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Sampath Bank (COL:SAMP.N0000) Cyclically Adjusted PB Ratio : 0.76 (As of May. 14, 2024)


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What is Sampath Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Sampath Bank's current share price is රු79.10. Sampath Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු104.57. Sampath Bank's Cyclically Adjusted PB Ratio for today is 0.76.

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

COL:SAMP.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.52   Max: 0.77
Current: 0.77

During the past years, Sampath Bank's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.28. And the median was 0.52.

COL:SAMP.N0000's Cyclically Adjusted PB Ratio is ranked better than
62.92% of 1184 companies
in the Banks industry
Industry Median: 0.935 vs COL:SAMP.N0000: 0.77

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.

Sampath Bank's adjusted book value per share data for the three months ended in Dec. 2023 was රු134.587. 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 රු104.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sampath Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sampath Bank'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.

Sampath Bank Cyclically Adjusted PB Ratio Chart

Sampath Bank 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 - - - 0.35 0.67

Sampath Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.35 0.53 0.55 0.68 0.67

Competitive Comparison of Sampath Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Sampath Bank'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.


Sampath Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Sampath Bank 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.

Sampath Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.10/104.57
=0.76

* 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.

Sampath Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sampath Bank's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=134.587/129.4194*129.4194
=134.587

Current CPI (Dec. 2023) = 129.4194.

Sampath Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 49.770 100.428 64.138
201412 50.524 99.070 66.002
201503 50.970 99.621 66.216
201506 53.177 100.684 68.354
201509 56.277 100.392 72.549
201512 57.255 99.792 74.253
201603 58.072 100.470 74.805
201606 61.902 101.688 78.783
201609 66.283 101.861 84.216
201612 72.822 101.863 92.522
201703 76.757 102.862 96.574
201706 81.841 103.349 102.486
201709 86.412 104.136 107.393
201712 90.011 104.011 111.999
201803 96.322 105.290 118.397
201806 96.098 106.317 116.980
201809 99.376 106.507 120.755
201812 99.688 105.998 121.715
201903 99.902 107.251 120.552
201906 88.979 108.070 106.557
201909 90.724 108.329 108.387
201912 95.043 108.420 113.451
202003 97.205 108.902 115.519
202006 94.454 108.767 112.388
202009 95.417 109.815 112.451
202012 97.565 109.897 114.897
202103 99.300 111.754 114.996
202106 102.018 114.631 115.179
202109 104.099 115.734 116.408
202112 108.455 117.630 119.325
202203 108.301 121.301 115.549
202206 109.188 125.017 113.033
202209 108.954 125.227 112.602
202212 115.589 125.222 119.464
202303 117.606 127.348 119.519
202306 120.288 128.729 120.933
202309 130.105 129.860 129.664
202312 134.587 129.419 134.587

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.


Sampath Bank  (COL:SAMP.N0000) 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.


Sampath Bank Cyclically Adjusted PB Ratio Related Terms

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


Sampath Bank (COL:SAMP.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 110, Sir James Peiris Mawatha, Colombo, LKA, 02
Sampath Bank PLC operates as a commercial bank offering personal, corporate, and electronic banking products and services. The bank also accepts current, savings, term deposits, foreign currency, and clubs and societies accounts, as well as maintains professional accounts. The operating segment of the company is Corporate Banking, Retail and Personal Banking, Dealing/Investment, and Others. It generates maximum revenue from the Retail and Personal Banking segment.

Sampath Bank (COL:SAMP.N0000) Headlines

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