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Swedbank AB (LTS:0H6T) Cyclically Adjusted Book per Share : kr157.80 (As of Mar. 2025)


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What is Swedbank AB 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.

Swedbank AB's adjusted book value per share for the three months ended in Mar. 2025 was kr178.279. 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 kr157.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Swedbank AB's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Swedbank AB was 9.20% per year. The lowest was 2.40% per year. And the median was 7.60% per year.

As of today (2025-05-29), Swedbank AB's current stock price is kr256.35. Swedbank AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr157.80. Swedbank AB's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Swedbank AB was 2.01. The lowest was 0.91. And the median was 1.35.


Swedbank AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB Cyclically Adjusted Book per Share Chart

Swedbank AB 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 117.15 123.45 142.06 150.53 157.29

Swedbank AB 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 151.74 154.63 155.44 157.29 157.80

Competitive Comparison of Swedbank AB's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Swedbank AB'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.


Swedbank AB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Swedbank AB 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, Swedbank AB'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)
=178.279/132.8245*132.8245
=178.279

Current CPI (Mar. 2025) = 132.8245.

Swedbank AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 103.084 99.995 136.928
201509 107.538 100.228 142.512
201512 111.419 100.276 147.585
201603 113.346 100.751 149.429
201606 107.399 101.019 141.213
201609 111.637 101.138 146.614
201612 116.603 102.022 151.809
201703 107.287 102.022 139.680
201706 111.335 102.752 143.919
201709 115.715 103.279 148.818
201712 117.841 103.793 150.802
201803 109.741 103.962 140.208
201806 114.688 104.875 145.253
201809 119.714 105.679 150.465
201812 123.040 105.912 154.305
201903 113.179 105.886 141.973
201906 115.714 106.742 143.989
201909 119.596 107.214 148.164
201912 123.945 107.766 152.766
202003 126.398 106.563 157.548
202006 128.924 107.498 159.299
202009 134.433 107.635 165.894
202012 138.544 108.296 169.924
202103 137.114 108.360 168.071
202106 142.111 108.928 173.288
202109 146.787 110.338 176.701
202112 144.164 112.486 170.230
202203 137.655 114.825 159.233
202206 143.848 118.384 161.395
202209 150.669 122.296 163.640
202212 156.759 126.365 164.772
202303 154.135 127.042 161.151
202306 164.143 129.407 168.478
202309 171.535 130.224 174.961
202312 176.708 131.912 177.931
202403 170.729 132.205 171.529
202406 177.383 132.716 177.528
202409 185.570 132.304 186.300
202412 194.500 132.987 194.262
202503 178.279 132.825 178.279

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


Swedbank AB  (LTS:0H6T) 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.

Swedbank AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=256.35/157.80
=1.62

* 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 Swedbank AB was 2.01. The lowest was 0.91. And the median was 1.35.


Be Aware

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


Swedbank AB Cyclically Adjusted Book per Share Related Terms

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


Swedbank AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (LTS:0H6T) » Definitions » Cyclically Adjusted Book per Share
Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

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