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BNPQF (BNP Paribas) Cyclically Adjusted Book per Share : $101.48 (As of Dec. 2024)


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What is BNP Paribas 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.

BNP Paribas's adjusted book value per share for the three months ended in Dec. 2024 was $118.786. 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 $101.48 for the trailing ten years ended in Dec. 2024.

During the past 12 months, BNP Paribas's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 BNP Paribas was 6.40% per year. The lowest was 3.80% per year. And the median was 5.60% per year.

As of today (2025-03-04), BNP Paribas's current stock price is $78.87. BNP Paribas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $101.48. BNP Paribas's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BNP Paribas was 0.88. The lowest was 0.32. And the median was 0.61.


BNP Paribas Cyclically Adjusted Book per Share Historical Data

The historical data trend for BNP Paribas'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.

BNP Paribas Cyclically Adjusted Book per Share Chart

BNP Paribas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.50 92.98 97.62 107.10 101.48

BNP Paribas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 107.10 105.12 103.70 115.70 101.48

Competitive Comparison of BNP Paribas's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BNP Paribas'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.


BNP Paribas's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where BNP Paribas's Cyclically Adjusted PB Ratio falls into.



BNP Paribas 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, BNP Paribas's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=118.786/119.9500*119.9500
=118.786

Current CPI (Dec. 2024) = 119.9500.

BNP Paribas Quarterly Data

Book Value per Share CPI Adj_Book
201503 81.581 100.170 97.690
201506 83.147 100.440 99.298
201509 85.594 99.950 102.721
201512 84.237 100.040 101.002
201603 88.152 100.020 105.717
201606 87.967 100.630 104.856
201609 89.057 100.340 106.462
201612 85.215 100.650 101.555
201703 87.689 101.170 103.967
201706 89.494 101.320 105.950
201709 96.178 101.330 113.851
201712 94.266 101.850 111.018
201803 98.999 102.750 115.571
201806 92.365 103.370 107.180
201809 93.383 103.560 108.162
201812 92.527 103.470 107.264
201903 95.451 103.890 110.206
201906 94.375 104.580 108.245
201909 94.654 104.500 108.648
201912 95.622 104.980 109.258
202003 96.463 104.590 110.629
202006 100.605 104.790 115.160
202009 105.526 104.550 121.070
202012 109.947 104.960 125.649
202103 108.456 105.750 123.019
202106 111.906 106.340 126.228
202109 109.441 106.810 122.905
202112 108.004 107.850 120.121
202203 106.283 110.490 115.383
202206 99.457 112.550 105.996
202209 96.926 112.740 103.125
202212 104.122 114.160 109.403
202303 110.495 116.790 113.485
202306 111.624 117.650 113.806
202309 113.280 118.260 114.899
202312 117.599 118.390 119.149
202403 119.369 119.470 119.849
202406 116.400 120.200 116.158
202409 122.747 119.560 123.147
202412 118.786 119.950 118.786

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


BNP Paribas  (OTCPK:BNPQF) 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.

BNP Paribas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=78.87/101.48
=0.78

* 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 BNP Paribas was 0.88. The lowest was 0.32. And the median was 0.61.


Be Aware

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


BNP Paribas Cyclically Adjusted Book per Share Related Terms

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


BNP Paribas Business Description

Industry
Address
16, Boulevard Des Italiens, Paris, FRA, 75009
The merger of Banque Nationale de Paris and Paribas created BNP Paribas in 2000, making it the largest publicly traded bank in France. Although BNP Paribas has operations in about 80 countries, it considers France, Italy, and Belgium to be its home markets.

BNP Paribas Headlines

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