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AS Tallinna Vesi (FRA:A1T) Cyclically Adjusted PB Ratio : 1.76 (As of Jun. 27, 2025)


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What is AS Tallinna Vesi Cyclically Adjusted PB Ratio?

As of today (2025-06-27), AS Tallinna Vesi's current share price is €10.50. AS Tallinna Vesi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €5.96. AS Tallinna Vesi's Cyclically Adjusted PB Ratio for today is 1.76.

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

FRA:A1T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.39   Max: 3.34
Current: 1.74

During the past years, AS Tallinna Vesi's highest Cyclically Adjusted PB Ratio was 3.34. The lowest was 1.66. And the median was 2.39.

FRA:A1T's Cyclically Adjusted PB Ratio is ranked worse than
58.98% of 412 companies
in the Utilities - Regulated industry
Industry Median: 1.48 vs FRA:A1T: 1.74

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.

AS Tallinna Vesi's adjusted book value per share data for the three months ended in Mar. 2025 was €6.180. 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 €5.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Tallinna Vesi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AS Tallinna Vesi'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.

AS Tallinna Vesi Cyclically Adjusted PB Ratio Chart

AS Tallinna Vesi 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 2.75 2.74 2.21 1.80 1.68

AS Tallinna Vesi 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 1.72 1.70 1.65 1.68 1.71

Competitive Comparison of AS Tallinna Vesi's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, AS Tallinna Vesi'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.


AS Tallinna Vesi's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AS Tallinna Vesi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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AS Tallinna Vesi 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.

AS Tallinna Vesi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.50/5.96
=1.76

* 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.

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

For example, AS Tallinna Vesi'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)
=6.18/134.9266*134.9266
=6.180

Current CPI (Mar. 2025) = 134.9266.

AS Tallinna Vesi Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.883 100.684 5.204
201509 4.139 100.392 5.563
201512 4.450 99.792 6.017
201603 4.732 100.470 6.355
201606 3.871 101.688 5.136
201609 4.197 101.861 5.559
201612 4.470 101.863 5.921
201703 4.788 102.862 6.281
201706 4.461 103.349 5.824
201709 4.813 104.136 6.236
201712 4.291 104.011 5.566
201803 4.618 105.290 5.918
201806 4.531 106.317 5.750
201809 4.888 106.507 6.192
201812 5.138 105.998 6.540
201903 5.473 107.251 6.885
201906 4.862 108.070 6.070
201909 5.229 108.329 6.513
201912 5.776 108.420 7.188
202003 6.054 108.902 7.501
202006 5.062 108.767 6.279
202009 5.343 109.815 6.565
202012 5.613 109.897 6.891
202103 5.840 111.754 7.051
202106 5.344 114.631 6.290
202109 5.611 115.734 6.541
202112 5.771 117.630 6.620
202203 5.915 121.301 6.579
202206 5.313 125.017 5.734
202209 5.424 125.227 5.844
202212 5.541 125.222 5.970
202303 5.716 127.348 6.056
202306 5.502 128.729 5.767
202309 5.705 129.860 5.928
202312 5.854 129.419 6.103
202403 6.004 131.776 6.148
202406 5.604 132.554 5.704
202409 5.800 133.029 5.883
202412 6.008 133.157 6.088
202503 6.180 134.927 6.180

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.


AS Tallinna Vesi  (FRA:A1T) 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.


AS Tallinna Vesi Cyclically Adjusted PB Ratio Related Terms

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


AS Tallinna Vesi Business Description

Traded in Other Exchanges
Address
Adala 10, Tallinn, EST, 10614
AS Tallinna Vesi is a water utility company in Estonia. The business activity of the group is operated through two plants namely Ulemiste Water Treatment Plant and Paljassaare Wastewater Treatment Plant. It is engaged in water services which include the supply of water and treatment of wastewater services to people in Tallinn and in several neighboring municipalities of Tallinn. Further also engaged in construction and other services. In addition, it also offers other services such as drinking water and waste water analysis, water and sewerage pipeline works, design pipelines and pipeline construction, and others. It has three segments Water services, Construction services, and Other services. It generates the majority of its revenue from Water services segment.

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