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Wirecard AG (Wirecard AG) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Wirecard AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wirecard AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wirecard AG'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.

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Wirecard AG Cyclically Adjusted PB Ratio Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Wirecard AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wirecard AG 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.

Wirecard AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Wirecard AG's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=20.631/106.0177*106.0177
=20.631

Current CPI (Sep. 2019) = 106.0177.

Wirecard AG Quarterly Data

Book Value per Share CPI Adj_Book
200912 3.506 92.919 4.000
201003 3.422 93.199 3.893
201006 3.155 93.199 3.589
201009 3.558 93.385 4.039
201012 3.766 94.132 4.242
201103 4.165 95.065 4.645
201106 4.320 95.158 4.813
201109 4.350 95.624 4.823
201112 4.406 95.998 4.866
201203 6.412 97.117 7.000
201206 6.163 96.744 6.754
201209 5.997 97.584 6.515
201212 6.337 97.957 6.858
201303 6.450 98.516 6.941
201306 6.634 98.516 7.139
201309 6.964 98.983 7.459
201312 7.422 99.356 7.920
201403 11.146 99.543 11.871
201406 11.038 99.543 11.756
201409 10.836 99.823 11.509
201412 10.713 99.543 11.410
201503 9.743 99.717 10.359
201506 10.205 100.417 10.774
201509 10.447 100.417 11.030
201512 11.289 99.717 12.002
201603 11.764 100.017 12.470
201606 12.191 100.717 12.833
201609 12.720 101.017 13.350
201612 12.664 101.217 13.265
201703 13.228 101.417 13.828
201706 13.751 102.117 14.276
201709 14.922 102.717 15.401
201712 15.708 102.617 16.229
201803 16.665 102.917 17.167
201806 16.397 104.017 16.712
201809 17.089 104.718 17.301
201812 17.703 104.217 18.009
201903 18.727 104.217 19.050
201906 19.616 105.718 19.672
201909 20.631 106.018 20.631

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.


Wirecard AG  (OTCPK:WRCDF) 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.


Wirecard AG Cyclically Adjusted PB Ratio Related Terms

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Wirecard AG (Wirecard AG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.

Wirecard AG (Wirecard AG) Headlines

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