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Valneva SE (LTS:0OB3) Cyclically Adjusted PB Ratio : 1.97 (As of May. 01, 2025)


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What is Valneva SE Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Valneva SE's current share price is €2.8748. Valneva SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €1.46. Valneva SE's Cyclically Adjusted PB Ratio for today is 1.97.

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

LTS:0OB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.15   Max: 14.5
Current: 1.92

During the past years, Valneva SE's highest Cyclically Adjusted PB Ratio was 14.50. The lowest was 1.18. And the median was 3.15.

LTS:0OB3's Cyclically Adjusted PB Ratio is ranked worse than
58.66% of 670 companies
in the Biotechnology industry
Industry Median: 1.47 vs LTS:0OB3: 1.92

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.

Valneva SE's adjusted book value per share data for the three months ended in Dec. 2024 was €1.116. 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 €1.46 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valneva SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Valneva SE'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.

Valneva SE Cyclically Adjusted PB Ratio Chart

Valneva SE 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 4.48 14.50 3.57 2.90 1.43

Valneva SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.90 2.28 2.04 1.74 1.43

Competitive Comparison of Valneva SE's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Valneva SE'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.


Valneva SE's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Valneva SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Valneva SE 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.

Valneva SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.8748/1.46
=1.97

* 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.

Valneva SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.116/119.9500*119.9500
=1.116

Current CPI (Dec. 2024) = 119.9500.

Valneva SE Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.124 100.170 2.543
201506 2.024 100.440 2.417
201509 1.944 99.950 2.333
201512 1.932 100.040 2.317
201603 1.871 100.020 2.244
201606 1.346 100.630 1.604
201609 1.260 100.340 1.506
201612 1.272 100.650 1.516
201703 1.265 101.170 1.500
201706 1.248 101.320 1.477
201709 1.224 101.330 1.449
201712 1.197 101.850 1.410
201803 1.205 102.750 1.407
201806 1.169 103.370 1.357
201809 1.141 103.560 1.322
201812 1.575 103.470 1.826
201903 1.514 103.890 1.748
201906 1.432 104.580 1.642
201909 1.431 104.500 1.643
201912 1.488 104.980 1.700
202003 1.448 104.590 1.661
202006 1.222 104.790 1.399
202009 0.844 104.550 0.968
202012 0.853 104.960 0.975
202103 0.571 105.750 0.648
202106 0.773 106.340 0.872
202109 0.000 106.810 0.000
202112 1.624 107.850 1.806
202203 0.000 110.490 0.000
202206 0.796 112.550 0.848
202209 1.406 112.740 1.496
202212 1.589 114.160 1.670
202303 1.482 116.790 1.522
202306 1.374 117.650 1.401
202309 1.135 118.260 1.151
202312 0.924 118.390 0.936
202403 1.360 119.470 1.365
202406 1.195 120.200 1.193
202409 1.341 119.560 1.345
202412 1.116 119.950 1.116

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.


Valneva SE  (LTS:0OB3) 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.


Valneva SE Cyclically Adjusted PB Ratio Related Terms

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


Valneva SE Business Description

Industry
Address
6 Rue Alain Bombard, Saint-Herblain, FRA, 44800
Valneva SE is a vaccine company focused on developing life-saving vaccines. Its portfolio includes three vaccines for travelers. The segments of the group are Commercialized vaccines which relate to marketed vaccines, the group's vaccines IXIARO/JESPECT, DUKORAL, IXCHIQ; Covid includes development, manufacturing, & distribution related to the COVID-19 vaccine, Vaccine candidates which relate to research and development programs to generate new approvable products to generate future cash flows from product sales through partnering with pharmaceutical companies; & Technologies and services which relate to services and inventions at a commercialization stage. The company generates majority of its revenue from product sales.

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