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Nordea Bank Abp (OCSE:NDA DK) Cyclically Adjusted PB Ratio : 1.44 (As of Jul. 04, 2025)


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What is Nordea Bank Abp Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Nordea Bank Abp's current share price is kr94.78. Nordea Bank Abp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr65.87. Nordea Bank Abp's Cyclically Adjusted PB Ratio for today is 1.44.

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

OCSE:NDA DK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.29   Max: 1.89
Current: 1.49

During the past years, Nordea Bank Abp's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.75. And the median was 1.29.

OCSE:NDA DK's Cyclically Adjusted PB Ratio is ranked worse than
71.94% of 1290 companies
in the Banks industry
Industry Median: 1.05 vs OCSE:NDA DK: 1.49

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.

Nordea Bank Abp's adjusted book value per share data for the three months ended in Mar. 2025 was kr63.833. 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 kr65.87 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordea Bank Abp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Cyclically Adjusted PB Ratio Chart

Nordea Bank Abp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.41 1.28 1.35 1.26

Nordea Bank Abp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.27 1.34 1.26 1.26 1.33

Competitive Comparison of Nordea Bank Abp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Nordea Bank Abp 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.

Nordea Bank Abp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=94.78/65.87
=1.44

* 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.

Nordea Bank Abp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nordea Bank Abp's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=63.833/123.0100*123.0100
=63.833

Current CPI (Mar. 2025) = 123.0100.

Nordea Bank Abp Quarterly Data

Book Value per Share CPI Adj_Book
201506 55.149 100.030 67.818
201509 55.467 100.130 68.141
201512 57.462 99.990 70.691
201603 53.807 100.080 66.135
201606 55.576 100.390 68.098
201609 57.349 100.540 70.166
201612 59.728 101.020 72.730
201703 56.910 100.910 69.374
201706 57.529 101.140 69.969
201709 59.229 101.320 71.908
201712 61.119 101.510 74.064
201803 56.977 101.730 68.896
201806 58.989 102.320 70.917
201809 60.292 102.600 72.286
201812 60.825 102.710 72.847
201903 56.383 102.870 67.422
201906 57.448 103.360 68.370
201909 56.386 103.540 66.989
201912 58.233 103.650 69.110
202003 58.213 103.490 69.193
202006 58.598 103.320 69.765
202009 59.939 103.710 71.093
202012 62.145 103.890 73.582
202103 63.499 104.870 74.483
202106 65.337 105.360 76.282
202109 67.353 106.290 77.948
202112 63.331 107.490 72.475
202203 59.829 110.950 66.332
202206 60.956 113.570 66.023
202209 62.291 114.920 66.676
202212 63.025 117.320 66.082
202303 58.315 119.750 59.903
202306 60.571 120.690 61.735
202309 63.857 121.280 64.768
202312 66.133 121.540 66.933
202403 61.541 122.360 61.868
202406 64.751 122.230 65.164
202409 67.027 122.260 67.438
202412 69.353 122.390 69.704
202503 63.833 123.010 63.833

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.


Nordea Bank Abp  (OCSE:NDA DK) 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.


Nordea Bank Abp Cyclically Adjusted PB Ratio Related Terms

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


Nordea Bank Abp Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp Headlines

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