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Bank Polska Kasa Opieki (CHIX:PEOW) Cyclically Adjusted Book per Share : zł72.94 (As of Mar. 2024)


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What is Bank Polska Kasa Opieki 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 Polska Kasa Opieki's adjusted book value per share for the three months ended in Mar. 2024 was zł120.661. 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 zł72.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Polska Kasa Opieki's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Polska Kasa Opieki was 9.10% per year. The lowest was 8.80% per year. And the median was 8.95% per year.

As of today (2024-05-13), Bank Polska Kasa Opieki's current stock price is zł110.10. Bank Polska Kasa Opieki's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł72.94. Bank Polska Kasa Opieki's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Polska Kasa Opieki was 1.55. The lowest was 0.45. And the median was 0.85.


Bank Polska Kasa Opieki Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank Polska Kasa Opieki'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 Polska Kasa Opieki Cyclically Adjusted Book per Share Chart

Bank Polska Kasa Opieki 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 97.92 169.04 92.10 147.78 87.46

Bank Polska Kasa Opieki Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 155.75 120.39 130.83 87.46 72.94

Competitive Comparison of Bank Polska Kasa Opieki's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank Polska Kasa Opieki'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 Polska Kasa Opieki's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank Polska Kasa Opieki's Cyclically Adjusted PB Ratio falls into.



Bank Polska Kasa Opieki 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 Polska Kasa Opieki'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)
=120.661/147.5783*147.5783
=120.661

Current CPI (Mar. 2024) = 147.5783.

Bank Polska Kasa Opieki Quarterly Data

Book Value per Share CPI Adj_Book
201406 85.720 101.180 125.028
201409 89.056 100.611 130.630
201412 91.506 100.122 134.878
201503 93.376 100.041 137.747
201506 84.209 100.448 123.720
201509 87.045 99.634 128.932
201512 89.184 99.471 132.316
201603 91.582 98.983 136.544
201606 84.527 99.552 125.304
201609 86.579 99.064 128.979
201612 87.237 100.366 128.273
201703 89.087 101.018 130.149
201706 82.652 101.180 120.554
201709 84.783 101.343 123.463
201712 88.649 102.564 127.556
201803 87.666 102.564 126.142
201806 81.687 103.378 116.613
201809 83.776 103.378 119.595
201812 86.855 103.785 123.504
201903 87.949 104.274 124.474
201906 84.082 105.983 117.082
201909 86.911 105.983 121.021
201912 89.101 107.123 122.751
202003 90.562 109.076 122.529
202006 93.984 109.402 126.780
202009 95.775 109.320 129.293
202012 97.092 109.565 130.778
202103 96.363 112.658 126.233
202106 97.358 113.960 126.079
202109 95.201 115.588 121.549
202112 90.873 119.088 112.613
202203 89.468 125.031 105.603
202206 81.935 131.705 91.810
202209 79.769 135.531 86.860
202212 86.726 139.113 92.004
202303 95.799 145.950 96.868
202306 98.885 147.009 99.268
202309 107.912 146.113 108.994
202312 115.552 147.578 115.552
202403 120.661 147.578 120.661

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


Bank Polska Kasa Opieki  (CHIX:PEOw) 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 Polska Kasa Opieki's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=110.10/72.94
=1.51

* 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 Polska Kasa Opieki was 1.55. The lowest was 0.45. And the median was 0.85.


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 Polska Kasa Opieki Cyclically Adjusted Book per Share Related Terms

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


Bank Polska Kasa Opieki (CHIX:PEOW) Business Description

Traded in Other Exchanges
Address
53/57 Grzybowska Street, Warsaw, POL, 00-844
Bank Polska Kasa Opieki SA is a commercial banking group that provides a wide variety of retail and investment services primarily in Poland. The group's four segments include retail banking, private banking, corporate and investment banking, enterprise bankingand assets and liabilities management. Of these segments, retail banking is the greatest contributor to both net interest income and fee and commission income, followed by corporate and investment banking. The majority of the bank's revenue is net interest income, almost entirely derived from loans and receivables from customers.

Bank Polska Kasa Opieki (CHIX:PEOW) Headlines

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