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Sydbank A/S (Sydbank A/S) Cyclically Adjusted PB Ratio : 1.62 (As of Jun. 09, 2024)


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What is Sydbank A/S Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sydbank A/S's current share price is $10.41. Sydbank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.41. Sydbank A/S's Cyclically Adjusted PB Ratio for today is 1.62.

The historical rank and industry rank for Sydbank A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

SYANY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.12   Max: 1.82
Current: 1.59

During the past years, Sydbank A/S's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.56. And the median was 1.12.

SYANY's Cyclically Adjusted PB Ratio is ranked worse than
82.83% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs SYANY: 1.59

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.

Sydbank A/S's adjusted book value per share data for the three months ended in Mar. 2024 was $7.950. 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 $6.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sydbank A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sydbank A/S'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.

Sydbank A/S Cyclically Adjusted PB Ratio Chart

Sydbank A/S 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 0.86 0.80 1.15 1.44 1.37

Sydbank A/S 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 1.49 1.51 1.58 1.37 1.62

Competitive Comparison of Sydbank A/S's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Sydbank A/S'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.


Sydbank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sydbank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sydbank A/S's Cyclically Adjusted PB Ratio falls into.



Sydbank A/S 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.

Sydbank A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.41/6.41
=1.62

* 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.

Sydbank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sydbank A/S'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)
=7.95/118.4000*118.4000
=7.950

Current CPI (Mar. 2024) = 118.4000.

Sydbank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.347 99.700 6.350
201409 5.232 99.700 6.213
201412 5.110 99.400 6.087
201503 4.384 100.200 5.180
201506 4.608 100.300 5.440
201509 4.705 100.200 5.560
201512 4.675 99.800 5.546
201603 4.562 100.200 5.391
201606 4.760 100.600 5.602
201609 4.910 100.200 5.802
201612 4.797 100.300 5.663
201703 4.736 101.200 5.541
201706 5.106 101.200 5.974
201709 5.570 101.800 6.478
201712 5.670 101.300 6.627
201803 5.644 101.700 6.571
201806 5.786 102.300 6.697
201809 5.885 102.400 6.805
201812 5.840 102.100 6.772
201903 5.598 102.900 6.441
201906 5.704 102.900 6.563
201909 5.720 102.900 6.582
201912 5.882 102.900 6.768
202003 5.869 103.300 6.727
202006 6.133 103.200 7.036
202009 6.551 103.500 7.494
202012 6.878 103.400 7.876
202103 6.757 104.300 7.670
202106 7.060 105.000 7.961
202109 7.094 105.800 7.939
202112 6.855 106.600 7.614
202203 6.563 109.900 7.071
202206 6.405 113.600 6.676
202209 6.201 116.400 6.308
202212 7.028 115.900 7.180
202303 6.981 117.300 7.046
202306 7.454 116.400 7.582
202309 7.718 117.400 7.784
202312 8.422 116.700 8.545
202403 7.950 118.400 7.950

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.


Sydbank A/S  (OTCPK:SYANY) 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.


Sydbank A/S Cyclically Adjusted PB Ratio Related Terms

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


Sydbank A/S (Sydbank A/S) Business Description

Industry
Traded in Other Exchanges
Address
Peberlyk 4, Aabenraa, DNK, 6200
Sydbank A/S is a Danish bank operating primarily in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset management, Sydbank Markets, Treasury, and Others. The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management. A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark.

Sydbank A/S (Sydbank A/S) Headlines

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