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Leonteq AG (Leonteq AG) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 04, 2024)


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What is Leonteq AG Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Leonteq AG's current share price is $49.4752. Leonteq AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $50.66. Leonteq AG's Cyclically Adjusted PB Ratio for today is 0.98.

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

LNTQF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.69   Max: 3.09
Current: 0.74

During the past 13 years, Leonteq AG's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.66. And the median was 1.69.

LNTQF's Cyclically Adjusted PB Ratio is ranked better than
56.58% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs LNTQF: 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.

Leonteq AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was $51.384. 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 $50.66 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leonteq AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leonteq AG'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.

Leonteq AG Cyclically Adjusted PB Ratio Chart

Leonteq AG 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 1.54 1.56 2.59 1.39 0.98

Leonteq AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.59 - 1.39 - 0.98

Competitive Comparison of Leonteq AG's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Leonteq AG'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.


Leonteq AG's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Leonteq AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leonteq AG 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.

Leonteq AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.4752/50.66
=0.98

* 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.

Leonteq AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Leonteq AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=51.384/106.4612*106.4612
=51.384

Current CPI (Dec23) = 106.4612.

Leonteq AG Annual Data

Book Value per Share CPI Adj_Book
201412 23.432 100.704 24.772
201512 25.417 99.386 27.226
201612 23.142 99.380 24.791
201712 26.116 100.213 27.744
201812 32.743 100.906 34.546
201912 36.206 101.063 38.140
202012 39.432 100.241 41.879
202112 47.339 101.776 49.518
202212 51.519 104.666 52.403
202312 51.384 106.461 51.384

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.


Leonteq AG  (OTCPK:LNTQF) 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.


Leonteq AG Cyclically Adjusted PB Ratio Related Terms

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Leonteq AG (Leonteq AG) Business Description

Traded in Other Exchanges
Address
Europaallee 39, Zurich, CHE, 8004
Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and Europe, as well as an established footprint in Asia.

Leonteq AG (Leonteq AG) Headlines

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