RAIFY (Raiffeisen Bank International AG) Cyclically Adjusted Book per Share: $15.08 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RAIFY Raiffeisen Bank International AG RAIFY
55 GF Score
Price $18.51
GF Value $5.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Raiffeisen Bank International AG Cyclically Adjusted Book per Share?

Raiffeisen Bank International AG RAIFY 55 Cyclically Adjusted Book per Share is $15.08 as of Jun. 2026. GuruFocus rates RAIFY with a GF Score™ of 55/100 and a GF Value™ of $5.44 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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 International AG's adjusted book value per share for the three months ended in Jun. 2026 was $18.999. 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 $15.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Raiffeisen Bank International AG's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Raiffeisen Bank International AG was 6.40% per year. The lowest was 0.00% per year. And the median was 3.85% per year.

As of today (2026-09-17), Raiffeisen Bank International AG's current stock price is $18.51. Raiffeisen Bank International AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $15.08. Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raiffeisen Bank International AG was 1.21. The lowest was 0.24. And the median was 0.50.


Raiffeisen Bank International AG  (OTCPK:RAIFY) 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 International AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.51/15.078
=1.23

* 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 International AG was 1.21. The lowest was 0.24. And the median was 0.50.


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 International AG Cyclically Adjusted Book per Share Related Terms


Raiffeisen Bank International AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG Cyclically Adjusted Book per Share Chart

Raiffeisen Bank International AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.60 12.41 12.85 13.43 14.70

Raiffeisen Bank International AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.01 14.15 14.48 14.84 15.08

RAIFY vs USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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 International AG Cyclically Adjusted PB Ratio vs Banks Industry

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

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


RAIFY
55GF Score
Raiffeisen Bank International AG RAIFY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raiffeisen Bank International AG 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 International AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.999/142.7100*142.7100
=18.999

Current CPI (Jun. 2026) = 142.7100.

Raiffeisen Bank International AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.667 101.192 12.223
201612 8.324 102.092 11.636
201703 8.196 102.592 11.401
201706 8.882 102.991 12.307
201709 9.365 103.591 12.901
201712 9.683 104.291 13.250
201803 10.175 104.491 13.897
201806 9.626 105.091 13.072
201809 9.895 105.691 13.361
201812 9.817 106.291 13.181
201903 10.006 106.391 13.422
201906 10.209 106.791 13.643
201909 10.123 106.991 13.503
201912 10.784 108.091 14.238
202003 10.065 108.024 13.297
202006 10.701 107.915 14.151
202009 11.058 108.348 14.565
202012 11.780 109.321 15.378
202103 11.591 110.186 15.012
202106 11.959 110.943 15.383
202109 12.162 111.916 15.508
202112 11.985 113.971 15.007
202203 12.022 117.647 14.583
202206 13.079 120.567 15.481
202209 13.247 123.811 15.269
202212 13.936 125.541 15.842
202303 14.548 128.460 16.162
202306 14.695 130.191 16.108
202309 14.680 131.272 15.959
202312 15.340 132.570 16.513
202403 15.458 133.759 16.492
202406 15.888 134.083 16.910
202409 16.583 133.651 17.707
202412 14.629 135.273 15.433
202503 16.523 137.760 17.117
202506 17.492 138.517 18.022
202509 18.040 138.950 18.528
202512 18.640 140.350 18.953
202603 18.617 142.160 18.689
202606 18.999 142.710 18.999

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

What does a Cyclically Adjusted Book per Share of $15.08 mean?
Raiffeisen Bank International AG (RAIFY) has a Cyclically Adjusted Book per Share of $15.08 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Raiffeisen Bank International AG and its competitors.
Is Raiffeisen Bank International AG's Cyclically Adjusted Book per Share too high?
Raiffeisen Bank International AG's current Cyclically Adjusted Book per Share is $15.08. Overall, Raiffeisen Bank International AG has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raiffeisen Bank International AG's Cyclically Adjusted Book per Share compare to USB?
Raiffeisen Bank International AG's Cyclically Adjusted Book per Share of $15.08 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Raiffeisen Bank International AG and its competitors. Raiffeisen Bank International AG's current Cyclically Adjusted Book per Share is $15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raiffeisen Bank International AG stock overvalued right now?
Based on GuruFocus' analysis, Raiffeisen Bank International AG (RAIFY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.44, compared to a current price of $18.51 — trading 240.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $15.08. Raiffeisen Bank International AG's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Raiffeisen Bank International AG (RAIFY), the current Cyclically Adjusted Book per Share is $15.08 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Raiffeisen Bank International AG (RAIFY) Overvalued in 2026?

Based on GuruFocus' analysis, Raiffeisen Bank International AG stock appears to be overvalued. The current stock price of $18.51 is trading 240.3% above its estimated GF Value™ of $5.44. GuruFocus considers Raiffeisen Bank International AG to be Significantly Overvalued.

Key valuation signals for RAIFY:

  • Cyclically Adjusted Book per Share: $15.08
  • GF Value™: $5.44 vs. price of $18.51 (240.3% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the RAIFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raiffeisen Bank International AG Business Description

Address Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG is a corporate and investment bank with Central and Eastern Europe (CEE) as its home market. The group also includes financial service providers in leasing, asset management, factoring, and M&A. Its segments are as follows: The Central Europe segment covers the Czech Republic, Hungary, Poland, and Slovakia, offering corporate and retail banking, leasing, asset management, and building society services. Southeastern Europe includes Albania, Bosnia and Herzegovina, Romania, and Serbia, providing banking, leasing, asset management, and pension fund services. Eastern Europe comprises Russia, where RBI serves corporate and private customers and leasing. Ukraine is served through a bank offering full financial services via digital channels and branches.
55GF Score

Get the complete analysis for RAIFY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.51
Price
$5.44
GF Value