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Verbund AG (WBO:VER) Cyclically Adjusted PB Ratio : 3.77 (As of May. 14, 2024)


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What is Verbund AG Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Verbund AG's current share price is €75.00. Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.92. Verbund AG's Cyclically Adjusted PB Ratio for today is 3.77.

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

WBO:VER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.44   Max: 6.39
Current: 3.58

During the past years, Verbund AG's highest Cyclically Adjusted PB Ratio was 6.39. The lowest was 1.18. And the median was 3.44.

WBO:VER's Cyclically Adjusted PB Ratio is ranked worse than
85.38% of 260 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs WBO:VER: 3.58

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.

Verbund AG's adjusted book value per share data for the three months ended in Mar. 2024 was €30.746. 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 €19.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verbund AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verbund 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.

* Premium members only.

Verbund AG Cyclically Adjusted PB Ratio Chart

Verbund AG 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 4.52 6.04 4.39 4.28

Verbund AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.31 3.88 4.00 4.28 3.40

Competitive Comparison of Verbund AG's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Verbund 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.


Verbund AG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Verbund 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.

Verbund AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.00/19.92
=3.77

* 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.

Verbund AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Verbund AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.746/132.0288*132.0288
=30.746

Current CPI (Mar. 2024) = 132.0288.

Verbund AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.418 99.496 17.805
201409 13.360 99.586 17.712
201412 13.497 99.676 17.878
201503 13.703 99.992 18.093
201506 13.710 100.492 18.013
201509 13.847 100.292 18.229
201512 13.750 100.692 18.029
201603 14.404 100.692 18.887
201606 13.984 101.092 18.264
201609 14.353 101.192 18.727
201612 14.051 102.092 18.171
201703 14.743 102.592 18.973
201706 14.591 102.991 18.705
201709 14.735 103.591 18.780
201712 14.576 104.291 18.453
201803 15.048 104.491 19.014
201806 14.706 105.091 18.476
201809 14.595 105.691 18.232
201812 15.271 106.291 18.969
201903 16.224 106.391 20.134
201906 16.095 106.791 19.899
201909 16.461 106.991 20.313
201912 16.947 108.091 20.700
202003 17.687 108.024 21.617
202006 17.124 107.915 20.950
202009 17.520 108.348 21.349
202012 17.706 109.321 21.384
202103 17.925 110.186 21.478
202106 17.226 110.943 20.500
202109 16.321 111.916 19.254
202112 15.721 113.971 18.212
202203 14.789 117.647 16.597
202206 12.666 120.567 13.870
202209 11.629 123.811 12.401
202212 20.943 125.541 22.025
202303 25.354 128.461 26.058
202306 24.099 130.191 24.439
202309 26.614 131.272 26.767
202312 28.695 132.029 28.695
202403 30.746 132.029 30.746

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.


Verbund AG  (WBO:VER) 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.


Verbund AG Cyclically Adjusted PB Ratio Related Terms

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


Verbund AG (WBO:VER) Business Description

Address
Am Hof 6a, Vienna, AUT, 1010
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.
Executives
Dr. Susanna Zapreva-hennerbichler Board of Directors
Mag. Dr. Achim Kaspar Board of Directors
Dr. Peter F. Kollmann Board of Directors
Mag. Dr. Mba Michael Strugl Board of Directors