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CFM Indosuez Wealth (XPAR:MLCFM) Cyclically Adjusted PB Ratio : 1.76 (As of May. 24, 2024)


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What is CFM Indosuez Wealth Cyclically Adjusted PB Ratio?

As of today (2024-05-24), CFM Indosuez Wealth's current share price is €1200.00. CFM Indosuez Wealth's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €683.15. CFM Indosuez Wealth's Cyclically Adjusted PB Ratio for today is 1.76.

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

XPAR:MLCFM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.67   Max: 2.4
Current: 1.76

During the past 13 years, CFM Indosuez Wealth's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.24. And the median was 1.67.

XPAR:MLCFM's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.93 vs XPAR:MLCFM: 1.76

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.

CFM Indosuez Wealth's adjusted book value per share data of for the fiscal year that ended in Dec22 was €661.517. 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 €683.15 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


CFM Indosuez Wealth Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CFM Indosuez Wealth'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.

CFM Indosuez Wealth Cyclically Adjusted PB Ratio Chart

CFM Indosuez Wealth 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 1.47 1.59 1.55 1.45 -

CFM Indosuez Wealth Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 1.59 1.55 1.45 -

Competitive Comparison of CFM Indosuez Wealth's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, CFM Indosuez Wealth'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.


CFM Indosuez Wealth's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



CFM Indosuez Wealth 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.

CFM Indosuez Wealth's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1200.00/683.15
=1.76

* 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.

CFM Indosuez Wealth's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, CFM Indosuez Wealth'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)
=661.517/125.2218*125.2218
=661.517

Current CPI (Dec22) = 125.2218.

CFM Indosuez Wealth Annual Data

Book Value per Share CPI Adj_Book
201312 489.325 98.326 623.174
201412 483.284 99.070 610.860
201512 549.750 99.792 689.839
201612 570.742 101.863 701.624
201712 590.255 104.011 710.624
201812 584.876 105.998 690.950
201912 610.026 108.420 704.561
202012 656.880 109.897 748.481
202112 648.047 117.630 689.875
202212 661.517 125.222 661.517

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.


CFM Indosuez Wealth  (XPAR:MLCFM) 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.


CFM Indosuez Wealth Cyclically Adjusted PB Ratio Related Terms

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CFM Indosuez Wealth (XPAR:MLCFM) Business Description

Traded in Other Exchanges
N/A
Address
11, boulevard Albert 1er, Monaco, MCO, 98000
CFM Indosuez Wealth SA is in the business of wealth management. Its services include tailor-made wealth management recommendations, international investment solutions, precision banking services, credit solutions, special access to Credit Agricole group's expertise and wealth and beyond. The company's product lines are discretionary portfolio management, advisory, direct access, investment funds, structured products, forex and precious metals, private equity, real estate and insurance. Its operations are in Americas, Asia-Pacific, Europe, Middle East and Africa.

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