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UBS Group AG (LTS:0QXS) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is UBS Group AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


UBS Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UBS Group 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.

UBS Group AG Cyclically Adjusted PB Ratio Chart

UBS Group 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 0.90 0.90 1.14 1.14 1.61

UBS Group AG 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 1.26 1.15 1.42 1.61 1.68

Competitive Comparison of UBS Group AG's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, UBS Group 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.


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

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

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



UBS Group 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.

UBS Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, UBS Group AG'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)
=19.751/107.3549*107.3549
=19.751

Current CPI (Mar. 2024) = 107.3549.

UBS Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.983 101.517 13.730
201409 13.053 101.247 13.840
201412 13.013 100.704 13.872
201503 13.821 100.339 14.787
201506 13.172 100.464 14.076
201509 14.115 99.785 15.186
201512 14.517 99.386 15.681
201603 14.536 99.475 15.687
201606 13.641 100.088 14.631
201609 13.995 99.604 15.084
201612 14.063 99.380 15.192
201703 14.003 100.040 15.027
201706 13.667 100.285 14.630
201709 13.772 100.254 14.748
201712 13.508 100.213 14.471
201803 13.281 100.836 14.140
201806 13.134 101.435 13.901
201809 13.150 101.246 13.944
201812 13.687 100.906 14.562
201903 13.998 101.571 14.795
201906 13.698 102.044 14.411
201909 14.510 101.396 15.363
201912 13.961 101.063 14.830
202003 14.492 101.048 15.397
202006 14.145 100.743 15.073
202009 14.180 100.585 15.134
202012 13.768 100.241 14.745
202103 14.065 100.800 14.980
202106 13.907 101.352 14.731
202109 14.487 101.533 15.318
202112 14.565 101.776 15.363
202203 14.260 103.205 14.833
202206 14.378 104.783 14.731
202209 14.147 104.835 14.487
202212 13.813 104.666 14.168
202303 13.693 106.245 13.836
202306 20.422 106.576 20.571
202309 19.901 106.570 20.048
202312 19.413 106.461 19.576
202403 19.751 107.355 19.751

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.


UBS Group AG  (LTS:0QXS) 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.


UBS Group AG Cyclically Adjusted PB Ratio Related Terms

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UBS Group AG (LTS:0QXS) Business Description

Industry
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.

UBS Group AG (LTS:0QXS) Headlines

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