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Komercni Banka AS (Komercni Banka AS) Cyclically Adjusted PB Ratio : 1.36 (As of May. 16, 2024)


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What is Komercni Banka AS Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Komercni Banka AS's current share price is $35.00. Komercni Banka AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.67. Komercni Banka AS's Cyclically Adjusted PB Ratio for today is 1.36.

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

KMERF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.14   Max: 1.62
Current: 1.18

During the past years, Komercni Banka AS's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.85. And the median was 1.14.

KMERF's Cyclically Adjusted PB Ratio is ranked worse than
66.86% of 1186 companies
in the Banks industry
Industry Median: 0.935 vs KMERF: 1.18

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.

Komercni Banka AS's adjusted book value per share data for the three months ended in Mar. 2024 was $29.075. 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 $25.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komercni Banka AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Komercni Banka AS'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.

Komercni Banka AS Cyclically Adjusted PB Ratio Chart

Komercni Banka AS 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 1.57 1.17 1.53 1.01 1.07

Komercni Banka AS 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 1.08 0.99 0.99 1.07 1.25

Competitive Comparison of Komercni Banka AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Komercni Banka AS'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.


Komercni Banka AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Komercni Banka AS's Cyclically Adjusted PB Ratio falls into.



Komercni Banka AS 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.

Komercni Banka AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.00/25.67
=1.36

* 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.

Komercni Banka AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Komercni Banka AS'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)
=29.075/131.7762*131.7762
=29.075

Current CPI (Mar. 2024) = 131.7762.

Komercni Banka AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.532 100.560 33.458
201409 25.024 100.428 32.835
201412 25.107 99.070 33.396
201503 22.843 99.621 30.216
201506 20.564 100.684 26.914
201509 21.988 100.392 28.862
201512 21.824 99.792 28.819
201603 23.202 100.470 30.432
201606 21.752 101.688 28.188
201609 22.533 101.861 29.151
201612 20.967 101.863 27.124
201703 21.543 102.862 27.599
201706 21.692 103.349 27.659
201709 23.074 104.136 29.199
201712 23.075 104.011 29.235
201803 24.978 105.290 31.261
201806 22.041 106.317 27.319
201809 23.218 106.507 28.727
201812 23.321 105.998 28.993
201903 24.054 107.251 29.555
201906 22.843 108.070 27.854
201909 22.903 108.329 27.860
201912 24.342 108.420 29.586
202003 23.594 108.902 28.550
202006 24.495 108.767 29.677
202009 26.040 109.815 31.248
202012 27.862 109.897 33.409
202103 27.890 111.754 32.887
202106 29.943 114.631 34.421
202109 30.391 115.734 34.603
202112 29.277 117.630 32.798
202203 29.458 121.301 32.002
202206 27.641 125.017 29.135
202209 26.918 125.227 28.326
202212 28.060 125.222 29.529
202303 29.921 127.348 30.961
202306 28.497 128.729 29.172
202309 28.265 129.860 28.682
202312 29.506 129.419 30.043
202403 29.075 131.776 29.075

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.


Komercni Banka AS  (OTCPK:KMERF) 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.


Komercni Banka AS Cyclically Adjusted PB Ratio Related Terms

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


Komercni Banka AS (Komercni Banka AS) Business Description

Traded in Other Exchanges
Address
Na Prikope 33/969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by specialized financial services provided by its subsidiaries. The bank operates primarily in the Czech Republic, as well as providing some services to corporate clients in Slovakia. The bank's strategy emphasizes long-term client relationships and creating solutions based on client feedback. Most of the bank's net revenue is net interest income primarily from loans and advances to customers. The bank's loan portfolio is tilted toward the real estate, wholesale, and transportation industries, as well as public administration.

Komercni Banka AS (Komercni Banka AS) Headlines

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