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Pareto Bank ASA (OSL:PARB) Cyclically Adjusted Book per Share : kr56.89 (As of Mar. 2025)


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What is Pareto Bank ASA 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.

Pareto Bank ASA's adjusted book value per share for the three months ended in Mar. 2025 was kr73.055. 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 kr56.89 for the trailing ten years ended in Mar. 2025.

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 (2025-05-29), Pareto Bank ASA's current stock price is kr81.90. Pareto Bank ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr56.89. Pareto Bank ASA's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Pareto Bank ASA was 1.43. The lowest was 1.17. And the median was 1.24.


Pareto Bank ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pareto Bank ASA'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.

Pareto Bank ASA Cyclically Adjusted Book per Share Chart

Pareto Bank ASA 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 - - - - 55.91

Pareto Bank ASA 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 - 53.29 54.39 55.91 56.89

Competitive Comparison of Pareto Bank ASA's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Pareto Bank ASA'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.


Pareto Bank ASA's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Pareto Bank ASA 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, Pareto Bank ASA'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)
=73.055/136.1000*136.1000
=73.055

Current CPI (Mar. 2025) = 136.1000.

Pareto Bank ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 25.319 100.900 34.152
201603 29.902 102.500 39.704
201606 31.057 103.800 40.721
201609 32.304 104.200 42.194
201612 33.797 104.400 44.059
201703 32.228 105.000 41.774
201706 33.496 105.800 43.089
201709 34.952 105.900 44.919
201712 36.194 106.100 46.428
201803 35.937 107.300 45.583
201806 40.062 108.500 50.253
201809 41.339 109.500 51.381
201812 42.696 109.800 52.923
201903 44.360 110.400 54.687
201906 44.297 110.600 54.510
201909 45.028 111.100 55.160
201912 46.634 111.300 57.025
202003 47.608 111.200 58.268
202006 49.398 112.100 59.974
202009 50.838 112.900 61.285
202012 50.619 112.900 61.021
202103 52.297 114.600 62.108
202106 54.143 115.300 63.910
202109 55.941 117.500 64.796
202112 54.713 118.900 62.628
202203 54.401 119.800 61.803
202206 56.250 122.600 62.444
202209 58.145 125.600 63.006
202212 60.471 125.900 65.370
202303 61.930 127.600 66.055
202306 62.532 130.400 65.265
202309 63.218 129.800 66.286
202312 65.183 131.900 67.259
202403 67.300 132.600 69.076
202406 66.838 133.800 67.987
202409 68.903 133.700 70.140
202412 70.806 134.800 71.489
202503 73.055 136.100 73.055

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


Pareto Bank ASA  (OSL:PARB) 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.

Pareto Bank ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.90/56.89
=1.44

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Pareto Bank ASA was 1.43. The lowest was 1.17. And the median was 1.24.


Be Aware

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


Pareto Bank ASA Cyclically Adjusted Book per Share Related Terms

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


Pareto Bank ASA Business Description

Industry
Traded in Other Exchanges
Address
Dronning Mauds gate 3, P.O. Box 1823, Vika, Oslo, NOR, 0123
Pareto Bank ASA operates as a commercial bank in Norway. It offers diversified financial services including accepting deposits, financing of construction and rehabilitation of housing, financing solutions for companies, owners and investors, financing of shipping and offshore projects, banking. The bank also offers credit cards and online banking.

Pareto Bank ASA Headlines

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