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Koninklijke Vopak NV (XAMS:VPK) Cyclically Adjusted PB Ratio : 1.54 (As of Jun. 10, 2024)


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What is Koninklijke Vopak NV Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Koninklijke Vopak NV's current share price is €37.74. Koninklijke Vopak NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €24.49. Koninklijke Vopak NV's Cyclically Adjusted PB Ratio for today is 1.54.

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

XAMS:VPK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.79   Max: 5.32
Current: 1.54

During the past 13 years, Koninklijke Vopak NV's highest Cyclically Adjusted PB Ratio was 5.32. The lowest was 0.90. And the median was 2.79.

XAMS:VPK's Cyclically Adjusted PB Ratio is ranked worse than
67.43% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs XAMS:VPK: 1.54

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.

Koninklijke Vopak NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €25.755. 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 €24.49 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Vopak NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koninklijke Vopak NV'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.

Koninklijke Vopak NV Cyclically Adjusted PB Ratio Chart

Koninklijke Vopak NV 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 2.76 2.30 1.49 1.18 1.24

Koninklijke Vopak NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.49 - 1.18 - 1.24

Competitive Comparison of Koninklijke Vopak NV's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Koninklijke Vopak NV'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.


Koninklijke Vopak NV's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koninklijke Vopak NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Vopak NV's Cyclically Adjusted PB Ratio falls into.



Koninklijke Vopak NV 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.

Koninklijke Vopak NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.74/24.49
=1.54

* 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.

Koninklijke Vopak NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Koninklijke Vopak NV's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=25.755/126.4500*126.4500
=25.755

Current CPI (Dec23) = 126.4500.

Koninklijke Vopak NV Annual Data

Book Value per Share CPI Adj_Book
201412 13.776 99.050 17.587
201512 15.754 99.730 19.975
201612 18.826 100.710 23.638
201712 19.429 101.970 24.093
201812 21.014 103.970 25.558
201912 23.877 106.800 28.270
202012 23.617 107.850 27.690
202112 25.439 114.010 28.215
202212 23.798 124.940 24.086
202312 25.755 126.450 25.755

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.


Koninklijke Vopak NV  (XAMS:VPK) 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.


Koninklijke Vopak NV Cyclically Adjusted PB Ratio Related Terms

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


Koninklijke Vopak NV (XAMS:VPK) Business Description

Industry
Traded in Other Exchanges
Address
Westerlaan 10, Rotterdam, NLD, 3016 CK
Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. The company organizes itself into five segments, which are principally based on geography: Europe & Africa, Asia & Middle East, China & North Asia, and Americas and LNG. The Netherlands contributes the largest portion of revenue, followed by Asia (principally Singapore), the Americas (principally the United States), and Europe, the Middle East, and Africa.

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