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Byblos BankL (BEY:BYB) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Byblos BankL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Byblos BankL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Byblos BankL'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.

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Byblos BankL Cyclically Adjusted PB Ratio Chart

Byblos BankL Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Byblos BankL Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
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Competitive Comparison of Byblos BankL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Byblos BankL'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.


Byblos BankL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Byblos BankL 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.

Byblos BankL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Byblos BankL's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.051/121.3010*121.3010
=0.051

Current CPI (Mar. 2022) = 121.3010.

Byblos BankL Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.047 95.213 0.060
201203 0.000 96.783 0.000
201206 0.044 96.819 0.055
201209 0.045 97.633 0.056
201212 0.047 96.871 0.059
201303 0.048 98.209 0.059
201306 0.045 98.518 0.055
201309 0.046 98.790 0.056
201312 0.048 98.326 0.059
201403 0.049 99.695 0.060
201406 0.046 100.560 0.055
201409 0.047 100.428 0.057
201412 0.049 99.070 0.060
201503 0.050 99.621 0.061
201506 0.047 100.684 0.057
201509 0.048 100.392 0.058
201512 0.050 99.792 0.061
201603 0.000 100.470 0.000
201606 0.048 101.688 0.057
201609 0.049 101.861 0.058
201612 0.053 101.863 0.063
201703 0.054 102.862 0.064
201706 0.052 103.349 0.061
201709 0.054 104.136 0.063
201712 0.055 104.011 0.064
201803 0.056 105.290 0.065
201806 0.054 106.317 0.062
201812 0.057 105.998 0.065
201903 0.057 107.251 0.064
201906 0.055 108.070 0.062
201909 0.000 108.329 0.000
201912 0.049 108.420 0.055
202003 0.000 108.902 0.000
202006 0.048 108.767 0.054
202009 0.048 109.815 0.053
202012 0.046 109.897 0.051
202103 0.046 111.754 0.050
202106 0.046 114.631 0.049
202109 0.054 115.734 0.057
202203 0.051 121.301 0.051

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.


Byblos BankL  (BEY:BYB) 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.


Byblos BankL Cyclically Adjusted PB Ratio Related Terms

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Byblos BankL (BEY:BYB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Elias Sarkis street, Ashrafieh, Beirut, LBN, 11072811
Byblos Bank SAL is a Lebanese financial institution, engaged in providing banking and insurance services. The company offers deposits, housing loans, consumer loans, debit and credit cards, fund transfers, foreign exchange, trade finance, and investment banking. The company operates in various segments namely Retail and Personal Banking, Corporate and Commercial Banking, and Treasury and Capital Markets. The company generates maximum revenue from the Treasury and capital markets segment. Geographically, it derives a majority of revenue from Lebanon.

Byblos BankL (BEY:BYB) Headlines

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