF Score
WillScot Holdings Corp STU:WS11
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WillScot 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.

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

For example, WillScot Holdings'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)
=4.348/333.9520*333.9520
=4.348

Current CPI (Jun. 2026) = 333.9520.

WillScot Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.585 241.428 11.875
201612 9.139 241.432 12.641
201703 9.018 243.801 12.353
201706 8.582 244.955 11.700
201709 8.090 246.819 10.946
201712 4.349 246.524 5.891
201803 4.118 249.554 5.511
201806 4.333 251.989 5.742
201809 5.676 252.439 7.509
201812 5.170 251.233 6.872
201903 5.135 254.202 6.746
201906 5.064 256.143 6.602
201909 5.189 256.759 6.749
201912 4.058 256.974 5.274
202003 5.070 258.115 6.560
202006 5.165 257.797 6.691
202009 7.800 260.280 10.008
202012 7.407 260.474 9.496
202103 7.429 264.877 9.366
202106 7.338 271.696 9.019
202109 7.436 274.310 9.053
202112 7.891 278.802 9.452
202203 8.000 287.504 9.292
202206 7.766 296.311 8.753
202209 8.038 296.808 9.044
202212 7.106 296.797 7.996
202303 7.170 301.836 7.933
202306 6.693 305.109 7.326
202309 6.358 307.789 6.898
202312 6.088 306.746 6.628
202403 6.372 312.332 6.813
202406 5.918 314.175 6.291
202409 5.077 315.301 5.377
202412 5.299 315.605 5.607
202503 5.109 319.799 5.335
202506 4.922 322.561 5.096
202509 4.964 324.800 5.104
202512 4.036 324.054 4.159
202603 4.160 330.213 4.207
202606 4.348 333.952 4.348

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 WillScot Holdings (STU:WS11) Overvalued in 2026?

Based on GuruFocus' analysis, WillScot Holdings stock appears to be undervalued. The current stock price of €22.40 is trading 29.7% below its estimated GF Value™ of €31.86. GuruFocus considers WillScot Holdings to be Possible Value Trap.

Key valuation signals for STU:WS11:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €31.86 vs. price of €22.40 (29.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the STU:WS11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WillScot Holdings Business Description

Other Exchanges WSC:USA1WSC:Italy
Address 6400 East McDowell Road, Suite 300, Scottsdale, AZ, USA, 85257
WillScot Holdings Corp designs, delivers, and services on-site, on-demand space solutions for clients. The company offers turnkey solutions in construction, education, manufacturing, retail, healthcare, and entertainment sectors. The products of the company include modular office complexes, mobile offices, classrooms, blast-resistant modules, clearspan structures, sanitation solutions, portable storage containers, and climate-controlled containers and trailers.
73GF Score

Get the complete analysis for STU:WS11

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

€22.40
Price
€31.86
GF Value