GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bankinter SA (FRA:BAKA) » Definitions » Cyclically Adjusted PB Ratio

Bankinter (FRA:BAKA) Cyclically Adjusted PB Ratio : 1.37 (As of Sep. 21, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Bankinter Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Bankinter's current share price is €7.98. Bankinter's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €5.81. Bankinter's Cyclically Adjusted PB Ratio for today is 1.37.

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

FRA:BAKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.06   Max: 1.59
Current: 1.34

During the past years, Bankinter's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.50. And the median was 1.06.

FRA:BAKA's Cyclically Adjusted PB Ratio is ranked worse than
71.39% of 1234 companies
in the Banks industry
Industry Median: 0.98 vs FRA:BAKA: 1.34

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.

Bankinter's adjusted book value per share data for the three months ended in Jun. 2024 was €6.280. 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 €5.81 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bankinter Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bankinter'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.

Bankinter Cyclically Adjusted PB Ratio Chart

Bankinter 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 1.06 0.70 0.91 1.17 1.03

Bankinter Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.02 1.08 1.03 1.18 1.30

Competitive Comparison of Bankinter's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bankinter'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.


Bankinter's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bankinter 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.

Bankinter's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.98/5.81
=1.37

* 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.

Bankinter's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Bankinter's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=6.28/124.4086*124.4086
=6.280

Current CPI (Jun. 2024) = 124.4086.

Bankinter Quarterly Data

Book Value per Share CPI Adj_Book
201409 4.058 100.441 5.026
201412 4.054 100.251 5.031
201503 4.107 99.474 5.136
201506 4.101 101.138 5.045
201509 4.183 99.559 5.227
201512 4.226 100.268 5.243
201603 4.271 98.638 5.387
201606 4.428 100.333 5.491
201609 4.536 99.737 5.658
201612 4.559 101.842 5.569
201703 4.594 100.896 5.665
201706 4.698 101.848 5.739
201709 4.784 101.524 5.862
201712 4.848 102.975 5.857
201803 4.906 102.122 5.977
201806 4.893 104.165 5.844
201809 4.953 103.818 5.935
201812 4.991 104.193 5.959
201903 5.059 103.488 6.082
201906 5.204 104.612 6.189
201909 5.321 103.905 6.371
201912 5.341 105.015 6.327
202003 5.190 103.469 6.240
202006 5.253 104.254 6.269
202009 5.394 103.521 6.482
202012 5.528 104.456 6.584
202103 5.618 104.857 6.666
202106 5.427 107.102 6.304
202109 5.393 107.669 6.231
202112 5.399 111.298 6.035
202203 5.402 115.153 5.836
202206 5.357 118.044 5.646
202209 5.437 117.221 5.770
202212 5.458 117.650 5.772
202303 5.539 118.948 5.793
202306 5.672 120.278 5.867
202309 5.890 121.343 6.039
202312 5.923 121.300 6.075
202403 6.046 122.762 6.127
202406 6.280 124.409 6.280

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.


Bankinter  (FRA:BAKA) 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.


Bankinter Cyclically Adjusted PB Ratio Related Terms

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


Bankinter Business Description

Industry
Address
Paseo de la Castellana 29, Madrid, ESP, 28046
Bankinter SA is a bank operating primarily in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. The bank's strategy emphasizes innovation, as well as both organic and acquisitive growth, including international expansion beginning with Portugal. Bankinter's stated purpose for this expansion is to diversify its revenue base away from traditional spread lending and toward fee and commission income from private banking and asset management. To this end, the company has also placed an increasingly greater emphasis on corporate banking and higher-margin consumer finance.

Bankinter Headlines

No Headlines