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Swedbank AB (OSTO:SWED PREF) Cyclically Adjusted PB Ratio : (As of Jul. 17, 2025)


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What is Swedbank AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedbank AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Swedbank 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.

Swedbank AB Cyclically Adjusted PB Ratio Chart

Swedbank 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 1.24 1.47 1.26 1.34 1.38

Swedbank 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 1.39 1.41 1.38 1.38 1.43

Competitive Comparison of Swedbank AB's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Swedbank 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.


Swedbank AB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Swedbank 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.

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

For example, Swedbank 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)
=181.771/132.8245*132.8245
=181.771

Current CPI (Mar. 2025) = 132.8245.

Swedbank AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 103.360 99.995 137.294
201509 107.797 100.228 142.855
201512 111.717 100.276 147.979
201603 114.155 100.751 150.495
201606 108.205 101.019 142.272
201609 112.476 101.138 147.715
201612 117.479 102.022 152.949
201703 108.335 102.022 141.044
201706 112.464 102.752 145.378
201709 116.888 103.279 150.327
201712 119.035 103.793 152.330
201803 111.157 103.962 142.017
201806 116.167 104.875 147.127
201809 121.258 105.679 152.406
201812 124.628 105.912 156.297
201903 114.639 105.886 143.804
201906 117.377 106.742 146.059
201909 121.316 107.214 150.295
201912 125.727 107.766 154.962
202003 128.378 106.563 160.016
202006 130.975 107.498 161.833
202009 136.572 107.635 168.533
202012 140.748 108.296 172.627
202103 139.454 108.360 170.939
202106 144.558 108.928 176.272
202109 149.314 110.338 179.743
202112 146.646 112.486 173.161
202203 140.204 114.825 162.182
202206 146.539 118.384 164.414
202209 153.487 122.296 166.700
202212 159.691 126.365 167.854
202303 157.226 127.042 164.383
202306 167.469 129.407 171.892
202309 175.012 130.224 178.508
202312 180.289 131.912 181.536
202403 174.260 132.205 175.076
202406 181.062 132.716 181.210
202409 189.419 132.304 190.164
202412 198.534 132.987 198.291
202503 181.771 132.825 181.771

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.


Swedbank AB  (OSTO:SWED PREF) 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.


Swedbank AB Cyclically Adjusted PB Ratio Related Terms

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Swedbank AB Business Description

Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB Headlines

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