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Weyerhaeuser Co (BSP:W1YC34) Cyclically Adjusted Book per Share : R$64.40 (As of Dec. 2023)


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What is Weyerhaeuser Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Weyerhaeuser Co's adjusted book value per share for the three months ended in Dec. 2023 was R$68.728. 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 R$64.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Weyerhaeuser Co's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Weyerhaeuser Co was 7.90% per year. The lowest was -4.90% per year. And the median was 2.20% per year.

As of today (2024-04-29), Weyerhaeuser Co's current stock price is R$162.88. Weyerhaeuser Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$64.40. Weyerhaeuser Co's Cyclically Adjusted PB Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weyerhaeuser Co was 3.51. The lowest was 1.32. And the median was 2.58.


Weyerhaeuser Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Weyerhaeuser Co's Cyclically Adjusted Book per Share 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.

Weyerhaeuser Co Cyclically Adjusted Book per Share Chart

Weyerhaeuser Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 59.63 70.73 72.39 64.40

Weyerhaeuser Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 72.39 69.46 62.74 75.56 64.40

Competitive Comparison of Weyerhaeuser Co's Cyclically Adjusted Book per Share

For the REIT - Specialty subindustry, Weyerhaeuser Co'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.


Weyerhaeuser Co's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Weyerhaeuser Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Weyerhaeuser Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=68.728/129.4194*129.4194
=68.728

Current CPI (Dec. 2023) = 129.4194.

Weyerhaeuser Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.180 99.695 35.284
201406 26.975 100.560 34.717
201409 25.991 100.428 33.494
201412 26.647 99.070 34.810
201503 30.358 99.621 39.439
201506 29.724 100.684 38.207
201509 37.151 100.392 47.893
201512 36.909 99.792 47.867
201603 50.020 100.470 64.432
201606 43.976 101.688 55.969
201609 39.973 101.861 50.788
201612 41.134 101.863 52.262
201703 38.354 102.862 48.256
201706 39.796 103.349 49.835
201709 37.625 104.136 46.760
201712 38.826 104.011 48.311
201803 38.961 105.290 47.890
201806 46.194 106.317 56.232
201809 49.670 106.507 60.355
201812 47.065 105.998 57.465
201903 45.386 107.251 54.767
201906 45.156 108.070 54.077
201909 47.544 108.329 56.800
201912 45.032 108.420 53.754
202003 46.812 108.902 55.632
202006 57.025 108.767 67.853
202009 61.691 109.815 72.704
202012 60.101 109.897 70.778
202103 70.203 111.754 81.300
202106 69.749 114.631 78.747
202109 73.078 115.734 81.719
202112 81.475 117.630 89.641
202203 68.340 121.301 72.914
202206 73.605 125.017 76.197
202209 77.053 125.227 79.633
202212 76.942 125.222 79.521
202303 71.647 127.348 72.813
202306 67.348 128.729 67.709
202309 69.184 129.860 68.950
202312 68.728 129.419 68.728

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Weyerhaeuser Co  (BSP:W1YC34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Weyerhaeuser Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=162.88/64.4
=2.53

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weyerhaeuser Co was 3.51. The lowest was 1.32. And the median was 2.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Weyerhaeuser Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Weyerhaeuser Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Weyerhaeuser Co (BSP:W1YC34) Business Description

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Address
220 Occidental Avenue South, Seattle, WA, USA, 98104-7800
Weyerhaeuser ranks among the world's largest forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.

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