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CB Central Cooperative Bank AD (XBUL:CCB) Cyclically Adjusted Book per Share : лв4.60 (As of Dec. 2022)


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What is CB Central Cooperative Bank AD 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.

CB Central Cooperative Bank AD's adjusted book value per share for the three months ended in Dec. 2022 was лв5.081. 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 лв4.60 for the trailing ten years ended in Dec. 2022.

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 (2024-05-01), CB Central Cooperative Bank AD's current stock price is лв1.50. CB Central Cooperative Bank AD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was лв4.60. CB Central Cooperative Bank AD's Cyclically Adjusted PB Ratio of today is 0.33.


CB Central Cooperative Bank AD Cyclically Adjusted Book per Share Historical Data

The historical data trend for CB Central Cooperative Bank AD'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.

CB Central Cooperative Bank AD Cyclically Adjusted Book per Share Chart

CB Central Cooperative Bank AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.26 4.60

CB Central Cooperative Bank AD Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 4.26 4.42 4.56 4.58 4.60

Competitive Comparison of CB Central Cooperative Bank AD's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, CB Central Cooperative Bank AD'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.


CB Central Cooperative Bank AD's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CB Central Cooperative Bank AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CB Central Cooperative Bank AD's Cyclically Adjusted PB Ratio falls into.



CB Central Cooperative Bank AD 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, CB Central Cooperative Bank AD's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=5.081/125.2218*125.2218
=5.081

Current CPI (Dec. 2022) = 125.2218.

CB Central Cooperative Bank AD Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 98.209 0.000
201306 3.121 98.518 3.967
201309 3.130 98.790 3.967
201312 3.186 98.326 4.057
201403 3.212 99.695 4.034
201406 3.276 100.560 4.079
201409 3.278 100.428 4.087
201412 3.035 99.070 3.836
201503 3.287 99.621 4.132
201506 3.282 100.684 4.082
201509 3.312 100.392 4.131
201512 3.150 99.792 3.953
201603 0.000 100.470 0.000
201606 3.241 101.688 3.991
201609 4.083 101.861 5.019
201612 0.000 101.863 0.000
201703 3.806 102.862 4.633
201706 3.817 103.349 4.625
201709 3.877 104.136 4.662
201712 3.241 104.011 3.902
201803 4.139 105.290 4.923
201806 2.386 106.317 2.810
201809 3.912 106.507 4.599
201812 4.633 105.998 5.473
201903 4.255 107.251 4.968
201906 4.345 108.070 5.035
201909 4.444 108.329 5.137
201912 4.441 108.420 5.129
202003 4.539 108.902 5.219
202006 4.549 108.767 5.237
202009 4.556 109.815 5.195
202012 4.591 109.897 5.231
202103 4.640 111.754 5.199
202106 4.714 114.631 5.150
202109 4.781 115.734 5.173
202112 4.789 117.630 5.098
202203 4.807 121.301 4.962
202206 4.768 125.017 4.776
202209 4.808 125.227 4.808
202212 5.081 125.222 5.081

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


CB Central Cooperative Bank AD  (XBUL:CCB) 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.

CB Central Cooperative Bank AD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.50/4.6
=0.33

* 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.


Be Aware

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


CB Central Cooperative Bank AD Cyclically Adjusted Book per Share Related Terms

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


CB Central Cooperative Bank AD (XBUL:CCB) Business Description

Traded in Other Exchanges
N/A
Address
87 Tsarigradsko Shose Boulevard, Sofia, BGR, 1086
CB Central Cooperative Bank AD is a universal commercial bank. Together with the remaining companies, the Bank comprises several products and services in the field of financial intermediation, with an emphasis on SME lending and retail banking. As a universal commercial bank, the company offers an array of financial products and services. The bank is a primary dealer of government securities on the Bulgarian domestic market.

CB Central Cooperative Bank AD (XBUL:CCB) Headlines

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