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WLHSF (Wilh. Wilhelmsen Holding ASA) Cyclically Adjusted PB Ratio : 0.80 (As of Sep. 22, 2024)


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What is Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Wilh. Wilhelmsen Holding ASA's current share price is $34.65. Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $43.45. Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

WLHSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.63   Max: 1.04
Current: 0.95

During the past years, Wilh. Wilhelmsen Holding ASA's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.31. And the median was 0.63.

WLHSF's Cyclically Adjusted PB Ratio is ranked better than
64.03% of 670 companies
in the Transportation industry
Industry Median: 1.22 vs WLHSF: 0.95

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.

Wilh. Wilhelmsen Holding ASA's adjusted book value per share data for the three months ended in Jun. 2024 was $57.161. 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 $43.45 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wilh. Wilhelmsen Holding ASA'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.

Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Chart

Wilh. Wilhelmsen Holding ASA 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 0.55 0.53 0.58 0.69 0.82

Wilh. Wilhelmsen Holding ASA 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 0.66 0.73 0.82 0.76 0.83

Competitive Comparison of Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.


Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio falls into.



Wilh. Wilhelmsen Holding ASA 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.

Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.65/43.45
=0.80

* 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.

Wilh. Wilhelmsen Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Wilh. Wilhelmsen Holding ASA'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)
=57.161/133.8000*133.8000
=57.161

Current CPI (Jun. 2024) = 133.8000.

Wilh. Wilhelmsen Holding ASA Quarterly Data

Book Value per Share CPI Adj_Book
201409 41.505 98.500 56.379
201412 40.083 98.600 54.393
201503 40.535 99.200 54.673
201506 41.548 100.100 55.536
201509 35.687 100.600 47.464
201512 37.799 100.900 50.124
201603 40.622 102.500 53.027
201606 40.622 103.800 52.362
201609 42.238 104.200 54.237
201612 42.884 104.400 54.961
201703 43.854 105.000 55.883
201706 42.130 105.800 53.280
201709 42.367 105.900 53.529
201712 42.561 106.100 53.673
201803 45.363 107.300 56.566
201806 39.760 108.500 49.031
201809 41.160 109.500 50.294
201812 39.141 109.800 47.696
201903 39.932 110.400 48.396
201906 41.721 110.600 50.473
201909 41.700 111.100 50.220
201912 42.058 111.300 50.560
202003 33.109 111.200 39.838
202006 35.285 112.100 42.115
202009 38.919 112.900 46.124
202012 45.043 112.900 53.381
202103 45.222 114.600 52.798
202106 46.568 115.300 54.040
202109 44.145 117.500 50.269
202112 45.065 118.900 50.712
202203 48.228 119.800 53.864
202206 45.626 122.600 49.794
202209 44.145 125.600 47.027
202212 51.099 125.900 54.305
202303 50.628 127.600 53.088
202306 55.251 130.400 56.692
202309 58.198 129.800 59.991
202312 61.140 131.900 62.021
202403 61.887 132.600 62.447
202406 57.161 133.800 57.161

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.


Wilh. Wilhelmsen Holding ASA  (OTCPK:WLHSF) 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.


Wilh. Wilhelmsen Holding ASA Cyclically Adjusted PB Ratio Related Terms

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Wilh. Wilhelmsen Holding ASA Business Description

Address
Strandveien 20, Lysaker, NOR, NO-1366
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA Headlines

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