GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Sabadell SA (FRA:BDSB) » Definitions » Cyclically Adjusted Book per Share

Banco debadell (FRA:BDSB) Cyclically Adjusted Book per Share : €2.67 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Banco debadell 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.

Banco debadell's adjusted book value per share for the three months ended in Mar. 2024 was €2.624. 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 €2.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco debadell's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Banco debadell was 3.70% per year. The lowest was 1.50% per year. And the median was 2.45% per year.

As of today (2024-05-21), Banco debadell's current stock price is €1.8995. Banco debadell's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.67. Banco debadell's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco debadell was 0.84. The lowest was 0.11. And the median was 0.39.


Banco debadell Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco debadell'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.

Banco debadell Cyclically Adjusted Book per Share Chart

Banco debadell 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 2.34 2.43 2.43 2.57 2.57

Banco debadell 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 2.61 2.55 2.62 2.57 2.67

Competitive Comparison of Banco debadell's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Banco debadell'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.


Banco debadell's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco debadell 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, Banco debadell'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)
=2.624/122.7621*122.7621
=2.624

Current CPI (Mar. 2024) = 122.7621.

Banco debadell Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.156 101.081 2.618
201409 2.235 100.441 2.732
201412 2.228 100.251 2.728
201503 2.775 99.474 3.425
201506 2.282 101.138 2.770
201509 2.257 99.559 2.783
201512 2.287 100.268 2.800
201603 2.282 98.638 2.840
201606 2.270 100.333 2.777
201609 2.328 99.737 2.865
201612 2.293 101.842 2.764
201703 2.334 100.896 2.840
201706 2.288 101.848 2.758
201709 2.299 101.524 2.780
201712 2.304 102.975 2.747
201803 2.262 102.122 2.719
201806 2.102 104.165 2.477
201809 2.132 103.818 2.521
201812 2.118 104.193 2.495
201903 2.208 103.488 2.619
201906 2.250 104.612 2.640
201909 2.317 103.905 2.737
201912 2.302 105.015 2.691
202003 2.266 103.469 2.689
202006 2.257 104.254 2.658
202009 2.259 103.521 2.679
202012 2.226 104.456 2.616
202103 2.250 104.857 2.634
202106 2.258 107.102 2.588
202109 2.291 107.669 2.612
202112 2.322 111.298 2.561
202203 2.310 115.153 2.463
202206 2.329 118.044 2.422
202209 2.385 117.221 2.498
202212 2.330 117.650 2.431
202303 2.340 118.948 2.415
202306 2.407 120.278 2.457
202309 2.530 121.343 2.560
202312 2.562 121.300 2.593
202403 2.624 122.762 2.624

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


Banco debadell  (FRA:BDSB) 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.

Banco debadell's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.8995/2.67
=0.71

* 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 Banco debadell was 0.84. The lowest was 0.11. And the median was 0.39.


Be Aware

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


Banco debadell Cyclically Adjusted Book per Share Related Terms

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


Banco debadell (FRA:BDSB) Business Description

Industry
Address
Avenida Oscar Espla, 37, Alicante, ESP, 03007
Banco de Sabadell S.A is a Spanish retail and commercial bank operating mostly in Spain, but with a notable lending presence in the United Kingdom and the Americas. Its strategy emphasizes scaling its current customer base and laying the foundation for international expansion. Banco de Sabadell's largest business line is commercial banking, which focuses on providing financial products and services to large corporations, small to medium-size enterprises, retailers and sole proprietors, professional groupings, entrepreneurs, and personal customers. Loans and advances constitute a majority of the bank's earning assets. Its credit risk is mostly exposed to mortgage loans, followed by sovereign debt.

Banco debadell (FRA:BDSB) Headlines

No Headlines