GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nordea Bank Polska SA (WAR:NDA) » Definitions » Cyclically Adjusted PB Ratio

Nordea Bank Polska (WAR:NDA) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Nordea Bank Polska Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordea Bank Polska Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nordea Bank Polska'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.

Nordea Bank Polska Cyclically Adjusted PB Ratio Chart

Nordea Bank Polska Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Nordea Bank Polska Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - - - -

Competitive Comparison of Nordea Bank Polska's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Nordea Bank Polska'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.


Nordea Bank Polska's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Nordea Bank Polska 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.

Nordea Bank Polska's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Nordea Bank Polska's adjusted Book Value per Share data for the fiscal year that ended in Dec13 was:

Adj_Book=Book Value per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=42.219/101.0175*101.0175
=42.219

Current CPI (Dec13) = 101.0175.

Nordea Bank Polska Annual Data

Book Value per Share CPI Adj_Book
200412 15.030 79.897 19.003
200512 15.381 80.600 19.277
200612 16.878 81.726 20.862
200712 20.236 84.900 24.078
200812 23.295 87.587 26.867
200912 26.483 90.843 29.449
201012 37.208 93.692 40.117
201112 38.712 98.006 39.902
201212 41.132 100.285 41.432
201312 42.219 101.018 42.219

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.


Nordea Bank Polska  (WAR:NDA) 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.


Nordea Bank Polska Cyclically Adjusted PB Ratio Related Terms

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


Nordea Bank Polska (WAR:NDA) Business Description

Traded in Other Exchanges
N/A
Address
Nordea Bank Polska S.A. is engaged in banking and financial services via Internet, telephone, SMS, and the branch network. Its services include Nordea account, the account eFirma and eFirma and low-interest loans and deposits.

Nordea Bank Polska (WAR:NDA) Headlines

No Headlines