OTP Bank (XPRA:OTP) Cyclically Adjusted Book per Share: Kč877.52 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XPRA:OTP OTP Bank PLC XPRA:OTP
56 GF Score
Price Kč3,059.00
GF Value Kč2,124.25
! 5 Warning Signs
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What is OTP Bank Cyclically Adjusted Book per Share?

OTP Bank XPRA:OTP 56 Cyclically Adjusted Book per Share is Kč877.52 as of Jun. 2026. GuruFocus rates XPRA:OTP with a GF Score™ of 56/100 and a GF Value™ of Kč2,124.25. The stock has 5 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.

OTP Bank's adjusted book value per share for the three months ended in Jun. 2026 was Kč1,436.954. 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 Kč877.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OTP Bank's average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 OTP Bank was 18.70% per year. The lowest was 13.10% per year. And the median was 17.70% per year.

As of today (2026-08-19), OTP Bank's current stock price is Kč3059.00. OTP Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was Kč877.52. OTP Bank's Cyclically Adjusted PB Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OTP Bank was 3.21. The lowest was 0.89. And the median was 1.78.


OTP Bank  (XPRA:OTP) 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.

OTP Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3059.00/877.52
=3.49

* 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 OTP Bank was 3.21. The lowest was 0.89. And the median was 1.78.


Be Aware

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


OTP Bank Cyclically Adjusted Book per Share Related Terms


OTP Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for OTP Bank'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.

OTP Bank Cyclically Adjusted Book per Share Chart

OTP Bank 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 474.25 561.11 508.05 611.25 702.40

OTP Bank 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 800.87 832.99 702.40 1,032.88 877.52

XPRA:OTP vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, OTP Bank'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.


OTP Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


XPRA:OTP
56GF Score
OTP Bank PLC XPRA:OTP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OTP Bank 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, OTP Bank'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)
=1436.954/175.2800*175.2800
=1,436.954

Current CPI (Jun. 2026) = 175.2800.

OTP Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 330.217 100.370 576.670
201612 341.753 101.406 590.717
201703 345.535 102.147 592.926
201706 358.886 102.724 612.375
201709 378.173 102.902 644.170
201712 390.744 103.627 660.925
201803 382.234 104.219 642.857
201806 409.309 105.922 677.329
201809 424.392 106.588 697.899
201812 434.243 106.440 715.091
201903 447.631 108.068 726.031
201906 473.975 109.475 758.883
201909 523.263 109.623 836.667
201912 582.193 110.659 922.175
202003 553.026 112.287 863.272
202006 604.315 112.583 940.853
202009 596.680 113.398 922.296
202012 612.069 113.694 943.619
202103 635.096 116.358 956.697
202106 643.049 118.579 950.538
202109 643.674 119.541 943.802
202112 729.443 122.058 1,047.511
202203 722.461 126.351 1,002.232
202206 784.308 132.420 1,038.160
202209 854.240 143.597 1,042.716
202212 822.203 152.036 947.908
202303 838.390 158.105 929.464
202306 895.229 158.993 986.933
202309 996.925 161.140 1,084.406
202312 1,018.333 160.400 1,112.804
202403 1,107.483 163.879 1,184.533
202406 1,143.385 164.841 1,215.794
202409 1,212.336 165.877 1,281.058
202412 1,304.305 167.802 1,362.434
202503 1,344.063 171.577 1,373.074
202506 1,351.081 172.391 1,373.725
202509 1,410.968 173.060 1,429.068
202512 1,471.980 173.280 1,488.970
202603 1,520.969 174.690 1,526.106
202606 1,436.954 175.280 1,436.954

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 Kč877.52 mean?
OTP Bank (XPRA:OTP) has a Cyclically Adjusted Book per Share of Kč877.52 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 OTP Bank and its competitors.
Is OTP Bank's Cyclically Adjusted Book per Share too high?
OTP Bank's current Cyclically Adjusted Book per Share is Kč877.52. Overall, OTP Bank has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does OTP Bank's Cyclically Adjusted Book per Share compare to PNC and USB?
OTP Bank's Cyclically Adjusted Book per Share of Kč877.52 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 OTP Bank and its competitors. OTP Bank's current Cyclically Adjusted Book per Share is Kč877.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OTP Bank stock overvalued right now?
OTP Bank (XPRA:OTP) has a current Cyclically Adjusted Book per Share of Kč877.52. The stock's GF Value™ is Kč2,124.25, compared to a current price of Kč3,059.00 — trading 44% above its estimated fair value. The current Cyclically Adjusted Book per Share is Kč877.52. OTP Bank's overall GF Score™ is 56/100 with 5 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 OTP Bank (XPRA:OTP), the current Cyclically Adjusted Book per Share is Kč877.52 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 OTP Bank (XPRA:OTP) Overvalued in 2026?

Based on GuruFocus' analysis, OTP Bank stock appears to be overvalued. The current stock price of Kč3,059.00 is trading 44% above its estimated GF Value™ of Kč2,124.25.

Key valuation signals for XPRA:OTP:

  • Cyclically Adjusted Book per Share: Kč877.52
  • GF Value™: Kč2,124.25 vs. price of Kč3,059.00 (44% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


OTP Bank Business Description

Address 16, Nador Street, Budapest, HUN, 1051
OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Uzbekistan, Merkantil Group, Asset Management subsidiaries, other subsidiaries, and Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets. It also offers mortgage loans, consumer credits, working capital & investment loans to companies and municipalities. A majority of the bank's net revenue is net interest income.
56GF Score

Get the complete analysis for XPRA:OTP

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

Kč3,059.00
Price
Kč2,124.25
GF Value