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KBC Groupe NV (KBC Groupe NV) Cyclically Adjusted Book per Share : $30.36 (As of Dec. 2023)


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What is KBC Groupe NV 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.

KBC Groupe NV's adjusted book value per share for the three months ended in Dec. 2023 was $32.383. 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 $30.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KBC Groupe NV's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KBC Groupe NV was 5.70% per year. The lowest was -0.80% per year. And the median was 2.35% per year.

As of today (2024-05-01), KBC Groupe NV's current stock price is $37.135. KBC Groupe NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.36. KBC Groupe NV's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KBC Groupe NV was 1.79. The lowest was 0.88. And the median was 1.28.


KBC Groupe NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for KBC Groupe NV'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.

* Premium members only.

KBC Groupe NV Cyclically Adjusted Book per Share Chart

KBC Groupe NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.59 28.29 27.82 28.42 30.36

KBC Groupe NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 28.42 28.80 29.03 28.40 30.36

Competitive Comparison of KBC Groupe NV's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, KBC Groupe NV'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.


KBC Groupe NV's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KBC Groupe NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KBC Groupe NV's Cyclically Adjusted PB Ratio falls into.



KBC Groupe NV 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, KBC Groupe NV's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.383/128.2922*128.2922
=32.383

Current CPI (Dec. 2023) = 128.2922.

KBC Groupe NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.464 99.819 32.728
201406 25.586 99.482 32.996
201409 25.071 99.195 32.425
201412 24.385 99.086 31.573
201503 22.443 99.423 28.960
201506 22.805 100.107 29.226
201509 23.400 100.245 29.947
201512 20.598 100.572 26.275
201603 20.953 101.653 26.444
201606 21.813 102.267 27.364
201609 22.192 102.118 27.880
201612 21.881 102.614 27.357
201703 22.886 103.972 28.239
201706 24.260 103.902 29.955
201709 26.218 104.170 32.289
201712 26.583 104.804 32.541
201803 27.281 105.419 33.200
201806 26.692 106.063 32.286
201809 27.045 106.618 32.543
201812 26.838 107.252 32.103
201903 26.373 107.876 31.364
201906 26.203 107.896 31.156
201909 25.916 107.470 30.937
201912 26.983 108.065 32.034
202003 26.170 108.550 30.930
202006 27.332 108.540 32.306
202009 29.539 108.441 34.946
202012 31.432 108.511 37.162
202103 31.809 109.522 37.261
202106 33.395 110.305 38.841
202109 33.311 111.543 38.313
202112 31.276 114.705 34.981
202203 30.526 118.620 33.015
202206 25.661 120.948 27.219
202209 23.791 124.120 24.591
202212 27.703 126.578 28.078
202303 29.697 126.528 30.111
202306 29.677 125.973 30.223
202309 30.737 127.083 31.029
202312 32.383 128.292 32.383

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


KBC Groupe NV  (OTCPK:KBCSY) 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.

KBC Groupe NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.135/30.36
=1.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KBC Groupe NV was 1.79. The lowest was 0.88. And the median was 1.28.


Be Aware

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


KBC Groupe NV Cyclically Adjusted Book per Share Related Terms

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


KBC Groupe NV (KBC Groupe NV) Business Description

Industry
Address
Havenlaan 2, Brussels, BEL, B-1080
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

KBC Groupe NV (KBC Groupe NV) Headlines

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