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Wells Fargo (Wells Fargo) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Wells Fargo Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Wells Fargo's adjusted book value per share for the three months ended in Mar. 2024 was $39.105. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wells Fargo's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Wells Fargo was 13.90% per year. The lowest was 7.50% per year. And the median was 10.70% per year.

As of today (2024-05-26), Wells Fargo's current stock price is $19.42. Wells Fargo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Wells Fargo's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wells Fargo was 2.61. The lowest was 0.61. And the median was 1.68.


Wells Fargo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wells Fargo'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.

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Wells Fargo Cyclically Adjusted Book per Share Chart

Wells Fargo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Wells Fargo 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 Wells Fargo's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wells Fargo 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, Wells Fargo'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)
=39.105/131.7762*131.7762
=39.105

Current CPI (Mar. 2024) = 131.7762.

Wells Fargo Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.296 100.560 39.701
201409 30.714 100.428 40.301
201412 31.284 99.070 41.612
201503 31.810 99.621 42.077
201506 32.163 100.684 42.095
201509 32.852 100.392 43.122
201512 32.981 99.792 43.552
201603 33.748 100.470 44.264
201606 34.567 101.688 44.795
201609 35.024 101.861 45.310
201612 34.464 101.863 44.585
201703 34.711 102.862 44.468
201706 35.620 103.349 45.418
201709 36.094 104.136 45.674
201712 36.586 104.011 46.352
201803 36.247 105.290 45.365
201806 36.624 106.317 45.394
201809 36.337 106.507 44.958
201812 36.809 105.998 45.761
201903 38.093 107.251 46.804
201906 39.159 108.070 47.749
201909 39.128 108.329 47.597
201912 39.120 108.420 47.547
202003 39.023 108.902 47.220
202006 38.555 108.767 46.711
202009 38.738 109.815 46.485
202012 39.396 109.897 47.239
202103 39.999 111.754 47.165
202106 41.058 114.631 47.199
202109 40.652 115.734 46.287
202112 40.361 117.630 45.215
202203 38.346 121.301 41.657
202206 37.934 125.017 39.985
202209 37.610 125.227 39.577
202212 38.730 125.222 40.757
202303 38.956 127.348 40.311
202306 38.721 128.729 39.638
202309 38.847 129.860 39.420
202312 40.057 129.419 40.786
202403 39.105 131.776 39.105

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


Wells Fargo  (NYSE:WFCpC.PFD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wells Fargo was 2.61. The lowest was 0.61. And the median was 1.68.


Be Aware

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


Wells Fargo Cyclically Adjusted Book per Share Related Terms

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


Wells Fargo (Wells Fargo) Business Description

Industry
Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.