GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Communications Co Ltd (OTCPK:BKFCF) » Definitions » Cyclically Adjusted PB Ratio

BKFCF (Bank of Communications Co) Cyclically Adjusted PB Ratio : 0.66 (As of May. 31, 2025)


View and export this data going back to 2005. Start your Free Trial

What is Bank of Communications Co Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Bank of Communications Co's current share price is $0.87. Bank of Communications Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $1.31. Bank of Communications Co's Cyclically Adjusted PB Ratio for today is 0.66.

The historical rank and industry rank for Bank of Communications Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKFCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.71   Max: 2.15
Current: 0.69

During the past years, Bank of Communications Co's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.48. And the median was 0.71.

BKFCF's Cyclically Adjusted PB Ratio is ranked better than
73.48% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs BKFCF: 0.69

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.

Bank of Communications Co's adjusted book value per share data for the three months ended in Mar. 2025 was $2.082. 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 $1.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Communications Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Communications Co'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.

Bank of Communications Co Cyclically Adjusted PB Ratio Chart

Bank of Communications Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.54 0.50 0.57 0.72

Bank of Communications Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.61 0.71 0.69 0.72 0.67

Competitive Comparison of Bank of Communications Co's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bank of Communications Co'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.


Bank of Communications Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Bank of Communications Co 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.

Bank of Communications Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.87/1.31
=0.66

* 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.

Bank of Communications Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bank of Communications Co'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)
=2.082/115.1156*115.1156
=2.082

Current CPI (Mar. 2025) = 115.1156.

Bank of Communications Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.061 99.500 1.228
201509 1.098 100.500 1.258
201512 1.117 100.600 1.278
201603 1.147 102.200 1.292
201606 1.099 101.400 1.248
201609 1.243 102.400 1.397
201612 1.108 102.600 1.243
201703 1.267 103.200 1.413
201706 1.154 103.100 1.288
201709 1.349 104.100 1.492
201712 1.248 104.500 1.375
201803 1.286 105.300 1.406
201806 1.258 104.900 1.381
201809 1.223 106.600 1.321
201812 1.248 106.500 1.349
201903 1.322 107.700 1.413
201906 1.282 107.700 1.370
201909 1.354 109.800 1.420
201912 1.408 111.200 1.458
202003 1.439 112.300 1.475
202006 1.412 110.400 1.472
202009 1.543 111.700 1.590
202012 1.692 111.500 1.747
202103 1.747 112.662 1.785
202106 1.842 111.769 1.897
202109 1.876 112.215 1.924
202112 1.944 113.108 1.979
202203 1.993 114.335 2.007
202206 1.874 114.558 1.883
202209 1.832 115.339 1.828
202212 1.887 115.116 1.887
202303 1.956 115.116 1.956
202306 1.877 114.558 1.886
202309 1.875 115.339 1.871
202312 1.967 114.781 1.973
202403 2.000 115.227 1.998
202406 1.972 114.781 1.978
202409 2.061 115.785 2.049
202412 2.033 114.893 2.037
202503 2.082 115.116 2.082

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.


Bank of Communications Co  (OTCPK:BKFCF) 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.


Bank of Communications Co Cyclically Adjusted PB Ratio Related Terms

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


Bank of Communications Co Business Description

Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only nationwide state-owned bank with its headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.It operates a comprehensive financial services platform that includes corporate finance, personal finance, and money market operations. Bocom is known for its strategic importance in the process of RMB internationalization, particularly with its role as one of the first banks involved in the Cross-Border Interbank Payment System, or CIPS.