CDEFF (Credito Emiliano) Cyclically Adjusted Book per Share: $11.09 (As of Jun. 2026)

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CDEFF Credito Emiliano CDEFF
55 GF Score
Price $16.89
GF Value $9.29
! 7 Warning Signs
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What is Credito Emiliano Cyclically Adjusted Book per Share?

Credito Emiliano CDEFF +1.20% 55 Cyclically Adjusted Book per Share is $11.09 as of Jun. 2026. GuruFocus rates CDEFF with a GF Score™ of 55/100 and a GF Value™ of $9.29. The stock has 7 warning signs investors should review.

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.

Credito Emiliano's adjusted book value per share for the three months ended in Jun. 2026 was $15.999. 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 $11.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Credito Emiliano's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Credito Emiliano was 7.70% per year. The lowest was 3.20% per year. And the median was 5.75% per year.

As of today (2026-08-24), Credito Emiliano's current stock price is $16.89. Credito Emiliano's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.09. Credito Emiliano's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Credito Emiliano was 1.86. The lowest was 0.45. And the median was 0.76.


Credito Emiliano  (OTCPK:CDEFF) 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.

Credito Emiliano's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.89/11.09
=1.52

* 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 Credito Emiliano was 1.86. The lowest was 0.45. And the median was 0.76.


Be Aware

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


Credito Emiliano Cyclically Adjusted Book per Share Related Terms


Credito Emiliano Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Credito Emiliano'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.

Credito Emiliano Cyclically Adjusted Book per Share Chart

Credito Emiliano Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 7.94 10.65 9.23 11.74

Credito Emiliano Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.96 12.21 11.74 12.68 11.09

Credito Emiliano Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Credito Emiliano'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.


Credito Emiliano Cyclically Adjusted PB Ratio vs Banks Industry

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

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


CDEFF
55GF Score
Credito Emiliano CDEFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credito Emiliano 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, Credito Emiliano's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.999/126.4000*126.4000
=15.999

Current CPI (Jun. 2026) = 126.4000.

Credito Emiliano Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.364 100.100 10.562
201612 7.887 100.300 9.939
201703 7.875 101.000 9.855
201706 8.566 101.100 10.710
201709 9.291 101.200 11.605
201712 9.477 101.200 11.837
201803 9.667 101.800 12.003
201806 8.830 102.400 10.900
201809 8.945 102.600 11.020
201812 8.836 102.300 10.918
201903 8.893 102.800 10.935
201906 9.286 103.100 11.385
201909 9.496 102.900 11.665
201912 9.699 102.800 11.926
202003 9.290 102.900 11.412
202006 9.967 102.900 12.243
202009 10.808 102.300 13.354
202012 11.524 102.600 14.197
202103 11.235 103.700 13.694
202106 11.630 104.200 14.108
202109 11.721 104.900 14.123
202112 11.481 106.600 13.613
202203 10.549 110.400 12.078
202206 9.720 112.500 10.921
202209 9.126 114.200 10.101
202212 10.483 119.000 11.135
202303 10.715 118.800 11.400
202306 11.430 119.700 12.070
202309 11.679 120.300 12.271
202312 12.410 119.700 13.105
202403 12.208 120.200 12.838
202406 12.593 120.700 13.188
202409 13.584 121.200 14.167
202412 13.196 121.200 13.762
202503 13.524 122.500 13.955
202506 15.016 122.700 15.469
202509 15.753 123.100 16.175
202512 16.076 122.600 16.574
202603 15.413 124.560 15.641
202606 15.999 126.400 15.999

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

What does a Cyclically Adjusted Book per Share of $11.09 mean?
Credito Emiliano (CDEFF) has a Cyclically Adjusted Book per Share of $11.09 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Credito Emiliano and its competitors.
Is Credito Emiliano's Cyclically Adjusted Book per Share too high?
Credito Emiliano's current Cyclically Adjusted Book per Share is $11.09. Overall, Credito Emiliano has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Credito Emiliano's Cyclically Adjusted Book per Share compare to competitors?
Credito Emiliano's Cyclically Adjusted Book per Share of $11.09 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Credito Emiliano and its competitors. Credito Emiliano's current Cyclically Adjusted Book per Share is $11.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credito Emiliano stock overvalued right now?
Credito Emiliano (CDEFF) has a current Cyclically Adjusted Book per Share of $11.09. The stock's GF Value™ is $9.29, compared to a current price of $16.89 — trading 81.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $11.09. Credito Emiliano's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Credito Emiliano (CDEFF), the current Cyclically Adjusted Book per Share is $11.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Credito Emiliano (CDEFF) Overvalued in 2026?

Based on GuruFocus' analysis, Credito Emiliano stock appears to be overvalued. The current stock price of $16.89 is trading 81.8% above its estimated GF Value™ of $9.29.

Key valuation signals for CDEFF:

  • Cyclically Adjusted Book per Share: $11.09
  • GF Value™: $9.29 vs. price of $16.89 (81.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the CDEFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credito Emiliano Business Description

Other Exchanges CE:Italy0K93:UKEAO:Germany
Address Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100
Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. It has two operating segments, Banking and Wealth Management. Banking segment involves Commercial Banking, Private Banking, Non-banking, Consumer Credit and Other/Technology. Wealth Management segment involves Asset Management and Insurance.
55GF Score

Get the complete analysis for CDEFF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.89
Price
$9.29
GF Value