Standard Chartered Bank Ghana (XGHA:SCB) Cyclically Adjusted Book per Share: GHS13.64 (As of Jun. 2026)

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XGHA:SCB Standard Chartered Bank Ghana PLC XGHA:SCB
67 GF Score
Price GHS69.89
GF Value GHS34.95
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Standard Chartered Bank Ghana Cyclically Adjusted Book per Share?

Standard Chartered Bank Ghana XGHA:SCB 67 Cyclically Adjusted Book per Share is GHS13.64 as of Jun. 2026. GuruFocus rates XGHA:SCB with a GF Score™ of 67/100 and a GF Value™ of GHS34.95 (Significantly Overvalued). The stock has 3 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.

Standard Chartered Bank Ghana's adjusted book value per share for the three months ended in Jun. 2026 was GHS23.233. 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 GHS13.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Standard Chartered Bank Ghana's average Cyclically Adjusted Book Growth Rate was 16.80% 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 (2026-09-15), Standard Chartered Bank Ghana's current stock price is GHS69.89. Standard Chartered Bank Ghana's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was GHS13.64. Standard Chartered Bank Ghana's Cyclically Adjusted PB Ratio of today is 5.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Chartered Bank Ghana was 6.45. The lowest was 2.07. And the median was 2.40.


Standard Chartered Bank Ghana  (XGHA:SCB) 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.

Standard Chartered Bank Ghana's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.89/13.64
=5.12

* 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 Standard Chartered Bank Ghana was 6.45. The lowest was 2.07. And the median was 2.40.


Be Aware

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


Standard Chartered Bank Ghana Cyclically Adjusted Book per Share Related Terms


Standard Chartered Bank Ghana Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Standard Chartered Bank Ghana'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.

Standard Chartered Bank Ghana Cyclically Adjusted Book per Share Chart

Standard Chartered Bank Ghana 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 0.00 0.00 0.00 11.10 12.32

Standard Chartered Bank Ghana 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 11.68 11.86 12.32 13.02 13.64

Standard Chartered Bank Ghana Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Standard Chartered Bank Ghana'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.


Standard Chartered Bank Ghana Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Standard Chartered Bank Ghana's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Standard Chartered Bank Ghana's Cyclically Adjusted PB Ratio falls into.


XGHA:SCB
67GF Score
Standard Chartered Bank Ghana PLC XGHA:SCB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chartered Bank Ghana 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, Standard Chartered Bank Ghana'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)
=23.233/333.9520*333.9520
=23.233

Current CPI (Jun. 2026) = 333.9520.

Standard Chartered Bank Ghana Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.813 236.525 3.972
201612 3.895 241.432 5.388
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 6.765 246.524 9.164
201803 7.461 249.554 9.984
201806 7.715 251.989 10.224
201809 7.640 252.439 10.107
201812 7.708 251.233 10.246
201903 8.420 254.202 11.062
201906 7.716 256.143 10.060
201909 8.227 256.759 10.700
201912 8.591 256.974 11.164
202003 9.340 258.115 12.084
202006 10.593 257.797 13.722
202009 9.926 260.280 12.736
202012 10.817 260.474 13.868
202103 11.944 264.877 15.059
202106 11.286 271.696 13.872
202109 12.089 274.310 14.717
202112 12.126 278.802 14.525
202203 13.565 287.504 15.757
202206 10.889 296.311 12.272
202209 9.647 296.808 10.854
202212 9.796 296.797 11.022
202303 11.251 301.836 12.448
202306 11.037 305.109 12.080
202309 12.067 307.789 13.093
202312 13.599 306.746 14.805
202403 14.781 312.332 15.804
202406 18.046 314.175 19.182
202409 15.304 315.301 16.209
202412 15.211 315.605 16.095
202503 16.994 319.799 17.746
202506 18.311 322.561 18.958
202509 17.958 324.800 18.464
202512 20.933 324.054 21.572
202603 22.312 330.213 22.565
202606 23.233 333.952 23.233

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 GHS13.64 mean?
Standard Chartered Bank Ghana (XGHA:SCB) has a Cyclically Adjusted Book per Share of GHS13.64 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 Standard Chartered Bank Ghana and its competitors.
Is Standard Chartered Bank Ghana's Cyclically Adjusted Book per Share too high?
Standard Chartered Bank Ghana's current Cyclically Adjusted Book per Share is GHS13.64. Overall, Standard Chartered Bank Ghana has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered Bank Ghana's Cyclically Adjusted Book per Share compare to competitors?
Standard Chartered Bank Ghana's Cyclically Adjusted Book per Share of GHS13.64 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 Standard Chartered Bank Ghana and its competitors. Standard Chartered Bank Ghana's current Cyclically Adjusted Book per Share is GHS13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered Bank Ghana (XGHA:SCB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS34.95, compared to a current price of GHS69.89 — trading 100% above its estimated fair value. The current Cyclically Adjusted Book per Share is GHS13.64. Standard Chartered Bank Ghana's overall GF Score™ is 67/100 with 3 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 Standard Chartered Bank Ghana (XGHA:SCB), the current Cyclically Adjusted Book per Share is GHS13.64 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 Standard Chartered Bank Ghana (XGHA:SCB) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chartered Bank Ghana stock appears to be overvalued. The current stock price of GHS69.89 is trading 100% above its estimated GF Value™ of GHS34.95. GuruFocus considers Standard Chartered Bank Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:SCB:

  • Cyclically Adjusted Book per Share: GHS13.64
  • GF Value™: GHS34.95 vs. price of GHS69.89 (100% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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


Standard Chartered Bank Ghana Business Description

Address 87 Independence Avenue, P.O. Box 768, Standard Chartered Bank Building, Accra, GHA
Standard Chartered Bank Ghana PLC is a banking corporation registered in Ghana. It provides various banking services including personal banking, private banking, and business banking. The company manages its business into three segments namely, Corporate & Investment Banking, Wealth & Retail Banking, Ventures and Central & Other Items. The company's services include savings, loans, mortgages, credit cards, insurance, and investment opportunities for individual customers. It focuses on offering financial solutions to small-medium enterprises, corporates, and financial institutions. Geographically, it operates in Hong Kong, Korea, China, Singapore, UK, and U.S.
67GF Score

Get the complete analysis for XGHA:SCB

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

GHS69.89
Price
GHS34.95
GF Value