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VWSYF (Vestas Wind Systems AS) Cyclically Adjusted PB Ratio : 4.02 (As of May. 30, 2025)


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What is Vestas Wind Systems AS Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Vestas Wind Systems AS's current share price is $15.685. Vestas Wind Systems AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $3.90. Vestas Wind Systems AS's Cyclically Adjusted PB Ratio for today is 4.02.

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

VWSYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.16   Med: 6.75   Max: 15.68
Current: 3.81

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.

VWSYF's Cyclically Adjusted PB Ratio is ranked worse than
74.24% of 2131 companies
in the Industrial Products industry
Industry Median: 1.97 vs VWSYF: 3.81

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 $3.596. 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 $3.90 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
=15.685/3.90
=4.02

* 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)
=3.596/120.2000*120.2000
=3.596

Current CPI (Mar. 2025) = 120.2000.

Vestas Wind Systems AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.582 100.300 3.094
201509 2.819 100.200 3.382
201512 2.885 99.800 3.475
201603 2.712 100.200 3.253
201606 2.961 100.600 3.538
201609 3.107 100.200 3.727
201612 3.148 100.300 3.773
201703 3.187 101.200 3.785
201706 3.284 101.200 3.901
201709 3.507 101.800 4.141
201712 3.617 101.300 4.292
201803 3.748 101.700 4.430
201806 3.388 102.300 3.981
201809 3.409 102.400 4.002
201812 3.566 102.100 4.198
201903 3.641 102.900 4.253
201906 3.365 102.900 3.931
201909 3.630 102.900 4.240
201912 3.746 102.900 4.376
202003 3.842 103.300 4.471
202006 3.580 103.200 4.170
202009 4.019 103.500 4.667
202012 5.637 103.400 6.553
202103 5.491 104.300 6.328
202106 5.350 105.000 6.124
202109 5.516 105.800 6.267
202112 5.266 106.600 5.938
202203 4.255 109.900 4.654
202206 3.833 113.600 4.056
202209 3.643 116.400 3.762
202212 3.205 115.900 3.324
202303 3.191 117.300 3.270
202306 3.041 116.400 3.140
202309 3.136 117.400 3.211
202312 3.280 116.700 3.378
202403 3.299 118.400 3.349
202406 3.109 118.500 3.154
202409 3.197 118.900 3.232
202412 3.674 118.900 3.714
202503 3.596 120.200 3.596

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  (OTCPK:VWSYF) 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.