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Willdan Group (FRA:J2A) Cyclically Adjusted PB Ratio : 2.71 (As of Jun. 04, 2024)


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What is Willdan Group Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Willdan Group's current share price is €29.80. Willdan Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.01. Willdan Group's Cyclically Adjusted PB Ratio for today is 2.71.

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

FRA:J2A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 3.57   Max: 7.48
Current: 2.67

During the past years, Willdan Group's highest Cyclically Adjusted PB Ratio was 7.48. The lowest was 0.64. And the median was 3.57.

FRA:J2A's Cyclically Adjusted PB Ratio is ranked worse than
79.58% of 1239 companies
in the Construction industry
Industry Median: 1.13 vs FRA:J2A: 2.67

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.

Willdan Group's adjusted book value per share data for the three months ended in Mar. 2024 was €13.684. 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 €11.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Willdan Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Willdan Group'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.

Willdan Group Cyclically Adjusted PB Ratio Chart

Willdan Group 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 5.09 5.79 4.12 1.77 1.87

Willdan 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 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 1.48 1.76 1.81 1.87 2.42

Competitive Comparison of Willdan Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Willdan 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.


Willdan Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Willdan Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Willdan Group 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.

Willdan Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.80/11.01
=2.71

* 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.

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

For example, Willdan 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)
=13.684/131.7762*131.7762
=13.684

Current CPI (Mar. 2024) = 131.7762.

Willdan Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.331 100.560 3.055
201409 2.894 100.428 3.797
201412 3.231 99.070 4.298
201503 3.995 99.621 5.284
201506 4.049 100.684 5.299
201509 4.157 100.392 5.457
201512 4.369 99.792 5.769
201603 4.525 100.470 5.935
201606 4.807 101.688 6.229
201609 5.104 101.861 6.603
201612 5.669 101.863 7.334
201703 5.973 102.862 7.652
201706 6.085 103.349 7.759
201709 6.359 104.136 8.047
201712 6.785 104.011 8.596
201803 6.898 105.290 8.633
201806 7.728 106.317 9.579
201809 8.242 106.507 10.197
201812 11.564 105.998 14.376
201903 11.454 107.251 14.073
201906 11.663 108.070 14.221
201909 12.439 108.329 15.131
201912 13.095 108.420 15.916
202003 12.575 108.902 15.216
202006 11.931 108.767 14.455
202009 11.910 109.815 14.292
202012 11.435 109.897 13.712
202103 11.526 111.754 13.591
202106 11.152 114.631 12.820
202109 11.805 115.734 13.441
202112 12.388 117.630 13.878
202203 12.344 121.301 13.410
202206 12.657 125.017 13.341
202209 13.688 125.227 14.404
202212 12.886 125.222 13.560
202303 12.826 127.348 13.272
202306 12.772 128.729 13.074
202309 13.119 129.860 13.313
202312 13.394 129.419 13.638
202403 13.684 131.776 13.684

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.


Willdan Group  (FRA:J2A) 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.


Willdan Group Cyclically Adjusted PB Ratio Related Terms

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


Willdan Group (FRA:J2A) Business Description

Industry
Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

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