GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Regions Financial Corp (BSP:R1FC34) » Definitions » Cyclically Adjusted PB Ratio

Regions Financial (BSP:R1FC34) Cyclically Adjusted PB Ratio : 1.23 (As of May. 14, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Regions Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Regions Financial's current share price is R$78.16. Regions Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$63.78. Regions Financial's Cyclically Adjusted PB Ratio for today is 1.23.

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

BSP:R1FC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.03   Max: 1.68
Current: 1.16

During the past years, Regions Financial's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.42. And the median was 1.03.

BSP:R1FC34's Cyclically Adjusted PB Ratio is ranked worse than
65.29% of 1184 companies
in the Banks industry
Industry Median: 0.935 vs BSP:R1FC34: 1.16

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.

Regions Financial's adjusted book value per share data for the three months ended in Mar. 2024 was R$83.458. 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$63.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regions Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Regions Financial'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.

Regions Financial Cyclically Adjusted PB Ratio Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.17 1.44 1.32 1.13

Regions Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.11 1.05 1.00 1.13 1.23

Competitive Comparison of Regions Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Regions Financial'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.


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

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

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



Regions Financial 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.16/63.78
=1.23

* 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.

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

For example, Regions Financial'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)
=83.458/129.4194*129.4194
=83.458

Current CPI (Mar. 2024) = 129.4194.

Regions Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.134 100.560 33.634
201409 27.574 100.428 35.534
201412 31.199 99.070 40.757
201503 37.865 99.621 49.191
201506 37.526 100.684 48.236
201509 48.225 100.392 62.169
201512 47.934 99.792 62.165
201603 47.547 100.470 61.247
201606 45.042 101.688 57.325
201609 43.535 101.861 55.313
201612 43.752 101.863 55.588
201703 41.269 102.862 51.924
201706 44.166 103.349 55.307
201709 42.499 104.136 52.818
201712 44.663 104.011 55.573
201803 43.949 105.290 54.021
201806 50.614 106.317 61.612
201809 54.306 106.507 65.989
201812 53.916 105.998 65.829
201903 55.707 107.251 67.222
201906 58.760 108.070 70.368
201909 65.226 108.329 77.924
201912 64.253 108.420 76.698
202003 81.764 108.902 97.169
202006 86.174 108.767 102.536
202009 91.372 109.815 107.684
202012 88.140 109.897 103.798
202103 95.056 111.754 110.081
202106 87.414 114.631 98.691
202109 93.715 115.734 104.796
202112 100.063 117.630 110.092
202203 81.739 121.301 87.210
202206 80.215 125.017 83.040
202209 75.834 125.227 78.373
202212 80.200 125.222 82.888
202303 84.846 127.348 86.226
202306 77.488 128.729 77.904
202309 76.003 129.860 75.745
202312 83.776 129.419 83.776
202403 83.458 129.419 83.458

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.


Regions Financial  (BSP:R1FC34) 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.


Regions Financial Cyclically Adjusted PB Ratio Related Terms

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


Regions Financial (BSP:R1FC34) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.

Regions Financial (BSP:R1FC34) Headlines

No Headlines