VLOUF (Vallourec) Cyclically Adjusted Book per Share: $42.40 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

VLOUF Vallourec SA VLOUF
69 GF Score
Price $21.40
GF Value $16.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Vallourec Cyclically Adjusted Book per Share?

Vallourec VLOUF 69 Cyclically Adjusted Book per Share is $42.40 as of Jun. 2026. GuruFocus rates VLOUF with a GF Score™ of 69/100 and a GF Value™ of $16.33 (Significantly Overvalued). The stock has 2 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.

Vallourec's adjusted book value per share for the three months ended in Jun. 2026 was $14.137. 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 $42.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vallourec's average Cyclically Adjusted Book Growth Rate was -28.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -32.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -26.20% 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 Vallourec was -5.90% per year. The lowest was -32.00% per year. And the median was -16.30% per year.

As of today (2026-08-13), Vallourec's current stock price is $21.40. Vallourec's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $42.40. Vallourec's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vallourec was 0.69. The lowest was 0.02. And the median was 0.15.


Vallourec  (OTCPK:VLOUF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.40/42.40
=0.50

* 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 Vallourec was 0.69. The lowest was 0.02. And the median was 0.15.


Be Aware

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


Vallourec Cyclically Adjusted Book per Share Related Terms


Vallourec Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vallourec'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.

Vallourec Cyclically Adjusted Book per Share Chart

Vallourec 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 167.97 134.74 107.23 64.58 44.98

Vallourec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 57.72 52.23 44.98 41.75 42.40

VLOUF vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Vallourec'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.


Vallourec Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vallourec's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VLOUF
69GF Score
Vallourec SA VLOUF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vallourec 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, Vallourec's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.137/123.5100*123.5100
=14.137

Current CPI (Jun. 2026) = 123.5100.

Vallourec Quarterly Data

Book Value per Share CPI Adj_Book
201609 109.627 100.340 134.942
201612 106.692 100.650 130.924
201703 104.863 101.170 128.018
201706 97.410 101.320 118.744
201709 96.078 101.330 117.108
201712 86.618 101.850 105.039
201803 81.581 102.750 98.064
201806 69.876 103.370 83.490
201809 65.361 103.560 77.952
201812 61.847 103.470 73.825
201903 59.967 103.890 71.292
201906 56.777 104.580 67.054
201909 52.814 104.500 62.422
201912 49.225 104.980 57.914
202003 38.733 104.590 45.740
202006 19.071 104.790 22.478
202009 13.428 104.550 15.863
202012 -6.865 104.960 -8.078
202103 -7.181 105.750 -8.387
202106 8.430 106.340 9.791
202109 8.461 106.810 9.784
202112 8.709 107.850 9.974
202203 9.581 110.490 10.710
202206 7.516 112.550 8.248
202209 7.647 112.740 8.378
202212 7.515 114.160 8.130
202303 8.376 116.790 8.858
202306 9.319 117.650 9.783
202309 9.874 118.260 10.312
202312 10.236 118.390 10.679
202403 10.914 119.470 11.283
202406 10.827 120.200 11.125
202409 11.099 119.560 11.466
202412 11.246 119.950 11.580
202503 11.904 120.380 12.214
202506 10.297 121.360 10.479
202509 11.286 120.950 11.525
202512 11.530 120.900 11.779
202603 14.069 122.420 14.194
202606 14.137 123.510 14.137

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 $42.40 mean?
Vallourec (VLOUF) has a Cyclically Adjusted Book per Share of $42.40 as of Jun. 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 Vallourec and its competitors.
Is Vallourec's Cyclically Adjusted Book per Share too high?
Vallourec's current Cyclically Adjusted Book per Share is $42.40. Overall, Vallourec has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vallourec's Cyclically Adjusted Book per Share compare to NUE and STLD?
Vallourec's Cyclically Adjusted Book per Share of $42.40 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Vallourec and its competitors. Vallourec's current Cyclically Adjusted Book per Share is $42.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vallourec stock overvalued right now?
Based on GuruFocus' analysis, Vallourec (VLOUF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.33, compared to a current price of $21.40 — trading 31% above its estimated fair value. The current Cyclically Adjusted Book per Share is $42.40. Vallourec's overall GF Score™ is 69/100 with 2 warning signs to review. 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 Vallourec (VLOUF), the current Cyclically Adjusted Book per Share is $42.40 as of Jun. 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.

Is Vallourec (VLOUF) Overvalued in 2026?

Based on GuruFocus' analysis, Vallourec stock appears to be overvalued. The current stock price of $21.40 is trading 31% above its estimated GF Value™ of $16.33. GuruFocus considers Vallourec to be Significantly Overvalued.

Key valuation signals for VLOUF:

  • Cyclically Adjusted Book per Share: $42.40
  • GF Value™: $16.33 vs. price of $21.40 (31% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the VLOUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vallourec Business Description

Address 12 Rue de la Verrerie, Meudon, FRA, 92190
Vallourec SA is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Its pioneering spirit and cutting-edge R&D open new technological frontiers. With close to around 13,000 dedicated and passionate employees in more than 20 countries, it works hand- in-hand with its customers to offer more than just tubes: Vallourec delivers safe, competitive, and smart tubular solutions to make every project possible.
69GF Score

Get the complete analysis for VLOUF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.40
Price
$16.33
GF Value