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Intesanpaolo (Intesanpaolo) Cyclically Adjusted PB Ratio : 0.98 (As of May. 26, 2024)


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What is Intesanpaolo Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Intesanpaolo's current share price is $3.79. Intesanpaolo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.88. Intesanpaolo's Cyclically Adjusted PB Ratio for today is 0.98.

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

IITSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.67   Max: 1.04
Current: 0.98

During the past years, Intesanpaolo's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.40. And the median was 0.67.

IITSF's Cyclically Adjusted PB Ratio is ranked worse than
58.42% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs IITSF: 0.98

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.

Intesanpaolo's adjusted book value per share data for the three months ended in Mar. 2024 was $3.918. 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 $3.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intesanpaolo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intesanpaolo'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.

Intesanpaolo Cyclically Adjusted PB Ratio Chart

Intesanpaolo 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 0.70 0.60 0.70 0.58 0.73

Intesanpaolo 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 0.66 0.67 0.68 0.73 0.93

Competitive Comparison of Intesanpaolo's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Intesanpaolo'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.


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

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

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



Intesanpaolo 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.

Intesanpaolo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.79/3.88
=0.98

* 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.

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

For example, Intesanpaolo'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)
=3.918/120.2000*120.2000
=3.918

Current CPI (Mar. 2024) = 120.2000.

Intesanpaolo Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.661 100.093 4.396
201409 3.788 99.814 4.562
201412 3.285 99.721 3.960
201503 3.316 99.814 3.993
201506 3.058 100.279 3.665
201509 3.182 100.000 3.825
201512 3.101 99.814 3.734
201603 3.281 99.600 3.960
201606 3.181 99.900 3.827
201609 3.225 100.100 3.873
201612 3.074 100.300 3.684
201703 3.233 101.000 3.848
201706 3.559 101.100 4.231
201709 3.810 101.200 4.525
201712 3.963 101.200 4.707
201803 4.008 101.800 4.732
201806 3.403 102.400 3.995
201809 3.507 102.600 4.109
201812 3.513 102.300 4.128
201903 3.566 102.800 4.170
201906 3.457 103.100 4.030
201909 3.476 102.900 4.060
201912 3.557 102.800 4.159
202003 3.572 102.900 4.173
202006 3.773 102.900 4.407
202009 4.150 102.300 4.876
202012 4.133 102.600 4.842
202103 4.012 103.700 4.650
202106 4.116 104.200 4.748
202109 4.069 104.900 4.662
202112 3.715 106.600 4.189
202203 3.674 110.400 4.000
202206 3.393 112.500 3.625
202209 3.275 114.200 3.447
202212 3.413 119.000 3.447
202303 3.599 118.800 3.641
202306 3.694 119.700 3.709
202309 3.774 120.300 3.771
202312 3.821 119.700 3.837
202403 3.918 120.200 3.918

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.


Intesanpaolo  (OTCPK:IITSF) 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.


Intesanpaolo Cyclically Adjusted PB Ratio Related Terms

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


Intesanpaolo (Intesanpaolo) Business Description

Address
Piazza San Carlo, 156, Torino, ITA, 10121
Intesa Sanpaolo is an Italian banking group resulting from the merger of Banca Intesa and Sanpaolo IMI in 2007. Italy still accounts for by far the most of its earnings. Still, Intesa also has a growing international presence, focusing on some smaller countries in Central and Eastern Europe. Intesa has an enviable market position in the Italian savings market that it services through its private banking, asset management and life insurance operations, which accounts for around 25% of its revenue. While Intesa does have a sizable corporate banking business, it has limited exposure to securities trading and underwriting.

Intesanpaolo (Intesanpaolo) Headlines

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