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Voyageurs du Monde (XPAR:ALVDM) Cyclically Adjusted PB Ratio : 4.81 (As of Jun. 16, 2024)


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What is Voyageurs du Monde Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Voyageurs du Monde's current share price is €143.60. Voyageurs du Monde's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €29.85. Voyageurs du Monde's Cyclically Adjusted PB Ratio for today is 4.81.

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

XPAR:ALVDM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 4.74   Max: 9.64
Current: 4.81

During the past 13 years, Voyageurs du Monde's highest Cyclically Adjusted PB Ratio was 9.64. The lowest was 2.47. And the median was 4.74.

XPAR:ALVDM's Cyclically Adjusted PB Ratio is ranked worse than
86.63% of 621 companies
in the Travel & Leisure industry
Industry Median: 1.36 vs XPAR:ALVDM: 4.81

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.

Voyageurs du Monde's adjusted book value per share data of for the fiscal year that ended in Dec23 was €48.252. 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 €29.85 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voyageurs du Monde Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Voyageurs du Monde'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.

Voyageurs du Monde Cyclically Adjusted PB Ratio Chart

Voyageurs du Monde 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 6.28 4.56 3.64 3.38 4.32

Voyageurs du Monde Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 3.64 - 3.38 -

Competitive Comparison of Voyageurs du Monde's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Voyageurs du Monde'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.


Voyageurs du Monde's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Voyageurs du Monde's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Voyageurs du Monde's Cyclically Adjusted PB Ratio falls into.



Voyageurs du Monde 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.

Voyageurs du Monde's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=143.60/29.85
=4.81

* 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.

Voyageurs du Monde's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Voyageurs du Monde's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=48.252/118.3900*118.3900
=48.252

Current CPI (Dec23) = 118.3900.

Voyageurs du Monde Annual Data

Book Value per Share CPI Adj_Book
201412 15.489 99.860 18.363
201512 17.161 100.040 20.309
201612 19.767 100.650 23.251
201712 23.423 101.850 27.227
201812 27.069 103.470 30.972
201912 30.353 104.980 34.230
202012 26.186 104.960 29.537
202112 26.768 107.850 29.384
202212 35.652 114.160 36.973
202312 48.252 118.390 48.252

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.


Voyageurs du Monde  (XPAR:ALVDM) 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.


Voyageurs du Monde Cyclically Adjusted PB Ratio Related Terms

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


Voyageurs du Monde (XPAR:ALVDM) Business Description

Traded in Other Exchanges
N/A
Address
55 rue Sainte Anne, Paris, FRA, 75002
Voyageurs du Monde SA is engaged in providing travel services in France and internationally. It organizes individual personalized trips, honeymoons, family holidays, romantic weekend trips, world, and guided tours, cruise tours, and adventure and diving trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece among other destinations.

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