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Skandinaviska Enskilda Banken AB (OSTO:SEB A) Cyclically Adjusted PB Ratio : 1.74 (As of Jun. 04, 2025)


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What is Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Skandinaviska Enskilda Banken AB's current share price is kr162.45. Skandinaviska Enskilda Banken AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr93.36. Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:SEB A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.57   Max: 2.1
Current: 1.71

During the past years, Skandinaviska Enskilda Banken AB's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 1.05. And the median was 1.57.

OSTO:SEB A's Cyclically Adjusted PB Ratio is ranked worse than
80.83% of 1283 companies
in the Banks industry
Industry Median: 1.01 vs OSTO:SEB A: 1.71

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.

Skandinaviska Enskilda Banken AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr117.489. 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 kr93.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skandinaviska Enskilda Banken AB'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.

Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Chart

Skandinaviska Enskilda Banken AB 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 1.33 1.81 1.47 1.57 1.64

Skandinaviska Enskilda Banken AB 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 1.62 1.73 1.70 1.64 1.76

Competitive Comparison of Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Skandinaviska Enskilda Banken AB'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.


Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio falls into.


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Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=162.45/93.36
=1.74

* 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Skandinaviska Enskilda Banken AB'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)
=117.489/132.8245*132.8245
=117.489

Current CPI (Mar. 2025) = 132.8245.

Skandinaviska Enskilda Banken AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 60.835 99.995 80.808
201509 62.241 100.228 82.483
201512 65.106 100.276 86.239
201603 57.612 100.751 75.952
201606 60.872 101.019 80.037
201609 62.492 101.138 82.071
201612 64.996 102.022 84.620
201703 62.087 102.022 80.833
201706 63.865 102.752 82.556
201709 65.796 103.279 84.619
201712 65.175 103.793 83.405
201803 60.131 103.962 76.825
201806 64.523 104.875 81.719
201809 67.196 105.679 84.457
201812 68.760 105.912 86.232
201903 63.995 105.886 80.276
201906 66.105 106.742 82.258
201909 67.604 107.214 83.753
201912 71.994 107.766 88.735
202003 72.581 106.563 90.468
202006 73.913 107.498 91.327
202009 76.658 107.635 94.598
202012 79.531 108.296 97.545
202103 80.811 108.360 99.056
202106 84.787 108.928 103.388
202109 88.443 110.338 106.467
202112 89.607 112.486 105.809
202203 86.893 114.825 100.514
202206 90.177 118.384 101.177
202209 93.119 122.296 101.135
202212 96.592 126.365 101.529
202303 101.285 127.042 105.895
202306 99.975 129.407 102.616
202309 104.416 130.224 106.502
202312 106.990 131.912 107.730
202403 101.461 132.205 101.936
202406 106.119 132.716 106.206
202409 110.258 132.304 110.692
202412 114.406 132.987 114.266
202503 117.489 132.825 117.489

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.


Skandinaviska Enskilda Banken AB  (OSTO:SEB A) 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.


Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Related Terms

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


Skandinaviska Enskilda Banken AB Business Description

Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.

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