GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (XPRA:OMV) » Definitions » Cyclically Adjusted PB Ratio

OMV AG (XPRA:OMV) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 01, 2024)


View and export this data going back to 2018. Start your Free Trial

What is OMV AG Cyclically Adjusted PB Ratio?

As of today (2024-06-01), OMV AG's current share price is Kč1139.00. OMV AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč1,265.40. OMV AG's Cyclically Adjusted PB Ratio for today is 0.90.

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

XPRA:OMV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.14   Max: 1.55
Current: 0.91

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.

XPRA:OMV's Cyclically Adjusted PB Ratio is ranked better than
52.86% of 823 companies
in the Oil & Gas industry
Industry Median: 1 vs XPRA:OMV: 0.91

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 Kč1,453.965. 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 Kč1,265.40 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
=1139.00/1265.4
=0.90

* 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)
=1453.965/133.7589*133.7589
=1,453.965

Current CPI (Mar. 2024) = 133.7589.

OMV AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 990.652 99.496 1,331.804
201409 1,045.459 99.586 1,404.211
201412 982.649 99.676 1,318.650
201503 1,052.660 99.992 1,408.143
201506 995.564 100.492 1,325.141
201509 916.176 100.292 1,221.904
201512 968.052 100.692 1,285.962
201603 972.362 100.692 1,291.687
201606 915.263 101.092 1,211.026
201609 921.312 101.192 1,217.825
201612 904.701 102.092 1,185.327
201703 941.315 102.592 1,227.287
201706 870.549 102.991 1,130.616
201709 893.122 103.591 1,153.214
201712 881.113 104.291 1,130.072
201803 839.161 104.491 1,074.207
201806 884.752 105.091 1,126.102
201809 902.931 105.691 1,142.716
201812 940.511 106.291 1,183.558
201903 971.927 106.391 1,221.943
201906 962.516 106.791 1,205.579
201909 1,018.199 106.991 1,272.939
201912 1,015.365 108.091 1,256.479
202003 1,049.259 108.024 1,299.232
202006 1,040.582 107.915 1,289.780
202009 1,007.109 108.348 1,243.307
202012 1,105.665 109.321 1,352.827
202103 1,195.593 110.186 1,451.372
202106 1,156.828 110.943 1,394.733
202109 1,204.372 111.916 1,439.428
202112 1,196.762 113.971 1,404.549
202203 1,271.693 117.647 1,445.849
202206 1,409.884 120.567 1,564.150
202209 1,515.502 123.811 1,637.271
202212 1,421.299 125.541 1,514.338
202303 1,388.946 128.460 1,446.235
202306 1,288.406 130.191 1,323.719
202309 1,371.590 131.272 1,397.575
202312 1,364.459 132.570 1,376.701
202403 1,453.965 133.759 1,453.965

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  (XPRA: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 (XPRA:OMV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (XPRA: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.

OMV AG (XPRA:OMV) Headlines

No Headlines