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Bancontander (FRA:BSDK) Cyclically Adjusted PB Ratio : 0.72 (As of May. 03, 2024)


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What is Bancontander Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Bancontander's current share price is €4.54. Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.32. Bancontander's Cyclically Adjusted PB Ratio for today is 0.72.

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

FRA:BSDK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.56   Max: 0.99
Current: 0.71

During the past years, Bancontander's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.23. And the median was 0.56.

FRA:BSDK's Cyclically Adjusted PB Ratio is ranked better than
66.95% of 1183 companies
in the Banks industry
Industry Median: 0.93 vs FRA:BSDK: 0.71

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.

Bancontander's adjusted book value per share data for the three months ended in Mar. 2024 was €6.125. 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 €6.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander'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.

Bancontander Cyclically Adjusted PB Ratio Chart

Bancontander 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 0.52 0.40 0.46 0.43 0.58

Bancontander Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.52 0.56 0.58 0.70

Competitive Comparison of Bancontander's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bancontander'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.


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

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

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



Bancontander 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.54/6.32
=0.72

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.125/121.2698*121.2698
=6.125

Current CPI (Mar. 2024) = 121.2698.

Bancontander Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.117 101.081 7.339
201409 6.780 100.441 8.186
201412 6.168 100.251 7.461
201503 6.278 99.474 7.654
201506 6.036 101.138 7.238
201509 5.827 99.559 7.098
201512 5.757 100.268 6.963
201603 5.710 98.638 7.020
201606 5.794 100.333 7.003
201609 5.813 99.737 7.068
201612 5.888 101.842 7.011
201703 5.995 100.896 7.206
201706 5.748 101.848 6.844
201709 5.739 101.524 6.855
201712 5.614 102.975 6.611
201803 5.642 102.122 6.700
201806 5.586 104.165 6.503
201809 5.645 103.818 6.594
201812 5.698 104.193 6.632
201903 5.834 103.488 6.836
201906 5.821 104.612 6.748
201909 5.648 103.905 6.592
201912 5.774 105.015 6.668
202003 5.567 103.469 6.525
202006 4.752 104.254 5.528
202009 4.722 103.521 5.532
202012 4.706 104.456 5.464
202103 4.764 104.857 5.510
202106 4.933 107.102 5.586
202109 4.946 107.669 5.571
202112 5.095 111.298 5.551
202203 5.213 115.153 5.490
202206 5.330 118.044 5.476
202209 5.420 117.221 5.607
202212 5.306 117.650 5.469
202303 5.504 118.948 5.611
202306 5.775 120.278 5.823
202309 5.823 121.343 5.820
202312 6.007 121.270 6.007
202403 6.125 121.270 6.125

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.


Bancontander  (FRA:BSDK) 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.


Bancontander Cyclically Adjusted PB Ratio Related Terms

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


Bancontander (FRA:BSDK) Business Description

Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's U.K. presence is the result of its acquisition of Abbey building society. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.

Bancontander (FRA:BSDK) Headlines

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