Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio or its related term are showing as below:
XBLB:KRLB-R-A'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.7 Max: 0.92
Current: 0.9
During the past 13 years, Hypo Alpe-Adria Bank AD's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.45. And the median was 0.70.
XBLB:KRLB-R-A's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 1.25
vs XBLB:KRLB-R-A: 0.90
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.
Hypo Alpe-Adria Bank AD's adjusted book value per share data of for the fiscal year that ended in Dec25 was BAM1.344. 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 BAM1.27 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hypo Alpe-Adria Bank AD (XBLB:KRLB-R-A) 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.
Hypo Alpe-Adria Bank AD Cyclically Adjusted PB Ratio Related Terms
Hypo Alpe-Adria Bank AD Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Hypo Alpe-Adria Bank AD'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.
Hypo Alpe-Adria Bank AD Cyclically Adjusted PB Ratio Chart
XBLB:KRLB-R-A vs PNC, USB, NU: Cyclically Adjusted PB Ratio Comparison
For the Banks - Regional subindustry, Hypo Alpe-Adria Bank AD'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.
Hypo Alpe-Adria Bank AD Cyclically Adjusted PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio falls into.
Hypo Alpe-Adria Bank AD 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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.90 mean?
Hypo Alpe-Adria Bank AD (XBLB:KRLB-R-A) has a Cyclically Adjusted PB Ratio of 0.90 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hypo Alpe-Adria Bank AD and its competitors. This is 29% above median its historical median of 0.70. Over the past decade, Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.92.
Is Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio too high?
Hypo Alpe-Adria Bank AD's current Cyclically Adjusted PB Ratio of 0.90 is 29% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.92. The Banks industry median Cyclically Adjusted PB Ratio is 1.25. Hypo Alpe-Adria Bank AD's value of 0.90 is 28% below this industry median. Overall, Hypo Alpe-Adria Bank AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio compare to PNC and USB?
Hypo Alpe-Adria Bank AD's Cyclically Adjusted PB Ratio of 0.90 can be compared against companies in the Banks industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Hypo Alpe-Adria Bank AD's value of 0.90 is 28% below this benchmark. Historically, Hypo Alpe-Adria Bank AD's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.92 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.25, Hypo Alpe-Adria Bank AD has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.25, based on 1,298 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hypo Alpe-Adria Bank AD's current Cyclically Adjusted PB Ratio of 0.90 is 28% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Hypo Alpe-Adria Bank AD and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hypo Alpe-Adria Bank AD's current Cyclically Adjusted PB Ratio is 0.90, which is 29% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hypo Alpe-Adria Bank AD stock overvalued right now?
Hypo Alpe-Adria Bank AD (XBLB:KRLB-R-A) has a current Cyclically Adjusted PB Ratio of 0.90. The stock's GF Value™ is BAM1.31, compared to a current price of BAM1.14 — trading 13% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 29% above median its 10-year median of 0.70 and 28% below the Banks industry median of 1.25. Hypo Alpe-Adria Bank AD's overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Hypo Alpe-Adria Bank AD (XBLB:KRLB-R-A), the current Cyclically Adjusted PB Ratio is 0.90 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hypo Alpe-Adria Bank AD (XBLB:KRLB-R-A) Overvalued in 2026?
Based on GuruFocus' analysis, Hypo Alpe-Adria Bank AD stock appears to be undervalued.
The current stock price of BAM1.14 is trading 13% below its estimated GF Value™ of BAM1.31.
Key valuation signals for XBLB:KRLB-R-A:
Cyclically Adjusted PB Ratio: 0.90 (29% above median its 10-year median of 0.70)
GF Value™: BAM1.31 vs. price of BAM1.14 (13% below fair value)
No single metric tells the full story. See the XBLB:KRLB-R-A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hypo Alpe-Adria Bank AD is a bank. It is engaged in providing financial products and services. The company's operating segment includes Consumer; SME Business; Mortgage; Large Corporates; Public Finance; and Corporate Center. It offers products and services including loans, leasing, savings, currency exchange, mobile banking, advisory services, deposits, and investment banking services. It generates the majority of its revenue from the Consumer segment.
18GF Score
Get the complete analysis for XBLB:KRLB-R-A
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBLB:KRLB-R-A has been successfully added to your 
