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Sberbank of Russia PJSC (LSE:38LF) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Sberbank of Russia PJSC Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sberbank of Russia PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sberbank of Russia PJSC'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.

Sberbank of Russia PJSC Cyclically Adjusted PB Ratio Chart

Sberbank of Russia PJSC 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 - 1.77 1.59 1.54 0.66

Sberbank of Russia PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Mar23 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 1.78 1.54 0.66 0.98 1.12

Competitive Comparison of Sberbank of Russia PJSC's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.


Sberbank of Russia PJSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Sberbank of Russia PJSC's Cyclically Adjusted PB Ratio falls into.



Sberbank of Russia PJSC 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.

Sberbank of Russia PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Sberbank of Russia PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=13.051/238.3000*238.3000
=13.051

Current CPI (Jun. 2023) = 238.3000.

Sberbank of Russia PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 9.832 117.300 19.974
201303 10.132 119.500 20.205
201306 9.606 121.400 18.856
201309 10.279 122.800 19.947
201312 10.637 124.900 20.295
201403 10.026 127.800 18.695
201406 10.740 130.900 19.552
201409 9.489 132.700 17.040
201412 6.621 139.000 11.351
201503 6.760 149.400 10.783
201506 7.206 150.900 11.380
201509 6.326 153.500 9.821
201512 6.016 157.000 9.131
201603 6.853 160.200 10.194
201606 7.570 162.200 11.122
201609 8.037 163.300 11.728
201612 8.672 165.400 12.494
201703 9.810 167.000 13.998
201706 9.498 169.200 13.377
201709 10.476 168.200 14.842
201712 11.081 169.600 15.570
201803 11.619 171.000 16.192
201806 0.000 173.100 0.000
201809 10.381 173.900 14.225
201812 10.309 176.800 13.895
201903 11.633 179.900 15.409
201906 11.750 181.200 15.453
201909 12.496 180.800 16.470
201912 13.390 182.200 17.513
202003 0.000 184.500 0.000
202006 12.761 187.000 16.262
202009 11.388 187.400 14.481
202012 12.584 191.100 15.692
202103 12.869 195.200 15.710
202106 12.991 199.100 15.549
202109 13.926 201.300 16.486
202112 14.189 207.200 16.319
202212 17.677 231.900 18.165
202303 14.586 235.800 14.741
202306 13.051 238.300 13.051

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.


Sberbank of Russia PJSC  (LSE:38LF) 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.


Sberbank of Russia PJSC Cyclically Adjusted PB Ratio Related Terms

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Sberbank of Russia PJSC (LSE:38LF) Business Description

Traded in Other Exchanges
Address
19 Vavilova Street, Moscow, RUS, 117997
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

Sberbank of Russia PJSC (LSE:38LF) Headlines

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