VIBVY (VIB Vermoegen AG) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VIBVY VIB Vermoegen AG VIBVY
66 GF Score
Price $33.35
GF Value $116.55
! 6 Warning Signs
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What is VIB Vermoegen AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VIB Vermoegen AG  (OTCPK:VIBVY) 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.


VIB Vermoegen AG Cyclically Adjusted PB Ratio Related Terms


VIB Vermoegen AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VIB Vermoegen 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.

VIB Vermoegen AG Cyclically Adjusted PB Ratio Chart

VIB Vermoegen 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 1.50 1.37 1.30 1.23 1.15

VIB Vermoegen AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.26 1.24 1.20 1.16 1.11

VIBVY vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, VIB Vermoegen 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.


VIB Vermoegen AG Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, VIB Vermoegen AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VIBVY
66GF Score
VIB Vermoegen AG VIBVY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VIB Vermoegen 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.

VIB Vermoegen AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, VIB Vermoegen AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=36.972/129.3606*129.3606
=36.972

Current CPI (Dec25) = 129.3606.

VIB Vermoegen AG Annual Data

Book Value per Share CPI Adj_Book
201612 16.962 101.217 21.678
201712 21.045 102.617 26.530
201812 21.868 104.217 27.144
201912 23.496 105.818 28.724
202012 27.735 105.518 34.002
202112 24.607 110.384 28.837
202212 24.046 119.345 26.064
202312 29.299 123.773 30.622
202412 29.196 127.041 29.729
202512 36.972 129.361 36.972

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.

Is VIB Vermoegen AG (VIBVY) Overvalued in 2026?

Based on GuruFocus' analysis, VIB Vermoegen AG stock appears to be undervalued. The current stock price of $33.35 is trading 71.4% below its estimated GF Value™ of $116.55.

Key valuation signals for VIBVY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $116.55 vs. price of $33.35 (71.4% below fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the VIBVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIB Vermoegen AG Business Description

Other Exchanges 0AC3:UKVIH1:Germany
Address Tilly-Park 1, Neuburg an der Donau, BY, DEU, 86633
VIB Vermoegen AG is a real estate holding company which is engaged in the development, acquisition, and management of commercial real estate properties. The real estate portfolio of company includes logistics properties, industrial real estate, shopping centers and retail parks, as well as commercial and service centers. Its segment are Rental and Management of Real Estate Assets and Management of Properties of Institutional Investors.
66GF Score

Get the complete analysis for VIBVY

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

$33.35
Price
$116.55
GF Value