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Citigroup (XSWX:C) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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What is Citigroup Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Citigroup's adjusted book value per share for the three months ended in Mar. 2024 was CHF86.697. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Citigroup's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.70% 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 Citigroup was 17.90% per year. The lowest was -15.40% per year. And the median was 6.20% per year.

As of today (2024-06-09), Citigroup's current stock price is CHF68.05. Citigroup's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Citigroup's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Citigroup was 1.11. The lowest was 0.27. And the median was 0.58.


Citigroup Cyclically Adjusted Book per Share Historical Data

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted Book per Share Chart

Citigroup 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 62.30 84.01 93.92 135.48 -

Citigroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Citigroup's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Citigroup 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, Citigroup'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)
=86.697/131.7762*131.7762
=86.697

Current CPI (Mar. 2024) = 131.7762.

Citigroup Quarterly Data

Book Value per Share CPI Adj_Book
201406 59.802 100.560 78.366
201409 62.881 100.428 82.509
201412 64.414 99.070 85.679
201503 65.441 99.621 86.564
201506 63.631 100.684 83.281
201509 67.129 100.392 88.115
201512 69.121 99.792 91.275
201603 70.122 100.470 91.971
201606 70.955 101.688 91.950
201609 72.509 101.861 93.804
201612 75.697 101.863 97.927
201703 75.980 102.862 97.338
201706 74.890 103.349 95.489
201709 75.857 104.136 95.992
201712 69.702 104.011 88.309
201803 67.945 105.290 85.037
201806 71.226 106.317 88.282
201809 70.564 106.507 87.306
201812 74.445 105.998 92.550
201903 77.130 107.251 94.768
201906 78.451 108.070 95.660
201909 80.263 108.329 97.635
201912 81.458 108.420 99.006
202003 80.341 108.902 97.217
202006 79.345 108.767 96.130
202009 77.296 109.815 92.754
202012 76.787 109.897 92.075
202103 81.988 111.754 96.677
202106 82.487 114.631 94.824
202109 85.050 115.734 96.839
202112 84.925 117.630 95.138
202203 85.532 121.301 92.918
202206 90.181 125.017 95.057
202209 90.234 125.227 94.953
202212 87.627 125.222 92.214
202303 89.851 127.348 92.975
202306 87.611 128.729 89.685
202309 88.246 129.860 89.548
202312 83.870 129.419 85.397
202403 86.697 131.776 86.697

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


Citigroup  (XSWX:C) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Citigroup was 1.11. The lowest was 0.27. And the median was 0.58.


Be Aware

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


Citigroup Cyclically Adjusted Book per Share Related Terms

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


Citigroup (XSWX:C) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (XSWX:C) » Definitions » Cyclically Adjusted Book per Share
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.