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KEYPK.PFD (KeyCorp) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2024)


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What is KeyCorp Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

KeyCorp's adjusted book value per share for the three months ended in Dec. 2024 was $15.858. 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 $0.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, KeyCorp's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 KeyCorp was 7.30% per year. The lowest was -5.50% per year. And the median was 4.35% per year.

As of today (2025-03-04), KeyCorp's current stock price is $22.65. KeyCorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.00. KeyCorp's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KeyCorp was 1.81. The lowest was 0.56. And the median was 1.17.


KeyCorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for KeyCorp'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.

KeyCorp Cyclically Adjusted Book per Share Chart

KeyCorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
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KeyCorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of KeyCorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, KeyCorp'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.


KeyCorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



KeyCorp 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, KeyCorp'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)
=15.858/133.1571*133.1571
=15.858

Current CPI (Dec. 2024) = 133.1571.

KeyCorp Quarterly Data

Book Value per Share CPI Adj_Book
201503 12.120 99.621 16.200
201506 12.209 100.684 16.147
201509 12.469 100.392 16.539
201512 12.511 99.792 16.694
201603 12.794 100.470 16.956
201606 13.081 101.688 17.129
201609 12.782 101.861 16.709
201612 12.577 101.863 16.441
201703 12.712 102.862 16.456
201706 13.020 103.349 16.775
201709 13.182 104.136 16.856
201712 13.093 104.011 16.762
201803 13.070 105.290 16.529
201806 13.292 106.317 16.648
201809 13.302 106.507 16.630
201812 13.874 105.998 17.429
201903 14.286 107.251 17.737
201906 15.022 108.070 18.509
201909 15.392 108.329 18.920
201912 15.314 108.420 18.808
202003 15.691 108.902 19.186
202006 15.823 108.767 19.371
202009 16.005 109.815 19.407
202012 16.267 109.897 19.710
202103 15.916 111.754 18.964
202106 16.227 114.631 18.849
202109 15.791 115.734 18.168
202112 15.703 117.630 17.776
202203 13.563 121.301 14.889
202206 12.672 125.017 13.497
202209 10.915 125.227 11.606
202212 11.081 125.222 11.783
202303 11.959 127.348 12.505
202306 11.476 128.729 11.871
202309 10.982 129.860 11.261
202312 12.278 129.419 12.633
202403 12.187 131.776 12.315
202406 12.431 132.554 12.488
202409 14.518 133.029 14.532
202412 15.858 133.157 15.858

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


KeyCorp  (NYSE:KEYpK.PFD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KeyCorp was 1.81. The lowest was 0.56. And the median was 1.17.


Be Aware

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


KeyCorp Cyclically Adjusted Book per Share Related Terms

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


KeyCorp Business Description

Industry
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $180 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.