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EVN AG (WBO:EVN) Cyclically Adjusted PB Ratio : 1.02 (As of Jun. 04, 2024)


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What is EVN AG Cyclically Adjusted PB Ratio?

As of today (2024-06-04), EVN AG's current share price is €28.70. EVN AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €28.04. EVN AG's Cyclically Adjusted PB Ratio for today is 1.02.

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

WBO:EVN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.88   Max: 1.4
Current: 1.03

During the past years, EVN AG's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.65. And the median was 0.88.

WBO:EVN's Cyclically Adjusted PB Ratio is ranked better than
63.66% of 454 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs WBO:EVN: 1.03

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.

EVN AG's adjusted book value per share data for the three months ended in Mar. 2024 was €33.142. 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 €28.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EVN AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EVN 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.

EVN AG Cyclically Adjusted PB Ratio Chart

EVN AG 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 0.93 0.80 1.17 0.72 0.94

EVN 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 0.80 0.77 0.94 1.03 0.87

Competitive Comparison of EVN AG's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, EVN 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.


EVN AG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EVN AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EVN 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.70/28.04
=1.02

* 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.

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

For example, EVN 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)
=33.142/133.7589*133.7589
=33.142

Current CPI (Mar. 2024) = 133.7589.

EVN AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.755 99.496 19.836
201409 13.461 99.586 18.080
201412 13.637 99.676 18.300
201503 13.689 99.992 18.312
201506 13.608 100.492 18.113
201509 13.130 100.292 17.511
201512 13.536 100.692 17.981
201603 13.596 100.692 18.061
201606 13.950 101.092 18.458
201609 14.118 101.192 18.662
201612 14.778 102.092 19.362
201703 15.300 102.592 19.948
201706 15.423 102.991 20.030
201709 16.254 103.591 20.987
201712 17.106 104.291 21.939
201803 17.737 104.491 22.705
201806 18.759 105.091 23.876
201809 21.533 105.691 27.251
201812 20.895 106.291 26.295
201903 21.843 106.391 27.462
201906 22.568 106.791 28.267
201909 24.123 106.991 30.158
201912 23.482 108.091 29.058
202003 20.914 108.024 25.897
202006 22.783 107.915 28.239
202009 24.038 108.348 29.676
202012 29.085 109.321 35.587
202103 27.693 110.186 33.618
202106 31.368 110.943 37.819
202109 35.252 111.916 42.132
202112 38.259 113.971 44.902
202203 38.290 117.647 43.534
202206 39.668 120.567 44.008
202209 39.546 123.811 42.723
202212 34.289 125.541 36.534
202303 34.200 128.460 35.611
202306 34.182 130.191 35.119
202309 34.588 131.272 35.243
202312 36.748 132.570 37.078
202403 33.142 133.759 33.142

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.


EVN AG  (WBO:EVN) 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.


EVN AG Cyclically Adjusted PB Ratio Related Terms

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


EVN AG (WBO:EVN) Business Description

Industry
Traded in Other Exchanges
Address
EVN Platz, Maria Enzersdorf, AUT, A-2344
EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.
Executives
Friedrich Bußlehner Supervisory Board