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Raiffeisen Bank Aval JSC (PFTS:BAVL) Cyclically Adjusted Book per Share : ₴0.28 (As of Sep. 2024)


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What is Raiffeisen Bank Aval JSC 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.

Raiffeisen Bank Aval JSC's adjusted book value per share for the three months ended in Sep. 2024 was ₴0.471. 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 ₴0.28 for the trailing ten years ended in Sep. 2024.

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 (2024-12-14), Raiffeisen Bank Aval JSC's current stock price is ₴0.34. Raiffeisen Bank Aval JSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₴0.28. Raiffeisen Bank Aval JSC's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raiffeisen Bank Aval JSC was 1.58. The lowest was 1.14. And the median was 1.52.


Raiffeisen Bank Aval JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Raiffeisen Bank Aval JSC'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.

Raiffeisen Bank Aval JSC Cyclically Adjusted Book per Share Chart

Raiffeisen Bank Aval JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.27

Raiffeisen Bank Aval JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.27 - 0.28 0.28

Competitive Comparison of Raiffeisen Bank Aval JSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Raiffeisen Bank Aval JSC'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.


Raiffeisen Bank Aval JSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Raiffeisen Bank Aval JSC's Cyclically Adjusted PB Ratio falls into.



Raiffeisen Bank Aval JSC 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, Raiffeisen Bank Aval JSC's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.471/133.0289*133.0289
=0.471

Current CPI (Sep. 2024) = 133.0289.

Raiffeisen Bank Aval JSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.270 96.871 0.371
201312 0.301 98.326 0.407
201412 0.131 99.070 0.176
201503 0.000 99.621 0.000
201512 0.182 99.792 0.243
201603 0.232 100.470 0.307
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.149 101.863 0.195
201703 0.173 102.862 0.224
201706 0.135 103.349 0.174
201709 0.155 104.136 0.198
201712 0.177 104.011 0.226
201803 0.199 105.290 0.251
201806 0.152 106.317 0.190
201809 0.173 106.507 0.216
201812 0.191 105.998 0.240
201903 0.209 107.251 0.259
201906 0.173 108.070 0.213
201909 0.192 108.329 0.236
201912 0.214 108.420 0.263
202003 0.226 108.902 0.276
202006 0.249 108.767 0.305
202009 0.197 109.815 0.239
202012 0.213 109.897 0.258
202103 0.230 111.754 0.274
202106 0.217 114.631 0.252
202109 0.239 115.734 0.275
202112 0.257 117.630 0.291
202203 0.255 121.301 0.280
202206 0.266 125.017 0.283
202209 0.294 125.227 0.312
202212 0.281 125.222 0.299
202303 0.315 127.348 0.329
202306 0.332 128.729 0.343
202309 0.381 129.860 0.390
202312 0.359 129.419 0.369
202403 0.000 131.776 0.000
202406 0.434 132.554 0.436
202409 0.471 133.029 0.471

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


Raiffeisen Bank Aval JSC  (PFTS:BAVL) 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.

Raiffeisen Bank Aval JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.34/0.28
=1.21

* 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 Raiffeisen Bank Aval JSC was 1.58. The lowest was 1.14. And the median was 1.52.


Be Aware

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


Raiffeisen Bank Aval JSC Cyclically Adjusted Book per Share Related Terms

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


Raiffeisen Bank Aval JSC Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
9, Leskova Street, Kyiv, UKR, 01011
Raiffeisen Bank Aval JSC is a Ukraine based bank. It provides banking services to private individuals, corporate clients, and small and micro enterprises in Ukraine through electronic channels. It offers services and products to private individuals, including deposits; money transfers in UAH and foreign currencies, with or without opening an account; a wide list of new payment instruments including MasterCard and Visa International cards; consumer loans and many others. Its segments include Corporate & Small enterprises, Micro customers & Private individuals, Financial institutions, and Proprietary business. The majority of its revenue comes from Corporate & Small enterprises segment.

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