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BDO Unibank (BDO Unibank) Cyclically Adjusted PB Ratio : 2.17 (As of Jun. 22, 2024)


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What is BDO Unibank Cyclically Adjusted PB Ratio?

As of today (2024-06-22), BDO Unibank's current share price is $2.08. BDO Unibank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.96. BDO Unibank's Cyclically Adjusted PB Ratio for today is 2.17.

The historical rank and industry rank for BDO Unibank's Cyclically Adjusted PB Ratio or its related term are showing as below:

BDOUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 1.99   Max: 3.84
Current: 1.83

During the past years, BDO Unibank's highest Cyclically Adjusted PB Ratio was 3.84. The lowest was 1.44. And the median was 1.99.

BDOUF's Cyclically Adjusted PB Ratio is ranked worse than
86.39% of 1205 companies
in the Banks industry
Industry Median: 0.9 vs BDOUF: 1.83

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.

BDO Unibank's adjusted book value per share data for the three months ended in Mar. 2024 was $1.686. 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 $0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BDO Unibank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BDO Unibank's Cyclically Adjusted PB Ratio 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.

BDO Unibank Cyclically Adjusted PB Ratio Chart

BDO Unibank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 1.81 1.74 1.61 1.80

BDO Unibank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.89 1.97 1.98 1.80 2.05

Competitive Comparison of BDO Unibank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BDO Unibank'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.


BDO Unibank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



BDO Unibank Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

BDO Unibank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.08/0.96
=2.17

* 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.

BDO Unibank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, BDO Unibank'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)
=1.686/131.7762*131.7762
=1.686

Current CPI (Mar. 2024) = 131.7762.

BDO Unibank Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.615 100.560 0.806
201409 0.632 100.428 0.829
201412 0.657 99.070 0.874
201503 0.662 99.621 0.876
201506 0.660 100.684 0.864
201509 0.692 100.392 0.908
201512 0.719 99.792 0.949
201603 0.736 100.470 0.965
201606 0.761 101.688 0.986
201609 0.777 101.861 1.005
201612 0.784 101.863 1.014
201703 0.896 102.862 1.148
201706 0.918 103.349 1.171
201709 0.936 104.136 1.184
201712 0.947 104.011 1.200
201803 0.951 105.290 1.190
201806 0.964 106.317 1.195
201809 0.990 106.507 1.225
201812 1.043 105.998 1.297
201903 1.092 107.251 1.342
201906 1.129 108.070 1.377
201909 1.154 108.329 1.404
201912 1.175 108.420 1.428
202003 1.180 108.902 1.428
202006 1.165 108.767 1.411
202009 1.201 109.815 1.441
202012 1.247 109.897 1.495
202103 1.272 111.754 1.500
202106 1.310 114.631 1.506
202109 1.341 115.734 1.527
202112 1.349 117.630 1.511
202203 1.366 121.301 1.484
202206 1.375 125.017 1.449
202209 1.412 125.227 1.486
202212 1.462 125.222 1.539
202303 1.509 127.348 1.561
202306 1.553 128.729 1.590
202309 1.594 129.860 1.618
202312 1.647 129.419 1.677
202403 1.686 131.776 1.686

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


BDO Unibank  (OTCPK:BDOUF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BDO Unibank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of BDO Unibank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BDO Unibank (BDO Unibank) Business Description

Traded in Other Exchanges
Address
7899 Makati Avenue, BDO Corporate Center, Makati, PHL, 0726
BDO Unibank Inc is a full-service universal bank in the Philippines. The company provides a variety of banking products and services, including corporate and consumer lending, deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management, and remittances. It also offers leasing and financing, investment banking, private banking, rural banking, bancassurance, and insurance and stock brokerage services through its various local subsidiaries. It has a large distribution network of operating branches and ATMs. Most of its earning assets are loans and other receivables.

BDO Unibank (BDO Unibank) Headlines

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