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Verusa Holding AS (IST:VERUS) Cyclically Adjusted PB Ratio : 32.32 (As of Jun. 08, 2024)


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What is Verusa Holding AS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Verusa Holding AS's current share price is ₺276.00. Verusa Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺8.54. Verusa Holding AS's Cyclically Adjusted PB Ratio for today is 32.32.

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

IST:VERUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.56   Med: 22.45   Max: 36.18
Current: 30.21

During the past years, Verusa Holding AS's highest Cyclically Adjusted PB Ratio was 36.18. The lowest was 12.56. And the median was 22.45.

IST:VERUS's Cyclically Adjusted PB Ratio is ranked worse than
99.33% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs IST:VERUS: 30.21

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.

Verusa Holding AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺35.853. 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 ₺8.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verusa Holding AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verusa Holding AS'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.

Verusa Holding AS Cyclically Adjusted PB Ratio Chart

Verusa Holding AS 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 - - - 17.83 23.06

Verusa Holding AS 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 17.83 20.69 20.88 25.24 23.06

Competitive Comparison of Verusa Holding AS's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Verusa Holding AS'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.


Verusa Holding AS's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Verusa Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Verusa Holding AS's Cyclically Adjusted PB Ratio falls into.



Verusa Holding AS 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.

Verusa Holding AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=276.00/8.54
=32.32

* 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.

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

For example, Verusa Holding AS'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)
=35.853/129.4194*129.4194
=35.853

Current CPI (Dec. 2023) = 129.4194.

Verusa Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.803 99.695 2.341
201406 1.669 100.560 2.148
201409 1.560 100.428 2.010
201412 1.784 99.070 2.331
201503 1.809 99.621 2.350
201506 1.974 100.684 2.537
201509 2.060 100.392 2.656
201512 2.476 99.792 3.211
201603 2.644 100.470 3.406
201606 2.760 101.688 3.513
201609 2.677 101.861 3.401
201612 2.885 101.863 3.665
201703 2.880 102.862 3.624
201706 2.771 103.349 3.470
201709 2.721 104.136 3.382
201712 2.894 104.011 3.601
201803 3.041 105.290 3.738
201806 2.861 106.317 3.483
201809 3.285 106.507 3.992
201812 3.608 105.998 4.405
201903 3.780 107.251 4.561
201906 4.162 108.070 4.984
201909 4.147 108.329 4.954
201912 4.649 108.420 5.549
202003 4.688 108.902 5.571
202006 5.106 108.767 6.075
202009 5.236 109.815 6.171
202012 6.957 109.897 8.193
202103 8.107 111.754 9.388
202106 8.829 114.631 9.968
202109 9.742 115.734 10.894
202112 13.178 117.630 14.499
202203 13.905 121.301 14.836
202206 15.771 125.017 16.326
202209 16.181 125.227 16.723
202212 34.243 125.222 35.391
202303 19.941 127.348 20.265
202306 21.717 128.729 21.834
202309 26.448 129.860 26.358
202312 35.853 129.419 35.853

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.


Verusa Holding AS  (IST:VERUS) 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.


Verusa Holding AS Cyclically Adjusted PB Ratio Related Terms

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


Verusa Holding AS (IST:VERUS) Business Description

Traded in Other Exchanges
N/A
Address
Giz Plaza Ayazaga Road, Eski Buyukdere Cad, 14th Floor, D, 51-52, Istanbul, TUR, 34398
Verusa Holding AS is a Turkey based company engaged in providing planning, production, marketing, finance, financing, personnel and funds management. It also has a presence in the sectors of Energy, Finance, Iron and steel, Chemical, and Technology.

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