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Viscom AG (XTER:V6C) Cyclically Adjusted Book per Share : €7.15 (As of Mar. 2024)


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What is Viscom 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.

Viscom AG's adjusted book value per share for the three months ended in Mar. 2024 was €6.562. 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 €7.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Viscom AG's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Viscom AG was 3.00% per year. The lowest was 1.30% per year. And the median was 2.50% per year.

As of today (2024-06-03), Viscom AG's current stock price is €4.73. Viscom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.15. Viscom AG's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viscom AG was 3.02. The lowest was 0.63. And the median was 1.42.


Viscom AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Viscom 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.

Viscom AG Cyclically Adjusted Book per Share Chart

Viscom 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 6.56 6.53 6.70 7.07 7.13

Viscom 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 7.20 7.19 7.20 7.13 7.15

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

For the Scientific & Technical Instruments subindustry, Viscom 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.


Viscom AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viscom AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viscom 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, Viscom 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)
=6.562/125.0381*125.0381
=6.562

Current CPI (Mar. 2024) = 125.0381.

Viscom AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.421 99.543 6.809
201409 5.709 99.823 7.151
201412 6.031 99.543 7.576
201503 6.307 99.717 7.909
201506 5.263 100.417 6.553
201509 5.427 100.417 6.758
201512 5.476 99.717 6.867
201603 5.304 100.017 6.631
201606 5.136 100.717 6.376
201609 5.360 101.017 6.635
201612 5.885 101.217 7.270
201703 6.090 101.417 7.508
201706 5.850 102.117 7.163
201709 6.159 102.717 7.497
201712 6.388 102.617 7.784
201803 6.417 102.917 7.796
201806 6.196 104.017 7.448
201809 6.377 104.718 7.614
201812 6.674 104.217 8.007
201903 6.716 104.217 8.058
201906 6.381 105.718 7.547
201909 6.326 106.018 7.461
201912 6.584 105.818 7.780
202003 6.306 105.718 7.458
202006 6.133 106.618 7.193
202009 5.699 105.818 6.734
202012 5.989 105.518 7.097
202103 5.996 107.518 6.973
202106 6.067 108.486 6.993
202109 6.182 109.435 7.063
202112 6.367 110.384 7.212
202203 6.395 113.968 7.016
202206 6.289 115.760 6.793
202209 6.384 118.818 6.718
202212 6.779 119.345 7.102
202303 6.759 122.402 6.905
202306 6.404 123.140 6.503
202309 6.560 124.195 6.605
202312 6.766 123.773 6.835
202403 6.562 125.038 6.562

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


Viscom AG  (XTER:V6C) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.73/7.15
=0.66

* 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 Viscom AG was 3.02. The lowest was 0.63. And the median was 1.42.


Be Aware

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


Viscom AG Cyclically Adjusted Book per Share Related Terms

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


Viscom AG (XTER:V6C) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Viscom AG (XTER:V6C) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Carl-Buderus-Strasse 9-15, Hannover, DEU, 30455
Viscom AG develops, manufactures and sells automated inspection systems. Its product portfolio includes the bandwidth of optical and X-ray inspection operations. The company's products are used in the production of automotive electronics, aerospace technology, and industrial electronics. Its products consist of solder joint inspection, which includes AOI, AXI, and MXI; solder paste inspection, wire bond inspection, and others. The construction and delivery of machines generate maximum revenue for the company. Geographically, the company offers its services to Europe, the Americas, and Asia. The Europe region generates the maximum revenue for the company.
Executives
Dr. Martin Heuser Board of Directors
Dirk Schwingel Board of Directors
Peter Krippner Board of Directors

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