GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Winnebago Industries Inc (NYSE:WGO) » Definitions » Cyclically Adjusted PB Ratio

Winnebago Industries (Winnebago Industries) Cyclically Adjusted PB Ratio : 2.48 (As of Apr. 29, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Winnebago Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Winnebago Industries's current share price is $63.27. Winnebago Industries's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $25.51. Winnebago Industries's Cyclically Adjusted PB Ratio for today is 2.48.

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

WGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.95   Max: 7.98
Current: 2.47

During the past years, Winnebago Industries's highest Cyclically Adjusted PB Ratio was 7.98. The lowest was 2.19. And the median was 3.95.

WGO's Cyclically Adjusted PB Ratio is ranked worse than
72.68% of 904 companies
in the Vehicles & Parts industry
Industry Median: 1.235 vs WGO: 2.47

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.

Winnebago Industries's adjusted book value per share data for the three months ended in Feb. 2024 was $45.208. 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 $25.51 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Winnebago Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Winnebago Industries'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.

Winnebago Industries Cyclically Adjusted PB Ratio Chart

Winnebago Industries Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 4.71 4.77 3.00 2.74

Winnebago Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.98 2.47 2.74 2.63 2.81

Competitive Comparison of Winnebago Industries's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, Winnebago Industries'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.


Winnebago Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Winnebago Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Winnebago Industries 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.

Winnebago Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.27/25.51
=2.48

* 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.

Winnebago Industries's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Winnebago Industries's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=45.208/129.4194*129.4194
=45.208

Current CPI (Feb. 2024) = 129.4194.

Winnebago Industries Quarterly Data

Book Value per Share CPI Adj_Book
201405 6.800 100.373 8.768
201408 7.126 100.352 9.190
201411 7.273 99.635 9.447
201502 7.500 99.032 9.801
201505 7.825 100.333 10.094
201508 8.199 100.548 10.553
201511 9.030 100.135 11.671
201602 9.209 100.040 11.914
201605 9.628 101.355 12.294
201608 9.976 101.617 12.705
201611 12.599 101.829 16.013
201702 12.747 102.779 16.051
201705 13.178 103.256 16.517
201708 13.980 103.587 17.466
201711 14.434 104.072 17.949
201802 15.092 105.052 18.593
201805 16.043 106.148 19.560
201808 16.949 106.383 20.619
201811 17.611 106.338 21.434
201902 18.126 106.649 21.996
201905 19.140 108.048 22.926
201908 20.061 108.245 23.985
201911 23.382 108.519 27.885
202002 23.839 109.139 28.269
202005 23.337 108.175 27.920
202008 24.595 109.662 29.026
202011 26.016 109.793 30.666
202102 28.088 110.968 32.758
202105 30.111 113.576 34.311
202108 31.968 115.421 35.845
202111 34.813 117.269 38.420
202202 36.937 119.703 39.935
202205 39.859 123.323 41.829
202208 41.667 124.958 43.155
202211 42.249 125.607 43.531
202302 43.703 126.928 44.561
202305 45.076 128.314 45.464
202308 45.909 129.538 45.867
202311 46.370 129.548 46.324
202402 45.208 129.419 45.208

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.


Winnebago Industries  (NYSE:WGO) 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.


Winnebago Industries Cyclically Adjusted PB Ratio Related Terms

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


Winnebago Industries (Winnebago Industries) Business Description

Traded in Other Exchanges
Address
13200 Pioneer Trail, Eden Prairie, MN, USA, 55347
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
Executives
Christopher David West officer: VP - Operations N60W27221 TRAPPERS RUN, SUSSEX WI 53089
Richard D Moss director 1715 WEST 38TH STREET, CHATTANOOGA TN 37409
William C. Fisher director 2100 HIGHWAY 55, MEDINA MN 55340
Ashis Nayan Bhattacharya officer: VP Strategic Development & Pla 6341 URBANDALE LANE NORTH, MAPLE GROVE MN 55311
Staci L Kroon director 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
Donald Jeff Clark officer: President & CEO Grand Design 13429 WOODED KNOLL TRAIL, MIDDLEBURY IN 46540
Casey J Tubman officer: PRESIDENT, NEWMAR CORPORATION 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
Maria Favlana Blase director PO BOX 152, FOREST CITY IA 50436
Jacqueline D. Woods director PO BOX 152, FOREST CITY IA 50436
Kevin E. Bryant director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Matthew L. Miller officer: VP, WGO, President, Newmar P.O. BOX 152, FOREST CITY IA 50436
Bret A Woodson officer: VP-Administration P.O. BOX 152, FOREST CITY IA 50436
Huw Bower officer: President, Winnebago Outdoors C/O BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Michael J Happe director, officer: CEO & President P.O. BOX 152, FOREST CITY IA 50436
Christopher J Braun director P.O. BOX 152, FOREST CITY IA 50436