GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WSP Global Inc (TSX:WSP) » Definitions » Cyclically Adjusted PB Ratio

WSP Global (TSX:WSP) Cyclically Adjusted PB Ratio : 6.06 (As of Jan. 18, 2025)


View and export this data going back to 2006. Start your Free Trial

What is WSP Global Cyclically Adjusted PB Ratio?

As of today (2025-01-18), WSP Global's current share price is C$246.95. WSP Global's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$40.78. WSP Global's Cyclically Adjusted PB Ratio for today is 6.06.

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

TSX:WSP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.59   Max: 6.33
Current: 6.06

During the past years, WSP Global's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 2.16. And the median was 3.59.

TSX:WSP's Cyclically Adjusted PB Ratio is ranked worse than
91.19% of 1226 companies
in the Construction industry
Industry Median: 1.19 vs TSX:WSP: 6.06

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.

WSP Global's adjusted book value per share data for the three months ended in Sep. 2024 was C$54.726. 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 C$40.78 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WSP Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WSP Global'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.

WSP Global Cyclically Adjusted PB Ratio Chart

WSP Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 4.55 6.12 4.59 4.88

WSP Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.12 4.88 5.78 5.31 5.89

Competitive Comparison of WSP Global's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, WSP Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WSP Global 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.

WSP Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=246.95/40.78
=6.06

* 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.

WSP Global's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, WSP Global's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=54.726/127.2847*127.2847
=54.726

Current CPI (Sep. 2024) = 127.2847.

WSP Global Quarterly Data

Book Value per Share CPI Adj_Book
201412 24.290 98.367 31.431
201503 25.278 99.789 32.243
201506 26.128 100.500 33.091
201509 28.607 100.421 36.260
201512 29.383 99.947 37.420
201603 28.273 101.054 35.612
201606 27.788 102.002 34.676
201609 28.045 101.765 35.078
201612 28.209 101.449 35.393
201703 28.475 102.634 35.314
201706 28.566 103.029 35.291
201709 28.391 103.345 34.968
201712 28.683 103.345 35.327
201803 29.745 105.004 36.057
201806 29.918 105.557 36.076
201809 29.857 105.636 35.976
201812 31.204 105.399 37.683
201903 30.918 106.979 36.786
201906 30.808 107.690 36.414
201909 31.065 107.611 36.744
201912 31.443 107.769 37.137
202003 32.277 107.927 38.066
202006 35.473 108.401 41.652
202009 35.903 108.164 42.250
202012 35.940 108.559 42.139
202103 36.033 110.298 41.582
202106 37.618 111.720 42.859
202109 39.173 112.905 44.162
202112 39.602 113.774 44.305
202203 40.025 117.646 43.304
202206 40.169 120.806 42.323
202209 46.727 120.648 49.297
202212 48.259 120.964 50.781
202303 48.827 122.702 50.651
202306 49.115 124.203 50.334
202309 50.327 125.230 51.153
202312 50.768 125.072 51.666
202403 51.583 126.258 52.003
202406 53.134 127.522 53.035
202409 54.726 127.285 54.726

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.


WSP Global  (TSX:WSP) 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.


WSP Global Cyclically Adjusted PB Ratio Related Terms

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


WSP Global Business Description

Industry
Traded in Other Exchanges
Address
1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( United States and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).
Executives
Canada Pension Plan Investment Board 10% Security Holder
Caisse De Dépôt Et Placement Du Québec 10% Security Holder
Guy Templeton Senior Officer
Birgit Norgaard Director
Pierre Shoiry Director, Senior Officer
Philippe Fortier Senior Officer
Alexandre L'heureux Director, Senior Officer
Alain Michaud Senior Officer
Mark Naysmith Senior Officer
Robert Ouellette Senior Officer
Jan Magnus Meyer Senior Officer
David Langlois Senior Officer
Isabelle Adjahi Senior Officer
Paul Raymond Director

WSP Global Headlines

No Headlines