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Villeroy & Boch AG (XTER:VIB3) Cyclically Adjusted PB Ratio : 1.69 (As of Jun. 12, 2024)


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What is Villeroy & Boch AG Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Villeroy & Boch AG's current share price is €16.95. Villeroy & Boch AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.05. Villeroy & Boch AG's Cyclically Adjusted PB Ratio for today is 1.69.

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

XTER:VIB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.04   Max: 3.26
Current: 1.73

During the past years, Villeroy & Boch AG's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 1.44. And the median was 2.04.

XTER:VIB3's Cyclically Adjusted PB Ratio is ranked worse than
56.87% of 313 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs XTER:VIB3: 1.73

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.

Villeroy & Boch AG's adjusted book value per share data for the three months ended in Mar. 2024 was €14.696. 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 €10.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Villeroy & Boch AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Villeroy & Boch 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.

Villeroy & Boch AG Cyclically Adjusted PB Ratio Chart

Villeroy & Boch 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 2.34 2.05 3.02 1.92 1.83

Villeroy & Boch 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 2.37 1.91 1.82 1.83 1.82

Competitive Comparison of Villeroy & Boch AG's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Villeroy & Boch 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.


Villeroy & Boch AG's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Villeroy & Boch AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Villeroy & Boch 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.

Villeroy & Boch AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.95/10.05
=1.69

* 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.

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

For example, Villeroy & Boch 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)
=14.696/125.0381*125.0381
=14.696

Current CPI (Mar. 2024) = 125.0381.

Villeroy & Boch AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.832 99.543 7.326
201409 5.643 99.823 7.068
201412 5.464 99.543 6.863
201503 5.991 99.717 7.512
201506 5.036 100.417 6.271
201509 5.389 100.417 6.710
201512 6.256 99.717 7.845
201603 6.487 100.017 8.110
201606 6.135 100.717 7.616
201609 5.722 101.017 7.083
201612 6.532 101.217 8.069
201703 6.252 101.417 7.708
201706 6.430 102.117 7.873
201709 6.548 102.717 7.971
201712 7.165 102.617 8.730
201803 6.816 102.917 8.281
201806 6.839 104.017 8.221
201809 7.100 104.718 8.478
201812 7.744 104.217 9.291
201903 7.812 104.217 9.373
201906 7.354 105.718 8.698
201909 7.324 106.018 8.638
201912 9.445 105.818 11.161
202003 9.070 105.718 10.728
202006 8.668 106.618 10.166
202009 8.983 105.818 10.615
202012 9.350 105.518 11.080
202103 9.161 107.518 10.654
202106 9.751 108.486 11.239
202109 10.237 109.435 11.697
202112 11.465 110.384 12.987
202203 12.471 113.968 13.682
202206 12.493 115.760 13.494
202209 13.351 118.818 14.050
202212 13.933 119.345 14.598
202303 14.500 122.402 14.812
202306 13.702 123.140 13.913
202309 14.142 124.195 14.238
202312 14.493 123.773 14.641
202403 14.696 125.038 14.696

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.


Villeroy & Boch AG  (XTER:VIB3) 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.


Villeroy & Boch AG Cyclically Adjusted PB Ratio Related Terms

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


Villeroy & Boch AG (XTER:VIB3) Business Description

Traded in Other Exchanges
Address
Saaruferstrasse 1-3, Mettlach, DEU, 66693
Villeroy & Boch AG is a manufacturer of home furnishing products manufacturer in Germany. Its activities are broadly classified into two segments, The Bathroom and Wellness Division manufactures ceramic sanitary ware, ceramic kitchen sinks, bathroom furniture bathtubs and shower tubs, whirlpools, bath, and kitchen fittings and accessories. Among other things, shower toilets, installation systems, outdoor whirlpools, and accessories complete the product range, and The Dining & Lifestyle Division covers the full range of tableware, glass, and cutlery for the stylish table, as well as home accessories, gifts, and clever-to-go solutions made of porcelain. The company derives a majority of its revenue from the Bathroom and Wellness Division.
Executives
Esther Jehle Board of Directors
Dr. Markus Warncke Board of Directors
Gabriele Schupp Board of Directors
Frank Göring Board of Directors
Louis De Schorlemer Supervisory Board

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