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Wacker Neuson SE (XTER:WAC) Cyclically Adjusted PB Ratio : 0.86 (As of May. 26, 2024)


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What is Wacker Neuson SE Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Wacker Neuson SE's current share price is €17.24. Wacker Neuson SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.13. Wacker Neuson SE's Cyclically Adjusted PB Ratio for today is 0.86.

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

XTER:WAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.11   Max: 1.83
Current: 0.86

During the past years, Wacker Neuson SE's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.56. And the median was 1.11.

XTER:WAC's Cyclically Adjusted PB Ratio is ranked better than
79.88% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.855 vs XTER:WAC: 0.86

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.

Wacker Neuson SE's adjusted book value per share data for the three months ended in Mar. 2024 was €22.416. 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 €20.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Neuson SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Cyclically Adjusted PB Ratio Chart

Wacker Neuson SE 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 1.12 1.12 1.50 0.88 0.92

Wacker Neuson SE 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 1.01 1.14 0.98 0.92 0.85

Competitive Comparison of Wacker Neuson SE's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Wacker Neuson SE 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.

Wacker Neuson SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.24/20.13
=0.86

* 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.

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

For example, Wacker Neuson SE'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)
=22.416/125.0381*125.0381
=22.416

Current CPI (Mar. 2024) = 125.0381.

Wacker Neuson SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.571 99.543 17.047
201409 14.116 99.823 17.682
201412 14.425 99.543 18.120
201503 15.177 99.717 19.031
201506 14.911 100.417 18.567
201509 14.910 100.417 18.566
201512 15.171 99.717 19.023
201603 15.146 100.017 18.935
201606 14.999 100.717 18.621
201609 15.139 101.017 18.739
201612 15.499 101.217 19.147
201703 15.691 101.417 19.346
201706 15.427 102.117 18.890
201709 15.719 102.717 19.135
201712 15.878 102.617 19.347
201803 16.019 102.917 19.462
201806 16.697 104.017 20.071
201809 17.110 104.718 20.430
201812 17.414 104.217 20.893
201903 17.690 104.217 21.224
201906 16.932 105.718 20.026
201909 17.354 106.018 20.467
201912 17.465 105.818 20.637
202003 17.616 105.718 20.835
202006 17.705 106.618 20.764
202009 17.749 105.818 20.973
202012 17.367 105.518 20.580
202103 17.897 107.518 20.813
202106 17.672 108.486 20.368
202109 18.521 109.435 21.162
202112 18.910 110.384 21.421
202203 19.469 113.968 21.360
202206 19.385 115.760 20.939
202209 20.062 118.818 21.112
202212 20.475 119.345 21.452
202303 21.341 122.402 21.801
202306 21.231 123.140 21.558
202309 21.899 124.195 22.048
202312 22.049 123.773 22.274
202403 22.416 125.038 22.416

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.


Wacker Neuson SE  (XTER:WAC) 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.


Wacker Neuson SE Cyclically Adjusted PB Ratio Related Terms

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


Wacker Neuson SE (XTER:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (XTER:WAC) Headlines

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