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Wabash National (Wabash National) Cyclically Adjusted PB Ratio : 2.63 (As of Apr. 28, 2024)


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What is Wabash National Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Wabash National's current share price is $24.61. Wabash National's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.37. Wabash National's Cyclically Adjusted PB Ratio for today is 2.63.

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

WNC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.51   Max: 5.07
Current: 2.63

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.

WNC's Cyclically Adjusted PB Ratio is ranked worse than
71.25% of 160 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.785 vs WNC: 2.63

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 $12.098. 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 $9.37 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 3.19

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
=24.61/9.37
=2.63

* 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)
=12.098/129.4194*129.4194
=12.098

Current CPI (Mar. 2024) = 129.4194.

Wabash National Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.072 100.560 6.528
201409 5.367 100.428 6.916
201412 5.664 99.070 7.399
201503 5.648 99.621 7.337
201506 5.924 100.684 7.615
201509 6.417 100.392 8.272
201512 6.774 99.792 8.785
201603 6.972 100.470 8.981
201606 7.508 101.688 9.556
201609 7.928 101.861 10.073
201612 7.856 101.863 9.981
201703 7.974 102.862 10.033
201706 8.007 103.349 10.027
201709 8.270 104.136 10.278
201712 8.791 104.011 10.939
201803 8.844 105.290 10.871
201806 8.717 106.317 10.611
201809 8.564 106.507 10.406
201812 8.594 105.998 10.493
201903 8.726 107.251 10.530
201906 9.173 108.070 10.985
201909 9.517 108.329 11.370
201912 9.743 108.420 11.630
202003 7.455 108.902 8.860
202006 7.432 108.767 8.843
202009 7.510 109.815 8.851
202012 7.707 109.897 9.076
202103 7.780 111.754 9.010
202106 7.926 114.631 8.948
202109 7.790 115.734 8.711
202112 6.650 117.630 7.317
202203 6.980 121.301 7.447
202206 6.944 125.017 7.189
202209 7.492 125.227 7.743
202212 8.340 125.222 8.620
202303 8.912 127.348 9.057
202306 10.220 128.729 10.275
202309 11.203 129.860 11.165
202312 12.105 129.419 12.105
202403 12.098 129.419 12.098

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  (NYSE:WNC) 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 (Wabash National) 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.
Executives
Larry J Magee director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner officer: SVP Chief HR Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit officer: SVP - Group President, FMP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith officer: SVP and Group President, CTP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page officer: SVP and Group President, DPG 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy officer: Pres. of Commercial Trailer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi director 6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg director 3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii director
Andrew C Boynton director FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin officer: SVP and General Counsel 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini officer: Senior Vice President - COO

Wabash National (Wabash National) Headlines