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CRZBF (Commerzbank AG) Cyclically Adjusted Book per Share : $30.25 (As of Mar. 2025)


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What is Commerzbank AG 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.

Commerzbank AG's adjusted book value per share for the three months ended in Mar. 2025 was $33.528. 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 $30.25 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Commerzbank AG's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.40% 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 Commerzbank AG was -0.30% per year. The lowest was -24.50% per year. And the median was -18.25% per year.

As of today (2025-05-24), Commerzbank AG's current stock price is $29.22194. Commerzbank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $30.25. Commerzbank AG's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commerzbank AG was 0.96. The lowest was 0.05. And the median was 0.16.


Commerzbank AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Cyclically Adjusted Book per Share Chart

Commerzbank AG 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 42.41 31.31 29.07 30.09 27.20

Commerzbank AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 29.41 29.28 27.51 27.20 30.25

Competitive Comparison of Commerzbank AG's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Commerzbank AG 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, Commerzbank AG's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=33.528/127.7792*127.7792
=33.528

Current CPI (Mar. 2025) = 127.7792.

Commerzbank AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.868 100.417 32.917
201509 26.104 100.417 33.217
201512 25.330 99.717 32.458
201603 25.969 100.017 33.177
201606 25.734 100.717 32.649
201609 25.414 101.017 32.147
201612 24.045 101.217 30.355
201703 24.531 101.417 30.908
201706 25.362 102.117 31.736
201709 27.241 102.717 33.888
201712 27.269 102.617 33.955
201803 27.446 102.917 34.076
201806 26.125 104.017 32.093
201809 26.441 104.718 32.264
201812 25.632 104.217 31.427
201903 25.423 104.217 31.171
201906 25.418 105.718 30.722
201909 25.872 106.018 31.183
201912 25.911 105.818 31.289
202003 25.812 105.718 31.199
202006 27.439 106.618 32.885
202009 28.965 105.818 34.976
202012 26.670 105.518 32.297
202103 26.806 107.518 31.857
202106 27.051 108.486 31.862
202109 26.924 109.435 31.437
202112 26.031 110.384 30.133
202203 25.442 113.968 28.525
202206 24.917 115.760 27.504
202209 23.501 118.818 25.273
202212 25.414 119.345 27.210
202303 26.362 122.402 27.520
202306 27.055 123.140 28.074
202309 27.284 124.195 28.071
202312 28.130 123.773 29.041
202403 29.523 125.038 30.170
202406 29.322 125.882 29.764
202409 31.491 126.198 31.886
202412 31.287 127.041 31.469
202503 33.528 127.779 33.528

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


Commerzbank AG  (OTCPK:CRZBF) 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.

Commerzbank AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.22194/30.25
=0.97

* 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 Commerzbank AG was 0.96. The lowest was 0.05. And the median was 0.16.


Be Aware

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


Commerzbank AG Cyclically Adjusted Book per Share Related Terms

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


Commerzbank AG Business Description

Industry
Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.