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Metropolitan Bank & Trust Co (PHS:MBT) Cyclically Adjusted Book per Share : ₱76.30 (As of Dec. 2024)


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What is Metropolitan Bank & Trust Co 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.

Metropolitan Bank & Trust Co's adjusted book value per share for the three months ended in Dec. 2024 was ₱85.716. 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 ₱76.30 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Metropolitan Bank & Trust Co's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Metropolitan Bank & Trust Co was 11.00% per year. The lowest was 7.90% per year. And the median was 10.10% per year.

As of today (2025-04-25), Metropolitan Bank & Trust Co's current stock price is ₱72.80. Metropolitan Bank & Trust Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₱76.30. Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Metropolitan Bank & Trust Co was 2.24. The lowest was 0.65. And the median was 0.93.


Metropolitan Bank & Trust Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Metropolitan Bank & Trust Co'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.

Metropolitan Bank & Trust Co Cyclically Adjusted Book per Share Chart

Metropolitan Bank & Trust Co 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 53.67 60.77 67.24 71.70 76.30

Metropolitan Bank & Trust Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 71.70 73.58 74.62 75.59 76.30

Competitive Comparison of Metropolitan Bank & Trust Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Metropolitan Bank & Trust Co'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.


Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio falls into.


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Metropolitan Bank & Trust Co 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, Metropolitan Bank & Trust Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=85.716/133.1571*133.1571
=85.716

Current CPI (Dec. 2024) = 133.1571.

Metropolitan Bank & Trust Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 47.347 99.621 63.286
201506 50.203 100.684 66.395
201509 51.227 100.392 67.946
201512 51.581 99.792 68.827
201603 51.502 100.470 68.257
201606 52.813 101.688 69.157
201609 53.685 101.861 70.179
201612 52.243 101.863 68.293
201703 53.342 102.862 69.052
201706 54.715 103.349 70.496
201709 55.986 104.136 71.589
201712 51.767 104.011 66.273
201803 57.589 105.290 72.831
201806 60.099 106.317 75.271
201809 61.706 106.507 77.146
201812 62.929 105.998 79.053
201903 64.206 107.251 79.715
201906 65.941 108.070 81.249
201909 67.753 108.329 83.281
201912 68.842 108.420 84.549
202003 67.715 108.902 82.797
202006 71.732 108.767 87.817
202009 71.109 109.815 86.224
202012 72.087 109.897 87.345
202103 68.168 111.754 81.223
202106 69.630 114.631 80.883
202109 70.516 115.734 81.132
202112 70.820 117.630 80.169
202203 67.559 121.301 74.162
202206 67.472 125.017 71.865
202209 68.686 125.227 73.036
202212 70.820 125.222 75.308
202303 71.149 127.348 74.395
202306 73.340 128.729 75.863
202309 76.088 129.860 78.020
202312 79.304 129.419 81.594
202403 76.865 131.776 77.670
202406 78.954 132.554 79.313
202409 84.524 133.029 84.605
202412 85.716 133.157 85.716

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


Metropolitan Bank & Trust Co  (PHS:MBT) 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.

Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.80/76.30
=0.95

* 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 Metropolitan Bank & Trust Co was 2.24. The lowest was 0.65. And the median was 0.93.


Be Aware

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


Metropolitan Bank & Trust Co Cyclically Adjusted Book per Share Related Terms

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


Metropolitan Bank & Trust Co Business Description

Traded in Other Exchanges
Address
GT Tower International, 6813 Ayala Avenue, corner H.V, Dela Costa St., Brgy. Bel-Air, Makati, PHL, 1227
Metropolitan Bank & Trust Co is a Filipino bank that provides a diverse range of banking and collateral services. The company has different segments namely Consumer Banking, Corporate Banking, Investment Banking, Treasury, Branch Banking and Others. The Group operates in Philippines, Asia other than Philippines, USA and Europe.

Metropolitan Bank & Trust Co Headlines

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