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Komercni Banka AS (STU:KONN) Cyclically Adjusted PB Ratio : 1.23 (As of Dec. 14, 2024)


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What is Komercni Banka AS Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Komercni Banka AS's current share price is €33.74. Komercni Banka AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €27.46. Komercni Banka AS's Cyclically Adjusted PB Ratio for today is 1.23.

The historical rank and industry rank for Komercni Banka AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:KONN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.14   Max: 1.62
Current: 1.24

During the past years, Komercni Banka AS's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.85. And the median was 1.14.

STU:KONN's Cyclically Adjusted PB Ratio is ranked worse than
62.46% of 1220 companies
in the Banks industry
Industry Median: 1.04 vs STU:KONN: 1.24

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.

Komercni Banka AS's adjusted book value per share data for the three months ended in Sep. 2024 was €25.713. 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 €27.46 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komercni Banka AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Komercni Banka AS'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.

Komercni Banka AS Cyclically Adjusted PB Ratio Chart

Komercni Banka AS 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 1.57 1.17 1.53 1.01 1.07

Komercni Banka AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.99 1.07 1.22 1.14 1.16

Competitive Comparison of Komercni Banka AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Komercni Banka AS'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.


Komercni Banka AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Komercni Banka AS's Cyclically Adjusted PB Ratio falls into.



Komercni Banka AS 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.

Komercni Banka AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.74/27.46
=1.23

* 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.

Komercni Banka AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Komercni Banka AS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=25.713/133.0289*133.0289
=25.713

Current CPI (Sep. 2024) = 133.0289.

Komercni Banka AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 20.362 99.070 27.342
201503 21.107 99.621 28.185
201506 18.322 100.684 24.208
201509 19.591 100.392 25.960
201512 20.034 99.792 26.706
201603 20.835 100.470 27.587
201606 19.359 101.688 25.326
201609 20.077 101.861 26.220
201612 19.876 101.863 25.957
201703 20.143 102.862 26.050
201706 19.306 103.349 24.850
201709 19.359 104.136 24.730
201712 19.498 104.011 24.938
201803 20.258 105.290 25.595
201806 18.867 106.317 23.607
201809 19.898 106.507 24.853
201812 20.500 105.998 25.728
201903 21.288 107.251 26.405
201906 20.216 108.070 24.885
201909 20.796 108.329 25.538
201912 21.908 108.420 26.881
202003 21.353 108.902 26.084
202006 21.751 108.767 26.603
202009 22.108 109.815 26.781
202012 22.903 109.897 27.724
202103 23.427 111.754 27.887
202106 24.853 114.631 28.842
202109 25.832 115.734 29.692
202112 25.910 117.630 29.302
202203 26.748 121.301 29.334
202206 26.148 125.017 27.824
202209 27.187 125.227 28.881
202212 26.489 125.222 28.140
202303 27.946 127.348 29.193
202306 26.303 128.729 27.182
202309 26.484 129.860 27.130
202312 27.057 129.419 27.812
202403 26.749 131.776 27.003
202406 24.717 132.554 24.806
202409 25.713 133.029 25.713

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.


Komercni Banka AS  (STU:KONN) 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.


Komercni Banka AS Cyclically Adjusted PB Ratio Related Terms

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


Komercni Banka AS Business Description

Address
Na Prikope 33/969, P.O. BOX 839, Prague 1, CZE, 114 07
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by specialized financial services provided by its subsidiaries. The bank operates mainly in the Czech Republic, as well as provides some services to corporate clients in Slovakia. The bank emphasizes long-term client relationships and creating solutions based on client feedback. The majority of the bank's net revenue is net interest income mainly from loans and advances to customers. The bank's loan portfolio is tilted toward the real estate, wholesale, and transportation industries, as well as public administration.

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