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Weibo (WB) Cyclically Adjusted PB Ratio : 1.15 (As of May. 15, 2024)


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What is Weibo Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Weibo's current share price is $9.72. Weibo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.48. Weibo's Cyclically Adjusted PB Ratio for today is 1.15.

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

WB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.81   Max: 3.44
Current: 1.15

During the past years, Weibo's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 0.90. And the median was 1.81.

WB's Cyclically Adjusted PB Ratio is ranked better than
62.33% of 292 companies
in the Interactive Media industry
Industry Median: 1.69 vs WB: 1.15

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.

Weibo's adjusted book value per share data for the three months ended in Dec. 2023 was $14.009. 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 $8.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weibo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Weibo'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.

Weibo Cyclically Adjusted PB Ratio Chart

Weibo 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 - - - 2.49 1.29

Weibo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.49 2.56 1.65 1.54 1.29

Competitive Comparison of Weibo's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Weibo'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.


Weibo's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Weibo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Weibo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.72/8.48
=1.15

* 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.

Weibo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Weibo'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)
=14.009/114.6694*114.6694
=14.009

Current CPI (Dec. 2023) = 114.6694.

Weibo Quarterly Data

Book Value per Share CPI Adj_Book
201403 -1.438 98.600 -1.672
201406 2.787 98.200 3.254
201409 2.735 98.900 3.171
201412 2.746 99.000 3.181
201503 2.798 99.900 3.212
201506 2.886 99.500 3.326
201509 2.811 100.500 3.207
201512 2.925 100.600 3.334
201603 3.018 102.200 3.386
201606 3.132 101.400 3.542
201609 3.240 102.400 3.628
201612 3.454 102.600 3.860
201703 3.737 103.200 4.152
201706 4.106 103.100 4.567
201709 4.738 104.100 5.219
201712 5.355 104.500 5.876
201803 5.964 105.300 6.495
201806 6.426 104.900 7.024
201809 7.009 106.600 7.540
201812 7.763 106.500 8.358
201903 8.633 107.700 9.192
201906 9.000 107.700 9.582
201909 9.389 109.800 9.805
201912 10.089 111.200 10.404
202003 10.213 112.300 10.428
202006 11.186 110.400 11.619
202009 11.742 111.700 12.054
202012 12.352 111.500 12.703
202103 12.598 112.662 12.823
202106 13.139 111.769 13.480
202109 14.086 112.215 14.394
202112 15.192 113.108 15.402
202203 15.068 114.335 15.112
202206 14.548 114.558 14.562
202209 13.728 115.339 13.648
202212 14.221 115.116 14.166
202303 14.481 115.116 14.425
202306 13.279 114.558 13.292
202309 13.575 115.339 13.496
202312 14.009 114.669 14.009

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.


Weibo  (NAS:WB) 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.


Weibo Cyclically Adjusted PB Ratio Related Terms

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


Weibo (WB) Business Description

Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.