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Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Cyclically Adjusted PB Ratio : 0.00 (As of Apr. 28, 2024)


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What is Banca Monte dei Paschi di Siena Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Banca Monte dei Paschi di Siena's current share price is $4.898. Banca Monte dei Paschi di Siena's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3,617.30. Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio for today is 0.00.

The historical rank and industry rank for Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio or its related term are showing as below:

BMDPF's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Banca Monte dei Paschi di Siena's adjusted book value per share data for the three months ended in Dec. 2023 was $8.638. 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 $3,617.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Monte dei Paschi di Siena Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banca Monte dei Paschi di Siena'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.

Banca Monte dei Paschi di Siena Cyclically Adjusted PB Ratio Chart

Banca Monte dei Paschi di Siena Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Banca Monte dei Paschi di Siena Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banca Monte dei Paschi di Siena'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.


Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio falls into.



Banca Monte dei Paschi di Siena 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.

Banca Monte dei Paschi di Siena's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.898/3617.3
=0.00

* 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.

Banca Monte dei Paschi di Siena's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Banca Monte dei Paschi di Siena's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.638/119.5000*119.5000
=8.638

Current CPI (Dec. 2023) = 119.5000.

Banca Monte dei Paschi di Siena Quarterly Data

Book Value per Share CPI Adj_Book
201403 39,218.021 99.907 46,909.161
201406 24,913.616 100.093 29,744.109
201409 22,081.472 99.814 26,436.531
201412 11,788.371 99.721 14,126.530
201503 11,605.981 99.814 13,894.992
201506 7,789.386 100.279 9,282.409
201509 7,855.910 100.000 9,387.812
201512 7,428.949 99.814 8,894.137
201603 7,656.752 99.600 9,186.565
201606 7,927.970 99.900 9,483.408
201609 6,975.438 100.100 8,327.321
201612 4,816.732 100.300 5,738.778
201703 4,592.208 101.000 5,433.355
201706 2,433.559 101.100 2,876.462
201709 246.205 101.200 290.726
201712 232.945 101.200 275.068
201803 216.394 101.800 254.018
201806 198.320 102.400 231.438
201809 197.525 102.600 230.061
201812 193.076 102.300 225.538
201903 193.828 102.800 225.316
201906 199.113 103.100 230.786
201909 199.278 102.900 231.426
201912 173.622 102.800 201.827
202003 165.319 102.900 191.989
202006 152.148 102.900 176.693
202009 150.511 102.300 175.817
202012 151.435 102.600 176.379
202103 154.193 103.700 177.686
202106 157.607 104.200 180.749
202109 158.603 104.900 180.677
202112 144.984 106.600 162.529
202203 137.499 110.400 148.833
202206 128.253 112.500 136.233
202209 109.165 114.200 114.231
202212 6.610 119.000 6.638
202303 6.909 118.800 6.950
202306 7.310 119.700 7.298
202309 7.462 120.300 7.412
202312 8.638 119.500 8.638

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.


Banca Monte dei Paschi di Siena  (OTCPK:BMDPF) 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.


Banca Monte dei Paschi di Siena Cyclically Adjusted PB Ratio Related Terms

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


Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Business Description

Traded in Other Exchanges
Address
Piazza Salimbeni, 3, Siena, ITA, 53100
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. The bank's strategy emphasizes efficiency as well as strengthening of its balance sheet, including its credit quality, liquidity, and capital base. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages.

Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Headlines

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