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Wabash National (STU:WA9) Cyclically Adjusted PB Ratio : 2.39 (As of May. 26, 2024)


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What is Wabash National Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Wabash National's current share price is €20.40. Wabash National's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.54. Wabash National's Cyclically Adjusted PB Ratio for today is 2.39.

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

STU:WA9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.51   Max: 5.07
Current: 2.34

During the past years, Wabash National's highest Cyclically Adjusted PB Ratio was 5.07. The lowest was 1.04. And the median was 2.51.

STU:WA9's Cyclically Adjusted PB Ratio is ranked worse than
65.24% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.855 vs STU:WA9: 2.34

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.

Wabash National's adjusted book value per share data for the three months ended in Mar. 2024 was €11.130. 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 €8.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wabash National Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wabash National'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.

Wabash National Cyclically Adjusted PB Ratio Chart

Wabash National 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 2.52 2.61 2.57 2.67 2.78

Wabash National 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 2.83 2.88 2.32 2.78 3.14

Competitive Comparison of Wabash National's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wabash National 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.

Wabash National's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.40/8.54
=2.39

* 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.

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

For example, Wabash National'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)
=11.13/131.7762*131.7762
=11.130

Current CPI (Mar. 2024) = 131.7762.

Wabash National Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.733 100.560 4.892
201409 4.165 100.428 5.465
201412 4.594 99.070 6.111
201503 5.219 99.621 6.904
201506 5.278 100.684 6.908
201509 5.717 100.392 7.504
201512 6.218 99.792 8.211
201603 6.261 100.470 8.212
201606 6.682 101.688 8.659
201609 7.064 101.861 9.139
201612 7.448 101.863 9.635
201703 7.456 102.862 9.552
201706 7.126 103.349 9.086
201709 6.939 104.136 8.781
201712 7.429 104.011 9.412
201803 7.172 105.290 8.976
201806 7.462 106.317 9.249
201809 7.339 106.507 9.080
201812 7.554 105.998 9.391
201903 7.722 107.251 9.488
201906 8.119 108.070 9.900
201909 8.641 108.329 10.511
201912 8.769 108.420 10.658
202003 6.746 108.902 8.163
202006 6.600 108.767 7.996
202009 6.376 109.815 7.651
202012 6.335 109.897 7.596
202103 6.535 111.754 7.706
202106 6.579 114.631 7.563
202109 6.622 115.734 7.540
202112 5.885 117.630 6.593
202203 6.338 121.301 6.885
202206 6.569 125.017 6.924
202209 7.567 125.227 7.963
202212 7.873 125.222 8.285
202303 8.324 127.348 8.613
202306 9.433 128.729 9.656
202309 10.498 129.860 10.653
202312 11.100 129.419 11.302
202403 11.130 131.776 11.130

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.


Wabash National  (STU:WA9) 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.


Wabash National Cyclically Adjusted PB Ratio Related Terms

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


Wabash National (STU:WA9) Business Description

Traded in Other Exchanges
Address
3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

Wabash National (STU:WA9) Headlines

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