Verbund AG (LTS:0NR1) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

LTS:0NR1 Verbund AG LTS:0NR1
70 GF Score
Price €62.20
GF Value €57.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Verbund AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Verbund AG  (LTS:0NR1) 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.


Verbund AG Cyclically Adjusted PB Ratio Related Terms


Verbund AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Verbund 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.

Verbund AG Cyclically Adjusted PB Ratio Chart

Verbund 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 5.48 3.83 3.65 2.88 2.32

Verbund 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 2.58 2.47 2.39 2.50 2.08

Verbund AG Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Verbund 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.


Verbund AG Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0NR1
70GF Score
Verbund AG LTS:0NR1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Verbund 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.

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

For example, Verbund 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)
=30.324/142.7100*142.7100
=30.324

Current CPI (Jun. 2026) = 142.7100.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.960 101.192 22.508
201612 15.916 102.092 22.248
201703 16.382 102.592 22.788
201706 16.193 102.991 22.438
201709 16.380 103.591 22.565
201712 16.380 104.291 22.414
201803 16.883 104.491 23.058
201806 16.489 105.091 22.391
201809 16.386 105.691 22.125
201812 17.101 106.291 22.960
201903 18.115 106.391 24.299
201906 17.949 106.791 23.986
201909 18.372 106.991 24.505
201912 18.905 108.091 24.960
202003 19.701 108.024 26.027
202006 19.066 107.915 25.213
202009 19.540 108.348 25.737
202012 19.594 109.321 25.578
202103 20.055 110.186 25.975
202106 19.853 110.943 25.538
202109 19.089 111.916 24.341
202112 18.315 113.971 22.933
202203 17.537 117.647 21.273
202206 15.340 120.567 18.157
202209 14.479 123.811 16.689
202212 23.957 125.541 27.233
202303 28.692 128.460 31.875
202306 27.115 130.191 29.722
202309 30.028 131.272 32.644
202312 32.298 132.570 34.769
202403 34.580 133.759 36.894
202406 29.398 134.083 31.289
202409 30.780 133.651 32.866
202412 31.849 135.273 33.600
202503 33.238 137.760 34.432
202506 30.668 138.517 31.596
202509 31.783 138.950 32.643
202512 32.616 140.350 33.164
202603 33.131 142.160 33.259
202606 30.324 142.710 30.324

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 Verbund AG (LTS:0NR1) Overvalued in 2026?

Based on GuruFocus' analysis, Verbund AG stock appears to be overvalued. The current stock price of €62.20 is trading 8.9% above its estimated GF Value™ of €57.10. GuruFocus considers Verbund AG to be Fairly Valued.

Key valuation signals for LTS:0NR1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €57.10 vs. price of €62.20 (8.9% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the LTS:0NR1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verbund AG Business Description

Address Am Hof 6a, Vienna, AUT, 1010
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.
70GF Score

Get the complete analysis for LTS:0NR1

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

€62.20
Price
€57.10
GF Value