Vrancart (BSE:VNC) Cyclically Adjusted Book per Share: lei0.19 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Vrancart Cyclically Adjusted Book per Share?

Vrancart BSE:VNC +4.84% Cyclically Adjusted Book per Share is lei0.19 as of Mar. 2026. The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Vrancart's adjusted book value per share for the three months ended in Mar. 2026 was lei0.140. 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 lei0.19 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Vrancart was 8.70% per year. The lowest was 5.90% per year. And the median was 7.30% per year.

As of today (2026-07-18), Vrancart's current stock price is lei0.0975. Vrancart's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was lei0.19. Vrancart's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vrancart was 1.31. The lowest was 0.48. And the median was 0.80.


Vrancart  (BSE:VNC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Vrancart's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0975/0.19
=0.51

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vrancart was 1.31. The lowest was 0.48. And the median was 0.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Vrancart Cyclically Adjusted Book per Share Related Terms


Vrancart Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vrancart's Cyclically Adjusted Book per Share 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.

Vrancart Cyclically Adjusted Book per Share Chart

Vrancart Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.16 0.17 0.18 0.19

Vrancart Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.19 0.19 0.19 0.19 0.19

BSE:VNC vs SW, PKG, IP: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Vrancart'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.


Vrancart Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vrancart's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vrancart Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Vrancart's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.14/330.2130*330.2130
=0.140

Current CPI (Mar. 2026) = 330.2130.

Vrancart Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.122 241.018 0.167
201609 0.106 241.428 0.145
201612 0.121 241.432 0.165
201703 0.125 243.801 0.169
201706 0.122 244.955 0.164
201709 0.126 246.819 0.169
201712 0.143 246.524 0.192
201803 0.147 249.554 0.195
201806 0.143 251.989 0.187
201809 0.148 252.439 0.194
201812 0.147 251.233 0.193
201903 0.151 254.202 0.196
201906 0.148 256.143 0.191
201909 0.152 256.759 0.195
201912 0.164 256.974 0.211
202003 0.166 258.115 0.212
202006 0.157 257.797 0.201
202009 0.161 260.280 0.204
202012 0.166 260.474 0.210
202103 0.169 264.877 0.211
202106 0.164 271.696 0.199
202109 0.165 274.310 0.199
202112 0.158 278.802 0.187
202203 0.161 287.504 0.185
202206 0.163 296.311 0.182
202209 0.165 296.808 0.184
202212 0.213 296.797 0.237
202303 0.214 301.836 0.234
202306 0.171 305.109 0.185
202309 0.198 307.789 0.212
202312 0.196 306.746 0.211
202403 0.194 312.332 0.205
202406 0.209 314.175 0.220
202409 0.189 315.301 0.198
202412 0.185 315.605 0.194
202503 0.184 319.799 0.190
202506 0.179 322.561 0.183
202509 0.176 324.800 0.179
202512 0.136 324.054 0.139
202603 0.140 330.213 0.140

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of lei0.19 mean?
Vrancart (BSE:VNC) has a Cyclically Adjusted Book per Share of lei0.19 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vrancart and its competitors.
Is Vrancart's Cyclically Adjusted Book per Share too high?
Vrancart's current Cyclically Adjusted Book per Share is lei0.19.
How does Vrancart's Cyclically Adjusted Book per Share compare to SW and PKG?
Vrancart's Cyclically Adjusted Book per Share of lei0.19 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vrancart and its competitors. Vrancart's current Cyclically Adjusted Book per Share is lei0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vrancart stock overvalued right now?
Based on GuruFocus' analysis, Vrancart (BSE:VNC) is currently considered Modestly Overvalued. The stock's GF Value™ is lei0.08, compared to a current price of lei0.10 — trading 21.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is lei0.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Vrancart (BSE:VNC), the current Cyclically Adjusted Book per Share is lei0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vrancart Business Description

Address 17th Ecaterina Teodoroiu Street, Adjud, Vrancea, ROU, 625100
Vrancart SA manufactures Corrugated cardboard and packaging, Tissue paper and Paperboards. Its activity is represented by the manufacturing and trading of corrugated cardboard, corrugated cardboard packaging, paper used in the manufacture of corrugated cardboard, hygienic-sanitary papers in various assortments, echip waste recycling equipment (sale, rental and maintenance), and electricity from photovoltaic parks (self-consumption and sale). It also carries out activities to support basic activities (support activities): utility production (industrial water, treated water for thermal boilers, technological steam, wastewater treatment), mechanical and electrical maintenance, transportation (within the company and to customers) and others.