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Bank of Commerce (PHS:BNCOM) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 03, 2025)


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What is Bank of Commerce Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Bank of Commerce's current share price is ₱7.09. Bank of Commerce's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ₱15.79. Bank of Commerce's Cyclically Adjusted PB Ratio for today is 0.45.

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

PHS:BNCOM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.45   Max: 0.49
Current: 0.44

During the past 11 years, Bank of Commerce's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.42. And the median was 0.45.

PHS:BNCOM's Cyclically Adjusted PB Ratio is ranked better than
87.23% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs PHS:BNCOM: 0.44

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.

Bank of Commerce's adjusted book value per share data of for the fiscal year that ended in Dec24 was ₱20.715. 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 ₱15.79 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Commerce Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Commerce'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.

Bank of Commerce Cyclically Adjusted PB Ratio Chart

Bank of Commerce 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 - - - 0.49 0.43

Bank of Commerce Quarterly Data
Dec18 Dec19 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 - - - 0.43 -

Competitive Comparison of Bank of Commerce's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bank of Commerce'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.


Bank of Commerce's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Bank of Commerce 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.

Bank of Commerce's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.09/15.79
=0.45

* 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.

Bank of Commerce's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Bank of Commerce's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=20.715/133.1571*133.1571
=20.715

Current CPI (Dec24) = 133.1571.

Bank of Commerce Annual Data

Book Value per Share CPI Adj_Book
201512 10.848 99.792 14.475
201612 11.221 101.863 14.668
201712 10.088 104.011 12.915
201812 10.055 105.998 12.631
201912 10.436 108.420 12.817
202012 10.872 109.897 13.173
202112 16.652 117.630 18.850
202212 17.009 125.222 18.087
202312 19.019 129.419 19.568
202412 20.715 133.157 20.715

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.


Bank of Commerce  (PHS:BNCOM) 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.


Bank of Commerce Cyclically Adjusted PB Ratio Related Terms

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


Bank of Commerce Business Description

Traded in Other Exchanges
N/A
Address
No. 7 St. Francis Street, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Bank of Commerce is engaged in providing banking solutions and complete services in deposit, commercial loans, credit card services, consumer banking, corporate banking, treasury, asset management, transaction banking, and trust and investments. Its business segments involve the Treasury Management Group, Corporate Banking Group, Branch Banking Group, Consumer Group, and others.

Bank of Commerce Headlines

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