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W.W. Grainger (WBO:GWW) Cyclically Adjusted PB Ratio : 20.66 (As of Sep. 25, 2024)


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What is W.W. Grainger Cyclically Adjusted PB Ratio?

As of today (2024-09-25), W.W. Grainger's current share price is €932.80. W.W. Grainger's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €45.16. W.W. Grainger's Cyclically Adjusted PB Ratio for today is 20.66.

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

WBO:GWW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.12   Med: 7.74   Max: 21.83
Current: 21.54

During the past years, W.W. Grainger's highest Cyclically Adjusted PB Ratio was 21.83. The lowest was 4.12. And the median was 7.74.

WBO:GWW's Cyclically Adjusted PB Ratio is ranked worse than
99.18% of 122 companies
in the Industrial Distribution industry
Industry Median: 1.285 vs WBO:GWW: 21.54

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.

W.W. Grainger's adjusted book value per share data for the three months ended in Jun. 2024 was €62.280. 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 €45.16 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.W. Grainger Cyclically Adjusted PB Ratio Historical Data

The historical data trend for W.W. Grainger'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.

W.W. Grainger Cyclically Adjusted PB Ratio Chart

W.W. Grainger 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 8.26 9.85 11.88 12.19 17.61

W.W. Grainger Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 16.86 14.66 17.61 21.21 18.68

Competitive Comparison of W.W. Grainger's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, W.W. Grainger'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.


W.W. Grainger's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



W.W. Grainger 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.

W.W. Grainger's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=932.80/45.16
=20.66

* 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.

W.W. Grainger's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, W.W. Grainger's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=62.28/132.5538*132.5538
=62.280

Current CPI (Jun. 2024) = 132.5538.

W.W. Grainger Quarterly Data

Book Value per Share CPI Adj_Book
201409 38.652 100.428 51.016
201412 38.605 99.070 51.653
201503 43.258 99.621 57.558
201506 40.792 100.684 53.704
201509 33.507 100.392 44.242
201512 33.545 99.792 44.558
201603 33.202 100.470 43.804
201606 31.432 101.688 40.973
201609 30.554 101.861 39.761
201612 28.985 101.863 37.718
201703 28.732 102.862 37.026
201706 26.586 103.349 34.099
201709 26.024 104.136 33.126
201712 25.352 104.011 32.309
201803 25.634 105.290 32.272
201806 28.884 106.317 36.012
201809 29.485 106.507 36.696
201812 30.227 105.998 37.800
201903 31.461 107.251 38.884
201906 31.186 108.070 38.252
201909 31.539 108.329 38.592
201912 31.097 108.420 38.019
202003 30.636 108.902 37.290
202006 31.975 108.767 38.968
202009 33.711 109.815 40.691
202012 28.608 109.897 34.506
202103 29.273 111.754 34.721
202106 29.774 114.631 34.429
202109 30.143 115.734 34.524
202112 32.380 117.630 36.488
202203 36.976 121.301 40.406
202206 40.867 125.017 43.331
202209 46.041 125.227 48.735
202212 45.832 125.222 48.516
202303 50.930 127.348 53.012
202306 54.182 128.729 55.792
202309 58.231 129.860 59.439
202312 57.920 129.419 59.323
202403 59.970 131.776 60.324
202406 62.280 132.554 62.280

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.


W.W. Grainger  (WBO:GWW) 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.


W.W. Grainger Cyclically Adjusted PB Ratio Related Terms

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


W.W. Grainger Business Description

Traded in Other Exchanges
Address
100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves about 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.

W.W. Grainger Headlines

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