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Mons Bank AS (OCSE:MNBA) Cyclically Adjusted PB Ratio : 0.83 (As of Sep. 24, 2024)


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What is Mons Bank AS Cyclically Adjusted PB Ratio?

As of today (2024-09-24), Mons Bank AS's current share price is kr230.00. Mons Bank AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr277.79. Mons Bank AS's Cyclically Adjusted PB Ratio for today is 0.83.

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

OCSE:MNBA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.84   Max: 1.1
Current: 0.82

During the past years, Mons Bank AS's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.61. And the median was 0.84.

OCSE:MNBA's Cyclically Adjusted PB Ratio is ranked better than
61.07% of 1233 companies
in the Banks industry
Industry Median: 0.98 vs OCSE:MNBA: 0.82

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.

Mons Bank AS's adjusted book value per share data for the three months ended in Jun. 2024 was kr322.843. 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 kr277.79 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mons Bank AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mons Bank 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.

Mons Bank AS Cyclically Adjusted PB Ratio Chart

Mons Bank 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 - 0.64 0.92 0.80 0.78

Mons Bank AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.79 0.79 0.78 0.85 0.86

Competitive Comparison of Mons Bank AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Mons Bank 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.


Mons Bank AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Mons Bank 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.

Mons Bank AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=230.00/277.79
=0.83

* 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.

Mons Bank AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Mons Bank AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=322.843/118.5000*118.5000
=322.843

Current CPI (Jun. 2024) = 118.5000.

Mons Bank AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 99.700 0.000
201412 203.256 99.400 242.312
201503 206.510 100.200 244.226
201506 211.883 100.300 250.330
201509 211.975 100.200 250.689
201512 213.129 99.800 253.064
201603 214.257 100.200 253.388
201606 218.537 100.600 257.422
201609 227.585 100.200 269.150
201612 224.265 100.300 264.959
201703 229.161 101.200 268.336
201706 235.394 101.200 275.634
201709 240.051 101.800 279.431
201712 239.624 101.300 280.310
201803 237.712 101.700 276.980
201806 214.252 102.300 248.180
201809 219.212 102.400 253.678
201812 220.477 102.100 255.892
201903 222.114 102.900 255.787
201906 227.847 102.900 262.389
201909 232.181 102.900 267.380
201912 235.631 102.900 271.353
202003 235.951 103.300 270.670
202006 239.051 103.200 274.492
202009 243.285 103.500 278.544
202012 246.427 103.400 282.414
202103 252.546 104.300 286.929
202106 260.657 105.000 294.170
202109 263.093 105.800 294.674
202112 267.978 106.600 297.893
202203 270.355 109.900 291.511
202206 275.640 113.600 287.529
202209 279.718 116.400 284.764
202212 288.572 115.900 295.046
202303 293.722 117.300 296.727
202306 302.740 116.400 308.202
202309 316.598 117.400 319.564
202312 328.888 116.700 333.961
202403 332.824 118.400 333.105
202406 322.843 118.500 322.843

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.


Mons Bank AS  (OCSE:MNBA) 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.


Mons Bank AS Cyclically Adjusted PB Ratio Related Terms

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


Mons Bank AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Storegade 29, Stege, DNK, 4780
Mons Bank A/S is a regional bank in Denmark. The Bank provides banking and other financial services to private individuals and local businesses in and around the island of Mon (Moen). It has branches in Praesto, Naestved and Vordingborg.

Mons Bank AS Headlines

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