GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (CHIX:BACd) » Definitions » Cyclically Adjusted PB Ratio

Verizon Communications (CHIX:BACD) Cyclically Adjusted PB Ratio : 2.42 (As of Jun. 03, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Verizon Communications Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Verizon Communications's current share price is €38.245. Verizon Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €15.82. Verizon Communications's Cyclically Adjusted PB Ratio for today is 2.42.

The historical rank and industry rank for Verizon Communications's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:BACd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 4.13   Max: 5.81
Current: 2.61

During the past years, Verizon Communications's highest Cyclically Adjusted PB Ratio was 5.81. The lowest was 2.21. And the median was 4.13.

CHIX:BACd's Cyclically Adjusted PB Ratio is ranked worse than
69.78% of 278 companies
in the Telecommunication Services industry
Industry Median: 1.53 vs CHIX:BACd: 2.61

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.

Verizon Communications's adjusted book value per share data for the three months ended in Mar. 2025 was €22.097. 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 €15.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verizon Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verizon Communications's Cyclically Adjusted PB Ratio 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.

Verizon Communications Cyclically Adjusted PB Ratio Chart

Verizon Communications Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 4.46 3.06 2.71 2.47

Verizon Communications Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 2.87 2.72 2.87 2.47 2.68

Competitive Comparison of Verizon Communications's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Verizon Communications'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.


Verizon Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Verizon Communications Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Verizon Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.245/15.82
=2.42

* 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.

Verizon Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Verizon Communications's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.097/134.9266*134.9266
=22.097

Current CPI (Mar. 2025) = 134.9266.

Verizon Communications Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.502 100.684 3.353
201509 2.877 100.392 3.867
201512 3.702 99.792 5.005
201603 4.107 100.470 5.515
201606 4.202 101.688 5.575
201609 4.472 101.861 5.924
201612 5.238 101.863 6.938
201703 5.385 102.862 7.064
201706 5.495 103.349 7.174
201709 5.522 104.136 7.155
201712 8.927 104.011 11.580
201803 9.967 105.290 12.773
201806 10.778 106.317 13.678
201809 11.303 106.507 14.319
201812 11.305 105.998 14.390
201903 11.953 107.251 15.037
201906 12.108 108.070 15.117
201909 12.936 108.329 16.112
201912 13.360 108.420 16.626
202003 13.168 108.902 16.315
202006 13.454 108.767 16.690
202009 13.350 109.815 16.403
202012 13.476 109.897 16.545
202103 14.453 111.754 17.450
202106 14.772 114.631 17.387
202109 15.818 115.734 18.441
202112 17.243 117.630 19.779
202203 18.110 121.301 20.144
202206 19.374 125.017 20.910
202209 21.035 125.227 22.664
202212 20.486 125.222 22.074
202303 20.655 127.348 21.884
202306 20.900 128.729 21.906
202309 21.784 129.860 22.634
202312 20.160 129.419 21.018
202403 20.618 131.776 21.111
202406 21.224 132.554 21.604
202409 20.617 133.029 20.911
202412 22.513 133.157 22.812
202503 22.097 134.927 22.097

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


Verizon Communications  (CHIX:BACd) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Verizon Communications Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Verizon Communications's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for nearly 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses, including about 20 million with the Fios fiber optic network. These networks serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

Verizon Communications Headlines

No Headlines