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Verbund AG (Verbund AG) Cyclically Adjusted PB Ratio : 3.75 (As of Apr. 27, 2024)


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What is Verbund AG Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Verbund AG's current share price is $15.88. Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.23. Verbund AG's Cyclically Adjusted PB Ratio for today is 3.75.

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

OEZVY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.45   Max: 6.39
Current: 3.58

During the past years, Verbund AG's highest Cyclically Adjusted PB Ratio was 6.39. The lowest was 1.18. And the median was 3.45.

OEZVY's Cyclically Adjusted PB Ratio is ranked worse than
86.96% of 253 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs OEZVY: 3.58

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 Dec. 2023 was $6.258. 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 $4.23 for the trailing ten years ended in Dec. 2023.

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 4.28

Verbund AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.39 4.31 3.88 4.00 4.28

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
=15.88/4.23
=3.75

* 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 Dec. 2023 is calculated as:

For example, Verbund AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.258/132.0288*132.0288
=6.258

Current CPI (Dec. 2023) = 132.0288.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.994 99.044 5.324
201406 3.646 99.496 4.838
201409 3.443 99.586 4.565
201412 3.328 99.676 4.408
201503 2.966 99.992 3.916
201506 3.077 100.492 4.043
201509 3.108 100.292 4.092
201512 2.996 100.692 3.928
201603 3.208 100.692 4.206
201606 3.143 101.092 4.105
201609 3.222 101.192 4.204
201612 2.964 102.092 3.833
201703 3.153 102.592 4.058
201706 3.279 102.991 4.203
201709 3.512 103.591 4.476
201712 3.450 104.291 4.368
201803 3.711 104.491 4.689
201806 3.436 105.091 4.317
201809 3.406 105.691 4.255
201812 3.475 106.291 4.316
201903 3.666 106.391 4.549
201906 3.637 106.791 4.497
201909 3.626 106.991 4.475
201912 3.766 108.091 4.600
202003 3.909 108.024 4.778
202006 3.857 107.915 4.719
202009 4.127 108.348 5.029
202012 4.308 109.321 5.203
202103 4.268 110.186 5.114
202106 4.151 110.943 4.940
202109 3.840 111.916 4.530
202112 3.553 113.971 4.116
202203 3.257 117.647 3.655
202206 2.678 120.567 2.933
202209 2.303 123.811 2.456
202212 4.437 125.541 4.666
202303 5.429 128.461 5.580
202306 5.222 130.191 5.296
202309 5.681 131.272 5.714
202312 6.258 132.029 6.258

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:OEZVY) 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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