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Vestas Wind Systems AS (MEX:VWS N) Cyclically Adjusted PB Ratio : 3.49 (As of Jun. 25, 2025)


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What is Vestas Wind Systems AS Cyclically Adjusted PB Ratio?

As of today (2025-06-25), Vestas Wind Systems AS's current share price is MXN286.68. Vestas Wind Systems AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN82.21. Vestas Wind Systems AS's Cyclically Adjusted PB Ratio for today is 3.49.

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

MEX:VWS N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.16   Med: 6.75   Max: 15.68
Current: 3.8

During the past years, Vestas Wind Systems AS's highest Cyclically Adjusted PB Ratio was 15.68. The lowest was 3.16. And the median was 6.75.

MEX:VWS N's Cyclically Adjusted PB Ratio is ranked worse than
72.54% of 2229 companies
in the Industrial Products industry
Industry Median: 2.05 vs MEX:VWS N: 3.80

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.

Vestas Wind Systems AS's adjusted book value per share data for the three months ended in Mar. 2025 was MXN73.577. 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 MXN82.21 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestas Wind Systems AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Cyclically Adjusted PB Ratio Chart

Vestas Wind Systems AS 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 14.47 9.16 8.23 8.34 3.66

Vestas Wind Systems AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.35 6.11 5.56 3.66 3.49

Competitive Comparison of Vestas Wind Systems AS's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Cyclically Adjusted PB Ratio falls into.


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Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=286.68/82.21
=3.49

* 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.

Vestas Wind Systems AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Vestas Wind Systems AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=73.577/120.2000*120.2000
=73.577

Current CPI (Mar. 2025) = 120.2000.

Vestas Wind Systems AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 40.518 100.300 48.557
201509 47.633 100.200 57.141
201512 49.612 99.800 59.753
201603 46.691 100.200 56.011
201606 54.756 100.600 65.424
201609 60.078 100.200 72.070
201612 64.906 100.300 77.784
201703 60.015 101.200 71.283
201706 59.362 101.200 70.507
201709 63.644 101.800 75.147
201712 71.032 101.300 84.285
201803 68.092 101.700 80.478
201806 66.566 102.300 78.213
201809 63.773 102.400 74.859
201812 70.022 102.100 82.435
201903 70.620 102.900 82.493
201906 64.629 102.900 75.495
201909 71.667 102.900 83.716
201912 70.652 102.900 82.530
202003 90.087 103.300 104.825
202006 82.637 103.200 96.250
202009 88.778 103.500 103.103
202012 112.134 103.400 130.353
202103 112.236 104.300 129.346
202106 106.504 105.000 121.922
202109 113.419 105.800 128.856
202112 108.018 106.600 121.799
202203 84.723 109.900 92.663
202206 77.109 113.600 81.589
202209 73.269 116.400 75.661
202212 62.480 115.900 64.798
202303 57.518 117.300 58.940
202306 52.134 116.400 53.836
202309 54.629 117.400 55.932
202312 55.671 116.700 57.341
202403 54.756 118.400 55.588
202406 56.950 118.500 57.767
202409 62.960 118.900 63.648
202412 76.626 118.900 77.464
202503 73.577 120.200 73.577

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.


Vestas Wind Systems AS  (MEX:VWS N) 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.


Vestas Wind Systems AS Cyclically Adjusted PB Ratio Related Terms

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


Vestas Wind Systems AS Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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