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Banca Popolare di Sondrio SpA (CHIX:BPSOM) Cyclically Adjusted PB Ratio : 1.48 (As of May. 06, 2025)


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What is Banca Popolare di Sondrio SpA Cyclically Adjusted PB Ratio?

As of today (2025-05-06), Banca Popolare di Sondrio SpA's current share price is €11.315. Banca Popolare di Sondrio SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €7.65. Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:BPSOm' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 1.52
Current: 1.49

During the past years, Banca Popolare di Sondrio SpA's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.21. And the median was 0.57.

CHIX:BPSOm's Cyclically Adjusted PB Ratio is ranked worse than
75.14% of 1267 companies
in the Banks industry
Industry Median: 0.99 vs CHIX:BPSOm: 1.49

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.

Banca Popolare di Sondrio SpA's adjusted book value per share data for the three months ended in Dec. 2024 was €9.241. 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 €7.65 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Popolare di Sondrio SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banca Popolare di Sondrio SpA'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.

Banca Popolare di Sondrio SpA Cyclically Adjusted PB Ratio Chart

Banca Popolare di Sondrio SpA 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 0.59 0.53 0.80 1.08

Banca Popolare di Sondrio SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.80 0.94 0.90 0.92 1.08

Competitive Comparison of Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banca Popolare di Sondrio SpA'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.


Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio falls into.


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Banca Popolare di Sondrio SpA 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.

Banca Popolare di Sondrio SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.315/7.65
=1.48

* 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.

Banca Popolare di Sondrio SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Banca Popolare di Sondrio SpA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=9.241/121.2000*121.2000
=9.241

Current CPI (Dec. 2024) = 121.2000.

Banca Popolare di Sondrio SpA Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.708 99.814 6.931
201506 5.590 100.279 6.756
201509 5.809 100.000 7.041
201512 5.693 99.814 6.913
201603 5.703 99.600 6.940
201606 5.658 99.900 6.864
201609 5.792 100.100 7.013
201612 5.715 100.300 6.906
201703 5.757 101.000 6.908
201706 5.814 101.100 6.970
201709 5.957 101.200 7.134
201712 5.951 101.200 7.127
201803 5.986 101.800 7.127
201806 5.774 102.400 6.834
201809 5.732 102.600 6.771
201812 5.889 102.300 6.977
201903 6.055 102.800 7.139
201906 6.045 103.100 7.106
201909 6.302 102.900 7.423
201912 6.313 102.800 7.443
202003 6.124 102.900 7.213
202006 6.339 102.900 7.466
202009 6.567 102.300 7.780
202012 6.659 102.600 7.866
202103 6.776 103.700 7.919
202106 6.945 104.200 8.078
202109 7.071 104.900 8.170
202112 7.265 106.600 8.260
202203 7.379 110.400 8.101
202206 7.323 112.500 7.889
202209 7.383 114.200 7.836
202212 7.532 119.000 7.671
202303 7.783 118.800 7.940
202306 7.805 119.700 7.903
202309 8.126 120.300 8.187
202312 8.470 119.700 8.576
202403 8.745 120.200 8.818
202406 8.501 120.700 8.536
202409 8.926 121.200 8.926
202412 9.241 121.200 9.241

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.


Banca Popolare di Sondrio SpA  (CHIX:BPSOm) 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.


Banca Popolare di Sondrio SpA Cyclically Adjusted PB Ratio Related Terms

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Banca Popolare di Sondrio SpA Business Description

Traded in Other Exchanges
Address
Piazza Garibaldi, 16, Sondrio, ITA, 23100
Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

Banca Popolare di Sondrio SpA Headlines

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