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Swedbank AB (CHIX:SWEDAS) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 20, 2025)


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What is Swedbank AB Cyclically Adjusted PB Ratio?

As of today (2025-06-20), Swedbank AB's current share price is kr246.45. Swedbank AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr158.19. Swedbank AB's Cyclically Adjusted PB Ratio for today is 1.56.

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

CHIX:SWEDAs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.36   Max: 2.01
Current: 1.55

During the past years, Swedbank AB's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.91. And the median was 1.36.

CHIX:SWEDAs's Cyclically Adjusted PB Ratio is ranked worse than
77.02% of 1288 companies
in the Banks industry
Industry Median: 1.01 vs CHIX:SWEDAs: 1.55

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.

Swedbank AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr178.279. 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 kr158.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedbank AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB Cyclically Adjusted PB Ratio Chart

Swedbank AB 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 1.24 1.47 1.26 1.34 1.38

Swedbank AB 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 1.39 1.41 1.38 1.38 1.43

Competitive Comparison of Swedbank AB's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Swedbank AB'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.


Swedbank AB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Swedbank AB 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.

Swedbank AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=246.45/158.19
=1.56

* 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.

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

For example, Swedbank AB'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)
=178.279/132.8245*132.8245
=178.279

Current CPI (Mar. 2025) = 132.8245.

Swedbank AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 103.084 99.995 136.928
201509 107.538 100.228 142.512
201512 111.419 100.276 147.585
201603 113.346 100.751 149.429
201606 107.399 101.019 141.213
201609 111.637 101.138 146.614
201612 116.603 102.022 151.809
201703 107.287 102.022 139.680
201706 111.335 102.752 143.919
201709 115.715 103.279 148.818
201712 117.841 103.793 150.802
201803 109.741 103.962 140.208
201806 114.688 104.875 145.253
201809 119.714 105.679 150.465
201812 123.040 105.912 154.305
201903 113.179 105.886 141.973
201906 115.714 106.742 143.989
201909 119.596 107.214 148.164
201912 123.945 107.766 152.766
202003 126.398 106.563 157.548
202006 128.924 107.498 159.299
202009 134.433 107.635 165.894
202012 138.544 108.296 169.924
202103 137.114 108.360 168.071
202106 142.111 108.928 173.288
202109 146.787 110.338 176.701
202112 144.164 112.486 170.230
202203 137.655 114.825 159.233
202206 143.848 118.384 161.395
202209 150.669 122.296 163.640
202212 156.759 126.365 164.772
202303 154.135 127.042 161.151
202306 164.143 129.407 168.478
202309 171.535 130.224 174.961
202312 176.708 131.912 177.931
202403 170.729 132.205 171.529
202406 177.383 132.716 177.528
202409 185.570 132.304 186.300
202412 194.500 132.987 194.262
202503 178.279 132.825 178.279

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.


Swedbank AB  (CHIX:SWEDAs) 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.


Swedbank AB Cyclically Adjusted PB Ratio Related Terms

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


Swedbank AB Business Description

Industry
Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB Headlines

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