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Laurentian Bank of Canada (STU:LT7) Cyclically Adjusted PB Ratio : 0.48 (As of Dec. 11, 2024)


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What is Laurentian Bank of Canada Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Laurentian Bank of Canada's current share price is €20.00. Laurentian Bank of Canada's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was €41.84. Laurentian Bank of Canada's Cyclically Adjusted PB Ratio for today is 0.48.

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

STU:LT7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.84   Max: 1.35
Current: 0.48

During the past years, Laurentian Bank of Canada's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.40. And the median was 0.84.

STU:LT7's Cyclically Adjusted PB Ratio is ranked better than
84.59% of 1220 companies
in the Banks industry
Industry Median: 1.04 vs STU:LT7: 0.48

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.

Laurentian Bank of Canada's adjusted book value per share data for the three months ended in Oct. 2024 was €41.040. 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 €41.84 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laurentian Bank of Canada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada Cyclically Adjusted PB Ratio Chart

Laurentian Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.76 0.51 0.41 0.41

Laurentian Bank of Canada Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.41 0.43 0.41 0.42 0.41

Competitive Comparison of Laurentian Bank of Canada's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


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

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

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



Laurentian Bank of Canada 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/41.84
=0.48

* 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.

Laurentian Bank of Canada's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 is calculated as:

For example, Laurentian Bank of Canada's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book=Book Value per Share/CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=41.04/127.2847*127.2847
=41.040

Current CPI (Oct. 2024) = 127.2847.

Laurentian Bank of Canada Quarterly Data

Book Value per Share CPI Adj_Book
201501 33.820 98.209 43.833
201504 35.611 99.710 45.459
201507 34.425 100.579 43.565
201510 32.178 100.500 40.754
201601 30.747 100.184 39.064
201604 32.720 101.370 41.085
201607 33.716 101.844 42.138
201610 33.069 102.002 41.266
201701 35.003 102.318 43.544
201704 34.539 103.029 42.671
201707 34.175 103.029 42.221
201710 34.452 103.424 42.400
201801 34.220 104.056 41.859
201804 33.649 105.320 40.667
201807 34.766 106.110 41.704
201810 35.811 105.952 43.021
201901 35.381 105.557 42.664
201904 36.270 107.453 42.964
201907 37.120 108.243 43.650
201910 37.364 107.927 44.065
202001 37.510 108.085 44.173
202004 35.544 107.216 42.197
202007 34.959 108.401 41.049
202010 35.206 108.638 41.249
202101 35.738 109.192 41.660
202104 37.868 110.851 43.482
202107 40.740 112.431 46.122
202110 40.062 113.695 44.851
202201 41.065 114.801 45.530
202204 43.554 118.357 46.839
202207 45.778 120.964 48.170
202210 45.497 121.517 47.656
202301 42.799 121.596 44.801
202304 42.373 123.571 43.646
202307 42.404 124.914 43.209
202310 43.293 125.310 43.975
202401 43.229 125.072 43.994
202404 40.788 126.890 40.915
202407 40.895 128.075 40.643
202410 41.040 127.285 41.040

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.


Laurentian Bank of Canada  (STU:LT7) 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.


Laurentian Bank of Canada Cyclically Adjusted PB Ratio Related Terms

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


Laurentian Bank of Canada Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada Headlines

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