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OTP Banka Slovensko AS (XBRA:1OTP005E) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is OTP Banka Slovensko AS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OTP Banka Slovensko AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OTP Banka Slovensko 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.

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OTP Banka Slovensko AS Cyclically Adjusted PB Ratio Chart

OTP Banka Slovensko AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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OTP Banka Slovensko AS Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of OTP Banka Slovensko AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, OTP Banka Slovensko 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.


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

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

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



OTP Banka Slovensko 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.

OTP Banka Slovensko AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, OTP Banka Slovensko AS's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=1.465/114.6314*114.6314
=1.465

Current CPI (Jun. 2021) = 114.6314.

OTP Banka Slovensko AS Quarterly Data

Book Value per Share CPI Adj_Book
201012 5.147 92.474 6.380
201112 5.015 95.213 6.038
201203 0.000 96.783 0.000
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 4.952 96.871 5.860
201303 4.958 98.209 5.787
201306 4.958 98.518 5.769
201309 4.968 98.790 5.765
201312 4.998 98.326 5.827
201403 5.016 99.695 5.768
201406 5.041 100.560 5.746
201409 5.024 100.428 5.735
201412 3.632 99.070 4.203
201503 3.690 99.621 4.246
201506 3.701 100.684 4.214
201509 3.728 100.392 4.257
201512 3.373 99.792 3.875
201603 3.389 100.470 3.867
201606 3.379 101.688 3.809
201609 3.396 101.861 3.822
201612 3.190 101.863 3.590
201703 4.854 102.862 5.409
201706 4.781 103.349 5.303
201709 4.739 104.136 5.217
201712 5.580 104.011 6.150
201803 3.643 105.290 3.966
201806 3.512 106.317 3.787
201809 1.457 106.507 1.568
201812 1.645 105.998 1.779
201903 1.652 107.251 1.766
201906 1.643 108.070 1.743
201909 1.694 108.329 1.793
201912 1.690 108.420 1.787
202003 1.680 108.902 1.768
202006 1.555 108.767 1.639
202009 1.567 109.815 1.636
202012 1.552 109.897 1.619
202103 1.507 111.754 1.546
202106 1.465 114.631 1.465

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.


OTP Banka Slovensko AS  (XBRA:1OTP005E) 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.


OTP Banka Slovensko AS Cyclically Adjusted PB Ratio Related Terms

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OTP Banka Slovensko AS (XBRA:1OTP005E) Business Description

Traded in Other Exchanges
N/A
Address
Sturova 5, Bratislava, SVK, 81354
OTP Banka Slovensko AS provides banking products and services in the Slovak market. The company serves the individual, small business and companies. It services include deposits, payment cards, electronic banking, housing and consumer loans, mutual funds, and others.

OTP Banka Slovensko AS (XBRA:1OTP005E) Headlines

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