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Access Hldgs (NSA:ACCESSCORP) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 06, 2025)


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What is Access Hldgs Cyclically Adjusted PB Ratio?

As of today (2025-06-06), Access Hldgs's current share price is ₦23.20. Access Hldgs's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₦29.96. Access Hldgs's Cyclically Adjusted PB Ratio for today is 0.77.

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

NSA:ACCESSCORP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.63   Max: 1.25
Current: 0.73

During the past years, Access Hldgs's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.39. And the median was 0.63.

NSA:ACCESSCORP's Cyclically Adjusted PB Ratio is ranked better than
71.26% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs NSA:ACCESSCORP: 0.73

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.

Access Hldgs's adjusted book value per share data for the three months ended in Sep. 2024 was ₦95.561. 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 ₦29.96 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Access Hldgs Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs Cyclically Adjusted PB Ratio Chart

Access Hldgs 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 - - 0.53 0.43 0.96

Access Hldgs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.68 0.96 0.94 0.68 0.69

Competitive Comparison of Access Hldgs's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Access Hldgs 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.

Access Hldgs's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.20/29.96
=0.77

* 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.

Access Hldgs's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Access Hldgs's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=95.561/133.0289*133.0289
=95.561

Current CPI (Sep. 2024) = 133.0289.

Access Hldgs Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.969 99.070 16.072
201503 12.651 99.621 16.893
201506 13.065 100.684 17.262
201509 12.034 100.392 15.946
201512 12.580 99.792 16.770
201603 13.097 100.470 17.341
201606 14.620 101.688 19.126
201609 15.094 101.861 19.713
201612 15.414 101.863 20.130
201703 15.946 102.862 20.623
201706 16.453 103.349 21.178
201709 17.299 104.136 22.099
201712 17.433 104.011 22.297
201803 15.454 105.290 19.525
201806 15.648 106.317 19.580
201809 16.056 106.507 20.054
201812 16.684 105.998 20.939
201903 16.000 107.251 19.846
201906 16.205 108.070 19.948
201909 17.070 108.329 20.962
201912 16.830 108.420 20.650
202003 17.662 108.902 21.575
202006 18.661 108.767 22.824
202009 18.887 109.815 22.880
202012 20.923 109.897 25.327
202103 22.109 111.754 26.318
202106 21.506 114.631 24.958
202109 21.999 115.734 25.286
202112 28.880 117.630 32.661
202203 29.570 121.301 32.429
202206 29.762 125.017 31.669
202209 28.626 125.227 30.410
202212 34.001 125.222 36.121
202303 39.459 127.348 41.219
202306 50.603 128.729 52.293
202309 49.061 129.860 50.258
202312 59.363 129.419 61.019
202403 74.560 131.776 75.269
202406 83.238 132.554 83.536
202409 95.561 133.029 95.561

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.


Access Hldgs  (NSA:ACCESSCORP) 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.


Access Hldgs Cyclically Adjusted PB Ratio Related Terms

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


Access Hldgs Business Description

Traded in Other Exchanges
N/A
Address
Prince Alaba Oniru Street, Plot 14/15, Oniru Estate, Oniru Estate, Victoria Island, Lagos, NGA
Access Hldgs PLC is a multinational financial services company that offers commercial banking, lending, payment, insurance, and asset management services. The Company's business segments include banking, consumer lending, payment services, insurance brokerage and pension funds administration.

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