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Barclays (BSP:B1CS34) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 04, 2025)


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What is Barclays Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Barclays's current share price is R$101.80. Barclays's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$145.90. Barclays's Cyclically Adjusted PB Ratio for today is 0.70.

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

BSP:B1CS34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.44   Max: 0.77
Current: 0.68

During the past years, Barclays's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.20. And the median was 0.44.

BSP:B1CS34's Cyclically Adjusted PB Ratio is ranked better than
74.36% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs BSP:B1CS34: 0.68

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.

Barclays's adjusted book value per share data for the three months ended in Mar. 2025 was R$155.722. 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 R$145.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barclays'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.

Barclays Cyclically Adjusted PB Ratio Chart

Barclays 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 0.37 0.45 0.36 0.33 0.56

Barclays 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 0.39 0.44 0.47 0.56 0.59

Competitive Comparison of Barclays's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Barclays'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.


Barclays's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Barclays 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.

Barclays's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=101.80/145.90
=0.70

* 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.

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

For example, Barclays'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)
=155.722/136.1000*136.1000
=155.722

Current CPI (Mar. 2025) = 136.1000.

Barclays Quarterly Data

Book Value per Share CPI Adj_Book
201506 68.522 100.100 93.165
201509 88.386 100.200 120.053
201512 82.707 100.400 112.116
201603 77.584 100.400 105.171
201606 72.287 101.000 97.409
201609 64.518 101.500 86.511
201612 64.055 102.200 85.302
201703 59.610 102.700 78.996
201706 63.281 103.500 83.213
201709 63.373 104.300 82.695
201712 66.181 105.000 85.783
201803 63.874 105.100 82.714
201806 71.576 105.900 91.988
201809 79.237 106.600 101.165
201812 71.793 107.100 91.233
201903 76.363 107.000 97.131
201906 76.598 107.900 96.617
201909 78.176 108.400 98.153
201912 80.035 108.500 100.394
202003 95.418 108.600 119.580
202006 102.287 108.800 127.953
202009 109.344 109.200 136.279
202012 104.840 109.400 130.427
202103 118.177 109.700 146.617
202106 111.281 111.400 135.955
202109 118.248 112.400 143.181
202112 123.987 114.700 147.120
202203 107.121 116.500 125.143
202206 104.731 120.500 118.290
202209 100.220 122.300 111.529
202212 109.967 125.300 119.445
202303 112.241 126.800 120.473
202306 106.635 129.400 112.156
202309 109.603 130.100 114.658
202312 116.712 130.500 121.720
202403 120.458 131.600 124.577
202406 131.753 133.000 134.824
202409 142.902 133.500 145.685
202412 153.871 135.100 155.010
202503 155.722 136.100 155.722

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.


Barclays  (BSP:B1CS34) 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.


Barclays Cyclically Adjusted PB Ratio Related Terms

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


Barclays Business Description

Industry
Address
1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via five principal segments; UK (retail), UK corporate bank, private bank and wealth management, investment bank, and US consumer bank. In its UK segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business.

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