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OMV AG (OMV AG) Cyclically Adjusted PB Ratio : 0.87 (As of Apr. 27, 2024)


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What is OMV AG Cyclically Adjusted PB Ratio?

As of today (2024-04-27), OMV AG's current share price is $47.05. OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $54.39. OMV AG's Cyclically Adjusted PB Ratio for today is 0.87.

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

OMVJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.14   Max: 1.55
Current: 0.88

During the past years, OMV AG's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.51. And the median was 1.14.

OMVJF's Cyclically Adjusted PB Ratio is ranked better than
54.14% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs OMVJF: 0.88

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.

OMV AG's adjusted book value per share data for the three months ended in Dec. 2023 was $60.798. 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 $54.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OMV AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OMV 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.

OMV AG Cyclically Adjusted PB Ratio Chart

OMV 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 1.32 0.85 1.21 1.03 0.80

OMV 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 1.03 0.88 0.80 0.92 0.80

Competitive Comparison of OMV AG's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, OMV 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.


OMV AG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



OMV 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.05/54.39
=0.87

* 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.

OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, OMV 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)
=60.798/132.0288*132.0288
=60.798

Current CPI (Dec. 2023) = 132.0288.

OMV AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 50.761 99.044 67.666
201406 49.053 99.496 65.092
201409 48.869 99.586 64.790
201412 43.807 99.676 58.026
201503 41.658 99.992 55.005
201506 40.876 100.492 53.704
201509 37.952 100.292 49.962
201512 38.959 100.692 51.084
201603 39.908 100.692 52.328
201606 37.978 101.092 49.600
201609 38.227 101.192 49.876
201612 35.270 102.092 45.613
201703 37.218 102.592 47.897
201706 37.221 102.991 47.715
201709 40.809 103.591 52.012
201712 40.654 104.291 51.466
201803 40.704 104.491 51.431
201806 40.081 105.091 50.355
201809 41.120 105.691 51.367
201812 41.452 106.291 51.489
201903 42.786 106.391 53.096
201906 42.461 106.791 52.496
201909 43.315 106.991 53.451
201912 44.227 108.091 54.021
202003 43.641 108.024 53.339
202006 43.894 107.915 53.702
202009 44.405 108.348 54.110
202012 51.117 109.321 61.735
202103 54.340 110.186 65.112
202106 54.744 110.943 65.149
202109 55.836 111.916 65.870
202112 53.575 113.971 62.064
202203 56.024 117.647 62.873
202206 60.252 120.567 65.980
202209 61.076 123.811 65.130
202212 62.020 125.541 65.225
202303 62.782 128.461 64.526
202306 58.938 130.191 59.770
202309 60.074 131.272 60.420
202312 60.798 132.029 60.798

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.


OMV AG  (OTCPK:OMVJF) 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.


OMV AG Cyclically Adjusted PB Ratio Related Terms

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


OMV AG (OMV AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (OTCPK:OMVJF) » Definitions » Cyclically Adjusted PB Ratio
Address
Trabrennstrasse 6 - 8, Vienna, AUT, 1020
OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.

OMV AG (OMV AG) Headlines

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