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Wayfair (BSP:W2YF34) Cyclically Adjusted Book per Share : R$-1.28 (As of Mar. 2024)


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What is Wayfair Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Wayfair's adjusted book value per share for the three months ended in Mar. 2024 was R$-3.337. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$-1.28 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-10), Wayfair's current stock price is R$8.94. Wayfair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$-1.28. Wayfair's Cyclically Adjusted PB Ratio of today is .


Wayfair Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wayfair's Cyclically Adjusted Book per Share 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.

Wayfair Cyclically Adjusted Book per Share Chart

Wayfair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.05 -1.21

Wayfair Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 -1.00 -1.16 -1.21 -1.28

Competitive Comparison of Wayfair's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, Wayfair'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.


Wayfair's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wayfair's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wayfair Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Wayfair'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)
=-3.337/131.7762*131.7762
=-3.337

Current CPI (Mar. 2024) = 131.7762.

Wayfair Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.061 100.560 0.080
201409 -0.247 100.428 -0.324
201412 0.277 99.070 0.368
201503 0.304 99.621 0.402
201506 0.283 100.684 0.370
201509 0.338 100.392 0.444
201512 0.319 99.792 0.421
201603 0.256 100.470 0.336
201606 0.187 101.688 0.242
201609 0.120 101.861 0.155
201612 0.089 101.863 0.115
201703 0.038 102.862 0.049
201706 0.013 103.349 0.017
201709 0.003 104.136 0.004
201712 -0.052 104.011 -0.066
201803 -0.134 105.290 -0.168
201806 -0.235 106.317 -0.291
201809 -0.407 106.507 -0.504
201812 -0.404 105.998 -0.502
201903 -0.575 107.251 -0.706
201906 -0.724 108.070 -0.883
201909 -0.865 108.329 -1.052
201912 -1.183 108.420 -1.438
202003 -1.733 108.902 -2.097
202006 -1.228 108.767 -1.488
202009 -2.356 109.815 -2.827
202012 -1.760 109.897 -2.110
202103 -2.280 111.754 -2.688
202106 -2.139 114.631 -2.459
202109 -2.214 115.734 -2.521
202112 -2.495 117.630 -2.795
202203 -2.580 121.301 -2.803
202206 -2.931 125.017 -3.089
202209 -3.346 125.227 -3.521
202212 -3.519 125.222 -3.703
202303 -3.672 127.348 -3.800
202306 -3.322 128.729 -3.401
202309 -3.289 129.860 -3.338
202312 -3.207 129.419 -3.265
202403 -3.337 131.776 -3.337

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Wayfair  (BSP:W2YF34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Wayfair Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Wayfair's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wayfair (BSP:W2YF34) Business Description

Industry
Traded in Other Exchanges
Address
4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

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