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Wincanton (LSE:WIN) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Wincanton Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wincanton Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wincanton'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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Wincanton Cyclically Adjusted PB Ratio Chart

Wincanton Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Wincanton Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Wincanton's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Wincanton'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.


Wincanton's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wincanton's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wincanton 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.

Wincanton's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Wincanton's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.481/126.8000*126.8000
=0.481

Current CPI (Mar23) = 126.8000.

Wincanton Annual Data

Book Value per Share CPI Adj_Book
201403 -2.053 99.300 -2.622
201503 -2.150 99.600 -2.737
201603 -1.489 100.400 -1.881
201703 -1.126 102.700 -1.390
201803 -0.903 105.100 -1.089
201903 -0.539 107.000 -0.639
202003 0.118 108.600 0.138
202103 -0.014 109.700 -0.016
202203 0.511 116.500 0.556
202303 0.481 126.800 0.481

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.


Wincanton  (LSE:WIN) 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.


Wincanton Cyclically Adjusted PB Ratio Related Terms

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Wincanton (LSE:WIN) Business Description

Industry
Traded in Other Exchanges
Address
Methuen Park, Chippenham, Wiltshire, GBR, SN14 0WT
Wincanton PLC provides supply chain and logistics solutions and services. The company is focused on sectors namely, Grocery & Consumer which is Food focused sector creating a logical connection in one of the UK's critical supply chains, General Merchandise which includes Non-food retail focused sector to meet the evolving needs of multichannel customers, eFulfilment Technology focused sector to support the growing eCommerce market and Public and Industrial Services focused sector for customers in government and public sector, infrastructure, defense, construction, and energy. The company derives the majority of its revenues from the Grocery & Consumer business segment.

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