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Jyske Bank A/S (Jyske Bank A/S) Cyclically Adjusted PB Ratio : 1.13 (As of May. 22, 2024)


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What is Jyske Bank A/S Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Jyske Bank A/S's current share price is $76.50. Jyske Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $67.58. Jyske Bank A/S's Cyclically Adjusted PB Ratio for today is 1.13.

The historical rank and industry rank for Jyske Bank A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

JYSKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.9   Max: 1.43
Current: 1.06

During the past years, Jyske Bank A/S's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.48. And the median was 0.90.

JYSKF's Cyclically Adjusted PB Ratio is ranked worse than
59.73% of 1192 companies
in the Banks industry
Industry Median: 0.93 vs JYSKF: 1.06

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.

Jyske Bank A/S's adjusted book value per share data for the three months ended in Mar. 2024 was $110.805. 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 $67.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jyske Bank A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jyske Bank A/S'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.

Jyske Bank A/S Cyclically Adjusted PB Ratio Chart

Jyske Bank A/S 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 0.78 0.68 0.88 1.00 0.98

Jyske Bank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.03 1.09 1.06 0.98 1.13

Competitive Comparison of Jyske Bank A/S's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Jyske Bank A/S'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.


Jyske Bank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jyske Bank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jyske Bank A/S's Cyclically Adjusted PB Ratio falls into.



Jyske Bank A/S 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.

Jyske Bank A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.50/67.58
=1.13

* 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.

Jyske Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jyske Bank A/S's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=110.805/118.4000*118.4000
=110.805

Current CPI (Mar. 2024) = 118.4000.

Jyske Bank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 52.277 99.700 62.082
201409 50.664 99.700 60.167
201412 48.077 99.400 57.267
201503 42.735 100.200 50.497
201506 45.927 100.300 54.215
201509 46.310 100.200 54.722
201512 46.323 99.800 54.956
201603 47.196 100.200 55.769
201606 49.169 100.600 57.869
201609 52.713 100.200 62.288
201612 51.686 100.300 61.013
201703 53.210 101.200 62.254
201706 56.130 101.200 65.670
201709 62.927 101.800 73.188
201712 61.718 101.300 72.136
201803 66.318 101.700 77.208
201806 64.270 102.300 74.385
201809 64.407 102.400 74.471
201812 64.161 102.100 74.404
201903 64.792 102.900 74.552
201906 67.909 102.900 78.138
201909 67.841 102.900 78.060
201912 70.973 102.900 81.664
202003 69.948 103.300 80.173
202006 73.255 103.200 84.044
202009 78.210 103.500 89.469
202012 82.562 103.400 94.539
202103 83.061 104.300 94.290
202106 89.604 105.000 101.039
202109 86.364 105.800 96.649
202112 85.711 106.600 95.199
202203 86.257 109.900 92.928
202206 85.204 113.600 88.804
202209 80.917 116.400 82.307
202212 90.031 115.900 91.973
202303 93.745 117.300 94.624
202306 97.442 116.400 99.116
202309 99.336 117.400 100.182
202312 104.485 116.700 106.007
202403 110.805 118.400 110.805

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.


Jyske Bank A/S  (OTCPK:JYSKF) 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.


Jyske Bank A/S Cyclically Adjusted PB Ratio Related Terms

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


Jyske Bank A/S (Jyske Bank A/S) Business Description

Traded in Other Exchanges
Address
Vestergade 8-16, Silkeborg, DNK, 8600
Jyske Bank A/S is engaged in banking activities. Its subsidiaries provide other financial or accessory services. The company conducts mortgage-credit activities through Jyske Realkredit. The group's primary focus is Danish small and midsize enterprise and retail clients. Through its retail and commercial banking activities, Jyske offers a full range of financial services. Its segment consists of Banking Activities, Mortgage Activities, and Leasing Activities. The company operates in Denmark and Germany, where it earns the majority of its revenue from Denmark.

Jyske Bank A/S (Jyske Bank A/S) Headlines