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Walmart (XTER:WMT) Cyclically Adjusted PB Ratio : 8.80 (As of Jun. 28, 2025)


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What is Walmart Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Walmart's current share price is €83.01. Walmart's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was €9.43. Walmart's Cyclically Adjusted PB Ratio for today is 8.80.

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

XTER:WMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 4.72   Max: 9.73
Current: 9.02

During the past years, Walmart's highest Cyclically Adjusted PB Ratio was 9.73. The lowest was 2.77. And the median was 4.72.

XTER:WMT's Cyclically Adjusted PB Ratio is ranked worse than
90.04% of 241 companies
in the Retail - Defensive industry
Industry Median: 1.68 vs XTER:WMT: 9.02

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.

Walmart's adjusted book value per share data for the three months ended in Apr. 2025 was €9.338. 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 €9.43 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walmart Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Walmart'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.

Walmart Cyclically Adjusted PB Ratio Chart

Walmart Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 4.93 4.76 5.31 9.18

Walmart Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 5.62 6.49 7.71 9.18 9.01

Competitive Comparison of Walmart's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Walmart'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.


Walmart's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Walmart's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Walmart 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.

Walmart's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.01/9.43
=8.80

* 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.

Walmart's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Walmart's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=9.338/135.3468*135.3468
=9.338

Current CPI (Apr. 2025) = 135.3468.

Walmart Quarterly Data

Book Value per Share CPI Adj_Book
201507 7.433 100.691 9.991
201510 7.362 100.346 9.930
201601 7.820 99.957 10.589
201604 7.065 100.947 9.473
201607 7.454 101.524 9.937
201610 7.637 101.988 10.135
201701 7.998 102.456 10.566
201704 7.581 103.167 9.946
201707 7.376 103.278 9.666
201710 7.278 104.070 9.465
201801 7.210 104.578 9.331
201804 6.955 105.708 8.905
201807 6.920 106.324 8.809
201810 7.168 106.695 9.093
201901 7.300 106.200 9.303
201904 7.070 107.818 8.875
201907 7.345 108.250 9.184
201910 7.605 108.577 9.480
202001 8.009 108.841 9.959
202004 7.389 108.173 9.245
202007 7.706 109.318 9.541
202010 8.150 109.861 10.041
202101 7.851 110.364 9.628
202104 7.782 112.673 9.348
202107 8.137 115.183 9.561
202110 8.510 116.696 9.870
202201 8.885 118.619 10.138
202204 8.637 121.978 9.584
202207 9.338 125.002 10.111
202210 9.051 125.734 9.743
202301 8.787 126.223 9.422
202304 8.170 127.992 8.639
202307 8.905 128.974 9.345
202310 9.314 129.810 9.711
202401 9.559 130.124 9.943
202404 9.413 132.289 9.631
202407 9.687 132.708 9.880
202410 10.068 133.182 10.232
202501 10.957 134.029 11.065
202504 9.338 135.347 9.338

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.


Walmart  (XTER:WMT) 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.


Walmart Cyclically Adjusted PB Ratio Related Terms

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


Walmart Business Description

Address
702 S.W. 8th Street, Bentonville, AR, USA, 72716
Walmart is a leading retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 locations globally. Walmart generated over $460 billion in domestic namesake sales in fiscal 2025, with Sam's Club contributing another $90 billion to the company's top line. Internationally, Walmart generated $120 billion in sales. The retailer serves around 270 million customers globally each week.