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Where Food Comes From (Where Food Comes From) Cyclically Adjusted PB Ratio : 6.51 (As of May. 26, 2024)


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What is Where Food Comes From Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Where Food Comes From's current share price is $13.09. Where Food Comes From's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.01. Where Food Comes From's Cyclically Adjusted PB Ratio for today is 6.51.

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

WFCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.07   Med: 9.65   Max: 60.87
Current: 6.51

During the past years, Where Food Comes From's highest Cyclically Adjusted PB Ratio was 60.87. The lowest was 2.07. And the median was 9.65.

WFCF's Cyclically Adjusted PB Ratio is ranked worse than
80.22% of 1355 companies
in the Software industry
Industry Median: 2.61 vs WFCF: 6.51

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.

Where Food Comes From's adjusted book value per share data for the three months ended in Mar. 2024 was $1.775. 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 $2.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Where Food Comes From Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Where Food Comes From'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.

Where Food Comes From Cyclically Adjusted PB Ratio Chart

Where Food Comes From 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 6.90 11.65 9.72 7.91 6.94

Where Food Comes From 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 7.29 7.33 7.23 6.94 5.23

Competitive Comparison of Where Food Comes From's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Where Food Comes From'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.


Where Food Comes From's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Where Food Comes From's Cyclically Adjusted PB Ratio falls into.



Where Food Comes From 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.

Where Food Comes From's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.09/2.01
=6.51

* 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.

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

For example, Where Food Comes From'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)
=1.775/131.7762*131.7762
=1.775

Current CPI (Mar. 2024) = 131.7762.

Where Food Comes From Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.697 100.560 0.913
201409 1.004 100.428 1.317
201412 1.047 99.070 1.393
201503 1.063 99.621 1.406
201506 1.094 100.684 1.432
201509 1.130 100.392 1.483
201512 1.135 99.792 1.499
201603 1.274 100.470 1.671
201606 1.299 101.688 1.683
201609 1.328 101.861 1.718
201612 1.530 101.863 1.979
201703 1.553 102.862 1.990
201706 1.587 103.349 2.024
201709 1.638 104.136 2.073
201712 1.569 104.011 1.988
201803 1.576 105.290 1.972
201806 1.602 106.317 1.986
201809 1.716 106.507 2.123
201812 1.725 105.998 2.145
201903 1.699 107.251 2.088
201906 1.744 108.070 2.127
201909 1.821 108.329 2.215
201912 1.914 108.420 2.326
202003 1.861 108.902 2.252
202006 1.908 108.767 2.312
202009 2.000 109.815 2.400
202012 2.037 109.897 2.443
202103 2.173 111.754 2.562
202106 2.183 114.631 2.509
202109 2.185 115.734 2.488
202112 2.265 117.630 2.537
202203 2.298 121.301 2.496
202206 2.256 125.017 2.378
202209 2.242 125.227 2.359
202212 2.161 125.222 2.274
202303 2.002 127.348 2.072
202306 1.979 128.729 2.026
202309 1.977 129.860 2.006
202312 1.966 129.419 2.002
202403 1.775 131.776 1.775

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.


Where Food Comes From  (NAS:WFCF) 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.


Where Food Comes From Cyclically Adjusted PB Ratio Related Terms

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


Where Food Comes From (Where Food Comes From) Business Description

Traded in Other Exchanges
N/A
Address
202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations and restaurants with a wide variety of value-added services provided through its family of verifiers, including IMI Global, International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting.
Executives
Dannette Henning officer: CFO 221 WILCOX STREET, SUITE A, CASTLE ROCK CO 80104
Pete Lapaseotes director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Michael Duane Smith director, 10 percent owner 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
John K Saunders director, officer: CEO 221 WILCOX STREET #A, CASTLE ROCK CO 80104
Leann Saunders director, officer: President 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Tom Heinen director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Gary Chester Smith director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Adam Larson director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Robert Vanschoick director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104

Where Food Comes From (Where Food Comes From) Headlines