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Vistra (Vistra) Cyclically Adjusted PB Ratio : 15.78 (As of May. 27, 2024)


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What is Vistra Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Vistra's current share price is $102.10. Vistra's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $6.47. Vistra's Cyclically Adjusted PB Ratio for today is 15.78.

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

VST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.96   Med: 7.04   Max: 15.79
Current: 15.79

During the past 10 years, Vistra's highest Cyclically Adjusted PB Ratio was 15.79. The lowest was 5.96. And the median was 7.04.

VST's Cyclically Adjusted PB Ratio is ranked worse than
97.73% of 264 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs VST: 15.79

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.

Vistra's adjusted book value per share data of for the fiscal year that ended in Dec23 was $8.055. 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 $6.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vistra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vistra'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.

Vistra Cyclically Adjusted PB Ratio Chart

Vistra 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 - - - - 5.96

Vistra 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 - - - 5.96 -

Competitive Comparison of Vistra's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Vistra'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.


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

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

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



Vistra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.10/6.47
=15.78

* 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.

Vistra's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vistra's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=8.055/129.4194*129.4194
=8.055

Current CPI (Dec23) = 129.4194.

Vistra Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 -53.530 99.792 -69.422
201612 15.429 101.863 19.603
201712 14.804 104.011 18.420
201812 15.942 105.998 19.465
201912 16.320 108.420 19.481
202012 17.108 109.897 20.147
202112 13.412 117.630 14.756
202212 7.446 125.222 7.696
202312 8.055 129.419 8.055

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.


Vistra  (NYSE:VST) 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.


Vistra Cyclically Adjusted PB Ratio Related Terms

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


Vistra (Vistra) Business Description

Traded in Other Exchanges
Address
6555 Sierra Drive, Irving, TX, USA, 75039
Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.
Executives
Stephanie Zapata Moore officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Carrie Lee Kirby officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Julie A. Lagacy director C/O RPM INTERNATIONAL INC., 2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
James A Burke officer: See Remarks 24 GREENWAY PLAZA, SUITE 1946, HOUSTON TX 77046
Scott B Helm director C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Brookfield Asset Management Inc. 10 percent owner, other: Director by Deputization BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Scott A Hudson officer: SVP and President Retail C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Stacey H Dore officer: EVP & Chief Strategy Officer 1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Elizabeth Christine Dobry officer: VP and Controller C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Kristopher E. Moldovan officer: EVP and CFO 6555 SIERRA DRIVE, IRVING TX 75039
Brian K Ferraioli director C/O FOSTER WHEELER LTD, PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Curtis A Morgan director, officer: See Remarks 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Bam Partners Trust other: See Remarks 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Stephen J Muscato officer: SVP & Chief Commercial Officer C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039