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EBKDY (Erste Group Bank AG.) Cyclically Adjusted PB Ratio : 1.51 (As of May. 31, 2025)


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What is Erste Group Bank AG. Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Erste Group Bank AG.'s current share price is $40.27. Erste Group Bank AG.'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $26.69. Erste Group Bank AG.'s Cyclically Adjusted PB Ratio for today is 1.51.

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

EBKDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.94   Max: 1.48
Current: 1.45

During the past years, Erste Group Bank AG.'s highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.44. And the median was 0.94.

EBKDY's Cyclically Adjusted PB Ratio is ranked worse than
72.46% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs EBKDY: 1.45

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.

Erste Group Bank AG.'s adjusted book value per share data for the three months ended in Mar. 2025 was $33.416. 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 $26.69 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Erste Group Bank AG. Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Erste Group Bank AG.'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.

Erste Group Bank AG. Cyclically Adjusted PB Ratio Chart

Erste Group Bank AG. 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 0.71 1.13 0.73 0.83 1.26

Erste Group Bank AG. 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 0.92 0.97 1.07 1.26 1.30

Competitive Comparison of Erste Group Bank AG.'s Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Erste Group Bank AG.'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.


Erste Group Bank AG.'s Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Erste Group Bank AG. 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.

Erste Group Bank AG.'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.27/26.69
=1.51

* 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.

Erste Group Bank AG.'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Erste Group Bank AG.'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)
=33.416/137.6516*137.6516
=33.416

Current CPI (Mar. 2025) = 137.6516.

Erste Group Bank AG. Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.114 100.492 19.333
201509 14.630 100.292 20.080
201512 14.605 100.692 19.966
201603 15.365 100.692 21.005
201606 16.498 101.092 22.465
201609 17.086 101.192 23.242
201612 16.048 102.092 21.638
201703 16.565 102.592 22.226
201706 18.179 102.991 24.297
201709 19.794 103.591 26.302
201712 20.059 104.291 26.475
201803 20.555 104.491 27.078
201806 18.976 105.091 24.855
201809 19.768 105.691 25.746
201812 20.011 106.291 25.915
201903 20.964 106.391 27.124
201906 20.773 106.791 26.776
201909 20.766 106.991 26.717
201912 21.262 108.091 27.077
202003 21.948 108.024 27.968
202006 22.452 107.915 28.639
202009 23.836 108.348 30.283
202012 26.009 109.321 32.749
202103 25.850 110.186 32.293
202106 26.875 110.943 33.345
202109 26.833 111.916 33.003
202112 25.079 113.971 30.290
202203 25.154 117.647 29.431
202206 23.825 120.567 27.201
202209 22.803 123.811 25.352
202212 25.168 125.541 27.596
202303 26.699 128.460 28.609
202306 27.004 130.191 28.552
202309 27.800 131.272 29.151
202312 28.989 132.570 30.100
202403 30.322 133.759 31.204
202406 29.352 134.083 30.133
202409 32.155 133.651 33.118
202412 31.208 135.273 31.757
202503 33.416 137.652 33.416

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.


Erste Group Bank AG.  (OTCPK:EBKDY) 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.


Erste Group Bank AG. Cyclically Adjusted PB Ratio Related Terms

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Erste Group Bank AG. Business Description

Address
Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is a financial services provider. The banking operations of the company are retail and corporate customer business in the eastern part of the European Union, including Austria. The geographical areas consist of two core markets, Austria and Central and Eastern Europe and a residual segment Other comprises the remaining business activities of the bank outside its core markets as well as the reconciliation to the consolidated accounting result. The company's operating segments include Retail, corporations, Group Markets, Asset/Liability Management and Local Corporate Center, Savings Banks, and Group Corporate Center.