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Verbund AG (Verbund AG) Cyclically Adjusted PB Ratio : 3.36 (As of May. 22, 2024)


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What is Verbund AG Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Verbund AG's current share price is $73.93. Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.01. Verbund AG's Cyclically Adjusted PB Ratio for today is 3.36.

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

OEZVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.47   Max: 6.39
Current: 3.69

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

OEZVF's Cyclically Adjusted PB Ratio is ranked worse than
84.35% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.215 vs OEZVF: 3.69

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 adjusted book value per share data for the three months ended in Mar. 2024 was $33.419. 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 $22.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verbund AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verbund 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.

* Premium members only.

Verbund AG Cyclically Adjusted PB Ratio Chart

Verbund AG 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 3.02 4.52 6.04 4.39 4.26

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 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 4.31 3.88 4.00 4.26 3.36

Competitive Comparison of Verbund AG's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.93/22.01
=3.36

* 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.

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

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)
=33.419/133.7589*133.7589
=33.419

Current CPI (Mar. 2024) = 133.7589.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.230 99.496 24.508
201409 17.217 99.586 23.125
201412 16.642 99.676 22.332
201503 14.830 99.992 19.838
201506 15.387 100.492 20.481
201509 15.540 100.292 20.726
201512 14.978 100.692 19.897
201603 16.040 100.692 21.308
201606 15.713 101.092 20.791
201609 16.109 101.192 21.293
201612 14.822 102.092 19.420
201703 15.767 102.592 20.557
201706 16.395 102.991 21.293
201709 17.562 103.591 22.676
201712 17.250 104.291 22.124
201803 18.555 104.491 23.752
201806 17.180 105.091 21.867
201809 17.030 105.691 21.553
201812 17.373 106.291 21.863
201903 18.332 106.391 23.048
201906 18.186 106.791 22.778
201909 18.128 106.991 22.663
201912 18.830 108.091 23.301
202003 19.543 108.024 24.199
202006 19.284 107.915 23.902
202009 20.636 108.348 25.476
202012 21.540 109.321 26.355
202103 21.340 110.186 25.905
202106 20.754 110.943 25.022
202109 19.201 111.916 22.948
202112 17.764 113.971 20.848
202203 16.287 117.647 18.517
202206 13.388 120.567 14.853
202209 11.514 123.811 12.439
202212 22.186 125.541 23.638
202303 27.145 128.460 28.265
202306 26.109 130.191 26.825
202309 28.404 131.272 28.942
202312 31.292 132.570 31.573
202403 33.419 133.759 33.419

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.


Verbund AG  (OTCPK:OEZVF) 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.


Verbund AG Cyclically Adjusted PB Ratio Related Terms

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


Verbund AG (Verbund AG) 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.

Verbund AG (Verbund AG) Headlines

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