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Credit Suisse Group AG (Credit Suisse Group AG) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2022)


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What is Credit Suisse Group AG Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Credit Suisse Group AG's adjusted book value per share for the three months ended in Dec. 2022 was $12.291. 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 $0.00 for the trailing ten years ended in Dec. 2022.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-05), Credit Suisse Group AG's current stock price is $0.8858. Credit Suisse Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $0.00. Credit Suisse Group AG's Cyclically Adjusted PB Ratio of today is .


Credit Suisse Group AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Credit Suisse Group AG's Cyclically Adjusted Book per Share 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.

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Credit Suisse Group AG Cyclically Adjusted Book per Share Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Credit Suisse Group 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.


Credit Suisse Group AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Credit Suisse Group AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Credit Suisse Group AG's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=12.291/104.6662*104.6662
=12.291

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201303 26.389 101.221 27.287
201306 25.339 101.466 26.138
201309 25.462 101.336 26.299
201312 26.337 101.036 27.283
201403 27.459 101.224 28.393
201406 25.359 101.517 26.146
201409 25.960 101.247 26.837
201412 25.015 100.704 25.999
201503 25.147 100.339 26.232
201506 24.878 100.464 25.919
201509 25.008 99.785 26.231
201512 20.874 99.386 21.983
201603 21.521 99.475 22.644
201606 20.351 100.088 21.282
201609 19.898 99.604 20.909
201612 17.962 99.380 18.918
201703 18.253 100.040 19.097
201706 16.655 100.285 17.383
201709 16.881 100.254 17.624
201712 15.757 100.213 16.457
201803 16.725 100.836 17.360
201806 16.299 101.435 16.818
201809 16.367 101.246 16.920
201812 16.433 100.906 17.045
201903 16.533 101.571 17.037
201906 16.684 102.044 17.113
201909 17.440 101.396 18.003
201912 17.257 101.063 17.872
202003 20.020 101.048 20.737
202006 18.964 100.743 19.702
202009 19.540 100.585 20.333
202012 18.898 100.241 19.732
202103 19.202 100.800 19.939
202106 18.845 101.352 19.461
202109 19.081 101.533 19.670
202112 17.579 101.776 18.078
202203 17.708 103.205 17.959
202206 17.131 104.783 17.112
202209 16.081 104.835 16.055
202212 12.291 104.666 12.291

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Credit Suisse Group AG  (NYSE:CS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Credit Suisse Group AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Credit Suisse Group AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Suisse Group AG (Credit Suisse Group AG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG (Credit Suisse Group AG) Headlines

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