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Viscom AG (XTER:V6C) Cyclically Adjusted PB Ratio : 0.66 (As of May. 29, 2024)


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What is Viscom AG Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Viscom AG's current share price is €4.72. Viscom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.15. Viscom AG's Cyclically Adjusted PB Ratio for today is 0.66.

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

XTER:V6C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.43   Max: 3.02
Current: 0.64

During the past years, Viscom AG's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 0.64. And the median was 1.43.

XTER:V6C's Cyclically Adjusted PB Ratio is ranked better than
81.69% of 1879 companies
in the Hardware industry
Industry Median: 1.66 vs XTER:V6C: 0.64

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.

Viscom AG's adjusted book value per share data for the three months ended in Mar. 2024 was €6.562. 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 €7.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viscom AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viscom 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.

Viscom AG Cyclically Adjusted PB Ratio Chart

Viscom 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 1.39 1.48 2.11 1.26 1.12

Viscom 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 1.37 1.28 1.11 1.12 0.75

Competitive Comparison of Viscom AG's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Viscom 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.


Viscom AG's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viscom AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viscom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.72/7.15
=0.66

* 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.

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

For example, Viscom 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)
=6.562/125.0381*125.0381
=6.562

Current CPI (Mar. 2024) = 125.0381.

Viscom AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.421 99.543 6.809
201409 5.709 99.823 7.151
201412 6.031 99.543 7.576
201503 6.307 99.717 7.909
201506 5.263 100.417 6.553
201509 5.427 100.417 6.758
201512 5.476 99.717 6.867
201603 5.304 100.017 6.631
201606 5.136 100.717 6.376
201609 5.360 101.017 6.635
201612 5.885 101.217 7.270
201703 6.090 101.417 7.508
201706 5.850 102.117 7.163
201709 6.159 102.717 7.497
201712 6.388 102.617 7.784
201803 6.417 102.917 7.796
201806 6.196 104.017 7.448
201809 6.377 104.718 7.614
201812 6.674 104.217 8.007
201903 6.716 104.217 8.058
201906 6.381 105.718 7.547
201909 6.326 106.018 7.461
201912 6.584 105.818 7.780
202003 6.306 105.718 7.458
202006 6.133 106.618 7.193
202009 5.699 105.818 6.734
202012 5.989 105.518 7.097
202103 5.996 107.518 6.973
202106 6.067 108.486 6.993
202109 6.182 109.435 7.063
202112 6.367 110.384 7.212
202203 6.395 113.968 7.016
202206 6.289 115.760 6.793
202209 6.384 118.818 6.718
202212 6.779 119.345 7.102
202303 6.759 122.402 6.905
202306 6.404 123.140 6.503
202309 6.560 124.195 6.605
202312 6.766 123.773 6.835
202403 6.562 125.038 6.562

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.


Viscom AG  (XTER:V6C) 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.


Viscom AG Cyclically Adjusted PB Ratio Related Terms

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


Viscom AG (XTER:V6C) Business Description

Industry
Traded in Other Exchanges
Address
Carl-Buderus-Strasse 9-15, Hannover, DEU, 30455
Viscom AG develops, manufactures and sells automated inspection systems. Its product portfolio includes the bandwidth of optical and X-ray inspection operations. The company's products are used in the production of automotive electronics, aerospace technology, and industrial electronics. Its products consist of solder joint inspection, which includes AOI, AXI, and MXI; solder paste inspection, wire bond inspection, and others. The construction and delivery of machines generate maximum revenue for the company. Geographically, the company offers its services to Europe, the Americas, and Asia. The Europe region generates the maximum revenue for the company.
Executives
Dr. Martin Heuser Board of Directors
Dirk Schwingel Board of Directors
Peter Krippner Board of Directors

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