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ISDAY (Israel Discount Bank) Cyclically Adjusted PB Ratio : 1.28 (As of Jan. 18, 2025)


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What is Israel Discount Bank Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Israel Discount Bank's current share price is $62.00. Israel Discount Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $48.36. Israel Discount Bank's Cyclically Adjusted PB Ratio for today is 1.28.

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

ISDAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.07   Max: 1.49
Current: 1.36

During the past years, Israel Discount Bank's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.66. And the median was 1.07.

ISDAY's Cyclically Adjusted PB Ratio is ranked worse than
69.44% of 1227 companies
in the Banks industry
Industry Median: 1.02 vs ISDAY: 1.36

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.

Israel Discount Bank's adjusted book value per share data for the three months ended in Sep. 2024 was $70.894. 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 $48.36 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Israel Discount Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Israel Discount Bank'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.

Israel Discount Bank Cyclically Adjusted PB Ratio Chart

Israel Discount Bank 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 1.21 0.88 1.34 1.09 1.01

Israel Discount Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.14 1.01 1.04 1.00 1.08

Competitive Comparison of Israel Discount Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Israel Discount Bank'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.


Israel Discount Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Israel Discount Bank 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.

Israel Discount Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.00/48.36
=1.28

* 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.

Israel Discount Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Israel Discount Bank's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=70.894/133.0289*133.0289
=70.894

Current CPI (Sep. 2024) = 133.0289.

Israel Discount Bank Quarterly Data

Book Value per Share CPI Adj_Book
201412 33.553 99.070 45.054
201503 34.603 99.621 46.207
201506 34.725 100.684 45.881
201509 35.444 100.392 46.967
201512 35.388 99.792 47.174
201603 35.340 100.470 46.792
201606 36.669 101.688 47.971
201609 38.035 101.861 49.673
201612 34.991 101.863 45.697
201703 35.574 102.862 46.007
201706 36.100 103.349 46.467
201709 36.876 104.136 47.108
201712 37.603 104.011 48.094
201803 38.328 105.290 48.426
201806 39.220 106.317 49.074
201809 40.098 106.507 50.083
201812 41.354 105.998 51.900
201903 42.480 107.251 52.690
201906 43.806 108.070 53.923
201909 44.503 108.329 54.650
201912 45.036 108.420 55.258
202003 45.641 108.902 55.753
202006 45.822 108.767 56.043
202009 46.198 109.815 55.964
202012 46.251 109.897 55.986
202103 47.828 111.754 56.933
202106 49.921 114.631 57.933
202109 51.469 115.734 59.160
202112 51.799 117.630 58.580
202203 52.246 121.301 57.297
202206 53.296 125.017 56.712
202209 54.708 125.227 58.117
202212 56.450 125.222 59.969
202303 59.209 127.348 61.850
202306 61.296 128.729 63.344
202309 62.669 129.860 64.199
202312 64.605 129.419 66.407
202403 66.776 131.776 67.411
202406 68.882 132.554 69.129
202409 70.894 133.029 70.894

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.


Israel Discount Bank  (OTCPK:ISDAY) 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.


Israel Discount Bank Cyclically Adjusted PB Ratio Related Terms

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


Israel Discount Bank Business Description

Traded in Other Exchanges
Address
23 Yehuda Halevi Street, Tel Aviv, ISR, 65136
Israel Discount Bank Ltd and its subsidiaries engage in banking and financial services. The bank is headquartered in Israel and earns the majority of its revenue domestically. The bank operates through several segments organized by customer type, including Household, Private banking, Minute businesses, Small businesses, Medium businesses, Large businesses, Institutional Bodies, Financial management, and Others.