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Workiva (FRA:0WKA) Cyclically Adjusted PB Ratio : 192.50 (As of May. 17, 2024)


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What is Workiva Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Workiva's current share price is €77.00. Workiva's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.40. Workiva's Cyclically Adjusted PB Ratio for today is 192.50.

The historical rank and industry rank for Workiva's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:0WKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 148.17   Med: 173.84   Max: 197.31
Current: 191.58

During the past years, Workiva's highest Cyclically Adjusted PB Ratio was 197.31. The lowest was 148.17. And the median was 173.84.

FRA:0WKA's Cyclically Adjusted PB Ratio is ranked worse than
99.85% of 1340 companies
in the Software industry
Industry Median: 2.61 vs FRA:0WKA: 191.58

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.

Workiva's adjusted book value per share data for the three months ended in Mar. 2024 was €-1.396. 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 €0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workiva Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Workiva'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.

* Premium members only.

Workiva Cyclically Adjusted PB Ratio Chart

Workiva Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 206.94

Workiva Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 170.57 167.77 187.74 206.94 193.11

Competitive Comparison of Workiva's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Workiva'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.


Workiva's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Workiva's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Workiva 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.

Workiva's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.00/0.4
=192.50

* 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.

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

For example, Workiva'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)
=-1.396/131.7762*131.7762
=-1.396

Current CPI (Mar. 2024) = 131.7762.

Workiva Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.019 100.428 0.025
201412 1.142 99.070 1.519
201503 1.164 99.621 1.540
201506 0.940 100.684 1.230
201509 0.703 100.392 0.923
201512 0.577 99.792 0.762
201603 0.363 100.470 0.476
201606 0.191 101.688 0.248
201609 0.009 101.861 0.012
201612 -0.072 101.863 -0.093
201703 -0.113 102.862 -0.145
201706 -0.131 103.349 -0.167
201709 -0.290 104.136 -0.367
201712 -0.338 104.011 -0.428
201803 -0.175 105.290 -0.219
201806 -0.351 106.317 -0.435
201809 -0.240 106.507 -0.297
201812 -0.194 105.998 -0.241
201903 0.076 107.251 0.093
201906 0.186 108.070 0.227
201909 1.372 108.329 1.669
201912 1.046 108.420 1.271
202003 1.342 108.902 1.624
202006 1.328 108.767 1.609
202009 1.402 109.815 1.682
202012 1.083 109.897 1.299
202103 1.174 111.754 1.384
202106 1.188 114.631 1.366
202109 1.174 115.734 1.337
202112 1.255 117.630 1.406
202203 0.440 121.301 0.478
202206 0.142 125.017 0.150
202209 -0.106 125.227 -0.112
202212 0.107 125.222 0.113
202303 0.016 127.348 0.017
202306 0.003 128.729 0.003
202309 -1.972 129.860 -2.001
202312 -1.513 129.419 -1.541
202403 -1.396 131.776 -1.396

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.


Workiva  (FRA:0WKA) 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.


Workiva Cyclically Adjusted PB Ratio Related Terms

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


Workiva (FRA:0WKA) Business Description

Industry
Traded in Other Exchanges
Address
2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. The firm derives its revenue in the form of subscription and support fees and the remainder from professional services.

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