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Wingstop (Wingstop) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Wingstop Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wingstop Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wingstop'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.

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Wingstop Cyclically Adjusted PB Ratio Chart

Wingstop Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Wingstop Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wingstop's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Wingstop'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.


Wingstop's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Wingstop 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.

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

For example, Wingstop'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)
=-14.79/131.7762*131.7762
=-14.790

Current CPI (Mar. 2024) = 131.7762.

Wingstop Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -0.315 99.070 -0.419
201503 -1.891 99.621 -2.501
201506 -0.610 100.684 -0.798
201509 -0.500 100.392 -0.656
201512 -0.338 99.792 -0.446
201603 -0.167 100.470 -0.219
201606 -0.003 101.688 -0.004
201609 -2.783 101.861 -3.600
201612 -2.596 101.863 -3.358
201703 -2.321 102.862 -2.973
201706 -2.106 103.349 -2.685
201709 -1.982 104.136 -2.508
201712 -2.008 104.011 -2.544
201803 -5.025 105.290 -6.289
201806 -4.807 106.317 -5.958
201809 -4.651 106.507 -5.754
201812 -7.674 105.998 -9.540
201903 -7.499 107.251 -9.214
201906 -7.349 108.070 -8.961
201909 -7.183 108.329 -8.738
201912 -7.110 108.420 -8.642
202003 -6.860 108.902 -8.301
202006 -6.510 108.767 -7.887
202009 -6.183 109.815 -7.420
202012 -11.497 109.897 -13.786
202103 -11.155 111.754 -13.154
202106 -10.834 114.631 -12.454
202109 -10.532 115.734 -11.992
202112 -10.374 117.630 -11.622
202203 -14.199 121.301 -15.425
202206 -13.889 125.017 -14.640
202209 -13.591 125.227 -14.302
202212 -13.058 125.222 -13.741
202303 -12.673 127.348 -13.114
202306 -12.187 128.729 -12.476
202309 -16.163 129.860 -16.402
202312 -15.590 129.419 -15.874
202403 -14.790 131.776 -14.790

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.


Wingstop  (NAS:WING) 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.


Wingstop Cyclically Adjusted PB Ratio Related Terms

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


Wingstop (Wingstop) Business Description

Traded in Other Exchanges
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
Executives
Donnie Upshaw officer: Senior Vice President, People 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer officer: SVP, Chief Growth Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald director
Michael Skipworth officer: Corporate Controller 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor officer: SVP, Pres. of International C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona officer: VP Strategy & Chief of Staff 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson officer: Chief Information Officer 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath officer: See Remarks C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood officer: SVP, U.S. Development C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith director C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida officer: SVP, Chief Financial Officer C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet officer: See Remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison director, officer: President and CEO 3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani officer: See remarks 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240