GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (FRA:OMVI) » Definitions » Cyclically Adjusted Book per Share

OMV AG (FRA:OMVI) Cyclically Adjusted Book per Share : €12.22 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is OMV AG Cyclically Adjusted Book per Share?

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.

OMV AG's adjusted book value per share for the three months ended in Mar. 2024 was €14.372. 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 €12.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OMV AG's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 OMV AG was 8.80% per year. The lowest was 2.60% per year. And the median was 5.60% per year.

As of today (2024-05-26), OMV AG's current stock price is €11.60. OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.22. OMV AG's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OMV AG was 1.55. The lowest was 0.51. And the median was 1.14.


OMV AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for OMV AG'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.

* Premium members only.

OMV AG Cyclically Adjusted Book per Share Chart

OMV AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.62 10.25 11.60 12.30

OMV AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.85 11.91 12.22 12.30 12.22

Competitive Comparison of OMV AG's Cyclically Adjusted Book per Share

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 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, OMV AG'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)
=14.372/133.7589*133.7589
=14.372

Current CPI (Mar. 2024) = 133.7589.

OMV AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.026 99.496 12.134
201409 9.481 99.586 12.734
201412 8.882 99.676 11.919
201503 9.623 99.992 12.873
201506 9.105 100.492 12.119
201509 8.454 100.292 11.275
201512 8.941 100.692 11.877
201603 8.959 100.692 11.901
201606 8.450 101.092 11.181
201609 8.515 101.192 11.255
201612 8.359 102.092 10.952
201703 8.700 102.592 11.343
201706 8.282 102.991 10.756
201709 8.560 103.591 11.053
201712 8.588 104.291 11.015
201803 8.253 104.491 10.565
201806 8.577 105.091 10.917
201809 8.810 105.691 11.150
201812 9.109 106.291 11.463
201903 9.467 106.391 11.902
201906 9.395 106.791 11.768
201909 9.833 106.991 12.293
201912 9.951 108.091 12.314
202003 9.874 108.024 12.226
202006 9.745 107.915 12.079
202009 9.425 108.348 11.635
202012 10.505 109.321 12.853
202103 11.411 110.186 13.852
202106 11.359 110.943 13.695
202109 11.865 111.916 14.181
202112 11.854 113.971 13.912
202203 12.717 117.647 14.459
202206 14.249 120.567 15.808
202209 15.422 123.811 16.661
202212 14.637 125.541 15.595
202303 14.660 128.460 15.265
202306 13.600 130.191 13.973
202309 14.072 131.272 14.339
202312 13.938 132.570 14.063
202403 14.372 133.759 14.372

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


OMV AG  (FRA:OMVI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.60/12.22
=0.95

* 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 OMV AG was 1.55. The lowest was 0.51. And the median was 1.14.


Be Aware

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


OMV AG Cyclically Adjusted Book per Share Related Terms

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


OMV AG (FRA:OMVI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (FRA:OMVI) » Definitions » Cyclically Adjusted Book per Share
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 (FRA:OMVI) Headlines

No Headlines