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Weibo (WB) Cyclically Adjusted Book per Share : $8.49 (As of Dec. 2023)


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What is Weibo 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.

Weibo's adjusted book value per share 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 $8.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Weibo's average Cyclically Adjusted Book Growth Rate was 10.70% 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.

As of today (2024-05-19), Weibo's current stock price is $9.66. Weibo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.49. Weibo's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weibo was 3.44. The lowest was 0.90. And the median was 1.81.


Weibo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Weibo'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.

Weibo Cyclically Adjusted Book per Share Chart

Weibo 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 - - - 7.67 8.49

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 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 7.67 7.85 7.95 8.14 8.49

Competitive Comparison of Weibo's Cyclically Adjusted Book per Share

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 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, 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)
=14.009/114.7809*114.7809
=14.009

Current CPI (Dec. 2023) = 114.7809.

Weibo Quarterly Data

Book Value per Share CPI Adj_Book
201403 -1.438 98.600 -1.674
201406 2.787 98.200 3.258
201409 2.735 98.900 3.174
201412 2.746 99.000 3.184
201503 2.798 99.900 3.215
201506 2.886 99.500 3.329
201509 2.811 100.500 3.210
201512 2.925 100.600 3.337
201603 3.018 102.200 3.390
201606 3.132 101.400 3.545
201609 3.240 102.400 3.632
201612 3.454 102.600 3.864
201703 3.737 103.200 4.156
201706 4.106 103.100 4.571
201709 4.738 104.100 5.224
201712 5.355 104.500 5.882
201803 5.964 105.300 6.501
201806 6.426 104.900 7.031
201809 7.009 106.600 7.547
201812 7.763 106.500 8.367
201903 8.633 107.700 9.201
201906 9.000 107.700 9.592
201909 9.389 109.800 9.815
201912 10.089 111.200 10.414
202003 10.213 112.300 10.439
202006 11.186 110.400 11.630
202009 11.742 111.700 12.066
202012 12.352 111.500 12.715
202103 12.598 112.662 12.835
202106 13.139 111.769 13.493
202109 14.086 112.215 14.408
202112 15.192 113.108 15.417
202203 15.068 114.335 15.127
202206 14.548 114.558 14.576
202209 13.728 115.339 13.662
202212 14.221 115.116 14.180
202303 14.481 115.116 14.439
202306 13.279 114.558 13.305
202309 13.575 115.339 13.509
202312 14.009 114.781 14.009

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


Weibo  (NAS:WB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.66/8.49
=1.14

* 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 Weibo was 3.44. The lowest was 0.90. And the median was 1.81.


Be Aware

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


Weibo Cyclically Adjusted Book per Share Related Terms

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


Weibo (WB) Business Description

Industry
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.