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Societe Generale (XBUL:SGE) Cyclically Adjusted Book per Share : лв89.76 (As of Mar. 2025)


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What is Societe Generale 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.

Societe Generale's adjusted book value per share for the three months ended in Mar. 2025 was лв167.382. 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 лв89.76 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Societe Generale's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Societe Generale was 4.80% per year. The lowest was 2.00% per year. And the median was 3.70% per year.

As of today (2025-05-30), Societe Generale's current stock price is лв48.24. Societe Generale's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was лв89.76. Societe Generale's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Societe Generale was 0.56. The lowest was 0.15. And the median was 0.30.


Societe Generale Cyclically Adjusted Book per Share Historical Data

The historical data trend for Societe Generale'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.

Societe Generale Cyclically Adjusted Book per Share Chart

Societe Generale 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 - - - - 87.68

Societe Generale 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 - 87.48 81.75 87.68 89.76

Competitive Comparison of Societe Generale's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Societe Generale'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.


Societe Generale's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Generale's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Societe Generale's Cyclically Adjusted PB Ratio falls into.


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Societe Generale 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, Societe Generale'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)
=167.382/120.3800*120.3800
=167.382

Current CPI (Mar. 2025) = 120.3800.

Societe Generale Quarterly Data

Book Value per Share CPI Adj_Book
201506 139.406 100.440 167.082
201509 141.055 99.950 169.887
201512 139.595 100.040 167.977
201603 142.615 100.020 171.646
201606 142.318 100.630 170.250
201609 148.054 100.340 177.623
201612 141.362 100.650 169.073
201703 143.899 101.170 171.222
201706 145.478 101.320 172.845
201709 154.767 101.330 183.863
201712 152.128 101.850 179.805
201803 157.243 102.750 184.223
201806 150.302 103.370 175.035
201809 153.157 103.560 178.032
201812 151.613 103.470 176.391
201903 152.569 103.890 176.786
201906 145.820 104.580 167.851
201909 143.935 104.500 165.808
201912 144.786 104.980 166.025
202003 141.842 104.590 163.256
202006 139.335 104.790 160.064
202009 145.577 104.550 167.619
202012 152.391 104.960 174.779
202103 152.049 105.750 173.084
202106 154.135 106.340 174.485
202109 151.705 106.810 170.979
202112 151.375 107.850 168.962
202203 150.820 110.490 164.320
202206 142.777 112.550 152.710
202209 144.196 112.740 153.968
202212 152.808 114.160 161.134
202303 158.885 116.790 163.769
202306 158.689 117.650 162.371
202309 157.509 118.260 160.333
202312 155.662 118.390 158.278
202403 158.370 119.470 159.576
202406 157.380 120.200 157.616
202409 161.907 119.560 163.017
202412 159.117 119.950 159.687
202503 167.382 120.380 167.382

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


Societe Generale  (XBUL:SGE) 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.

Societe Generale's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.24/89.76
=0.54

* 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 Societe Generale was 0.56. The lowest was 0.15. And the median was 0.30.


Be Aware

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


Societe Generale Cyclically Adjusted Book per Share Related Terms

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


Societe Generale Business Description

Industry
Address
29, Boulevard Haussmann, Paris, FRA, 75009
Founded in 1884, Société Générale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, and North Africa.