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Bank of Georgia Group (Bank of Georgia Group) Cyclically Adjusted Book per Share : $20.67 (As of Dec. 2023)


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What is Bank of Georgia Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Bank of Georgia Group's adjusted book value per share for the three months ended in Dec. 2023 was $40.348. 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 $20.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank of Georgia Group's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bank of Georgia Group was 14.10% per year. The lowest was 11.90% per year. And the median was 13.00% per year.

As of today (2024-05-26), Bank of Georgia Group's current stock price is $54.00. Bank of Georgia Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $20.67. Bank of Georgia Group's Cyclically Adjusted PB Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Georgia Group was 2.73. The lowest was 0.61. And the median was 1.11.


Bank of Georgia Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of Georgia Group's Cyclically Adjusted Book per Share 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.

Bank of Georgia Group Cyclically Adjusted Book per Share Chart

Bank of Georgia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 16.76 18.29 13.13 20.67

Bank of Georgia Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 13.13 21.60 24.80 21.66 20.67

Competitive Comparison of Bank of Georgia Group's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank of Georgia Group'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.


Bank of Georgia Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Georgia Group's Cyclically Adjusted PB Ratio falls into.



Bank of Georgia Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Bank of Georgia Group'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)
=40.348/130.5000*130.5000
=40.348

Current CPI (Dec. 2023) = 130.5000.

Bank of Georgia Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.043 99.300 17.141
201406 12.893 99.800 16.859
201409 13.641 100.000 17.802
201412 15.292 99.900 19.976
201503 15.352 99.600 20.115
201506 15.401 100.100 20.078
201509 16.085 100.200 20.949
201512 17.693 100.400 22.997
201603 18.525 100.400 24.079
201606 18.986 101.000 24.531
201609 20.673 101.500 26.580
201612 20.887 102.200 26.671
201703 20.648 102.700 26.237
201706 21.061 103.500 26.555
201709 22.139 104.300 27.700
201712 22.676 105.000 28.183
201803 23.947 105.100 29.734
201806 12.590 105.900 15.515
201809 12.590 106.600 15.413
201812 13.870 107.100 16.900
201903 14.714 107.000 17.946
201906 14.782 107.900 17.878
201909 15.750 108.400 18.961
201912 16.735 108.500 20.128
202003 15.822 108.600 19.013
202006 16.998 108.800 20.388
202009 18.325 109.200 21.899
202012 19.705 109.400 23.506
202103 20.510 109.700 24.399
202106 21.718 111.400 25.442
202109 22.642 112.400 26.288
202112 24.221 114.700 27.557
202203 25.372 116.500 28.421
202206 25.645 120.500 27.773
202209 29.079 122.300 31.029
202212 32.869 125.300 34.233
202303 36.343 126.800 37.403
202306 36.278 129.400 36.586
202309 37.897 130.100 38.014
202312 40.348 130.500 40.348

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Bank of Georgia Group  (OTCPK:BDGSF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Bank of Georgia Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.00/20.67
=2.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Georgia Group was 2.73. The lowest was 0.61. And the median was 1.11.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Bank of Georgia Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bank of Georgia Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Georgia Group (Bank of Georgia Group) Business Description

Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

Bank of Georgia Group (Bank of Georgia Group) Headlines

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