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Baader Bank AG. (FRA:BWB) Cyclically Adjusted PB Ratio : 1.46 (As of May. 20, 2024)


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What is Baader Bank AG. Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Baader Bank AG.'s current share price is €3.94. Baader Bank AG.'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €2.70. Baader Bank AG.'s Cyclically Adjusted PB Ratio for today is 1.46.

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

FRA:BWB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.82   Max: 4.25
Current: 1.45

During the past 13 years, Baader Bank AG.'s highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 0.40. And the median was 0.82.

FRA:BWB's Cyclically Adjusted PB Ratio is ranked worse than
57.62% of 479 companies
in the Capital Markets industry
Industry Median: 1.17 vs FRA:BWB: 1.45

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.

Baader Bank AG.'s adjusted book value per share data of for the fiscal year that ended in Dec22 was €3.362. 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 €2.70 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baader Bank AG. Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baader Bank 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.

Baader Bank AG. Cyclically Adjusted PB Ratio Chart

Baader Bank AG. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.50 1.99 2.64 1.58

Baader Bank AG. Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 2.64 - 1.58 -

Competitive Comparison of Baader Bank AG.'s Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Baader Bank 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.


Baader Bank AG.'s Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Baader Bank AG.'s Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Baader Bank 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.

Baader Bank AG.'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.94/2.7
=1.46

* 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.

Baader Bank AG.'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Baader Bank AG.'s adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=3.362/119.3449*119.3449
=3.362

Current CPI (Dec22) = 119.3449.

Baader Bank AG. Annual Data

Book Value per Share CPI Adj_Book
201312 2.347 99.356 2.819
201412 2.318 99.543 2.779
201512 2.144 99.717 2.566
201612 2.062 101.217 2.431
201712 2.097 102.617 2.439
201812 1.614 104.217 1.848
201912 1.605 105.818 1.810
202012 2.606 105.518 2.947
202112 3.491 110.384 3.774
202212 3.362 119.345 3.362

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.


Baader Bank AG.  (FRA:BWB) 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.


Baader Bank AG. Cyclically Adjusted PB Ratio Related Terms

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


Baader Bank AG. (FRA:BWB) Business Description

Traded in Other Exchanges
Address
Weihenstephaner Strasse 4, Unterschleissheim, BY, DEU, 85716
Baader Bank AG. is an investment bank in Germany trading with financial instruments. Its business line includes Market Making Business; Banking Services Business; Equity Capital Markets business; Asset Management Services business; Multi Asset Brokerage Business and Research Services business. Geographical presence in Germany, Great Britain, Croatia, Switzerland and USA.
Executives
Oliver Riedel Board of Directors
Christoph Benedikt Mast Supervisory Board

Baader Bank AG. (FRA:BWB) Headlines