Vicat (CHIX:VCTP) Cyclically Adjusted PB Ratio: 1.06 (As of Jul. 17, 2026) — 34% Above Median

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CHIX:VCTP Vicat SA CHIX:VCTP
69 GF Score
Price €63.85
GF Value €35.04
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Vicat Cyclically Adjusted PB Ratio?

Vicat CHIX:VCTP 69 Cyclically Adjusted PB Ratio is 1.06 as of Jul. 17, 2026, which is 34% above its 10-year median of 0.79. GuruFocus rates CHIX:VCTP with a GF Score™ of 69/100 and a GF Value™ of €35.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 325 Building Materials companies, Vicat ranks better than 52.62% on this metric.

As of today (2026-07-17), Vicat's current share price is €63.85. Vicat's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €60.50. Vicat's Cyclically Adjusted PB Ratio for today is 1.06.

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

CHIX:VCTp' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.79   Max: 1.47
Current: 1

During the past 13 years, Vicat's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.42. And the median was 0.79.

CHIX:VCTp's Cyclically Adjusted PB Ratio is ranked better than
52.62% of 325 companies
in the Building Materials industry
Industry Median: 1.08 vs CHIX:VCTp: 1.00

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.

Vicat's adjusted book value per share data of for the fiscal year that ended in Dec25 was €65.847. 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 €60.50 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicat  (CHIX:VCTp) 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.


Vicat Cyclically Adjusted PB Ratio Related Terms


Vicat Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vicat'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.

Vicat Cyclically Adjusted PB Ratio Chart

Vicat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.42 0.56 0.61 1.24

Vicat Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.56 0.00 0.61 0.00 1.24

CHIX:VCTP vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Vicat'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.


Vicat Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


CHIX:VCTP
69GF Score
Vicat SA CHIX:VCTP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicat 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.

Vicat's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.85/60.50
=1.06

* 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.

Vicat's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Vicat's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=65.847/120.9000*120.9000
=65.847

Current CPI (Dec25) = 120.9000.

Vicat Annual Data

Book Value per Share CPI Adj_Book
201612 50.097 100.650 60.176
201712 49.013 101.850 58.180
201812 51.085 103.470 59.691
201912 52.685 104.980 60.675
202012 49.260 104.960 56.741
202112 53.409 107.850 59.872
202212 58.483 114.160 61.936
202312 61.573 118.390 62.878
202412 66.625 119.950 67.153
202512 65.847 120.900 65.847

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.

What does a Cyclically Adjusted PB Ratio of 1.06 mean?
Vicat (CHIX:VCTP) has a Cyclically Adjusted PB Ratio of 1.06 as of Jul. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Vicat and its competitors. This is 34% above median its historical median of 0.79. Over the past decade, Vicat's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.47. According to the industry distribution chart, Vicat ranks #154 out of 325 companies in the Building Materials industry, placing it in the top 47.4%.
Is Vicat's Cyclically Adjusted PB Ratio too high?
Vicat's current Cyclically Adjusted PB Ratio of 1.06 is 34% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.47. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.08. Vicat's value of 1.06 is 1.9% below this industry median. Based on the distribution chart, Vicat ranks #154 out of 325 companies in the Building Materials industry, which is above the industry midpoint. Overall, Vicat has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicat's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Vicat ranks #154 out of 325 companies for Cyclically Adjusted PB Ratio. This puts Vicat in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Vicat's value of 1.06 is 1.9% below this benchmark. Historically, Vicat's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.47 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.08, Vicat has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.08, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vicat's current Cyclically Adjusted PB Ratio of 1.06 is 1.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Vicat and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicat's current Cyclically Adjusted PB Ratio is 1.06, which is 34% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicat stock overvalued right now?
Based on GuruFocus' analysis, Vicat (CHIX:VCTP) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.04, compared to a current price of €63.85 — trading 82.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 34% above median its 10-year median of 0.79 and 1.9% below the Building Materials industry median of 1.08. Vicat'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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Vicat (CHIX:VCTP), the current Cyclically Adjusted PB Ratio is 1.06 as of Jul. 17, 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 Vicat (CHIX:VCTP) Overvalued in 2026?

Based on GuruFocus' analysis, Vicat stock appears to be overvalued. The current stock price of €63.85 is trading 82.2% above its estimated GF Value™ of €35.04. GuruFocus considers Vicat to be Significantly Overvalued.

Key valuation signals for CHIX:VCTP:

  • Cyclically Adjusted PB Ratio: 1.06 (34% above median its 10-year median of 0.79)
  • GF Value™: €35.04 vs. price of €63.85 (82.2% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 1.9% below the Building Materials median (#154 of 325)

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


Vicat Business Description

Address 4 Rue Aristide Berges, Les Trois Vallons, L\'Isle-d\'Abeau, FRA, 38080
Vicat SA manufactures and sells cement, ready-mix concrete, and aggregates to the construction and building industries. It is also engaged in other activities, which include transporting materials and merchandise to large work sites, construction chemicals, the production of paper and paper bags, and precast concrete products. The Group's operating segments comprise the following geographic regions in which it operates: France (its key revenue-generating market), Europe (except France), Americas, Asia, Mediterranean, and Africa. Vicat generates the majority of its revenue from the sale of cement, followed by concrete and aggregates, and other products and services.
69GF Score

Get the complete analysis for CHIX:VCTP

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

€63.85
Price
€35.04
GF Value