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Kuznetsky Bank PJSC (MIC:KUZB) Cyclically Adjusted Book per Share : ₽0.04 (As of Sep. 2023)


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What is Kuznetsky Bank PJSC 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.

Kuznetsky Bank PJSC's adjusted book value per share for the three months ended in Sep. 2023 was ₽0.042. 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 ₽0.04 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Kuznetsky Bank PJSC's average Cyclically Adjusted Book Growth Rate was 33.30% 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 (2024-05-24), Kuznetsky Bank PJSC's current stock price is ₽0.0583. Kuznetsky Bank PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽0.04. Kuznetsky Bank PJSC's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuznetsky Bank PJSC was 2.51. The lowest was 0.33. And the median was 0.68.


Kuznetsky Bank PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuznetsky Bank PJSC'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.

Kuznetsky Bank PJSC Cyclically Adjusted Book per Share Chart

Kuznetsky Bank PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.03 0.03

Kuznetsky Bank PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23 Sep23
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 0.03 0.03 0.03 0.04 0.04

Competitive Comparison of Kuznetsky Bank PJSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Kuznetsky Bank PJSC'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.


Kuznetsky Bank PJSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Kuznetsky Bank PJSC 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, Kuznetsky Bank PJSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.042/242.6000*242.6000
=0.042

Current CPI (Sep. 2023) = 242.6000.

Kuznetsky Bank PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 115.700 0.000
201212 0.019 117.300 0.039
201303 0.000 119.500 0.000
201306 0.000 121.400 0.000
201309 0.000 122.800 0.000
201312 0.021 124.900 0.041
201403 0.000 127.800 0.000
201406 0.000 130.900 0.000
201409 0.000 132.700 0.000
201412 0.023 139.000 0.040
201503 0.000 149.400 0.000
201506 0.000 150.900 0.000
201509 0.000 153.500 0.000
201512 0.022 157.000 0.034
201603 0.000 160.200 0.000
201606 0.000 162.200 0.000
201609 0.022 163.300 0.033
201612 0.028 165.400 0.041
201703 0.000 167.000 0.000
201706 0.028 169.200 0.040
201709 0.030 168.200 0.043
201712 0.031 169.600 0.044
201803 0.034 171.000 0.048
201806 0.035 173.100 0.049
201809 0.024 173.900 0.033
201812 0.024 176.800 0.033
201903 0.025 179.900 0.034
201906 0.027 181.200 0.036
201909 0.028 180.800 0.038
201912 0.025 182.200 0.033
202003 0.025 184.500 0.033
202006 0.025 187.000 0.032
202009 0.027 187.400 0.035
202012 0.028 191.100 0.036
202103 0.027 195.200 0.034
202106 0.027 199.100 0.033
202109 0.028 201.300 0.034
202112 0.028 207.200 0.033
202306 0.045 238.300 0.046
202309 0.042 242.600 0.042

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


Kuznetsky Bank PJSC  (MIC:KUZB) 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.

Kuznetsky Bank PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0583/0.04
=1.46

* 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 Kuznetsky Bank PJSC was 2.51. The lowest was 0.33. And the median was 0.68.


Be Aware

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


Kuznetsky Bank PJSC Cyclically Adjusted Book per Share Related Terms

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


Kuznetsky Bank PJSC (MIC:KUZB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Red, 104, Penza, RUS, 440000
Kuznetsky Bank PJSC is a financial and credit institution. It provides its clients with various banking products. Some of its services are consumer lending, cash management services, production of plastic cards, rental of safe deposit boxes among others.

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