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Wayfair (Wayfair) Cyclically Adjusted Book per Share : $-8.43 (As of Dec. 2023)


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What is Wayfair 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.

Wayfair's adjusted book value per share for the three months ended in Dec. 2023 was $-22.912. 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 $-8.43 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Wayfair's current stock price is $52.01. Wayfair's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-8.43. Wayfair's Cyclically Adjusted PB Ratio of today is .


Wayfair Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wayfair'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.

Wayfair Cyclically Adjusted Book per Share Chart

Wayfair 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 - - - -6.27 -8.43

Wayfair 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 -6.27 -6.97 -7.49 -7.96 -8.43

Competitive Comparison of Wayfair's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, Wayfair'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.


Wayfair's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Wayfair 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, Wayfair'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)
=-22.912/129.4194*129.4194
=-22.912

Current CPI (Dec. 2023) = 129.4194.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.952 100.560 1.225
201409 -3.702 100.428 -4.771
201412 3.673 99.070 4.798
201503 3.385 99.621 4.398
201506 3.184 100.684 4.093
201509 3.031 100.392 3.907
201512 2.877 99.792 3.731
201603 2.422 100.470 3.120
201606 1.909 101.688 2.430
201609 1.294 101.861 1.644
201612 0.925 101.863 1.175
201703 0.422 102.862 0.531
201706 0.137 103.349 0.172
201709 0.035 104.136 0.043
201712 -0.548 104.011 -0.682
201803 -1.432 105.290 -1.760
201806 -2.185 106.317 -2.660
201809 -3.464 106.507 -4.209
201812 -3.644 105.998 -4.449
201903 -5.242 107.251 -6.326
201906 -6.573 108.070 -7.872
201909 -7.348 108.329 -8.779
201912 -10.088 108.420 -12.042
202003 -12.414 108.902 -14.753
202006 -8.283 108.767 -9.856
202009 -15.268 109.815 -17.994
202012 -11.975 109.897 -14.102
202103 -14.165 111.754 -16.404
202106 -14.886 114.631 -16.806
202109 -14.680 115.734 -16.416
202112 -15.442 117.630 -16.990
202203 -18.150 121.301 -19.365
202206 -20.324 125.017 -21.040
202209 -22.336 125.227 -23.084
202212 -23.482 125.222 -24.269
202303 -24.677 127.348 -25.078
202306 -23.959 128.729 -24.088
202309 -23.308 129.860 -23.229
202312 -22.912 129.419 -22.912

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


Wayfair  (NYSE:W) 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.


Be Aware

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


Wayfair Cyclically Adjusted Book per Share Related Terms

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


Wayfair (Wayfair) Business Description

Industry
Traded in Other Exchanges
Address
4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
Executives
Niraj Shah director, 10 percent owner, officer: Chief Executive Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Steven Conine director, 10 percent owner, officer: Chief Technology Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Thomas Netzer officer: Chief Operating Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Jon Blotner officer: Chief Commercial Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Kate Gulliver officer: CFO and Chief Admin Officer 4 COPLEY PLACE, BOSTON MA 02116
Fiona Tan officer: Chief Technology Officer 41 DISCOVERY, IRVINE CA 92618
Anke Schaferkordt director C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Steve Oblak officer: SVP and GM, Wayfair.com C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael D Fleisher officer: Chief Financial Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael W. Choe director C/O CHARLESBANK CAPITAL PARTNERS, 200 CLARENDON STREET, 54TH FLOOR, BOSTON MA 02109
James R. Miller director 4050 EAST COTTON CENTER BLVD. 6-68, PHOENIX AZ 85040
Jeremy King director C/O WAYFAIR LLC, 4 COPLEY PLACE, BOSTON MA 02116
Michael Andrew Kumin director, 10 percent owner C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Edmond Macri officer: SVP, Marketing and Analytics C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael E Sneed director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933