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ING Bank Slaski (STU:6GF) Cyclically Adjusted PB Ratio : 2.06 (As of Jun. 23, 2024)


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What is ING Bank Slaski Cyclically Adjusted PB Ratio?

As of today (2024-06-23), ING Bank Slaski's current share price is €64.90. ING Bank Slaski's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31.50. ING Bank Slaski's Cyclically Adjusted PB Ratio for today is 2.06.

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

STU:6GF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.01   Max: 2.83
Current: 2.23

During the past years, ING Bank Slaski's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.14. And the median was 2.01.

STU:6GF's Cyclically Adjusted PB Ratio is ranked worse than
88.9% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs STU:6GF: 2.23

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.

ING Bank Slaski's adjusted book value per share data for the three months ended in Mar. 2024 was €30.676. 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 €31.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ING Bank Slaski Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ING Bank Slaski'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.

ING Bank Slaski Cyclically Adjusted PB Ratio Chart

ING Bank Slaski Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 1.92 2.56 1.36 1.97

ING Bank Slaski Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.29 1.46 1.41 1.97 2.57

Competitive Comparison of ING Bank Slaski's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, ING Bank Slaski'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.


ING Bank Slaski's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



ING Bank Slaski 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.

ING Bank Slaski's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.90/31.5
=2.06

* 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.

ING Bank Slaski's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ING Bank Slaski's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.676/149.0435*149.0435
=30.676

Current CPI (Mar. 2024) = 149.0435.

ING Bank Slaski Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.102 101.180 23.719
201409 17.461 100.611 25.867
201412 18.379 100.122 27.359
201503 17.984 100.041 26.793
201506 16.800 100.448 24.928
201509 18.111 99.634 27.093
201512 18.773 99.471 28.129
201603 18.755 98.983 28.240
201606 19.005 99.552 28.453
201609 19.298 99.064 29.034
201612 18.416 100.366 27.348
201703 18.965 101.018 27.981
201706 19.610 101.180 28.886
201709 20.194 101.343 29.699
201712 20.278 102.564 29.467
201803 21.201 102.564 30.809
201806 20.903 103.378 30.137
201809 21.382 103.378 30.827
201812 23.420 103.785 33.633
201903 23.609 104.274 33.746
201906 25.029 105.983 35.198
201909 26.833 105.983 37.735
201912 26.764 107.123 37.238
202003 30.487 109.076 41.658
202006 32.060 109.402 43.677
202009 32.693 109.320 44.573
202012 32.733 109.565 44.528
202103 30.872 112.658 40.843
202106 31.395 113.960 41.060
202109 30.662 115.588 39.537
202112 23.789 119.088 29.773
202203 19.613 125.031 23.380
202206 13.567 131.705 15.353
202209 13.050 135.531 14.351
202212 16.428 139.113 17.601
202303 19.759 145.950 20.178
202306 22.794 147.009 23.110
202309 26.697 146.113 27.232
202312 29.434 147.741 29.693
202403 30.676 149.044 30.676

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.


ING Bank Slaski  (STU:6GF) 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.


ING Bank Slaski Cyclically Adjusted PB Ratio Related Terms

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


ING Bank Slaski (STU:6GF) Business Description

Traded in Other Exchanges
Address
Sokolska Street 34, Katowice, POL, 40-086
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.

ING Bank Slaski (STU:6GF) Headlines

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