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Bank of Montreal (LTS:0UKH) Cyclically Adjusted Book per Share : C$0.00 (As of Apr. 2025)


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What is Bank of Montreal 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 of Montreal's adjusted book value per share for the three months ended in Apr. 2025 was C$115.694. 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 C$0.00 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Bank of Montreal's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 of Montreal was 11.80% per year. The lowest was 6.00% per year. And the median was 7.50% per year.

As of today (2025-05-29), Bank of Montreal's current stock price is C$143.87. Bank of Montreal's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was C$0.00. Bank of Montreal's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Montreal was 2.33. The lowest was 1.12. And the median was 1.87.


Bank of Montreal Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of Montreal'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 of Montreal Cyclically Adjusted Book per Share Chart

Bank of Montreal Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.70 65.32 68.37 81.78 89.66

Bank of Montreal Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 85.02 88.37 89.66 89.43 -

Competitive Comparison of Bank of Montreal's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Bank of Montreal'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 of Montreal's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Bank of Montreal 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 of Montreal's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book= Book Value per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=115.694/129.1809*129.1809
=115.694

Current CPI (Apr. 2025) = 129.1809.

Bank of Montreal Quarterly Data

Book Value per Share CPI Adj_Book
201507 55.362 100.579 71.105
201510 56.307 100.500 72.376
201601 59.635 100.184 76.895
201604 55.530 101.370 70.765
201607 58.055 101.844 73.638
201610 59.564 102.002 75.435
201701 59.510 102.318 75.134
201704 62.220 103.029 78.014
201707 59.650 103.029 74.791
201710 61.922 103.424 77.343
201801 59.777 104.056 74.211
201804 61.667 105.320 75.638
201807 63.316 106.110 77.082
201810 64.729 105.952 78.920
201901 67.370 105.557 82.448
201904 69.987 107.453 84.139
201907 70.880 108.243 84.590
201910 72.565 107.927 86.855
202001 74.240 108.085 88.730
202004 77.990 107.216 93.967
202007 77.624 108.401 92.504
202010 80.359 108.638 95.554
202101 80.709 109.192 95.484
202104 79.672 110.851 92.847
202107 82.945 112.431 95.302
202110 83.120 113.695 94.441
202201 86.598 114.801 97.445
202204 96.449 118.357 105.270
202207 94.822 120.964 101.263
202210 101.001 121.517 107.371
202301 100.913 121.596 107.208
202304 102.052 123.571 106.685
202307 98.892 124.914 102.270
202310 100.977 125.310 104.097
202401 101.949 125.072 105.298
202404 104.544 126.890 106.432
202407 110.330 128.075 111.283
202410 112.675 127.838 113.859
202501 117.746 127.443 119.352
202504 115.694 129.181 115.694

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


Bank of Montreal  (LTS:0UKH) 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 Bank of Montreal was 2.33. The lowest was 1.12. And the median was 1.87.


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 of Montreal Cyclically Adjusted Book per Share Related Terms

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


Bank of Montreal Business Description

Industry
Address
129 rue Saint Jacques, Montreal, QC, CAN, H2Y 1L6
Bank of Montreal is a diversified financial-services provider based in North America with over CAD 1.4 trillion in assets. BMO operates four business segments: Canadian personal and commercial banking, US personal and commercial banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the US.

Bank of Montreal Headlines

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