GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Willdan Group Inc (NAS:WLDN) » Definitions » Cyclically Adjusted PB Ratio

Willdan Group (Willdan Group) Cyclically Adjusted PB Ratio : 2.68 (As of Jun. 06, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Willdan Group Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Willdan Group's current share price is $32.10. Willdan Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.00. Willdan Group's Cyclically Adjusted PB Ratio for today is 2.68.

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

WLDN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 3.57   Max: 7.48
Current: 2.71

During the past years, Willdan Group's highest Cyclically Adjusted PB Ratio was 7.48. The lowest was 0.64. And the median was 3.57.

WLDN's Cyclically Adjusted PB Ratio is ranked worse than
78.62% of 1249 companies
in the Construction industry
Industry Median: 1.13 vs WLDN: 2.71

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.

Willdan Group's adjusted book value per share data for the three months ended in Mar. 2024 was $14.874. 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 $12.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Willdan Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Willdan Group'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.

Willdan Group Cyclically Adjusted PB Ratio Chart

Willdan Group 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 5.09 5.79 4.12 1.77 1.87

Willdan Group 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 1.48 1.76 1.81 1.87 2.42

Competitive Comparison of Willdan Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Willdan Group'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.


Willdan Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Willdan Group 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.

Willdan Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.10/12
=2.68

* 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.

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

For example, Willdan Group'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)
=14.874/131.7762*131.7762
=14.874

Current CPI (Mar. 2024) = 131.7762.

Willdan Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.167 100.560 4.150
201409 3.729 100.428 4.893
201412 3.983 99.070 5.298
201503 4.323 99.621 5.718
201506 4.545 100.684 5.949
201509 4.666 100.392 6.125
201512 4.759 99.792 6.284
201603 5.039 100.470 6.609
201606 5.401 101.688 6.999
201609 5.729 101.861 7.412
201612 5.980 101.863 7.736
201703 6.388 102.862 8.184
201706 6.837 103.349 8.718
201709 7.580 104.136 9.592
201712 8.030 104.011 10.174
201803 8.505 105.290 10.645
201806 9.028 106.317 11.190
201809 9.618 106.507 11.900
201812 13.155 105.998 16.354
201903 12.942 107.251 15.902
201906 13.179 108.070 16.070
201909 13.699 108.329 16.664
201912 14.550 108.420 17.684
202003 13.895 108.902 16.814
202006 13.436 108.767 16.278
202009 14.028 109.815 16.833
202012 13.912 109.897 16.682
202103 13.722 111.754 16.180
202106 13.436 114.631 15.446
202109 13.888 115.734 15.813
202112 13.997 117.630 15.680
202203 13.595 121.301 14.769
202206 13.379 125.017 14.102
202209 13.553 125.227 14.262
202212 13.651 125.222 14.366
202303 13.732 127.348 14.210
202306 13.838 128.729 14.166
202309 14.001 129.860 14.208
202312 14.606 129.419 14.872
202403 14.874 131.776 14.874

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.


Willdan Group  (NAS:WLDN) 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.


Willdan Group Cyclically Adjusted PB Ratio Related Terms

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


Willdan Group (Willdan Group) Business Description

Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.
Executives
Creighton K Early officer: Vice President and CFO C/O WILLDAN GROUP INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Michael A Bieber officer: SVP, Corporate Development 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Thomas Donald Brisbin director, officer: President and CEO 2401 E. KATELLA AVENUE, #300, ANAHEIM CA 92806
Micah Chen officer: General Counsel 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Forager Fund, L.p. 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE N SUITE 201, BIRMINGHAM AL 35203
Robert Symmes Macarthur 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Edward Urban Kissel 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Mohammad Shahidehpour director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Keith W Renken director PACIFIC GULF PROPERTIES INC, 4220 VON KARMAN SECOND FLOOR, NEWPORT BEACH CA 92660-2002
Dennis V Mcginn director 46415 MILLSTONE LANDING ROAD, LEXINGTON PARK MD 20653
Paul Milton Whitelaw officer: SVP, Business Development 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Wanda Kay Reder director C/O WILLDAN GROUP, 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Adam C Procell officer: EVP, Chief Strategy Officer C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Cynthia Downes director C/O WILLDAN GROUP, INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Stacy B. Mclaughlin officer: Chief Financial Officer 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806