Verbund AG (MIL:1VER) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 05, 2026) — 29% Below Median

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MIL:1VER Verbund AG MIL:1VER
70 GF Score
Price €58.55
GF Value €57.77
! 5 Warning Signs
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What is Verbund AG Cyclically Adjusted PB Ratio?

Verbund AG MIL:1VER 70 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 05, 2026, which is 29% below its 10-year median of 3.32. GuruFocus rates MIL:1VER with a GF Score™ of 70/100 and a GF Value™ of €57.77. The stock has 5 warning signs investors should review. Among 277 Utilities - Independent Power Producers companies, Verbund AG ranks worse than 79.06% on this metric.

As of today (2026-08-05), Verbund AG's current share price is €58.55. Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €24.96. Verbund AG's Cyclically Adjusted PB Ratio for today is 2.35.

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

MIL:1VER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.32   Max: 6.39
Current: 2.48

During the past years, Verbund AG's highest Cyclically Adjusted PB Ratio was 6.39. The lowest was 1.18. And the median was 3.32.

MIL:1VER's Cyclically Adjusted PB Ratio is ranked worse than
79.06% of 277 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs MIL:1VER: 2.48

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.

Verbund AG's adjusted book value per share data for the three months ended in Jun. 2026 was €27.832. 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 €24.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verbund AG  (MIL:1VER) 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 6.04 4.39 4.26 3.31 2.70

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 2.94 2.76 2.70 2.79 2.35

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.


MIL:1VER
70GF Score
Verbund AG MIL:1VER
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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.55/24.96
=2.35

* 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'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)
=27.832/142.1600*142.1600
=27.832

Current CPI (Jun. 2026) = 142.1600.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.353 101.192 20.164
201612 14.051 102.092 19.566
201703 14.743 102.592 20.429
201706 14.591 102.991 20.140
201709 14.735 103.591 20.221
201712 14.576 104.291 19.869
201803 15.048 104.491 20.473
201806 14.706 105.091 19.893
201809 14.595 105.691 19.631
201812 15.271 106.291 20.424
201903 16.224 106.391 21.679
201906 16.095 106.791 21.426
201909 16.461 106.991 21.872
201912 16.947 108.091 22.288
202003 17.687 108.024 23.276
202006 17.124 107.915 22.558
202009 17.520 108.348 22.987
202012 17.706 109.321 23.025
202103 17.925 110.186 23.126
202106 17.226 110.943 22.073
202109 16.321 111.916 20.732
202112 15.721 113.971 19.609
202203 14.789 117.647 17.870
202206 12.666 120.567 14.934
202209 11.629 123.811 13.352
202212 20.943 125.541 23.715
202303 25.354 128.460 28.058
202306 24.099 130.191 26.315
202309 26.614 131.272 28.821
202312 28.695 132.570 30.771
202403 30.746 133.759 32.677
202406 26.743 134.083 28.354
202409 27.886 133.651 29.661
202412 28.719 135.273 30.181
202503 29.971 137.760 30.928
202506 28.121 138.517 28.861
202509 29.025 138.950 29.696
202512 29.765 140.350 30.149
202603 30.179 142.160 30.179
202606 27.832 142.160 27.832

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.

What does a Cyclically Adjusted PB Ratio of 2.35 mean?
Verbund AG (MIL:1VER) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Verbund AG and its competitors. This is 29% below median its historical median of 3.32. Over the past decade, Verbund AG's Cyclically Adjusted PB Ratio has ranged from 1.18 to 6.39. According to the industry distribution chart, Verbund AG ranks #219 out of 277 companies in the Utilities - Independent Power Producers industry, placing it in the top 79.1%.
Is Verbund AG's Cyclically Adjusted PB Ratio too high?
Verbund AG's current Cyclically Adjusted PB Ratio of 2.35 is 29% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 6.39. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.08. Verbund AG's value of 2.35 is 117.6% above this industry median. Based on the distribution chart, Verbund AG ranks #219 out of 277 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Verbund AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Verbund AG's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Verbund AG ranks #219 out of 277 companies for Cyclically Adjusted PB Ratio. This places Verbund AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Verbund AG's value of 2.35 is 117.6% above this benchmark. Historically, Verbund AG's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 6.39 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 1.08, Verbund AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.08, based on 277 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verbund AG's current Cyclically Adjusted PB Ratio of 2.35 is 117.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Verbund AG and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verbund AG's current Cyclically Adjusted PB Ratio is 2.35, which is 29% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verbund AG stock overvalued right now?
Verbund AG (MIL:1VER) has a current Cyclically Adjusted PB Ratio of 2.35. The stock's GF Value™ is €57.77, compared to a current price of €58.55 — trading 1.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 29% below median its 10-year median of 3.32 and 117.6% above the Utilities - Independent Power Producers industry median of 1.08. Verbund AG's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Verbund AG (MIL:1VER), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Verbund AG (MIL:1VER) Overvalued in 2026?

Based on GuruFocus' analysis, Verbund AG stock appears to be overvalued. The current stock price of €58.55 is trading 1.4% above its estimated GF Value™ of €57.77.

Key valuation signals for MIL:1VER:

  • Cyclically Adjusted PB Ratio: 2.35 (29% below median its 10-year median of 3.32)
  • GF Value™: €57.77 vs. price of €58.55 (1.4% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 117.6% above the Utilities - Independent Power Producers median (#219 of 277)

No single metric tells the full story. See the MIL:1VER 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

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

€58.55
Price
€57.77
GF Value