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Viscofan (LTS:0MKW) Cyclically Adjusted PB Ratio : 3.23 (As of Jun. 22, 2024)


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What is Viscofan Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Viscofan's current share price is €60.70. Viscofan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.80. Viscofan's Cyclically Adjusted PB Ratio for today is 3.23.

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

LTS:0MKW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 3.76   Max: 5.24
Current: 3.24

During the past years, Viscofan's highest Cyclically Adjusted PB Ratio was 5.24. The lowest was 2.81. And the median was 3.76.

LTS:0MKW's Cyclically Adjusted PB Ratio is ranked worse than
84.08% of 314 companies
in the Packaging & Containers industry
Industry Median: 1.22 vs LTS:0MKW: 3.24

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.

Viscofan's adjusted book value per share data for the three months ended in Mar. 2024 was €21.021. 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 €18.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viscofan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viscofan'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.

Viscofan Cyclically Adjusted PB Ratio Chart

Viscofan 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 3.51 4.14 3.62 3.49 2.89

Viscofan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.75 3.52 3.15 2.89 3.11

Competitive Comparison of Viscofan's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Viscofan'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.


Viscofan's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viscofan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viscofan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.70/18.8
=3.23

* 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.

Viscofan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Viscofan's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.021/122.7621*122.7621
=21.021

Current CPI (Mar. 2024) = 122.7621.

Viscofan Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.607 101.081 14.097
201409 12.391 100.441 15.145
201412 12.357 100.251 15.132
201503 13.395 99.474 16.531
201506 13.154 101.138 15.966
201509 13.231 99.559 16.315
201512 13.581 100.268 16.628
201603 14.026 98.638 17.456
201606 14.172 100.333 17.340
201609 14.710 99.737 18.106
201612 15.189 101.842 18.309
201703 15.997 100.896 19.464
201706 15.409 101.848 18.573
201709 15.821 101.524 19.131
201712 15.611 102.975 18.611
201803 16.124 102.122 19.383
201806 15.744 104.165 18.555
201809 16.194 103.818 19.149
201812 16.293 104.193 19.197
201903 16.998 103.488 20.164
201906 16.454 104.612 19.309
201909 16.932 103.905 20.005
201912 16.923 105.015 19.783
202003 16.357 103.469 19.407
202006 15.879 104.254 18.698
202009 16.221 103.521 19.236
202012 15.881 104.456 18.664
202103 16.706 104.857 19.559
202106 17.475 107.102 20.030
202109 18.239 107.669 20.796
202112 17.777 111.298 19.608
202203 18.996 115.153 20.251
202206 19.388 118.044 20.163
202209 20.713 117.221 21.692
202212 19.638 117.650 20.491
202303 20.381 118.948 21.035
202306 20.779 120.278 21.208
202309 21.635 121.343 21.888
202312 20.785 121.300 21.036
202403 21.021 122.762 21.021

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.


Viscofan  (LTS:0MKW) 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.


Viscofan Cyclically Adjusted PB Ratio Related Terms

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


Viscofan (LTS:0MKW) Business Description

Traded in Other Exchanges
Address
Poligono Industrial Berroa, Calle Berroa Nr. 15, 4th Floor, Tajonar, Navarra, ESP, 31192
Viscofan SA is a Spanish producer and distributor of artificial casings for the meat industry. The company offers both natural and synthetic materials for the customised casing and animal gut meat processing industry. Its business segments are cellulose, collagen, plastic, nonpack films, fibrous, and machinery. The breakdown by geographical area is: North America, with approximately one third of sales, Europe, and Asia, with more than half of sales; and South America.

Viscofan (LTS:0MKW) Headlines

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