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Sydbank A/S (Sydbank A/S) Cyclically Adjusted Book per Share : $6.41 (As of Mar. 2024)


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What is Sydbank A/S 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.

Sydbank A/S's adjusted book value per share for the three months ended in Mar. 2024 was $7.950. 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 $6.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sydbank A/S's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Sydbank A/S was 8.40% per year. The lowest was 5.90% per year. And the median was 7.80% per year.

As of today (2024-06-09), Sydbank A/S's current stock price is $10.41. Sydbank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.41. Sydbank A/S's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sydbank A/S was 1.82. The lowest was 0.56. And the median was 1.12.


Sydbank A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sydbank A/S'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.

Sydbank A/S Cyclically Adjusted Book per Share Chart

Sydbank A/S 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 4.17 4.38 5.32 5.55 6.49

Sydbank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.20 5.87 5.62 6.49 6.41

Competitive Comparison of Sydbank A/S's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Sydbank A/S'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.


Sydbank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sydbank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sydbank A/S's Cyclically Adjusted PB Ratio falls into.



Sydbank A/S 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, Sydbank A/S's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.95/118.4000*118.4000
=7.950

Current CPI (Mar. 2024) = 118.4000.

Sydbank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.347 99.700 6.350
201409 5.232 99.700 6.213
201412 5.110 99.400 6.087
201503 4.384 100.200 5.180
201506 4.608 100.300 5.440
201509 4.705 100.200 5.560
201512 4.675 99.800 5.546
201603 4.562 100.200 5.391
201606 4.760 100.600 5.602
201609 4.910 100.200 5.802
201612 4.797 100.300 5.663
201703 4.736 101.200 5.541
201706 5.106 101.200 5.974
201709 5.570 101.800 6.478
201712 5.670 101.300 6.627
201803 5.644 101.700 6.571
201806 5.786 102.300 6.697
201809 5.885 102.400 6.805
201812 5.840 102.100 6.772
201903 5.598 102.900 6.441
201906 5.704 102.900 6.563
201909 5.720 102.900 6.582
201912 5.882 102.900 6.768
202003 5.869 103.300 6.727
202006 6.133 103.200 7.036
202009 6.551 103.500 7.494
202012 6.878 103.400 7.876
202103 6.757 104.300 7.670
202106 7.060 105.000 7.961
202109 7.094 105.800 7.939
202112 6.855 106.600 7.614
202203 6.563 109.900 7.071
202206 6.405 113.600 6.676
202209 6.201 116.400 6.308
202212 7.028 115.900 7.180
202303 6.981 117.300 7.046
202306 7.454 116.400 7.582
202309 7.718 117.400 7.784
202312 8.422 116.700 8.545
202403 7.950 118.400 7.950

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


Sydbank A/S  (OTCPK:SYANY) 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.

Sydbank A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.41/6.41
=1.62

* 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 Sydbank A/S was 1.82. The lowest was 0.56. And the median was 1.12.


Be Aware

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


Sydbank A/S Cyclically Adjusted Book per Share Related Terms

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


Sydbank A/S (Sydbank A/S) Business Description

Industry
Traded in Other Exchanges
Address
Peberlyk 4, Aabenraa, DNK, 6200
Sydbank A/S is a Danish bank operating primarily in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.

Sydbank A/S (Sydbank A/S) Headlines

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