GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glarner Kantonalbank (CHIX:GLKBNz) » Definitions » Cyclically Adjusted PB Ratio

Glarner Kantonalbank (CHIX:GLKBNZ) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 04, 2025)


View and export this data going back to 2014. Start your Free Trial

What is Glarner Kantonalbank Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Glarner Kantonalbank's current share price is CHF21.60. Glarner Kantonalbank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF30.06. Glarner Kantonalbank's Cyclically Adjusted PB Ratio for today is 0.72.

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

CHIX:GLKBNz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.02   Max: 1.49
Current: 0.72

During the past 13 years, Glarner Kantonalbank's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.69. And the median was 1.02.

CHIX:GLKBNz's Cyclically Adjusted PB Ratio is ranked better than
71.94% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs CHIX:GLKBNz: 0.72

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.

Glarner Kantonalbank's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF31.648. 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 CHF30.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glarner Kantonalbank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glarner Kantonalbank'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.

Glarner Kantonalbank Cyclically Adjusted PB Ratio Chart

Glarner Kantonalbank 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 1.26 1.08 0.97 0.85 0.77

Glarner Kantonalbank Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.89 0.85 0.81 0.77 0.70

Competitive Comparison of Glarner Kantonalbank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Glarner Kantonalbank'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.


Glarner Kantonalbank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Glarner Kantonalbank 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.

Glarner Kantonalbank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.60/30.06
=0.72

* 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.

Glarner Kantonalbank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Glarner Kantonalbank's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=31.648/106.4612*106.4612
=31.648

Current CPI (Dec23) = 106.4612.

Glarner Kantonalbank Annual Data

Book Value per Share CPI Adj_Book
201412 24.602 100.704 26.009
201512 25.743 99.386 27.576
201612 26.394 99.380 28.275
201712 27.334 100.213 29.038
201812 28.299 100.906 29.857
201912 29.880 101.063 31.476
202012 30.991 100.241 32.914
202112 29.856 101.776 31.231
202212 30.748 104.666 31.275
202312 31.648 106.461 31.648

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.


Glarner Kantonalbank  (CHIX:GLKBNz) 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.


Glarner Kantonalbank Cyclically Adjusted PB Ratio Related Terms

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


Glarner Kantonalbank Business Description

Traded in Other Exchanges
Address
Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750
Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank Headlines

No Headlines