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Metropolitan Bank & Trust Co (Metropolitan Bank & Trust Co) Cyclically Adjusted PB Ratio : 1.23 (As of May. 17, 2024)


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What is Metropolitan Bank & Trust Co Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Metropolitan Bank & Trust Co's current share price is $1.29. Metropolitan Bank & Trust Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.05. Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio for today is 1.23.

The historical rank and industry rank for Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

MTPOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.91   Max: 2.24
Current: 0.95

During the past years, Metropolitan Bank & Trust Co's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 0.65. And the median was 0.91.

MTPOF's Cyclically Adjusted PB Ratio is ranked worse than
50.67% of 1188 companies
in the Banks industry
Industry Median: 0.94 vs MTPOF: 0.95

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.

Metropolitan Bank & Trust Co's adjusted book value per share data for the three months ended in Mar. 2024 was $1.331. 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 $1.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metropolitan Bank & Trust Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metropolitan Bank & Trust Co'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.

Metropolitan Bank & Trust Co Cyclically Adjusted PB Ratio Chart

Metropolitan Bank & Trust Co 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 1.35 0.91 0.92 0.80 0.72

Metropolitan Bank & Trust Co 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 0.85 0.79 0.76 0.72 0.90

Competitive Comparison of Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Metropolitan Bank & Trust Co'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.


Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio falls into.



Metropolitan Bank & Trust Co 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.

Metropolitan Bank & Trust Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.29/1.05
=1.23

* 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.

Metropolitan Bank & Trust Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Metropolitan Bank & Trust Co'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)
=1.331/131.7762*131.7762
=1.331

Current CPI (Mar. 2024) = 131.7762.

Metropolitan Bank & Trust Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.719 100.560 0.942
201409 0.736 100.428 0.966
201412 0.777 99.070 1.034
201503 0.820 99.621 1.085
201506 0.869 100.684 1.137
201509 0.887 100.392 1.164
201512 0.893 99.792 1.179
201603 0.892 100.470 1.170
201606 0.914 101.688 1.184
201609 0.929 101.861 1.202
201612 0.905 101.863 1.171
201703 0.924 102.862 1.184
201706 0.947 103.349 1.207
201709 0.969 104.136 1.226
201712 0.896 104.011 1.135
201803 0.997 105.290 1.248
201806 1.041 106.317 1.290
201809 1.068 106.507 1.321
201812 1.090 105.998 1.355
201903 1.112 107.251 1.366
201906 1.142 108.070 1.393
201909 1.173 108.329 1.427
201912 1.192 108.420 1.449
202003 1.172 108.902 1.418
202006 1.242 108.767 1.505
202009 1.231 109.815 1.477
202012 1.248 109.897 1.496
202103 1.180 111.754 1.391
202106 1.206 114.631 1.386
202109 1.221 115.734 1.390
202112 1.226 117.630 1.373
202203 1.170 121.301 1.271
202206 1.168 125.017 1.231
202209 1.189 125.227 1.251
202212 1.226 125.222 1.290
202303 1.232 127.348 1.275
202306 1.270 128.729 1.300
202309 1.317 129.860 1.336
202312 1.373 129.419 1.398
202403 1.331 131.776 1.331

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.


Metropolitan Bank & Trust Co  (OTCPK:MTPOF) 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.


Metropolitan Bank & Trust Co Cyclically Adjusted PB Ratio Related Terms

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


Metropolitan Bank & Trust Co (Metropolitan Bank & Trust Co) Business Description

Traded in Other Exchanges
Address
Sen. Gil J. Puyat Avenue, Metrobank Plaza, Urdaneta Village, Metro Manila, Makati, PHL, 1200
Metropolitan Bank & Trust Co is a Filipino bank that provides a diverse range of banking and collateral services. The company has different segments namely Consumer Banking, Corporate Banking, Investment Banking and Others. The Group operates in Philippines, Asia other than Philippines, USA and Europe.

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