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Vanquis Banking Group (CHIX:VANQL) Cyclically Adjusted PB Ratio : 0.14 (As of Dec. 15, 2024)


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What is Vanquis Banking Group Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Vanquis Banking Group's current share price is £0.476. Vanquis Banking Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £3.46. Vanquis Banking Group's Cyclically Adjusted PB Ratio for today is 0.14.

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

CHIX:VANQl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 1.52   Max: 12.58
Current: 0.14

During the past 13 years, Vanquis Banking Group's highest Cyclically Adjusted PB Ratio was 12.58. The lowest was 0.11. And the median was 1.52.

CHIX:VANQl's Cyclically Adjusted PB Ratio is ranked better than
95.29% of 403 companies
in the Credit Services industry
Industry Median: 1.06 vs CHIX:VANQl: 0.14

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.

Vanquis Banking Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was £2.273. 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 £3.46 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanquis Banking Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vanquis Banking Group'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.

Vanquis Banking Group Cyclically Adjusted PB Ratio Chart

Vanquis Banking Group 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 1.62 1.06 1.16 0.57 0.38

Vanquis Banking Group 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 - 0.57 - 0.38 -

Competitive Comparison of Vanquis Banking Group's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Vanquis Banking Group'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.


Vanquis Banking Group's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Vanquis Banking Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vanquis Banking Group 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.

Vanquis Banking Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.476/3.46
=0.14

* 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.

Vanquis Banking Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vanquis Banking Group'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)
=2.273/130.5000*130.5000
=2.273

Current CPI (Dec23) = 130.5000.

Vanquis Banking Group Annual Data

Book Value per Share CPI Adj_Book
201412 3.063 99.900 4.001
201512 3.518 100.400 4.573
201612 3.912 102.200 4.995
201712 2.642 105.000 3.284
201812 2.777 107.100 3.384
201912 2.878 108.500 3.462
202012 2.554 109.400 3.047
202112 2.488 114.700 2.831
202212 2.422 125.300 2.523
202312 2.273 130.500 2.273

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.


Vanquis Banking Group  (CHIX:VANQl) 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.


Vanquis Banking Group Cyclically Adjusted PB Ratio Related Terms

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


Vanquis Banking Group Business Description

Traded in Other Exchanges
Address
No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU
Vanquis Banking Group PLC is a specialist bank, focused on the mid-cost credit market. It offers credit cards and loans as Vanquis and Vehicle Finance as Moneybarn. All are delivered online and are built with customer flexibility in mind.

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