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John Wiley & Sons (John Wiley & Sons) Cyclically Adjusted PB Ratio : 1.70 (As of May. 03, 2024)


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What is John Wiley & Sons Cyclically Adjusted PB Ratio?

As of today (2024-05-03), John Wiley & Sons's current share price is $38.13. John Wiley & Sons's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $22.41. John Wiley & Sons's Cyclically Adjusted PB Ratio for today is 1.70.

The historical rank and industry rank for John Wiley & Sons's Cyclically Adjusted PB Ratio or its related term are showing as below:

WLYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.98   Max: 4.7
Current: 1.71

During the past years, John Wiley & Sons's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 1.29. And the median was 2.98.

WLYB's Cyclically Adjusted PB Ratio is ranked worse than
67.08% of 641 companies
in the Media - Diversified industry
Industry Median: 1.12 vs WLYB: 1.71

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.

John Wiley & Sons's adjusted book value per share data for the three months ended in Jan. 2024 was $13.671. 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 $22.41 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


John Wiley & Sons Cyclically Adjusted PB Ratio Historical Data

The historical data trend for John Wiley & Sons'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.

John Wiley & Sons Cyclically Adjusted PB Ratio Chart

John Wiley & Sons Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 1.91 2.78 2.31 1.69

John Wiley & Sons Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.03 1.69 1.50 1.33 1.51

Competitive Comparison of John Wiley & Sons's Cyclically Adjusted PB Ratio

For the Publishing subindustry, John Wiley & Sons'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.


John Wiley & Sons's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, John Wiley & Sons's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where John Wiley & Sons's Cyclically Adjusted PB Ratio falls into.



John Wiley & Sons 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.

John Wiley & Sons's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.13/22.41
=1.70

* 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.

John Wiley & Sons's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, John Wiley & Sons's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=13.671/129.4194*129.4194
=13.671

Current CPI (Jan. 2024) = 129.4194.

John Wiley & Sons Quarterly Data

Book Value per Share CPI Adj_Book
201404 20.020 100.023 25.904
201407 20.371 100.520 26.228
201410 19.746 100.176 25.510
201501 18.479 98.604 24.254
201504 17.931 99.824 23.247
201507 18.445 100.691 23.708
201510 18.387 100.346 23.714
201601 17.602 99.957 22.790
201604 18.017 100.947 23.099
201607 17.639 101.524 22.486
201610 17.062 101.988 21.651
201701 17.640 102.456 22.282
201704 17.547 103.167 22.012
201707 17.679 103.278 22.154
201710 18.413 104.070 22.898
201801 20.358 104.578 25.194
201804 20.738 105.708 25.390
201807 20.403 106.324 24.835
201810 20.421 106.695 24.770
201901 20.945 106.200 25.524
201904 20.861 107.818 25.040
201907 20.047 108.250 23.967
201910 20.995 108.577 25.025
202001 21.364 108.841 25.403
202004 16.715 108.173 19.998
202007 17.387 109.318 20.584
202010 18.215 109.861 21.458
202101 19.042 110.364 22.330
202104 19.543 112.673 22.448
202107 19.293 115.183 21.678
202110 19.869 116.696 22.035
202201 20.096 118.619 21.926
202204 20.492 121.978 21.742
202207 19.431 125.002 20.118
202210 19.406 125.734 19.975
202301 18.520 126.223 18.989
202304 18.906 127.992 19.117
202307 16.976 128.974 17.035
202310 15.808 129.810 15.760
202401 13.671 129.419 13.671

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.


John Wiley & Sons  (NYSE:WLYB) 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.


John Wiley & Sons Cyclically Adjusted PB Ratio Related Terms

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John Wiley & Sons (John Wiley & Sons) Business Description

Traded in Other Exchanges
Address
111 River Street, Hoboken, NJ, USA, 07030
John Wiley & Sons Inc is one of the foremost global providers of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. Wiley derived more than 85% of its total revenue from digital products and tech-enabled services, The company has reorganized our Education lines of business into two new customer-centric segments. The Academic segment addresses the university customer group and includes Academic Publishing and University Services. The Talent segment addresses the corporate customer group and is focused on delivering training, sourcing, and upskilling solutions.