GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vetoquinol SA (XPAR:VETO) » Definitions » Cyclically Adjusted PB Ratio

Vetoquinol (XPAR:VETO) Cyclically Adjusted PB Ratio : 1.95 (As of Jun. 03, 2025)


View and export this data going back to 2006. Start your Free Trial

What is Vetoquinol Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Vetoquinol's current share price is €74.30. Vetoquinol's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €38.16. Vetoquinol's Cyclically Adjusted PB Ratio for today is 1.95.

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

XPAR:VETO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.65   Max: 5.84
Current: 1.97

During the past 13 years, Vetoquinol's highest Cyclically Adjusted PB Ratio was 5.84. The lowest was 1.70. And the median was 2.65.

XPAR:VETO's Cyclically Adjusted PB Ratio is ranked worse than
50.51% of 693 companies
in the Drug Manufacturers industry
Industry Median: 1.94 vs XPAR:VETO: 1.97

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.

Vetoquinol's adjusted book value per share data of for the fiscal year that ended in Dec24 was €48.804. 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 €38.16 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vetoquinol Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vetoquinol'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.

Vetoquinol Cyclically Adjusted PB Ratio Chart

Vetoquinol 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 3.19 4.60 2.72 2.88 1.96

Vetoquinol Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.72 - 2.88 - 1.96

Competitive Comparison of Vetoquinol's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Vetoquinol'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.


Vetoquinol's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vetoquinol's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Vetoquinol 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.

Vetoquinol's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.30/38.16
=1.95

* 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.

Vetoquinol's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Vetoquinol's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=48.804/119.9500*119.9500
=48.804

Current CPI (Dec24) = 119.9500.

Vetoquinol Annual Data

Book Value per Share CPI Adj_Book
201512 24.396 100.040 29.251
201612 26.693 100.650 31.811
201712 28.309 101.850 33.340
201812 30.657 103.470 35.540
201912 32.648 104.980 37.304
202012 31.427 104.960 35.915
202112 37.303 107.850 41.488
202212 40.947 114.160 43.024
202312 44.538 118.390 45.125
202412 48.804 119.950 48.804

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.


Vetoquinol  (XPAR:VETO) 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.


Vetoquinol Cyclically Adjusted PB Ratio Related Terms

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


Vetoquinol Business Description

Traded in Other Exchanges
Address
Magny-Vernois, BP 189, Lure cedex, FRA, 70204
Vetoquinol SA operates is a France-based firm serving in the healthcare market. Its focus lies on developing and marketing veterinary drugs mainly in the European region and to a certain extent in America and Asia. Its portfolio of drugs entails anti-infectives, anti- pain inflammatory drugs, cardiovascular and nephrology treatment intended mainly for pets and livestock.

Vetoquinol Headlines

No Headlines