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ABN AMRO Bank NV (STU:AB2A) Cyclically Adjusted Book per Share : €27.09 (As of Mar. 2025)


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What is ABN AMRO Bank NV 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.

ABN AMRO Bank NV's adjusted book value per share for the three months ended in Mar. 2025 was €33.024. 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 €27.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ABN AMRO Bank NV's average Cyclically Adjusted Book Growth Rate was 6.70% 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 (2025-07-05), ABN AMRO Bank NV's current stock price is €23.20. ABN AMRO Bank NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €27.09. ABN AMRO Bank NV's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ABN AMRO Bank NV was 0.83. The lowest was 0.51. And the median was 0.59.


ABN AMRO Bank NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for ABN AMRO Bank NV'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.

ABN AMRO Bank NV Cyclically Adjusted Book per Share Chart

ABN AMRO Bank NV 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 - - - 24.57 26.44

ABN AMRO Bank NV 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 26.17 26.37 26.42 26.44 27.09

Competitive Comparison of ABN AMRO Bank NV's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, ABN AMRO Bank NV'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.


ABN AMRO Bank NV's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where ABN AMRO Bank NV's Cyclically Adjusted PB Ratio falls into.


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ABN AMRO Bank NV 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, ABN AMRO Bank NV'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)
=33.024/133.3300*133.3300
=33.024

Current CPI (Mar. 2025) = 133.3300.

ABN AMRO Bank NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.230 0.000
201509 18.172 100.500 24.108
201512 18.689 99.730 24.986
201603 19.103 100.310 25.391
201606 19.101 100.260 25.401
201609 19.305 100.570 25.593
201612 20.140 100.710 26.663
201703 20.635 101.440 27.122
201706 21.110 101.370 27.766
201709 22.284 102.030 29.120
201712 22.670 101.970 29.642
201803 22.785 102.470 29.647
201806 22.601 103.100 29.228
201809 22.612 103.950 29.003
201812 22.721 103.970 29.137
201903 23.000 105.370 29.103
201906 22.676 105.840 28.566
201909 22.335 106.700 27.909
201912 22.841 106.800 28.515
202003 22.060 106.850 27.527
202006 22.982 107.510 28.501
202009 22.161 107.880 27.389
202012 22.330 107.850 27.606
202103 22.514 108.870 27.572
202106 22.907 109.670 27.849
202109 23.320 110.790 28.064
202112 23.398 114.010 27.363
202203 24.391 119.460 27.223
202206 25.095 119.050 28.105
202209 25.317 126.890 26.602
202212 25.418 124.940 27.125
202303 26.153 124.720 27.958
202306 26.623 125.830 28.210
202309 27.286 127.160 28.610
202312 27.919 126.450 29.438
202403 29.752 128.580 30.851
202406 30.003 129.910 30.793
202409 30.979 131.610 31.384
202412 31.338 131.630 31.743
202503 33.024 133.330 33.024

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


ABN AMRO Bank NV  (STU:AB2A) 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.

ABN AMRO Bank NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.20/27.09
=0.86

* 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 ABN AMRO Bank NV was 0.83. The lowest was 0.51. And the median was 0.59.


Be Aware

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


ABN AMRO Bank NV Cyclically Adjusted Book per Share Related Terms

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


ABN AMRO Bank NV Business Description

Industry
Address
Gustav Mahlerlaan 10, PO Box 283, Amsterdam, NLD, 1082 PP
The Netherlands accounts for around 90% of ABN Amro's operating profit. Operationally, retail and commercial banking contributes the majority of its operating profit, while ABN Amro continues to reduce its exposure to corporate and investment banking. It views private banking as one of its key growth areas.

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