GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Weyco Group Inc (FRA:WY1) » Definitions » Cyclically Adjusted Book per Share

Weyco Group (FRA:WY1) Cyclically Adjusted Book per Share : €21.06 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Weyco Group 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.

Weyco Group's adjusted book value per share for the three months ended in Mar. 2024 was €24.009. 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 €21.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Weyco Group's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Weyco Group was 13.00% per year. The lowest was 3.60% per year. And the median was 7.00% per year.

As of today (2024-06-08), Weyco Group's current stock price is €27.80. Weyco Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €21.06. Weyco Group's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weyco Group was 2.17. The lowest was 0.80. And the median was 1.57.


Weyco Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Weyco Group'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.

Weyco Group Cyclically Adjusted Book per Share Chart

Weyco Group 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 - - 17.44 21.80 21.27

Weyco Group 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 20.60 21.21 22.21 21.27 21.06

Competitive Comparison of Weyco Group's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Weyco Group'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.


Weyco Group's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weyco Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Weyco Group 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, Weyco Group'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)
=24.009/131.7762*131.7762
=24.009

Current CPI (Mar. 2024) = 131.7762.

Weyco Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.073 100.560 17.131
201409 13.898 100.428 18.236
201412 14.310 99.070 19.034
201503 16.358 99.621 21.638
201506 15.823 100.684 20.709
201509 15.982 100.392 20.978
201512 16.914 99.792 22.335
201603 16.627 100.470 21.808
201606 16.394 101.688 21.245
201609 16.557 101.861 21.420
201612 18.192 101.863 23.534
201703 17.904 102.862 22.937
201706 17.046 103.349 21.735
201709 16.167 104.136 20.458
201712 16.509 104.011 20.916
201803 16.009 105.290 20.036
201806 16.479 106.317 20.425
201809 17.128 106.507 21.192
201812 17.968 105.998 22.338
201903 18.243 107.251 22.415
201906 18.260 108.070 22.266
201909 19.068 108.329 23.195
201912 19.143 108.420 23.267
202003 18.937 108.902 22.915
202006 17.760 108.767 21.517
202009 16.365 109.815 19.638
202012 15.767 109.897 18.906
202103 16.089 111.754 18.971
202106 16.076 114.631 18.480
202109 16.632 115.734 18.937
202112 18.358 117.630 20.566
202203 19.040 121.301 20.684
202206 20.005 125.017 21.087
202209 22.045 125.227 23.198
202212 22.053 125.222 23.207
202303 22.295 127.348 23.070
202306 22.305 128.729 22.833
202309 23.222 129.860 23.565
202312 23.608 129.419 24.038
202403 24.009 131.776 24.009

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


Weyco Group  (FRA:WY1) 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.

Weyco Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.80/21.06
=1.32

* 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 Weyco Group was 2.17. The lowest was 0.80. And the median was 1.57.


Be Aware

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


Weyco Group Cyclically Adjusted Book per Share Related Terms

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


Weyco Group (FRA:WY1) Business Description

Traded in Other Exchanges
Address
333 West Estabrook Boulevard, P.O. Box 1188, Milwaukee, WI, USA, 53201
Weyco Group Inc is a company, engaged in the manufacturing, designing and distribution of footwear. The company designs and markets footwear for men, women, and children. The company organizes its business into two segments; the North American wholesale and the North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.

Weyco Group (FRA:WY1) Headlines

No Headlines