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Valmet (LTS:0QIW) Cyclically Adjusted PB Ratio : 2.77 (As of Jun. 06, 2024)


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What is Valmet Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Valmet's current share price is €24.17. Valmet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.71. Valmet's Cyclically Adjusted PB Ratio for today is 2.77.

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

LTS:0QIW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.48   Med: 3.54   Max: 6.18
Current: 2.85

During the past years, Valmet's highest Cyclically Adjusted PB Ratio was 6.18. The lowest was 2.48. And the median was 3.54.

LTS:0QIW's Cyclically Adjusted PB Ratio is ranked worse than
66.39% of 2163 companies
in the Industrial Products industry
Industry Median: 1.89 vs LTS:0QIW: 2.85

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.

Valmet's adjusted book value per share data for the three months ended in Mar. 2024 was €12.934. 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 €8.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valmet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Valmet'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.

Valmet Cyclically Adjusted PB Ratio Chart

Valmet 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 - - 6.21 3.35 3.10

Valmet 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 3.83 3.17 2.63 3.10 2.82

Competitive Comparison of Valmet's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Valmet'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.


Valmet's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Valmet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Valmet 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.

Valmet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.17/8.71
=2.77

* 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.

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

For example, Valmet'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)
=12.934/122.3600*122.3600
=12.934

Current CPI (Mar. 2024) = 122.3600.

Valmet Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.185 100.147 6.335
201409 5.318 100.726 6.460
201412 5.365 100.229 6.550
201503 5.265 100.120 6.435
201506 5.378 100.030 6.579
201509 5.405 100.130 6.605
201512 5.705 99.990 6.981
201603 5.385 100.080 6.584
201606 5.585 100.390 6.807
201609 5.685 100.540 6.919
201612 5.879 101.020 7.121
201703 5.605 100.910 6.796
201706 5.819 101.140 7.040
201709 5.952 101.320 7.188
201712 6.092 101.510 7.343
201803 5.521 101.730 6.641
201806 5.634 102.320 6.737
201809 5.828 102.600 6.950
201812 6.309 102.710 7.516
201903 5.821 102.870 6.924
201906 5.962 103.360 7.058
201909 6.136 103.540 7.251
201912 6.951 103.650 8.206
202003 6.716 103.490 7.941
202006 6.428 103.320 7.613
202009 6.816 103.710 8.042
202012 7.606 103.890 8.958
202103 7.179 104.870 8.376
202106 7.613 105.360 8.841
202109 8.102 106.290 9.327
202112 8.871 107.490 10.098
202203 8.340 110.950 9.198
202206 12.775 113.570 13.764
202209 13.226 114.920 14.082
202212 13.541 117.320 14.123
202303 12.501 119.750 12.773
202306 12.934 120.690 13.113
202309 13.488 121.280 13.608
202312 13.928 121.540 14.022
202403 12.934 122.360 12.934

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.


Valmet  (LTS:0QIW) 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.


Valmet Cyclically Adjusted PB Ratio Related Terms

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


Valmet (LTS:0QIW) Business Description

Traded in Other Exchanges
Address
Keilasatama 5, P.O. Box 11, Espoo, FIN, 02150
Valmet Corp is a Finland-based company that supplies technologies, automation solutions, and other services to customers in the pulp, paper, and energy industries. The company has three segments: Services, Automation and Process Technologies. It generates maximum revenue from the Process Technologies segment. The Process Technologies segment provides technology solutions for pulp and energy production, as well as for biomass conversion and emission control. Geographically, it derives a majority of revenue from EMEA followed by North America.

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