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VEON (LTS:0RO7) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2025)


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What is VEON Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


VEON Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VEON'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.

VEON Cyclically Adjusted PB Ratio Chart

VEON 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 0.35 0.48 0.16 0.28 -

VEON Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 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 - 0.28 0.39 - -

Competitive Comparison of VEON's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, VEON'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.


VEON's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, VEON's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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VEON 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.

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

For example, VEON'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)
=0.594/133.1571*133.1571
=0.594

Current CPI (Dec. 2024) = 133.1571.

VEON Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.484 99.695 4.653
201406 3.611 100.560 4.782
201409 3.492 100.428 4.630
201412 2.322 99.070 3.121
201503 2.903 99.621 3.880
201506 3.006 100.684 3.976
201509 2.171 100.392 2.880
201512 1.976 99.792 2.637
201603 2.077 100.470 2.753
201606 2.221 101.688 2.908
201609 2.434 101.861 3.182
201612 3.230 101.863 4.222
201703 3.058 102.862 3.959
201706 2.725 103.349 3.511
201709 2.307 104.136 2.950
201712 2.092 104.011 2.678
201803 1.863 105.290 2.356
201806 1.737 106.317 2.176
201809 1.918 106.507 2.398
201812 1.844 105.998 2.316
201903 1.990 107.251 2.471
201906 2.024 108.070 2.494
201909 0.643 108.329 0.790
201912 0.631 108.420 0.775
202003 0.281 108.902 0.344
202006 0.412 108.767 0.504
202009 -0.012 109.815 -0.015
202012 0.077 109.897 0.093
202103 0.143 111.754 0.170
202106 0.190 114.631 0.221
202109 0.184 115.734 0.212
202112 0.295 117.630 0.334
202206 0.320 125.017 0.341
202212 0.306 125.222 0.325
202306 0.412 128.729 0.426
202309 0.000 129.860 0.000
202312 0.448 129.419 0.461
202406 0.479 132.554 0.481
202409 0.000 133.029 0.000
202412 0.594 133.157 0.594

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.


VEON  (LTS:0RO7) 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.


VEON Cyclically Adjusted PB Ratio Related Terms

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


VEON Business Description

Traded in Other Exchanges
Address
Index Tower, DIFC, Unit 1703, Dubai, ARE
VEON Ltd is a United Arab Emirates-based digital operator providing connectivity and Internet services to corporations and individuals. The company offers mobile and fixed-line telecommunications services through a range of traditional and broadband mobile technologies. The company's reportable segments consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. It provides its services under the Beeline, Kyivstar, Banglalink, and Jazz brands. It generates the majority of its revenue from Pakistan.

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