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Wacker Neuson SE (XSWX:WAC) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Wacker Neuson SE Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Neuson SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Cyclically Adjusted PB Ratio Chart

Wacker Neuson SE 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 1.12 1.12 1.50 0.88 0.92

Wacker Neuson SE 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 1.14 0.98 0.92 0.85 0.76

Competitive Comparison of Wacker Neuson SE's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wacker Neuson SE's Cyclically Adjusted PB Ratio falls into.



Wacker Neuson SE 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.

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

For example, Wacker Neuson SE'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)
=20.873/125.8815*125.8815
=20.873

Current CPI (Jun. 2024) = 125.8815.

Wacker Neuson SE Quarterly Data

Book Value per Share CPI Adj_Book
201409 17.045 99.823 21.495
201412 17.347 99.543 21.937
201503 16.094 99.717 20.317
201506 15.599 100.417 19.555
201509 16.273 100.417 20.400
201512 16.445 99.717 20.760
201603 16.548 100.017 20.827
201606 16.338 100.717 20.420
201609 16.536 101.017 20.606
201612 16.666 101.217 20.727
201703 16.807 101.417 20.861
201706 16.781 102.117 20.686
201709 18.032 102.717 22.099
201712 18.547 102.617 22.752
201803 18.726 102.917 22.904
201806 19.310 104.017 23.369
201809 19.332 104.718 23.239
201812 19.650 104.217 23.735
201903 19.999 104.217 24.156
201906 18.902 105.718 22.507
201909 18.933 106.018 22.480
201912 19.068 105.818 22.683
202003 18.673 105.718 22.235
202006 18.967 106.618 22.394
202009 19.126 105.818 22.752
202012 18.770 105.518 22.392
202103 19.810 107.518 23.193
202106 19.328 108.486 22.427
202109 19.498 109.435 22.428
202112 19.084 110.384 21.763
202203 19.324 113.968 21.344
202206 19.279 115.760 20.965
202209 19.261 118.818 20.406
202212 20.131 119.345 21.234
202303 21.068 122.402 21.667
202306 20.634 123.140 21.093
202309 20.947 124.195 21.232
202312 20.717 123.773 21.070
202403 21.570 125.038 21.715
202406 20.873 125.882 20.873

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.


Wacker Neuson SE  (XSWX:WAC) 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.


Wacker Neuson SE Cyclically Adjusted PB Ratio Related Terms

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


Wacker Neuson SE Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE Headlines

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