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SpareBank 1 Nord-Norge (STU:93S) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 02, 2025)


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What is SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio?

As of today (2025-06-02), SpareBank 1 Nord-Norge's current share price is €12.588. SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €14.07. SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:93S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 0.92
Current: 0.91

During the past years, SpareBank 1 Nord-Norge's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.44. And the median was 0.65.

STU:93S's Cyclically Adjusted PB Ratio is ranked better than
57.79% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs STU:93S: 0.91

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.

SpareBank 1 Nord-Norge's adjusted book value per share data for the three months ended in Mar. 2025 was €17.130. 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 €14.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Chart

SpareBank 1 Nord-Norge 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 0.62 0.87 0.68 0.68 0.77

SpareBank 1 Nord-Norge 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 0.63 0.64 0.69 0.77 0.87

Competitive Comparison of SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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.


SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio falls into.


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SpareBank 1 Nord-Norge 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.

SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.588/14.07
=0.89

* 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.

SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SpareBank 1 Nord-Norge'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)
=17.13/136.1000*136.1000
=17.130

Current CPI (Mar. 2025) = 136.1000.

SpareBank 1 Nord-Norge Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.797 100.100 14.680
201509 10.380 100.600 14.043
201512 10.472 100.900 14.125
201603 10.636 102.500 14.123
201606 11.049 103.800 14.487
201609 11.598 104.200 15.149
201612 12.144 104.400 15.831
201703 11.579 105.000 15.009
201706 11.822 105.800 15.208
201709 12.391 105.900 15.925
201712 12.445 106.100 15.964
201803 12.140 107.300 15.398
201806 12.734 108.500 15.973
201809 13.203 109.500 16.410
201812 13.253 109.800 16.427
201903 13.361 110.400 16.471
201906 13.886 110.600 17.088
201909 14.034 111.100 17.192
201912 14.078 111.300 17.215
202003 12.051 111.200 14.749
202006 13.157 112.100 15.974
202009 13.534 112.900 16.315
202012 14.125 112.900 17.028
202103 14.951 114.600 17.756
202106 15.496 115.300 18.291
202109 15.971 117.500 18.499
202112 16.152 118.900 18.489
202203 16.070 119.800 18.256
202206 15.277 122.600 16.959
202209 15.175 125.600 16.444
202212 14.934 125.900 16.144
202303 13.088 127.600 13.960
202306 13.084 130.400 13.656
202309 13.815 129.800 14.486
202312 14.671 131.900 15.138
202403 13.904 132.600 14.271
202406 14.638 133.800 14.890
202409 15.272 133.700 15.546
202412 16.160 134.800 16.316
202503 17.130 136.100 17.130

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.


SpareBank 1 Nord-Norge  (STU:93S) 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.


SpareBank 1 Nord-Norge Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Nord-Norge Business Description

Traded in Other Exchanges
Address
Storgata 65, PO Box 6800, Tromso, NOR, 9008
SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely the retail market and the corporate market. In addition, the subsidiary companies' activities, such as accounting services, real estate brokerage, and leasing/sale-leaseback financing, are considered. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurance. The Corporate Banking segment focuses purely on corporate customers.

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