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Velcan Holdings (LUX:VLCN) Cyclically Adjusted PB Ratio : 0.69 (As of May. 25, 2025)


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What is Velcan Holdings Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Velcan Holdings's current share price is €18.00. Velcan Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €25.93. Velcan Holdings's Cyclically Adjusted PB Ratio for today is 0.69.

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

LUX:VLCN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.45   Max: 0.71
Current: 0.69

During the past 13 years, Velcan Holdings's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.23. And the median was 0.45.

LUX:VLCN's Cyclically Adjusted PB Ratio is ranked better than
64.66% of 266 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.075 vs LUX:VLCN: 0.69

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.

Velcan Holdings's adjusted book value per share data of for the fiscal year that ended in Dec24 was €29.186. 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 €25.93 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Velcan Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Velcan Holdings'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.

Velcan Holdings Cyclically Adjusted PB Ratio Chart

Velcan Holdings 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 0.32 0.41 0.43 0.50 0.61

Velcan Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.43 - 0.50 - 0.61

Competitive Comparison of Velcan Holdings's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Velcan Holdings'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.


Velcan Holdings's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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


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Velcan Holdings 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.

Velcan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/25.93
=0.69

* 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.

Velcan Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Velcan Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=29.186/122.4300*122.4300
=29.186

Current CPI (Dec24) = 122.4300.

Velcan Holdings Annual Data

Book Value per Share CPI Adj_Book
201512 21.826 99.910 26.746
201612 22.165 101.040 26.857
201712 19.719 102.410 23.574
201812 20.336 104.320 23.866
201912 20.766 106.080 23.967
202012 22.111 106.670 25.378
202112 23.428 111.090 25.820
202212 26.065 117.060 27.261
202312 26.393 121.170 26.667
202412 29.186 122.430 29.186

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.


Velcan Holdings  (LUX:VLCN) 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.


Velcan Holdings Cyclically Adjusted PB Ratio Related Terms

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


Velcan Holdings Business Description

Traded in Other Exchanges
N/A
Address
11 Avenue Guillaume, Luxembourg, LUX, L-1651
Velcan Holdings manages a global portfolio of investments. The assets of the group are deployed in listed and unlisted financial investments, minority private equity participations, commodities, bonds, cash and cash equivalents (bank current accounts and deposits), and a 15 MW hydropower plant in Brazil.