W (Wayfair) 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.
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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.

W Wayfair Inc W
59 GF Score
Price $85.05
GF Value $53.82
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  (NYSE: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

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.


W
59GF Score
Wayfair Inc 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)
=-21.593/330.2130*330.2130
=-21.593

Current CPI (Mar. 2026) = 330.2130.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.909 241.018 2.615
201609 1.294 241.428 1.770
201612 0.925 241.432 1.265
201703 0.422 243.801 0.572
201706 0.137 244.955 0.185
201709 0.035 246.819 0.047
201712 -0.548 246.524 -0.734
201803 -1.432 249.554 -1.895
201806 -2.185 251.989 -2.863
201809 -3.464 252.439 -4.531
201812 -3.644 251.233 -4.790
201903 -5.242 254.202 -6.809
201906 -6.573 256.143 -8.474
201909 -7.348 256.759 -9.450
201912 -10.088 256.974 -12.963
202003 -12.414 258.115 -15.882
202006 -8.283 257.797 -10.610
202009 -15.268 260.280 -19.370
202012 -11.974 260.474 -15.180
202103 -14.165 264.877 -17.659
202106 -14.886 271.696 -18.092
202109 -14.680 274.310 -17.672
202112 -15.442 278.802 -18.289
202203 -18.150 287.504 -20.846
202206 -20.324 296.311 -22.649
202209 -22.336 296.808 -24.850
202212 -23.482 296.797 -26.126
202303 -24.677 301.836 -26.997
202306 -23.959 305.109 -25.930
202309 -23.308 307.789 -25.006
202312 -22.912 306.746 -24.665
202403 -23.458 312.332 -24.801
202406 -22.615 314.175 -23.769
202409 -22.115 315.301 -23.161
202412 -21.966 315.605 -22.983
202503 -22.127 319.799 -22.848
202506 -21.178 322.561 -21.680
202509 -21.339 324.800 -21.695
202512 -21.344 324.054 -21.750
202603 -21.593 330.213 -21.593

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 (W) Overvalued in 2026?

Based on GuruFocus' analysis, Wayfair stock appears to be overvalued. The current stock price of $85.05 is trading 58% above its estimated GF Value™ of $53.82. GuruFocus considers Wayfair to be Significantly Overvalued.

Key valuation signals for W:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $53.82 vs. price of $85.05 (58% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the 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.
59GF Score

Get the complete analysis for W

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

$85.05
Price
$53.82
GF Value