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EBKOF (Erste Group Bank AG.) Cyclically Adjusted PB Ratio : 1.50 (As of May. 15, 2025)


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

As of today (2025-05-15), Erste Group Bank AG.'s current share price is $80.2925. Erste Group Bank AG.'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $53.67. Erste Group Bank AG.'s Cyclically Adjusted PB Ratio for today is 1.50.

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

EBKOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.94   Max: 1.46
Current: 1.46

During the past years, Erste Group Bank AG.'s highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.44. And the median was 0.94.

EBKOF's Cyclically Adjusted PB Ratio is ranked worse than
73.2% of 1276 companies
in the Banks industry
Industry Median: 1.02 vs EBKOF: 1.46

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 $66.833. 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 $53.67 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 1.31

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
=80.2925/53.67
=1.50

* 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)
=66.833/137.4354*137.4354
=66.833

Current CPI (Mar. 2025) = 137.4354.

Erste Group Bank AG. Quarterly Data

Book Value per Share CPI Adj_Book
201506 28.227 100.492 38.604
201509 29.259 100.292 40.095
201512 29.210 100.692 39.869
201603 30.729 100.692 41.942
201606 32.995 101.092 44.857
201609 34.171 101.192 46.410
201612 32.096 102.092 43.208
201703 33.131 102.592 44.384
201706 36.357 102.991 48.516
201709 39.588 103.591 52.522
201712 40.118 104.291 52.868
201803 41.110 104.491 54.071
201806 37.951 105.091 49.631
201809 39.536 105.691 51.411
201812 40.021 106.291 51.748
201903 41.929 106.391 54.164
201906 41.546 106.791 53.468
201909 41.533 106.991 53.351
201912 42.524 108.091 54.068
202003 43.896 108.024 55.848
202006 44.904 107.915 57.187
202009 47.671 108.348 60.469
202012 52.017 109.321 65.394
202103 51.699 110.186 64.484
202106 53.751 110.943 66.586
202109 53.666 111.916 65.903
202112 50.159 113.971 60.486
202203 50.308 117.647 58.770
202206 47.650 120.567 54.317
202209 45.607 123.811 50.626
202212 50.336 125.541 55.105
202303 53.397 128.460 57.128
202306 54.008 130.191 57.013
202309 55.600 131.272 58.211
202312 57.978 132.570 60.106
202403 60.643 133.759 62.310
202406 58.704 134.083 60.172
202409 64.310 133.651 66.131
202412 62.416 135.273 63.414
202503 66.833 137.435 66.833

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:EBKOF) 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.

Erste Group Bank AG. Headlines