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Verbund AG (XPRA:VER) Cyclically Adjusted Book per Share : Kč516.38 (As of Mar. 2024)


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What is Verbund AG 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.

Verbund AG's adjusted book value per share for the three months ended in Mar. 2024 was Kč777.610. 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 Kč516.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Verbund AG's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Verbund AG was 8.40% per year. The lowest was 4.30% per year. And the median was 5.80% per year.

As of today (2024-05-26), Verbund AG's current stock price is Kč1800.00. Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč516.38. Verbund AG's Cyclically Adjusted PB Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Verbund AG was 6.39. The lowest was 1.18. And the median was 3.47.


Verbund AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Verbund AG'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.

Verbund AG Cyclically Adjusted Book per Share Chart

Verbund AG 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 - 263.55 327.85 460.25 492.93

Verbund AG 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 409.15 447.41 500.33 492.93 516.38

Competitive Comparison of Verbund AG's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Verbund 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.


Verbund AG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Verbund AG 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, Verbund AG'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)
=777.61/133.7589*133.7589
=777.610

Current CPI (Mar. 2024) = 133.7589.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 368.176 99.496 494.965
201409 368.318 99.586 494.707
201412 373.314 99.676 500.963
201503 374.737 99.992 501.286
201506 374.762 100.492 498.825
201509 375.147 100.292 500.334
201512 372.179 100.692 494.403
201603 390.808 100.692 519.150
201606 378.679 101.092 501.047
201609 388.233 101.192 513.181
201612 380.196 102.092 498.128
201703 398.789 102.592 519.941
201706 383.459 102.991 498.013
201709 384.357 103.591 496.288
201712 373.874 104.291 479.512
201803 382.532 104.491 489.678
201806 379.231 105.091 482.681
201809 373.948 105.691 473.255
201812 394.171 106.291 496.033
201903 416.424 106.391 523.544
201906 412.247 106.791 516.351
201909 426.143 106.991 532.759
201912 432.312 108.091 534.971
202003 469.882 108.024 581.826
202006 457.162 107.915 566.643
202009 468.014 108.348 577.778
202012 465.899 109.321 570.047
202103 469.513 110.186 569.958
202106 438.569 110.943 528.762
202109 414.171 111.916 495.004
202112 396.800 113.971 465.694
202203 369.707 117.647 420.338
202206 313.289 120.567 347.568
202209 285.704 123.811 308.660
202212 508.421 125.541 541.703
202303 600.542 128.460 625.312
202306 570.751 130.191 586.394
202309 648.502 131.272 660.788
202312 702.283 132.570 708.584
202403 777.610 133.759 777.610

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


Verbund AG  (XPRA:VER) 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.

Verbund AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1800.00/516.38
=3.49

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Verbund AG was 6.39. The lowest was 1.18. And the median was 3.47.


Be Aware

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


Verbund AG Cyclically Adjusted Book per Share Related Terms

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


Verbund AG (XPRA:VER) Business Description

Address
Am Hof 6a, Vienna, AUT, 1010
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.