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Fubon Financial Holdings Co (Fubon Financial Holdings Co) Cyclically Adjusted PB Ratio : 1.26 (As of Apr. 30, 2024)


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What is Fubon Financial Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Fubon Financial Holdings Co's current share price is $17.14286. Fubon Financial Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.65. Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio for today is 1.26.

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

FUIZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.18   Max: 1.81
Current: 1.31

During the past years, Fubon Financial Holdings Co's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.91. And the median was 1.18.

FUIZF's Cyclically Adjusted PB Ratio is ranked worse than
58.11% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs FUIZF: 1.31

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.

Fubon Financial Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was $19.335. 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 $13.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fubon Financial Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fubon Financial Holdings Co'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.

Fubon Financial Holdings Co Cyclically Adjusted PB Ratio Chart

Fubon Financial Holdings Co 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 1.14 1.07 1.61 1.12 1.26

Fubon Financial Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.12 1.10 1.15 1.19 1.26

Competitive Comparison of Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio

For the Insurance - Life subindustry, Fubon Financial Holdings Co'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.


Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio falls into.



Fubon Financial Holdings Co 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.

Fubon Financial Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.14286/13.65
=1.26

* 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.

Fubon Financial Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fubon Financial Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.335/129.4194*129.4194
=19.335

Current CPI (Dec. 2023) = 129.4194.

Fubon Financial Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.226 99.695 11.977
201406 9.678 100.560 12.456
201409 9.923 100.428 12.788
201412 10.487 99.070 13.700
201503 11.270 99.621 14.641
201506 10.005 100.684 12.860
201509 8.769 100.392 11.305
201512 9.033 99.792 11.715
201603 9.855 100.470 12.695
201606 10.752 101.688 13.684
201609 11.766 101.861 14.949
201612 10.596 101.863 13.463
201703 11.312 102.862 14.233
201706 11.746 103.349 14.709
201709 12.447 104.136 15.469
201712 12.977 104.011 16.147
201803 14.150 105.290 17.393
201806 13.202 106.317 16.071
201809 13.179 106.507 16.014
201812 11.690 105.998 14.273
201903 13.713 107.251 16.548
201906 13.942 108.070 16.696
201909 14.757 108.329 17.630
201912 15.847 108.420 18.916
202003 13.122 108.902 15.594
202006 15.849 108.767 18.858
202009 17.842 109.815 21.027
202012 21.433 109.897 25.240
202103 22.949 111.754 26.577
202106 24.103 114.631 27.212
202109 24.211 115.734 27.074
202112 25.851 117.630 28.442
202203 26.372 121.301 28.137
202206 15.853 125.017 16.411
202209 13.168 125.227 13.609
202212 13.779 125.222 14.241
202303 17.541 127.348 17.826
202306 18.120 128.729 18.217
202309 17.299 129.860 17.240
202312 19.335 129.419 19.335

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.


Fubon Financial Holdings Co  (OTCPK:FUIZF) 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.


Fubon Financial Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Fubon Financial Holdings Co (Fubon Financial Holdings Co) Business Description

Traded in Other Exchanges
Address
No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104
Fubon Financial Holdings Co Ltd is a full-service financial holding company. The company's segments include Bank business; Insurance business; Life insurance business; Securities business and others. It generates maximum revenue from Insurance business segment. The Insurance business segment provides a variety of life and property insurance services. Its Bank business segment is engaged in banking business. Geographically, it derives a majority of its revenue from Taiwan.

Fubon Financial Holdings Co (Fubon Financial Holdings Co) Headlines