OMV AG (FRA:OMV) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:OMV OMV AG FRA:OMV
45 GF Score
Price €62.85
GF Value €32.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is OMV AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OMV AG  (FRA:OMV) 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.


OMV AG Cyclically Adjusted PB Ratio Related Terms


OMV AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OMV AG'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.

OMV AG Cyclically Adjusted PB Ratio Chart

OMV AG 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 1.21 1.03 0.80 0.73 0.89

OMV AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.88 0.86 0.89 1.16 0.00

FRA:OMV vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, OMV 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.


OMV AG Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OMV AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:OMV
45GF Score
OMV AG FRA:OMV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OMV AG 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.

OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, OMV AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=54.703/142.1600*142.1600
=54.703

Current CPI (Jun. 2026) = 142.1600.

OMV AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.061 101.192 47.851
201612 33.436 102.092 46.559
201703 34.799 102.592 48.221
201706 33.126 102.991 45.724
201709 34.239 103.591 46.987
201712 34.352 104.291 46.825
201803 33.011 104.491 44.911
201806 34.309 105.091 46.411
201809 35.240 105.691 47.400
201812 36.437 106.291 48.733
201903 37.866 106.391 50.597
201906 37.578 106.791 50.024
201909 39.330 106.991 52.258
201912 39.804 108.091 52.350
202003 39.495 108.024 51.976
202006 38.978 107.915 51.347
202009 37.700 108.348 49.465
202012 42.019 109.321 54.641
202103 45.646 110.186 58.892
202106 45.438 110.943 58.223
202109 47.460 111.916 60.285
202112 47.414 113.971 59.141
202203 50.870 117.647 61.469
202206 56.998 120.567 67.206
202209 61.687 123.811 70.829
202212 58.547 125.541 66.297
202303 58.639 128.460 64.893
202306 54.400 130.191 59.401
202309 56.289 131.272 60.958
202312 55.751 132.570 59.784
202403 57.488 133.759 61.099
202406 52.495 134.083 55.657
202409 51.896 133.651 55.200
202412 54.606 135.273 57.386
202503 54.158 137.760 55.888
202506 50.400 138.517 51.726
202509 49.608 138.950 50.754
202512 50.095 140.350 50.741
202603 54.978 142.160 54.978
202606 54.703 142.160 54.703

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.

Is OMV AG (FRA:OMV) Overvalued in 2026?

Based on GuruFocus' analysis, OMV AG stock appears to be overvalued. The current stock price of €62.85 is trading 93.8% above its estimated GF Value™ of €32.43. GuruFocus considers OMV AG to be Significantly Overvalued.

Key valuation signals for FRA:OMV:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €32.43 vs. price of €62.85 (93.8% above fair value)
  • GF Score™: 45/100 with 7 warning signs

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


OMV AG Business Description

Industry EnergyOil & Gas
Address Trabrennstrasse 6 - 8, Vienna, AUT, 1020
OMV AG is an international, integrated oil and gas company that operates in the Energy, Fuels and Feedstock, Chemicals segments and Corporate and others. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. The Energy segment engages in the business of oil and gas exploration, development and production. The Fuels and Feedstock segment which generates key revenue, refines and markets crude oil and other feedstock. The Chemicals segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling. Geographically, the company generates a majority of its revenue from Austria and the rest from its operations in Germany, Romania, Norway, France, the Netherlands, and Other Countries.
45GF Score

Get the complete analysis for FRA:OMV

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

€62.85
Price
€32.43
GF Value