SELECT * FROM `stock_list` WHERE `symbol` = "BPIRF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='BPIRF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "BPIRF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 BPIRF (Piraeus Financial Holdings) Cyclically Adjusted PB R
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Piraeus Financial Holdings SA (OTCPK:BPIRF) » Definitions » Cyclically Adjusted PB Ratio

Piraeus Financial Holdings (Piraeus Financial Holdings) Cyclically Adjusted PB Ratio : 0.00 (As of May. 01, 2024)


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What is Piraeus Financial Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Piraeus Financial Holdings's current share price is $4.00. Piraeus Financial Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8,636.96. Piraeus Financial Holdings's Cyclically Adjusted PB Ratio for today is 0.00.

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

BPIRF's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Piraeus Financial Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $6.385. 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 $8,636.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piraeus Financial Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Piraeus Financial Holdings'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.

Piraeus Financial Holdings Cyclically Adjusted PB Ratio Chart

Piraeus Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Piraeus Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Piraeus Financial Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Piraeus Financial Holdings'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.


Piraeus Financial Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Piraeus Financial Holdings's Cyclically Adjusted PB Ratio falls into.



Piraeus Financial Holdings 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.

Piraeus Financial Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00/8636.96
=0.00

* 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.

Piraeus Financial Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Piraeus Financial Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.385/116.4647*116.4647
=6.385

Current CPI (Dec. 2023) = 116.4647.

Piraeus Financial Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 67,039.809 102.748 75,989.816
201406 67,941.923 103.060 76,778.624
201409 53,306.960 102.624 60,496.131
201412 48,079.915 100.254 55,854.092
201503 41,589.814 100.549 48,172.791
201506 36,521.250 100.838 42,181.056
201509 40,126.829 100.856 46,336.809
201512 407.899 100.087 474.648
201603 413.830 99.041 486.634
201606 415.897 100.121 483.789
201609 415.651 99.878 484.677
201612 385.369 100.110 448.328
201703 390.879 100.770 451.758
201706 408.720 101.138 470.658
201709 432.370 100.882 499.158
201712 421.341 100.762 487.001
201803 359.754 100.534 416.760
201806 319.336 102.121 364.191
201809 320.992 101.982 366.578
201812 317.953 101.330 365.443
201903 318.254 101.482 365.240
201906 321.935 101.837 368.178
201909 318.070 101.906 363.512
201912 321.687 102.120 366.873
202003 308.725 101.479 354.317
202006 320.635 100.239 372.537
202009 335.738 99.886 391.463
202012 326.385 99.751 381.073
202103 155.793 99.817 181.776
202106 6.198 101.270 7.128
202109 5.389 102.095 6.147
202112 5.236 104.853 5.816
202203 5.435 108.651 5.826
202206 5.243 113.517 5.379
202209 5.014 114.371 5.106
202212 5.553 112.428 5.752
202303 5.771 113.620 5.916
202306 5.940 115.515 5.989
202309 6.094 116.234 6.106
202312 6.385 116.465 6.385

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.


Piraeus Financial Holdings  (OTCPK:BPIRF) 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.


Piraeus Financial Holdings Cyclically Adjusted PB Ratio Related Terms

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


Piraeus Financial Holdings (Piraeus Financial Holdings) Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.

Piraeus Financial Holdings (Piraeus Financial Holdings) Headlines

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