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Valmont Industries (FRA:VI1) Cyclically Adjusted PB Ratio : 3.38 (As of Apr. 28, 2024)


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What is Valmont Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Valmont Industries's current share price is €195.00. Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €57.73. Valmont Industries's Cyclically Adjusted PB Ratio for today is 3.38.

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

FRA:VI1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.63   Max: 5.89
Current: 3.3

During the past years, Valmont Industries's highest Cyclically Adjusted PB Ratio was 5.89. The lowest was 1.85. And the median was 3.63.

FRA:VI1's Cyclically Adjusted PB Ratio is ranked worse than
86.78% of 416 companies
in the Conglomerates industry
Industry Median: 0.92 vs FRA:VI1: 3.30

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.

Valmont Industries's adjusted book value per share data for the three months ended in Dec. 2023 was €61.452. 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 €57.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valmont Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Cyclically Adjusted PB Ratio Chart

Valmont Industries 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 3.02 3.37 4.39 5.37 3.67

Valmont Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.37 5.09 4.58 3.75 3.67

Competitive Comparison of Valmont Industries's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Valmont Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Valmont Industries 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.

Valmont Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=195.00/57.73
=3.38

* 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.

Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Valmont Industries's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=61.452/129.4194*129.4194
=61.452

Current CPI (Dec. 2023) = 129.4194.

Valmont Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 42.806 99.695 55.569
201406 43.413 100.560 55.872
201409 37.885 100.428 48.822
201412 40.228 99.070 52.552
201503 41.870 99.621 54.394
201506 40.196 100.684 51.668
201509 37.500 100.392 48.343
201512 36.887 99.792 47.838
201603 36.579 100.470 47.119
201606 37.227 101.688 47.379
201609 37.547 101.861 47.705
201612 39.715 101.863 50.459
201703 41.523 102.862 52.244
201706 41.926 103.349 52.502
201709 41.328 104.136 51.362
201712 41.437 104.011 51.559
201803 40.928 105.290 50.308
201806 41.951 106.317 51.067
201809 39.925 106.507 48.514
201812 42.443 105.998 51.821
201903 43.478 107.251 52.465
201906 43.619 108.070 52.236
201909 44.957 108.329 53.709
201912 47.805 108.420 57.064
202003 46.080 108.902 54.762
202006 46.842 108.767 55.736
202009 45.809 109.815 53.987
202012 45.779 109.897 53.911
202103 48.473 111.754 56.135
202106 50.626 114.631 57.157
202109 52.787 115.734 59.029
202112 57.676 117.630 63.457
202203 62.982 121.301 67.197
202206 66.166 125.017 68.496
202209 71.798 125.227 74.202
202212 69.897 125.222 72.240
202303 67.374 127.348 68.470
202306 69.699 128.729 70.073
202309 65.907 129.860 65.684
202312 61.452 129.419 61.452

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.


Valmont Industries  (FRA:VI1) 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.


Valmont Industries Cyclically Adjusted PB Ratio Related Terms

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


Valmont Industries (FRA:VI1) Business Description

Traded in Other Exchanges
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.

Valmont Industries (FRA:VI1) Headlines

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