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UCO Bank (BOM:532505) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 10, 2024)


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What is UCO Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-10), UCO Bank's current share price is ₹56.37. UCO Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹61.49. UCO Bank's Cyclically Adjusted PB Ratio for today is 0.92.

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

BOM:532505' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.15   Max: 0.96
Current: 0.93

During the past years, UCO Bank's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.08. And the median was 0.15.

BOM:532505's Cyclically Adjusted PB Ratio is ranked worse than
52.13% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs BOM:532505: 0.93

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.

UCO Bank's adjusted book value per share data for the three months ended in Mar. 2024 was ₹22.762. 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 ₹61.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UCO Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UCO Bank'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.

UCO Bank Cyclically Adjusted PB Ratio Chart

UCO Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.12 0.15 0.35 0.85

UCO Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.42 0.35 0.63 0.63 0.85

Competitive Comparison of UCO Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, UCO 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.


UCO Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



UCO Bank 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.

UCO Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.37/61.49
=0.92

* 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.

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

For example, UCO Bank'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)
=22.762/153.0345*153.0345
=22.762

Current CPI (Mar. 2024) = 153.0345.

UCO Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 110.635 91.425 185.190
201406 0.000 94.103 0.000
201409 117.129 96.780 185.211
201412 0.000 96.780 0.000
201503 116.670 97.163 183.759
201506 0.000 99.841 0.000
201509 120.946 101.753 181.900
201512 0.000 102.901 0.000
201603 116.419 102.518 173.785
201606 0.000 105.961 0.000
201609 79.655 105.961 115.042
201612 0.000 105.196 0.000
201703 81.767 105.196 118.951
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 64.801 109.786 90.328
201806 36.343 111.317 49.963
201809 33.708 115.142 44.801
201812 38.818 115.142 51.593
201903 32.067 118.202 41.517
201906 22.929 120.880 29.028
201909 24.640 123.175 30.613
201912 19.962 126.235 24.200
202003 19.368 124.705 23.768
202006 19.473 127.000 23.465
202009 19.475 130.118 22.905
202012 19.591 130.889 22.906
202103 22.702 131.771 26.365
202106 19.011 134.084 21.698
202109 19.187 135.847 21.615
202112 19.463 138.161 21.558
202203 19.629 138.822 21.639
202206 19.796 142.347 21.282
202209 0.000 144.661 0.000
202212 20.925 145.763 21.969
202303 21.415 146.865 22.315
202309 21.966 151.492 22.190
202312 22.438 152.924 22.454
202403 22.762 153.035 22.762

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.


UCO Bank  (BOM:532505) 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.


UCO Bank Cyclically Adjusted PB Ratio Related Terms

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


UCO Bank (BOM:532505) Business Description

Industry
Traded in Other Exchanges
Address
No. 10, Barbourne Road, B. T. M Sarani, 7th Foor, Kolkata, WB, IND, 700 001
UCO Bank is an Indian commercial bank. The company generates the majority of revenue domestically. The bank organizes itself into three segments: Treasury operations, Corporate banking operations, Retail banking operations, and Other Banking. These are corporate banking operations, which are involved with working-capital financing, term loans, infrastructure finance, finance to importers and exporters, agriculture credit, foreign currency loans, and small and midsize enterprise lending. The bank also offers deposits, salary accounts, home loans, personal loans, debit cards, mobile banking, government bonds, pension schemes, tax collection services, insurance products, mutual funds, and money transfer.

UCO Bank (BOM:532505) Headlines

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