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The Western Union Co (The Western Union Co) Cyclically Adjusted PB Ratio : 10.78 (As of Apr. 27, 2024)


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What is The Western Union Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), The Western Union Co's current share price is $13.47. The Western Union Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.25. The Western Union Co's Cyclically Adjusted PB Ratio for today is 10.78.

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

WU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.15   Med: 14.68   Max: 20.57
Current: 10.63

During the past years, The Western Union Co's highest Cyclically Adjusted PB Ratio was 20.57. The lowest was 8.15. And the median was 14.68.

WU's Cyclically Adjusted PB Ratio is ranked worse than
98.06% of 258 companies
in the Credit Services industry
Industry Median: 0.875 vs WU: 10.63

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.

The Western Union Co's adjusted book value per share data for the three months ended in Mar. 2024 was $1.172. 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 $1.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Western Union Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Western Union Co'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.

The Western Union Co Cyclically Adjusted PB Ratio Chart

The Western Union Co 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 19.84 17.22 13.31 10.41 9.27

The Western Union Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.39 8.81 9.97 9.27 11.18

Competitive Comparison of The Western Union Co's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, The Western Union 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.


The Western Union Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, The Western Union Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Western Union Co 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.

The Western Union Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.47/1.25
=10.78

* 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.

The Western Union Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Western Union Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.172/129.4194*129.4194
=1.172

Current CPI (Mar. 2024) = 129.4194.

The Western Union Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.018 100.560 2.597
201409 2.253 100.428 2.903
201412 2.494 99.070 3.258
201503 2.611 99.621 3.392
201506 2.553 100.684 3.282
201509 2.662 100.392 3.432
201512 2.796 99.792 3.626
201603 2.520 100.470 3.246
201606 2.693 101.688 3.427
201609 2.860 101.861 3.634
201612 1.874 101.863 2.381
201703 1.590 102.862 2.001
201706 1.424 103.349 1.783
201709 1.545 104.136 1.920
201712 -1.071 104.011 -1.333
201803 -0.816 105.290 -1.003
201806 -1.006 106.317 -1.225
201809 -0.936 106.507 -1.137
201812 -0.702 105.998 -0.857
201903 -0.864 107.251 -1.043
201906 0.071 108.070 0.085
201909 -0.047 108.329 -0.056
201912 -0.094 108.420 -0.112
202003 -0.364 108.902 -0.433
202006 -0.179 108.767 -0.213
202009 0.163 109.815 0.192
202012 0.454 109.897 0.535
202103 0.534 111.754 0.618
202106 0.703 114.631 0.794
202109 0.913 115.734 1.021
202112 0.903 117.630 0.994
202203 0.911 121.301 0.972
202206 1.161 125.017 1.202
202209 1.369 125.227 1.415
202212 1.279 125.222 1.322
202303 1.476 127.348 1.500
202306 1.673 128.729 1.682
202309 1.673 129.860 1.667
202312 1.367 129.419 1.367
202403 1.172 129.419 1.172

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.


The Western Union Co  (NYSE:WU) 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.


The Western Union Co Cyclically Adjusted PB Ratio Related Terms

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


The Western Union Co (The Western Union Co) Business Description

Traded in Other Exchanges
Address
7001 East Belleview Avenue, Denver, CO, USA, 80237
Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2022 and is the largest money transfer company in the world.
Executives
Estebarena Rodrigo Garcia officer: President of North America 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Suzette Deering director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jeffrey A Joerres director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
Giovanni Angelini officer: Head of Europe and Africa 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Matthew Cagwin officer: Interim Chief Financ. Officer C/O FIRST DATA CORPORATION, FIRST DATA, 225 LIBERTY STREET, NEW YORK NY 10281
Cherie Axelrod officer: Chief Enterprise Risk Officer 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Benjamin Carlton Adams officer: Chief Legal Officer & Corp Sec 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
David Cebollero officer: Interim Chief Legal Officer 7001 E. BELLEVIEW AVENUE, DENVER CO 80237
Andrew D Walker officer: Chief Operations Officer 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jean Claude Farah officer: EVP, President-Global Payments 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Devin Mcgranahan director, officer: CEO & President 255 FISERV DRIVE, BROOKFIELD WI 53045
Gabriella Fitzgerald officer: President Americas Region 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Andrew Summerill officer: President, Payments (Interim) 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Caroline Tsai officer: EVP, Secretary & Gen. Counsel 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jacqueline D Molnar officer: Glbl Hd-Transformation & Compl 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237