GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (HKSE:02888) » Definitions » Cyclically Adjusted PB Ratio

Standard Chartered (HKSE:02888) Cyclically Adjusted PB Ratio : 0.79 (As of Jun. 04, 2025)


View and export this data going back to 2002. Start your Free Trial

What is Standard Chartered Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Standard Chartered's current share price is HK$122.30. Standard Chartered's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was HK$154.27. Standard Chartered's Cyclically Adjusted PB Ratio for today is 0.79.

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

HKSE:02888' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.48   Max: 0.83
Current: 0.74

During the past years, Standard Chartered's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.34. And the median was 0.48.

HKSE:02888's Cyclically Adjusted PB Ratio is ranked better than
70.62% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs HKSE:02888: 0.74

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.

Standard Chartered's adjusted book value per share data for the three months ended in Mar. 2025 was HK$170.837. 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 HK$154.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chartered Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Standard Chartered'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.

Standard Chartered Cyclically Adjusted PB Ratio Chart

Standard Chartered Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.40 0.47 0.47 0.65

Standard Chartered Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.46 0.48 0.53 0.65 0.74

Competitive Comparison of Standard Chartered's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Standard Chartered'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.


Standard Chartered's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Standard Chartered 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.

Standard Chartered's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.30/154.27
=0.79

* 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.

Standard Chartered's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Standard Chartered's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=170.837/136.1000*136.1000
=170.837

Current CPI (Mar. 2025) = 136.1000.

Standard Chartered Quarterly Data

Book Value per Share CPI Adj_Book
201112 126.406 95.000 181.093
201206 130.587 95.600 185.909
201212 138.671 97.300 193.968
201306 136.439 98.000 189.483
201312 140.620 99.200 192.927
201406 144.205 99.800 196.656
201412 138.570 99.900 188.783
201506 142.156 100.100 193.281
201512 113.946 100.400 154.463
201606 114.671 101.000 154.522
201612 114.198 102.200 152.078
201706 120.983 103.500 159.090
201712 121.994 105.000 158.127
201806 121.499 105.900 156.147
201812 118.376 107.100 150.429
201903 0.000 107.000 0.000
201906 120.172 107.900 151.579
201909 0.000 108.400 0.000
201912 122.948 108.500 154.223
202003 122.625 108.600 153.676
202006 121.742 108.800 152.289
202009 120.020 109.200 149.585
202012 123.804 109.400 154.019
202103 129.267 109.700 160.376
202106 130.670 111.400 159.643
202109 129.997 112.400 157.407
202112 133.353 114.700 158.233
202203 130.531 116.500 152.492
202206 131.411 120.500 148.424
202209 135.142 122.300 150.391
202212 134.859 125.300 146.483
202303 138.691 126.800 148.863
202306 139.278 129.400 146.489
202309 139.240 130.100 145.662
202312 147.956 130.500 154.305
202403 152.603 131.600 157.821
202406 155.950 133.000 159.585
202409 163.840 133.500 167.031
202412 164.285 135.100 165.501
202503 170.837 136.100 170.837

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.


Standard Chartered  (HKSE:02888) 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.


Standard Chartered Cyclically Adjusted PB Ratio Related Terms

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


Standard Chartered Business Description

Address
1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the United Kingdom and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the UK. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.
Executives
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you

Standard Chartered Headlines

No Headlines