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VLKPF (Volkswagen AG) Cyclically Adjusted PB Ratio : 0.30 (As of Sep. 21, 2024)


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What is Volkswagen AG Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Volkswagen AG's current share price is $97.00. Volkswagen AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $320.06. Volkswagen AG's Cyclically Adjusted PB Ratio for today is 0.30.

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

VLKPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.84   Max: 1.18
Current: 0.32

During the past years, Volkswagen AG's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.32. And the median was 0.84.

VLKPF's Cyclically Adjusted PB Ratio is ranked better than
90.86% of 810 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs VLKPF: 0.32

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.

Volkswagen AG's adjusted book value per share data for the three months ended in Jun. 2024 was $382.351. 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 $320.06 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Volkswagen 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.

* Premium members only.

Volkswagen AG Cyclically Adjusted PB Ratio Chart

Volkswagen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.76 0.79 0.46 0.40

Volkswagen AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.46 0.40 0.40 0.43 0.37

Competitive Comparison of Volkswagen AG's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Volkswagen 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.


Volkswagen AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Volkswagen 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.

Volkswagen AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=97.00/320.06
=0.30

* 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.

Volkswagen AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Volkswagen AG's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=382.351/125.8815*125.8815
=382.351

Current CPI (Jun. 2024) = 125.8815.

Volkswagen AG Quarterly Data

Book Value per Share CPI Adj_Book
201409 245.983 99.823 310.198
201412 233.247 99.543 294.964
201503 202.620 99.717 255.786
201506 226.375 100.417 283.782
201509 220.359 100.417 276.240
201512 191.356 99.717 241.566
201603 198.493 100.017 249.824
201606 198.755 100.717 248.415
201609 202.916 101.017 252.863
201612 195.041 101.217 242.569
201703 206.569 101.417 256.399
201706 233.660 102.117 288.037
201709 251.128 102.717 307.762
201712 256.965 102.617 315.222
201803 271.730 102.917 332.362
201806 264.779 104.017 320.435
201809 266.062 104.718 319.835
201812 265.789 104.217 321.040
201903 263.767 104.217 318.597
201906 263.456 105.718 313.706
201909 258.700 106.018 307.171
201912 269.925 105.818 321.105
202003 273.482 105.718 325.644
202006 275.235 106.618 324.964
202009 283.748 105.818 337.549
202012 308.323 105.518 367.826
202103 315.210 107.518 369.047
202106 332.265 108.486 385.544
202109 328.408 109.435 377.764
202112 325.595 110.384 371.309
202203 293.047 113.968 323.680
202206 346.477 115.760 376.770
202209 348.541 118.818 369.262
202212 349.468 119.345 368.609
202303 360.661 122.402 370.912
202306 361.335 123.140 369.378
202309 372.248 124.195 377.304
202312 382.203 123.773 388.714
202403 390.226 125.038 392.858
202406 382.351 125.882 382.351

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.


Volkswagen AG  (OTCPK:VLKPF) 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.


Volkswagen AG Cyclically Adjusted PB Ratio Related Terms

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


Volkswagen AG Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Volkswagen AG Headlines

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