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PKO Bank Polski (XPRA:PKO) Cyclically Adjusted PB Ratio : 1.46 (As of Jun. 06, 2024)


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What is PKO Bank Polski Cyclically Adjusted PB Ratio?

As of today (2024-06-06), PKO Bank Polski's current share price is Kč330.00. PKO Bank Polski's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč226.77. PKO Bank Polski's Cyclically Adjusted PB Ratio for today is 1.46.

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

XPRA:PKO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.43   Max: 2.17
Current: 1.44

During the past years, PKO Bank Polski's highest Cyclically Adjusted PB Ratio was 2.17. The lowest was 0.63. And the median was 1.43.

XPRA:PKO's Cyclically Adjusted PB Ratio is ranked worse than
78.25% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs XPRA:PKO: 1.44

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.

PKO Bank Polski's adjusted book value per share data for the three months ended in Mar. 2024 was Kč227.768. 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 Kč226.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PKO Bank Polski Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PKO Bank Polski'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.

PKO Bank Polski Cyclically Adjusted PB Ratio Chart

PKO Bank Polski 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 1.38 1.07 1.48 0.85 1.31

PKO Bank Polski 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 0.76 0.95 0.92 1.31 1.52

Competitive Comparison of PKO Bank Polski's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PKO Bank Polski'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.


PKO Bank Polski's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



PKO Bank Polski 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.

PKO Bank Polski's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=330.00/226.77
=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.

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

For example, PKO Bank Polski'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)
=227.768/149.0435*149.0435
=227.768

Current CPI (Mar. 2024) = 149.0435.

PKO Bank Polski Quarterly Data

Book Value per Share CPI Adj_Book
201406 124.406 101.180 183.256
201409 129.130 100.611 191.292
201412 132.073 100.122 196.606
201503 135.232 100.041 201.473
201506 137.465 100.448 203.969
201509 141.511 99.634 211.688
201512 144.778 99.471 216.930
201603 148.463 98.983 223.549
201606 151.122 99.552 226.250
201609 154.596 99.064 232.593
201612 155.783 100.366 231.337
201703 159.435 101.018 235.234
201706 164.231 101.180 241.920
201709 169.011 101.343 248.561
201712 173.386 102.564 251.960
201803 174.830 102.564 254.058
201806 175.877 103.378 253.567
201809 180.342 103.378 260.005
201812 186.982 103.785 268.521
201903 189.985 104.274 271.555
201906 189.483 105.983 266.469
201909 196.229 105.983 275.956
201912 198.820 107.123 276.626
202003 203.209 109.076 277.668
202006 210.671 109.402 287.008
202009 214.123 109.320 291.928
202012 190.869 109.565 259.644
202103 194.048 112.658 256.721
202106 196.372 113.960 256.826
202109 198.633 115.588 256.125
202112 180.270 119.088 225.615
202203 170.814 125.031 203.620
202206 147.990 131.705 167.472
202209 151.576 135.531 166.688
202212 170.775 139.113 182.966
202303 187.685 145.950 191.663
202306 196.673 147.009 199.395
202309 217.149 146.113 221.504
202312 216.274 147.741 218.181
202403 227.768 149.044 227.768

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.


PKO Bank Polski  (XPRA:PKO) 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.


PKO Bank Polski Cyclically Adjusted PB Ratio Related Terms

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


PKO Bank Polski (XPRA:PKO) Business Description

Traded in Other Exchanges
Address
Pu?awska street 15, Warsaw, POL, 02-515
PKO Bank Polski SA is a universal banking group operating primarily in Poland, with subsidiaries in the Ukraine and Sweden. The bank's corporate strategy places a premium on organic growth and acquisitions. It has a strong presence in retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management. Majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Net fees and commissions, in contrast, are diversified across loans and insurance, mutual funds and brokerage, cards, and customer accounts. The bank has an appreciably large portion of its deposit base originating from retail clients in relation to competitors.

PKO Bank Polski (XPRA:PKO) Headlines

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