GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Van Elle Holdings PLC (LSE:VANL) » Definitions » Cyclically Adjusted PB Ratio

Van Elle Holdings (LSE:VANL) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 06, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Van Elle Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Van Elle Holdings's current share price is £0.37. Van Elle Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 was £0.44. Van Elle Holdings's Cyclically Adjusted PB Ratio for today is 0.84.

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

LSE:VANL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.98   Max: 1.34
Current: 0.84

During the past 11 years, Van Elle Holdings's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.75. And the median was 0.98.

LSE:VANL's Cyclically Adjusted PB Ratio is ranked better than
62.53% of 1249 companies
in the Construction industry
Industry Median: 1.13 vs LSE:VANL: 0.84

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.

Van Elle Holdings's adjusted book value per share data of for the fiscal year that ended in Apr23 was £0.469. 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 £0.44 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Van Elle Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Van Elle Holdings'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.

Van Elle Holdings Cyclically Adjusted PB Ratio Chart

Van Elle Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.14 0.99

Van Elle Holdings Semi-Annual Data
Apr14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 1.14 - 0.99 -

Competitive Comparison of Van Elle Holdings's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Van Elle Holdings'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.


Van Elle Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Van Elle Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Van Elle Holdings's Cyclically Adjusted PB Ratio falls into.



Van Elle Holdings 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.

Van Elle Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/0.44
=0.84

* 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.

Van Elle Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Van Elle Holdings's adjusted Book Value per Share data for the fiscal year that ended in Apr23 was:

Adj_Book=Book Value per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=0.469/128.3000*128.3000
=0.469

Current CPI (Apr23) = 128.3000.

Van Elle Holdings Annual Data

Book Value per Share CPI Adj_Book
201404 0.093 99.600 0.120
201504 0.160 99.900 0.205
201604 0.259 100.600 0.330
201704 0.454 103.200 0.564
201804 0.517 105.500 0.629
201904 0.526 107.600 0.627
202004 0.430 108.600 0.508
202104 0.418 110.400 0.486
202204 0.437 119.000 0.471
202304 0.469 128.300 0.469

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.


Van Elle Holdings  (LSE:VANL) 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.


Van Elle Holdings Cyclically Adjusted PB Ratio Related Terms

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


Van Elle Holdings (LSE:VANL) Business Description

Traded in Other Exchanges
N/A
Address
Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ
Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling, and Ground Engineering Services. Other services provided by the company are Rail Sheet Piling, Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling Segment.

Van Elle Holdings (LSE:VANL) Headlines

No Headlines