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Valvoline (FRA:0V4) Cyclically Adjusted PB Ratio : 73.21 (As of May. 17, 2024)


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What is Valvoline Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Valvoline's current share price is €38.80. Valvoline's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was €0.53. Valvoline's Cyclically Adjusted PB Ratio for today is 73.21.

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

FRA:0V4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 53.5   Med: 62.71   Max: 75.37
Current: 75.37

During the past 11 years, Valvoline's highest Cyclically Adjusted PB Ratio was 75.37. The lowest was 53.50. And the median was 62.71.

FRA:0V4's Cyclically Adjusted PB Ratio is ranked worse than
99.63% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs FRA:0V4: 75.37

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.

Valvoline's adjusted book value per share data of for the fiscal year that ended in Sep23 was €1.412. 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 €0.53 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valvoline Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Valvoline'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.

Valvoline Cyclically Adjusted PB Ratio Chart

Valvoline Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 57.72 57.53

Valvoline 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 - - 57.53 - -

Competitive Comparison of Valvoline's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Valvoline'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.


Valvoline's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valvoline's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Valvoline 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.80/0.53
=73.21

* 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.

Valvoline's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Valvoline's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.412/129.8595*129.8595
=1.412

Current CPI (Sep23) = 129.8595.

Valvoline Annual Data

Book Value per Share CPI Adj_Book
201409 2.812 100.428 3.636
201509 2.749 100.392 3.556
201609 -1.434 101.861 -1.828
201709 -0.484 104.136 -0.604
201809 -1.632 106.507 -1.990
201909 -1.246 108.329 -1.494
202009 -0.349 109.815 -0.413
202109 0.635 115.734 0.713
202209 1.758 125.227 1.823
202309 1.412 129.860 1.412

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.


Valvoline  (FRA:0V4) 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.


Valvoline Cyclically Adjusted PB Ratio Related Terms

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


Valvoline (FRA:0V4) Business Description

Industry
Traded in Other Exchanges
Address
100 Valvoline Way, Suite 100, Lexington, KY, USA, 40509
Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.

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