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Finbond Group (JSE:FGL) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 02, 2025)


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What is Finbond Group Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Finbond Group's current share price is R0.80. Finbond Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 was R1.39. Finbond Group's Cyclically Adjusted PB Ratio for today is 0.58.

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

JSE:FGL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.5   Max: 7.53
Current: 0.58

During the past 13 years, Finbond Group's highest Cyclically Adjusted PB Ratio was 7.53. The lowest was 0.21. And the median was 1.50.

JSE:FGL's Cyclically Adjusted PB Ratio is ranked better than
79.91% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs JSE:FGL: 0.58

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.

Finbond Group's adjusted book value per share data of for the fiscal year that ended in Feb24 was R1.823. 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 R1.39 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finbond Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Finbond Group'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.

Finbond Group Cyclically Adjusted PB Ratio Chart

Finbond Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 1.17 0.48 0.23 0.22

Finbond Group Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - 0.23 - 0.22 -

Competitive Comparison of Finbond Group's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Finbond Group'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.


Finbond Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Finbond Group 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.

Finbond Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.80/1.39
=0.58

* 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.

Finbond Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Finbond Group's adjusted Book Value per Share data for the fiscal year that ended in Feb24 was:

Adj_Book=Book Value per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=1.823/154.2028*154.2028
=1.823

Current CPI (Feb24) = 154.2028.

Finbond Group Annual Data

Book Value per Share CPI Adj_Book
201502 0.541 97.339 0.857
201602 0.610 104.097 0.904
201702 1.054 110.855 1.466
201802 0.981 115.106 1.314
201902 1.464 119.793 1.885
202002 1.655 125.243 2.038
202102 1.196 128.817 1.432
202202 0.997 136.109 1.130
202302 1.004 146.101 1.060
202402 1.823 154.203 1.823

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.


Finbond Group  (JSE:FGL) 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.


Finbond Group Cyclically Adjusted PB Ratio Related Terms

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


Finbond Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
446 Rigel Avenue South, Rigel Park, Erasmusrand, Pretoria, GT, ZAF, 0181
Finbond Group Ltd is a financial services institution that is engaged in the design and delivery of value and solution-based savings, credit, and insurance solutions tailored to depositor and borrower requirements. The company's business segments are Deposit and Debt Finance Products, Lending, Property investment, and Transactional banking. It derives key revenue from the Lending segment.