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Volksbank Vorarlberg e Gen (WBO:VVPS) Cyclically Adjusted PB Ratio : 0.08 (As of Jun. 06, 2024)


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What is Volksbank Vorarlberg e Gen Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Volksbank Vorarlberg e Gen's current share price is €38.20. Volksbank Vorarlberg e Gen's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €504.46. Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio for today is 0.08.

The historical rank and industry rank for Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio or its related term are showing as below:

WBO:VVPS's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.91
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Volksbank Vorarlberg e Gen's adjusted book value per share data of for the fiscal year that ended in Dec22 was €684.943. 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 €504.46 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volksbank Vorarlberg e Gen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Volksbank Vorarlberg e Gen'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.

Volksbank Vorarlberg e Gen Cyclically Adjusted PB Ratio Chart

Volksbank Vorarlberg e Gen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.04 0.06 0.06

Volksbank Vorarlberg e Gen Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.04 - 0.06 - 0.06

Competitive Comparison of Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Volksbank Vorarlberg e Gen'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.


Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio falls into.



Volksbank Vorarlberg e Gen 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.

Volksbank Vorarlberg e Gen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.20/504.46
=0.08

* 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.

Volksbank Vorarlberg e Gen's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Volksbank Vorarlberg e Gen's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=684.943/125.5409*125.5409
=684.943

Current CPI (Dec22) = 125.5409.

Volksbank Vorarlberg e Gen Annual Data

Book Value per Share CPI Adj_Book
201312 355.878 98.682 452.739
201412 362.788 99.676 456.927
201512 354.110 100.692 441.499
201612 361.920 102.092 445.049
201712 387.751 104.291 466.756
201812 414.892 106.291 490.031
201912 380.656 108.091 442.108
202012 381.509 109.321 438.113
202112 659.515 113.971 726.468
202212 684.943 125.541 684.943

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.


Volksbank Vorarlberg e Gen  (WBO:VVPS) 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.


Volksbank Vorarlberg e Gen Cyclically Adjusted PB Ratio Related Terms

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Volksbank Vorarlberg e Gen (WBO:VVPS) Business Description

Traded in Other Exchanges
N/A
Address
Ringstrasse 27, Rankweil, AUT, 6830
Volksbank Vorarlberg e. Gen. is an Austrian credit cooperative bank providing banking services.
Executives
Kr Dietmar Längle Supervisory Board

Volksbank Vorarlberg e Gen (WBO:VVPS) Headlines

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