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VIB Vermoegen AG (LTS:0AC3) Cyclically Adjusted PB Ratio : 0.47 (As of Dec. 11, 2024)


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What is VIB Vermoegen AG Cyclically Adjusted PB Ratio?

As of today (2024-12-11), VIB Vermoegen AG's current share price is €10.04. VIB Vermoegen AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €21.38. VIB Vermoegen AG's Cyclically Adjusted PB Ratio for today is 0.47.

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

LTS:0AC3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.6   Max: 2.95
Current: 0.46

During the past 13 years, VIB Vermoegen AG's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.32. And the median was 1.60.

LTS:0AC3's Cyclically Adjusted PB Ratio is ranked better than
65.65% of 1377 companies
in the Real Estate industry
Industry Median: 0.73 vs LTS:0AC3: 0.46

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.

VIB Vermoegen AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was €25.539. 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 €21.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VIB Vermoegen AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VIB Vermoegen 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.

* Premium members only.

VIB Vermoegen AG Cyclically Adjusted PB Ratio Chart

VIB Vermoegen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.77 2.53 1.01 0.65

VIB Vermoegen AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.25 1.01 0.65 0.65 -

Competitive Comparison of VIB Vermoegen AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, VIB Vermoegen 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.


VIB Vermoegen AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, VIB Vermoegen AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



VIB Vermoegen 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.

VIB Vermoegen AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.04/21.38
=0.47

* 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.

VIB Vermoegen AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, VIB Vermoegen AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=25.539/123.7729*123.7729
=25.539

Current CPI (Dec23) = 123.7729.

VIB Vermoegen AG Annual Data

Book Value per Share CPI Adj_Book
201412 14.446 99.543 17.962
201512 14.736 99.717 18.291
201612 15.324 101.217 18.739
201712 16.704 102.617 20.148
201812 18.250 104.217 21.674
201912 19.956 105.818 23.342
202012 20.244 105.518 23.746
202112 20.643 110.384 23.147
202212 21.587 119.345 22.388
202312 25.539 123.773 25.539

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.


VIB Vermoegen AG  (LTS:0AC3) 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.


VIB Vermoegen AG Cyclically Adjusted PB Ratio Related Terms

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VIB Vermoegen AG Business Description

Industry
Traded in Other Exchanges
Address
Tilly-Park 1, Neuburg an der Donau, BY, DEU, 86633
VIB Vermoegen AG is a real estate holding company which is engaged in the development, acquisition, and management of commercial real estate properties, The real estate portfolio of VIB Vermogen AG includes logistics properties, industrial real estate, shopping centers and retail parks, as well as commercial and service centers. Its segment are Rental and Management of Real Estate Assets and Management of Properties of Institutional Investors.

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