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SVKEF (Skandinaviska Enskilda Banken AB) Cyclically Adjusted PB Ratio : 1.80 (As of May. 30, 2025)


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What is Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Skandinaviska Enskilda Banken AB's current share price is $16.95. Skandinaviska Enskilda Banken AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $9.44. Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio for today is 1.80.

The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

SVKEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.57   Max: 2.1
Current: 1.69

During the past years, Skandinaviska Enskilda Banken AB's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 1.05. And the median was 1.57.

SVKEF's Cyclically Adjusted PB Ratio is ranked worse than
80.5% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs SVKEF: 1.69

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.

Skandinaviska Enskilda Banken AB's adjusted book value per share data for the three months ended in Mar. 2025 was $11.595. 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 $9.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skandinaviska Enskilda Banken AB'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.

Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Chart

Skandinaviska Enskilda Banken AB 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 1.33 1.81 1.47 1.57 1.64

Skandinaviska Enskilda Banken AB 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 1.62 1.73 1.70 1.64 1.76

Competitive Comparison of Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Skandinaviska Enskilda Banken AB'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.


Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio falls into.


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Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.95/9.44
=1.80

* 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Skandinaviska Enskilda Banken AB'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)
=11.595/132.8245*132.8245
=11.595

Current CPI (Mar. 2025) = 132.8245.

Skandinaviska Enskilda Banken AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.360 99.995 9.776
201509 7.440 100.228 9.860
201512 7.665 100.276 10.153
201603 6.908 100.751 9.107
201606 7.330 101.019 9.638
201609 7.325 101.138 9.620
201612 7.059 102.022 9.190
201703 6.965 102.022 9.068
201706 7.359 102.752 9.513
201709 8.215 103.279 10.565
201712 7.766 103.793 9.938
201803 7.297 103.962 9.323
201806 7.331 104.875 9.285
201809 7.517 105.679 9.448
201812 7.614 105.912 9.549
201903 6.886 105.886 8.638
201906 7.026 106.742 8.743
201909 6.963 107.214 8.626
201912 7.633 107.766 9.408
202003 7.373 106.563 9.190
202006 7.939 107.498 9.809
202009 8.657 107.635 10.683
202012 9.510 108.296 11.664
202103 9.459 108.360 11.595
202106 10.098 108.928 12.313
202109 10.232 110.338 12.317
202112 9.858 112.486 11.640
202203 9.084 114.825 10.508
202206 8.986 118.384 10.082
202209 8.535 122.296 9.270
202212 9.307 126.365 9.783
202303 9.668 127.042 10.108
202306 9.283 129.407 9.528
202309 9.420 130.224 9.608
202312 10.430 131.912 10.502
202403 9.745 132.205 9.791
202406 10.119 132.716 10.127
202409 10.779 132.304 10.821
202412 10.415 132.987 10.402
202503 11.595 132.825 11.595

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.


Skandinaviska Enskilda Banken AB  (OTCPK:SVKEF) 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.


Skandinaviska Enskilda Banken AB Cyclically Adjusted PB Ratio Related Terms

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


Skandinaviska Enskilda Banken AB Business Description

Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.