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SunTrust Banks (FRA:SUU) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is SunTrust Banks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SunTrust Banks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SunTrust Banks'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.

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SunTrust Banks Cyclically Adjusted PB Ratio Chart

SunTrust Banks Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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SunTrust Banks Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of SunTrust Banks's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SunTrust Banks'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.


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

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

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



SunTrust Banks 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.

SunTrust Banks's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, SunTrust Banks's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=50.026/108.3294*108.3294
=50.026

Current CPI (Sep. 2019) = 108.3294.

SunTrust Banks Quarterly Data

Book Value per Share CPI Adj_Book
200912 24.207 91.111 28.782
201003 26.092 91.821 30.783
201006 29.607 91.962 34.877
201009 0.000 92.162 0.000
201012 27.476 92.474 32.187
201103 25.304 94.283 29.074
201106 25.190 95.235 28.654
201109 27.114 95.727 30.684
201112 28.011 95.213 31.870
201203 28.090 96.783 31.441
201206 30.040 96.819 33.611
201209 28.982 97.633 32.157
201212 28.644 96.871 32.032
201303 29.253 98.209 32.267
201306 28.541 98.518 31.383
201309 28.310 98.790 31.044
201312 28.183 98.326 31.050
201403 28.515 99.695 30.985
201406 29.570 100.560 31.855
201409 31.702 100.428 34.196
201412 33.674 99.070 36.821
201503 39.002 99.621 42.411
201506 37.835 100.684 40.708
201509 38.889 100.392 41.964
201512 40.083 99.792 43.512
201603 40.558 100.470 43.731
201606 41.249 101.688 43.943
201609 41.724 101.861 44.374
201612 43.219 101.863 45.963
201703 42.849 102.862 45.126
201706 41.580 103.349 43.584
201709 39.741 104.136 41.341
201712 40.693 104.011 42.382
201803 38.407 105.290 39.516
201806 41.017 106.317 41.793
201809 41.323 106.507 42.030
201812 43.774 105.998 44.737
201903 45.471 107.251 45.928
201906 47.528 108.070 47.642
201909 50.026 108.329 50.026

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.


SunTrust Banks  (FRA:SUU) 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.


SunTrust Banks Cyclically Adjusted PB Ratio Related Terms

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SunTrust Banks (FRA:SUU) Business Description

Traded in Other Exchanges
N/A
Address
303 Peachtree Street, North East, Atlanta, GA, USA, 30308
SunTrust Banks, headquartered in Atlanta, comprises commercial, corporate, and retail banking operations. SunTrust's corporate and investment banking arm is under the SunTrust Robinson Humphrey brand. The vast majority of SunTrust's deposits are in seven Southeastern U.S. states and the District of Columbia.

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