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Wingara AG (ASX:WNR) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Wingara AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wingara AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wingara AG'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.

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Wingara AG Cyclically Adjusted PB Ratio Chart

Wingara AG Annual Data
Trend Jun14 Jun15 Jun16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Wingara AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Wingara AG's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Wingara AG'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.


Wingara AG's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wingara AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wingara AG 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.

Wingara AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Wingara AG's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.011/127.6062*127.6062
=0.011

Current CPI (Mar24) = 127.6062.

Wingara AG Annual Data

Book Value per Share CPI Adj_Book
201406 -2.641 98.352 -3.427
201506 -0.015 99.838 -0.019
201606 0.052 100.859 0.066
201803 0.117 104.574 0.143
201903 0.135 105.967 0.163
202003 0.145 108.289 0.171
202103 0.105 109.496 0.122
202203 0.055 115.069 0.061
202303 0.034 123.148 0.035
202403 0.011 127.606 0.011

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.


Wingara AG  (ASX:WNR) 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.


Wingara AG Cyclically Adjusted PB Ratio Related Terms

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Wingara AG (ASX:WNR) Business Description

Traded in Other Exchanges
N/A
Address
10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122
Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.

Wingara AG (ASX:WNR) Headlines