WELX (Winland Holdings) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Winland Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Winland Holdings  (OTCPK:WELX) 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.


Winland Holdings Cyclically Adjusted PB Ratio Related Terms


Winland Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Winland 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.

Winland Holdings Cyclically Adjusted PB Ratio Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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

WELX vs TRCK, IMLE, EMRN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Winland 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.


Winland Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Winland Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Winland 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.

Winland Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, Winland Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.573/244.9550*244.9550
=0.573

Current CPI (Jun. 2017) = 244.9550.

Winland Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200703 2.825 205.352 3.370
200706 2.705 208.352 3.180
200709 2.851 208.490 3.350
200712 2.851 210.036 3.325
200803 2.762 213.528 3.169
200806 2.571 218.815 2.878
200809 2.619 218.783 2.932
200812 2.619 210.228 3.052
200903 2.586 212.709 2.978
200906 2.389 215.693 2.713
200909 2.207 215.969 2.503
200912 2.211 215.949 2.508
201003 2.069 217.631 2.329
201006 1.841 217.965 2.069
201009 1.761 218.439 1.975
201012 1.251 219.179 1.398
201103 1.182 223.467 1.296
201106 1.153 225.722 1.251
201109 1.072 226.889 1.157
201112 1.047 225.672 1.136
201203 1.016 229.392 1.085
201206 1.002 229.478 1.070
201209 0.980 231.407 1.037
201212 1.063 229.601 1.134
201303 0.936 232.773 0.985
201306 0.737 233.504 0.773
201309 0.567 234.149 0.593
201312 0.367 233.049 0.386
201409 0.000 238.031 0.000
201412 0.433 234.812 0.452
201503 0.000 236.119 0.000
201506 0.000 238.638 0.000
201509 0.519 237.945 0.534
201512 0.504 236.525 0.522
201603 0.511 238.132 0.526
201606 0.510 241.018 0.518
201609 0.526 241.428 0.534
201612 0.534 241.432 0.542
201703 0.554 243.801 0.557
201706 0.573 244.955 0.573

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.


Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.