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Pareto Bank ASA (OSL:PARB) Cyclically Adjusted PB Ratio : 1.32 (As of May. 01, 2025)


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What is Pareto Bank ASA Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Pareto Bank ASA's current share price is kr73.60. Pareto Bank ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr55.91. Pareto Bank ASA's Cyclically Adjusted PB Ratio for today is 1.32.

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

OSL:PARB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.24   Max: 1.43
Current: 1.29

During the past years, Pareto Bank ASA's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 1.17. And the median was 1.24.

OSL:PARB's Cyclically Adjusted PB Ratio is ranked worse than
68.83% of 1264 companies
in the Banks industry
Industry Median: 0.98 vs OSL:PARB: 1.29

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.

Pareto Bank ASA's adjusted book value per share data for the three months ended in Dec. 2024 was kr70.806. 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 kr55.91 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pareto Bank ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pareto Bank ASA'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.

Pareto Bank ASA Cyclically Adjusted PB Ratio Chart

Pareto Bank ASA 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 - - - - 1.21

Pareto Bank ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 1.14 1.20 1.21

Competitive Comparison of Pareto Bank ASA's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Pareto Bank ASA'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.


Pareto Bank ASA's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Pareto Bank ASA 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.

Pareto Bank ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.60/55.91
=1.32

* 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.

Pareto Bank ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Pareto Bank ASA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=70.806/134.8000*134.8000
=70.806

Current CPI (Dec. 2024) = 134.8000.

Pareto Bank ASA Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.200 0.000
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 25.319 100.900 33.826
201603 29.902 102.500 39.325
201606 31.057 103.800 40.332
201609 32.304 104.200 41.791
201612 33.797 104.400 43.638
201703 32.228 105.000 41.375
201706 33.496 105.800 42.677
201709 34.952 105.900 44.490
201712 36.194 106.100 45.984
201803 35.937 107.300 45.147
201806 40.062 108.500 49.773
201809 41.339 109.500 50.890
201812 42.696 109.800 52.417
201903 44.360 110.400 54.164
201906 44.297 110.600 53.989
201909 45.028 111.100 54.633
201912 46.634 111.300 56.480
202003 47.608 111.200 57.712
202006 49.398 112.100 59.401
202009 50.838 112.900 60.699
202012 50.619 112.900 60.438
202103 52.297 114.600 61.515
202106 54.143 115.300 63.300
202109 55.941 117.500 64.177
202112 54.713 118.900 62.030
202203 54.401 119.800 61.212
202206 56.250 122.600 61.847
202209 58.145 125.600 62.404
202212 60.471 125.900 64.746
202303 61.930 127.600 65.424
202306 62.532 130.400 64.642
202309 63.218 129.800 65.653
202312 65.183 131.900 66.616
202403 67.300 132.600 68.417
202406 66.838 133.800 67.338
202409 68.903 133.700 69.470
202412 70.806 134.800 70.806

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.


Pareto Bank ASA  (OSL:PARB) 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.


Pareto Bank ASA Cyclically Adjusted PB Ratio Related Terms

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


Pareto Bank ASA Business Description

Industry
Traded in Other Exchanges
Address
Dronning Mauds gate 3, P.O. Box 1823, Vika, Oslo, NOR, 0123
Pareto Bank ASA operates as a commercial bank in Norway. It offers diversified financial services including accepting deposits, financing of construction and rehabilitation of housing, financing solutions for companies, owners and investors, financing of shipping and offshore projects, banking. The bank also offers credit cards and online banking.

Pareto Bank ASA Headlines

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