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Whirlpool (FRA:WHR) Cyclically Adjusted Book per Share : €63.28 (As of Mar. 2024)


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What is Whirlpool 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.

Whirlpool's adjusted book value per share for the three months ended in Mar. 2024 was €39.376. 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 €63.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Whirlpool's average Cyclically Adjusted Book Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Whirlpool was 10.70% per year. The lowest was -2.00% per year. And the median was 3.10% per year.

As of today (2024-06-07), Whirlpool's current stock price is €81.60. Whirlpool's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €63.28. Whirlpool's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Whirlpool was 4.03. The lowest was 1.21. And the median was 2.74.


Whirlpool Cyclically Adjusted Book per Share Historical Data

The historical data trend for Whirlpool'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.

Whirlpool Cyclically Adjusted Book per Share Chart

Whirlpool 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 54.04 51.57 59.09 67.01 63.43

Whirlpool Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 63.57 65.55 66.41 63.43 63.28

Competitive Comparison of Whirlpool's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool'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.


Whirlpool's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Whirlpool 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, Whirlpool'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)
=39.376/131.7762*131.7762
=39.376

Current CPI (Mar. 2024) = 131.7762.

Whirlpool Quarterly Data

Book Value per Share CPI Adj_Book
201406 49.444 100.560 64.793
201409 51.713 100.428 67.855
201412 50.791 99.070 67.559
201503 57.205 99.621 75.669
201506 56.327 100.684 73.721
201509 55.550 100.392 72.916
201512 56.546 99.792 74.669
201603 56.220 100.470 73.738
201606 57.814 101.688 74.920
201609 59.448 101.861 76.907
201612 61.146 101.863 79.102
201703 60.851 102.862 77.956
201706 57.679 103.349 73.544
201709 55.374 104.136 70.072
201712 49.962 104.011 63.299
201803 48.991 105.290 61.315
201806 31.580 106.317 39.142
201809 31.602 106.507 39.100
201812 31.465 105.998 39.117
201903 39.361 107.251 48.362
201906 38.617 108.070 47.088
201909 43.642 108.329 53.088
201912 45.643 108.420 55.476
202003 44.666 108.902 54.048
202006 43.226 108.767 52.370
202009 46.161 109.815 55.392
202012 50.690 109.897 60.782
202103 56.293 111.754 66.378
202106 65.227 114.631 74.983
202109 69.170 115.734 78.758
202112 72.690 117.630 81.432
202203 72.879 121.301 79.173
202206 69.419 125.017 73.172
202209 78.144 125.227 82.231
202212 40.837 125.222 42.975
202303 35.000 127.348 36.217
202306 33.866 128.729 34.668
202309 35.163 129.860 35.682
202312 39.381 129.419 40.098
202403 39.376 131.776 39.376

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


Whirlpool  (FRA:WHR) 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.

Whirlpool's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.60/63.28
=1.29

* 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 Whirlpool was 4.03. The lowest was 1.21. And the median was 2.74.


Be Aware

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


Whirlpool Cyclically Adjusted Book per Share Related Terms

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


Whirlpool (FRA:WHR) Business Description

Traded in Other Exchanges
Address
2000 North M-63, Benton Harbor, MI, USA, 49022-2692
Whirlpool Corp is a manufacturer and marketer of home appliances and related products. Its reportable segments consist of North America; Europe, the Middle East and Africa ("EMEA"); Latin America and Asia. Product categories include refrigeration, laundry, cooking, and dishwashing. The company has also a portfolio of small domestic appliances, including the KitchenAid stand mixer. The company's international brands include Whirlpool, KitchenAid, Maytag, Consul, and Brastemp among others.

Whirlpool (FRA:WHR) Headlines

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