Villeroy & Boch AG (XTER:VIB3) Cyclically Adjusted PB Ratio: 1.33 (As of Jul. 26, 2026) — 28% Below Median

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XTER:VIB3 Villeroy & Boch AG XTER:VIB3
73 GF Score
Price €15.70
GF Value €16.70
Valuation Fairly Valued
! 8 Warning Signs
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What is Villeroy & Boch AG Cyclically Adjusted PB Ratio?

Villeroy & Boch AG XTER:VIB3 73 Cyclically Adjusted PB Ratio is 1.33 as of Jul. 26, 2026, which is 28% below its 10-year median of 1.85. GuruFocus rates XTER:VIB3 with a GF Score™ of 73/100 and a GF Value™ of €16.70 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,359 Construction companies, Villeroy & Boch AG ranks worse than 54.97% on this metric.

As of today (2026-07-26), Villeroy & Boch AG's current share price is €15.70. Villeroy & Boch AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.80. Villeroy & Boch AG's Cyclically Adjusted PB Ratio for today is 1.33.

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

XTER:VIB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.85   Max: 3.28
Current: 1.33

During the past years, Villeroy & Boch AG's highest Cyclically Adjusted PB Ratio was 3.28. The lowest was 1.31. And the median was 1.85.

XTER:VIB3's Cyclically Adjusted PB Ratio is ranked worse than
54.97% of 1359 companies
in the Construction industry
Industry Median: 1.16 vs XTER:VIB3: 1.33

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.

Villeroy & Boch AG's adjusted book value per share data for the three months ended in Mar. 2026 was €13.738. 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 €11.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Villeroy & Boch AG  (XTER:VIB3) 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.


Villeroy & Boch AG Cyclically Adjusted PB Ratio Related Terms


Villeroy & Boch AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Villeroy & Boch 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.

Villeroy & Boch AG Cyclically Adjusted PB Ratio Chart

Villeroy & Boch 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 3.04 1.92 1.83 1.41 1.43

Villeroy & Boch AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.59 1.63 1.41 1.43 1.45

XTER:VIB3 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Villeroy & Boch 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.


Villeroy & Boch AG Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Villeroy & Boch AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:VIB3
73GF Score
Villeroy & Boch AG XTER:VIB3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Villeroy & Boch 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.

Villeroy & Boch AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.70/11.80
=1.33

* 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.

Villeroy & Boch AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Villeroy & Boch AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.738/131.2583*131.2583
=13.738

Current CPI (Mar. 2026) = 131.2583.

Villeroy & Boch AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.135 100.717 7.995
201609 5.722 101.017 7.435
201612 6.532 101.217 8.471
201703 6.252 101.417 8.092
201706 6.430 102.117 8.265
201709 6.548 102.717 8.367
201712 7.165 102.617 9.165
201803 6.816 102.917 8.693
201806 6.839 104.017 8.630
201809 7.100 104.718 8.900
201812 7.744 104.217 9.753
201903 7.812 104.217 9.839
201906 7.354 105.718 9.131
201909 7.324 106.018 9.068
201912 9.444 105.818 11.715
202003 9.070 105.718 11.261
202006 8.668 106.618 10.671
202009 8.982 105.818 11.141
202012 9.350 105.518 11.631
202103 9.160 107.518 11.183
202106 9.751 108.486 11.798
202109 10.237 109.435 12.278
202112 11.465 110.384 13.633
202203 12.471 113.968 14.363
202206 12.493 115.760 14.166
202209 13.351 118.818 14.749
202212 13.933 119.345 15.324
202303 14.500 122.402 15.549
202306 13.703 123.140 14.606
202309 14.142 124.195 14.946
202312 14.493 123.773 15.369
202403 14.696 125.038 15.427
202406 13.565 125.882 14.144
202409 13.493 126.198 14.034
202412 13.677 127.041 14.131
202503 13.857 127.779 14.234
202506 12.885 128.412 13.171
202509 12.875 129.255 13.075
202512 13.540 129.361 13.739
202603 13.738 131.258 13.738

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.

What does a Cyclically Adjusted PB Ratio of 1.33 mean?
Villeroy & Boch AG (XTER:VIB3) has a Cyclically Adjusted PB Ratio of 1.33 as of Jul. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Villeroy & Boch AG and its competitors. This is 28% below median its historical median of 1.85. Over the past decade, Villeroy & Boch AG's Cyclically Adjusted PB Ratio has ranged from 1.31 to 3.28. According to the industry distribution chart, Villeroy & Boch AG ranks #747 out of 1359 companies in the Construction industry, placing it in the top 55%.
Is Villeroy & Boch AG's Cyclically Adjusted PB Ratio too high?
Villeroy & Boch AG's current Cyclically Adjusted PB Ratio of 1.33 is 28% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 3.28. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Villeroy & Boch AG's value of 1.33 is 14.7% above this industry median. Based on the distribution chart, Villeroy & Boch AG ranks #747 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Villeroy & Boch AG has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Villeroy & Boch AG's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Villeroy & Boch AG ranks #747 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Villeroy & Boch AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Villeroy & Boch AG's value of 1.33 is 14.7% above this benchmark. Historically, Villeroy & Boch AG's own Cyclically Adjusted PB Ratio has ranged from 1.31 to 3.28 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.16, Villeroy & Boch AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Villeroy & Boch AG's current Cyclically Adjusted PB Ratio of 1.33 is 14.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Villeroy & Boch AG and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Villeroy & Boch AG's current Cyclically Adjusted PB Ratio is 1.33, which is 28% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Villeroy & Boch AG stock overvalued right now?
Based on GuruFocus' analysis, Villeroy & Boch AG (XTER:VIB3) is currently considered Fairly Valued. The stock's GF Value™ is €16.70, compared to a current price of €15.70 — trading 6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is 28% below median its 10-year median of 1.85 and 14.7% above the Construction industry median of 1.16. Villeroy & Boch AG's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Villeroy & Boch AG (XTER:VIB3), the current Cyclically Adjusted PB Ratio is 1.33 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Villeroy & Boch AG (XTER:VIB3) Overvalued in 2026?

Based on GuruFocus' analysis, Villeroy & Boch AG stock appears to be undervalued. The current stock price of €15.70 is trading 6% below its estimated GF Value™ of €16.70. GuruFocus considers Villeroy & Boch AG to be Fairly Valued.

Key valuation signals for XTER:VIB3:

  • Cyclically Adjusted PB Ratio: 1.33 (28% below median its 10-year median of 1.85)
  • GF Value™: €16.70 vs. price of €15.70 (6% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 14.7% above the Construction median (#747 of 1359)

No single metric tells the full story. See the XTER:VIB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Villeroy & Boch AG Business Description

Other Exchanges 0OPA:UKVIB3:Austria
Address Saaruferstrasse 1-3, Mettlach, DEU, 66693
Villeroy & Boch AG is a manufacturer of home furnishing products based in Germany. The firm's activities are broadly categorized into two segments. The Bathroom and Wellness Division produces a variety of items, including ceramic sanitary ware, ceramic kitchen sinks, bathroom furniture, shower tubs, whirlpools, as well as bath and kitchen fittings and accessories. This division also offers shower toilets, installation systems, outdoor whirlpools, and a range of accessories. Meanwhile, the Dining & Lifestyle Division provides an extensive selection of tableware, glassware, and cutlery designed for stylish dining, along with home accessories, gifts, and convenience-oriented products made from porcelain. The majority of the firm's revenue comes from the Bathroom and Wellness Division.
73GF Score

Get the complete analysis for XTER:VIB3

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

€15.70
Price
€16.70
GF Value