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OMV AG (WBO:OMV) Cyclically Adjusted PB Ratio : 0.94 (As of May. 21, 2024)


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What is OMV AG Cyclically Adjusted PB Ratio?

As of today (2024-05-21), OMV AG's current share price is €47.52. OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €50.57. OMV AG's Cyclically Adjusted PB Ratio for today is 0.94.

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

WBO:OMV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.14   Max: 1.55
Current: 0.94

During the past years, OMV AG's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.51. And the median was 1.14.

WBO:OMV's Cyclically Adjusted PB Ratio is ranked better than
51.65% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs WBO:OMV: 0.94

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.

OMV AG's adjusted book value per share data for the three months ended in Mar. 2024 was €57.488. 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 €50.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OMV AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OMV 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.

OMV AG Cyclically Adjusted PB Ratio Chart

OMV 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 1.32 0.85 1.21 1.03 0.80

OMV 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 0.88 0.80 0.92 0.80 0.87

Competitive Comparison of OMV AG's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, OMV 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.


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

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

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



OMV 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.52/50.57
=0.94

* 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.

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

For example, OMV 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)
=57.488/133.7589*133.7589
=57.488

Current CPI (Mar. 2024) = 133.7589.

OMV AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 36.103 99.496 48.536
201409 37.922 99.586 50.935
201412 35.527 99.676 47.675
201503 38.492 99.992 51.491
201506 36.420 100.492 48.477
201509 33.816 100.292 45.100
201512 35.764 100.692 47.509
201603 35.838 100.692 47.607
201606 33.800 101.092 44.722
201609 34.061 101.192 45.023
201612 33.436 102.092 43.807
201703 34.799 102.592 45.371
201706 33.126 102.991 43.022
201709 34.239 103.591 44.210
201712 34.352 104.291 44.058
201803 33.011 104.491 42.257
201806 34.309 105.091 43.668
201809 35.240 105.691 44.598
201812 36.437 106.291 45.853
201903 37.866 106.391 47.607
201906 37.578 106.791 47.068
201909 39.330 106.991 49.170
201912 39.804 108.091 49.256
202003 39.495 108.024 48.904
202006 38.978 107.915 48.312
202009 37.700 108.348 46.542
202012 42.019 109.321 51.412
202103 45.646 110.186 55.411
202106 45.438 110.943 54.782
202109 47.460 111.916 56.723
202112 47.414 113.971 55.646
202203 50.870 117.647 57.837
202206 56.998 120.567 63.235
202209 61.687 123.811 66.644
202212 58.547 125.541 62.380
202303 58.639 128.460 61.058
202306 54.400 130.191 55.891
202309 56.289 131.272 57.355
202312 55.751 132.570 56.251
202403 57.488 133.759 57.488

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.


OMV AG  (WBO:OMV) 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.


OMV AG Cyclically Adjusted PB Ratio Related Terms

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


OMV AG (WBO:OMV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (WBO:OMV) » Definitions » Cyclically Adjusted PB Ratio
Address
Trabrennstrasse 6 - 8, Vienna, AUT, 1020
OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.

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