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Citizens Financial Group (MEX:CFG) Cyclically Adjusted Book per Share : MXN1,099.04 (As of Mar. 2025)


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What is Citizens Financial Group 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.

Citizens Financial Group's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,063.558. 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 MXN1,099.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Citizens Financial Group's average Cyclically Adjusted Book Growth Rate was 3.10% 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.

As of today (2025-05-28), Citizens Financial Group's current stock price is MXN854.74. Citizens Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN1,099.04. Citizens Financial Group's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Citizens Financial Group was 0.93. The lowest was 0.46. And the median was 0.70.


Citizens Financial Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Citizens Financial Group'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.

Citizens Financial Group Cyclically Adjusted Book per Share Chart

Citizens Financial Group 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 - - 923.82 1,184.00 1,015.23

Citizens Financial Group 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 757.00 767.69 1,013.35 1,015.23 1,099.04

Competitive Comparison of Citizens Financial Group's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Citizens Financial Group'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.


Citizens Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Citizens Financial Group 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, Citizens Financial Group'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)
=1063.558/134.9266*134.9266
=1,063.558

Current CPI (Mar. 2025) = 134.9266.

Citizens Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 564.894 100.684 757.015
201509 619.795 100.392 833.007
201512 632.024 99.792 854.543
201603 641.716 100.470 861.792
201606 698.328 101.688 926.588
201609 743.868 101.861 985.339
201612 785.287 101.863 1,040.186
201703 724.312 102.862 950.096
201706 708.096 103.349 924.449
201709 721.626 104.136 934.998
201712 801.205 104.011 1,039.349
201803 738.254 105.290 946.059
201806 808.785 106.317 1,026.429
201809 778.505 106.507 986.239
201812 841.720 105.998 1,071.440
201903 858.133 107.251 1,079.575
201906 876.076 108.070 1,093.796
201909 921.383 108.329 1,147.602
201912 898.365 108.420 1,117.997
202003 1,120.218 108.902 1,387.926
202006 1,106.070 108.767 1,372.088
202009 1,060.601 109.815 1,303.132
202012 964.218 109.897 1,183.826
202103 992.847 111.754 1,198.713
202106 989.733 114.631 1,164.963
202109 1,032.876 115.734 1,204.159
202112 1,040.237 117.630 1,193.201
202203 944.171 121.301 1,050.229
202206 905.706 125.017 977.499
202209 857.266 125.227 923.670
202212 858.441 125.222 924.971
202303 826.313 127.348 875.489
202306 779.070 128.729 816.580
202309 779.517 129.860 809.934
202312 812.578 129.419 847.156
202403 787.199 131.776 806.019
202406 879.965 132.554 895.717
202409 1,009.244 133.029 1,023.641
202412 1,048.175 133.157 1,062.104
202503 1,063.558 134.927 1,063.558

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


Citizens Financial Group  (MEX:CFG) 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.

Citizens Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=854.74/1099.04
=0.78

* 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 Citizens Financial Group was 0.93. The lowest was 0.46. And the median was 0.70.


Be Aware

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


Citizens Financial Group Cyclically Adjusted Book per Share Related Terms

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


Citizens Financial Group Business Description

Address
One Citizens Plaza, Providence, RI, USA, 02903
Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through the bank, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The company's reportable segments are; Commercial Banking, Consumer Banking, Non-Core, and Others. A majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management and investment services.