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Wojas (WAR:WOJ) Cyclically Adjusted PB Ratio : 1.05 (As of May. 25, 2024)


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What is Wojas Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Wojas's current share price is zł8.18. Wojas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł7.80. Wojas's Cyclically Adjusted PB Ratio for today is 1.05.

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

WAR:WOJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.9   Max: 1.31
Current: 1.05

During the past years, Wojas's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.66. And the median was 0.90.

WAR:WOJ's Cyclically Adjusted PB Ratio is ranked worse than
50.14% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs WAR:WOJ: 1.05

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.

Wojas's adjusted book value per share data for the three months ended in Dec. 2023 was zł11.123. 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 zł7.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wojas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wojas'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.

Wojas Cyclically Adjusted PB Ratio Chart

Wojas 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 0.92 0.92 0.75 0.70 1.01

Wojas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 0.69 0.70 1.07 1.02 1.01

Competitive Comparison of Wojas's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Wojas'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.


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

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

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



Wojas 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.

Wojas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.18/7.8
=1.05

* 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.

Wojas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Wojas's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.123/147.7411*147.7411
=11.123

Current CPI (Dec. 2023) = 147.7411.

Wojas Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.947 101.018 7.235
201403 4.974 101.262 7.257
201406 5.020 101.180 7.330
201409 5.081 100.611 7.461
201412 5.497 100.122 8.111
201503 5.327 100.041 7.867
201506 5.162 100.448 7.592
201509 5.023 99.634 7.448
201512 5.057 99.471 7.511
201603 4.919 98.983 7.342
201606 4.870 99.552 7.227
201609 4.757 99.064 7.094
201612 5.001 100.366 7.362
201703 4.880 101.018 7.137
201706 4.826 101.180 7.047
201709 4.768 101.343 6.951
201712 6.084 102.564 8.764
201803 5.939 102.564 8.555
201806 5.784 103.378 8.266
201809 5.656 103.378 8.083
201812 6.051 103.785 8.614
201903 5.799 104.274 8.216
201906 6.003 105.983 8.368
201909 5.622 105.983 7.837
201912 5.913 107.123 8.155
202003 5.294 109.076 7.171
202006 5.370 109.402 7.252
202009 4.993 109.320 6.748
202012 4.255 109.565 5.738
202103 4.055 112.658 5.318
202106 5.874 113.960 7.615
202109 5.877 115.588 7.512
202112 6.663 119.088 8.266
202203 6.464 125.031 7.638
202206 7.148 131.705 8.018
202209 7.662 135.531 8.352
202212 8.991 139.113 9.549
202303 8.782 145.950 8.890
202309 9.800 146.113 9.909
202312 11.123 147.741 11.123

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.


Wojas  (WAR:WOJ) 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.


Wojas Cyclically Adjusted PB Ratio Related Terms

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


Wojas (WAR:WOJ) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ludzmierska 29, Nowy Targ, POL, 34-400
Wojas SA is engaged in designing, manufacturing, and marketing of leather shoes for kid, women, and men. The company produces footwear for men women, official men's footwear and special purpose footwear under different brands.

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