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Vestas Wind Systems A/S (XSWX:VWS) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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What is Vestas Wind Systems A/S Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Vestas Wind Systems A/S's adjusted book value per share for the three months ended in Mar. 2024 was CHF14.689. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vestas Wind Systems A/S's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Vestas Wind Systems A/S was 8.90% per year. The lowest was 3.60% per year. And the median was 6.25% per year.

As of today (2024-05-15), Vestas Wind Systems A/S's current stock price is CHF105.00. Vestas Wind Systems A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Vestas Wind Systems A/S's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vestas Wind Systems A/S was 15.68. The lowest was 4.12. And the median was 6.99.


Vestas Wind Systems A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Cyclically Adjusted Book per Share Chart

Vestas Wind Systems A/S 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 12.66 7.26 - - -

Vestas Wind Systems A/S 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 - - - - -

Competitive Comparison of Vestas Wind Systems A/S's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Cyclically Adjusted PB Ratio falls into.



Vestas Wind Systems A/S 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, Vestas Wind Systems A/S'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)
=14.689/116.7000*116.7000
=14.689

Current CPI (Mar. 2024) = 116.7000.

Vestas Wind Systems A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.918 99.700 12.780
201409 11.667 99.700 13.656
201412 12.959 99.400 15.214
201503 11.301 100.200 13.162
201506 12.035 100.300 14.003
201509 13.707 100.200 15.964
201512 14.356 99.800 16.787
201603 13.306 100.200 15.497
201606 14.353 100.600 16.650
201609 15.119 100.200 17.609
201612 16.046 100.300 18.670
201703 15.961 101.200 18.406
201706 15.896 101.200 18.331
201709 16.877 101.800 19.347
201712 17.849 101.300 20.562
201803 16.658 101.700 19.115
201806 16.769 102.300 19.129
201809 16.507 102.400 18.812
201812 17.687 102.100 20.216
201903 18.212 102.900 20.654
201906 16.621 102.900 18.850
201909 17.980 102.900 20.391
201912 18.405 102.900 20.873
202003 18.428 103.300 20.818
202006 17.029 103.200 19.257
202009 18.384 103.500 20.729
202012 25.040 103.400 28.261
202103 25.530 104.300 28.565
202106 24.398 105.000 27.117
202109 25.569 105.800 28.203
202112 24.267 106.600 26.566
202203 19.791 109.900 21.016
202206 18.610 113.600 19.118
202209 17.812 116.400 17.858
202212 14.955 115.900 15.058
202303 14.838 117.300 14.762
202306 13.758 116.400 13.793
202309 14.176 117.400 14.091
202312 14.211 116.700 14.211
202403 14.689 116.700 14.689

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


Vestas Wind Systems A/S  (XSWX:VWS) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vestas Wind Systems A/S was 15.68. The lowest was 4.12. And the median was 6.99.


Be Aware

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


Vestas Wind Systems A/S Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Vestas Wind Systems A/S's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestas Wind Systems A/S (XSWX:VWS) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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