FBKIF (First International Bank of Israel) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FBKIF First International Bank of Israel Ltd FBKIF
70 GF Score
Price $50.00
GF Value $39.07
! 3 Warning Signs
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What is First International Bank of Israel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First International Bank of Israel  (OTCPK:FBKIF) 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.


First International Bank of Israel Cyclically Adjusted PB Ratio Related Terms


First International Bank of Israel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for First International Bank of Israel'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.

First International Bank of Israel Cyclically Adjusted PB Ratio Chart

First International Bank of Israel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.26 1.19 1.15 2.30

First International Bank of Israel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.52 1.49 2.39 2.32 2.25

FBKIF vs USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, First International Bank of Israel'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.


First International Bank of Israel Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where First International Bank of Israel's Cyclically Adjusted PB Ratio falls into.


FBKIF
70GF Score
First International Bank of Israel Ltd FBKIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First International Bank of Israel 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.

First International Bank of Israel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, First International Bank of Israel's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=51.983/333.9520*333.9520
=51.983

Current CPI (Jun. 2026) = 333.9520.

First International Bank of Israel Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.296 241.428 29.457
201612 20.547 241.432 28.421
201703 22.172 243.801 30.371
201706 23.349 244.955 31.832
201709 23.489 246.819 31.781
201712 24.070 246.524 32.606
201803 22.910 249.554 30.658
201806 22.504 251.989 29.824
201809 23.052 252.439 30.496
201812 22.440 251.233 29.828
201903 23.447 254.202 30.803
201906 24.327 256.143 31.717
201909 25.263 256.759 32.858
201912 25.752 256.974 33.466
202003 25.096 258.115 32.469
202006 26.164 257.797 33.893
202009 27.183 260.280 34.877
202012 29.599 260.474 37.949
202103 29.596 264.877 37.314
202106 31.509 271.696 38.729
202109 32.307 274.310 39.331
202112 33.423 278.802 40.034
202203 32.132 287.504 37.323
202206 29.655 296.311 33.422
202209 29.974 296.808 33.725
202212 31.171 296.797 35.073
202303 31.526 301.836 34.880
202306 31.739 305.109 34.739
202309 31.760 307.789 34.460
202312 35.003 306.746 38.107
202403 35.236 312.332 37.675
202406 34.937 314.175 37.136
202409 36.680 315.301 38.850
202412 38.526 315.605 40.766
202503 38.649 319.799 40.359
202506 44.308 322.561 45.873
202509 45.939 324.800 47.233
202512 47.532 324.054 48.984
202603 47.589 330.213 48.128
202606 51.983 333.952 51.983

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.

Is First International Bank of Israel (FBKIF) Overvalued in 2026?

Based on GuruFocus' analysis, First International Bank of Israel stock appears to be overvalued. The current stock price of $50.00 is trading 28% above its estimated GF Value™ of $39.07.

Key valuation signals for FBKIF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $39.07 vs. price of $50.00 (28% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the FBKIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First International Bank of Israel Business Description

Other Exchanges FIBI:Israel
Address 42, Rothschild Boulevard, Tel Aviv, ISR, 6688310
First International Bank of Israel Ltd is an Israel-based bank that primarily operates through six segments. The Corporate Banking segment focuses on providing financial services to large corporations in Israel. The Private Banking segment provides banking services to high-net-worth Israeli and foreign resident customers. The Commercial Banking segment serves middle-sized business clients. The Household segment provides relatively low cash volume services to private customers. The Small Business segment primarily serves small businesses. The Financial Management segment carries out asset and liability management activities and others. The company generates almost all of its interest and noninterest income from the Israeli domestic market.
70GF Score

Get the complete analysis for FBKIF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.00
Price
$39.07
GF Value