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CB Bulgarian American Credit Bank AD (XBUL:BACB) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 25, 2024)


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What is CB Bulgarian American Credit Bank AD Cyclically Adjusted PB Ratio?

As of today (2024-06-25), CB Bulgarian American Credit Bank AD's current share price is лв6.25. CB Bulgarian American Credit Bank AD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was лв10.92. CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBUL:BACB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.61   Max: 0.69
Current: 0.57

During the past years, CB Bulgarian American Credit Bank AD's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.43. And the median was 0.61.

XBUL:BACB's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.9 vs XBUL:BACB: 0.57

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.

CB Bulgarian American Credit Bank AD's adjusted book value per share data for the three months ended in Mar. 2024 was лв14.097. 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 лв10.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CB Bulgarian American Credit Bank AD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CB Bulgarian American Credit 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.

* Premium members only.

CB Bulgarian American Credit Bank AD Cyclically Adjusted PB Ratio Chart

CB Bulgarian American Credit Bank AD 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 0.63 0.68 0.66 0.61 0.59

CB Bulgarian American Credit Bank AD 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 0.60 0.60 0.59 0.59 0.57

Competitive Comparison of CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, CB Bulgarian American Credit 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.


CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio falls into.



CB Bulgarian American Credit 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.

CB Bulgarian American Credit Bank AD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.25/10.92
=0.57

* 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.

CB Bulgarian American Credit Bank AD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CB Bulgarian American Credit Bank AD'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)
=14.097/131.7762*131.7762
=14.097

Current CPI (Mar. 2024) = 131.7762.

CB Bulgarian American Credit Bank AD Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.187 100.560 10.728
201409 7.669 100.428 10.063
201412 7.455 99.070 9.916
201503 6.345 99.621 8.393
201506 6.458 100.684 8.452
201509 6.530 100.392 8.571
201512 6.811 99.792 8.994
201603 6.922 100.470 9.079
201606 7.001 101.688 9.072
201609 7.146 101.861 9.245
201612 6.782 101.863 8.774
201703 6.889 102.862 8.825
201706 7.419 103.349 9.460
201709 7.943 104.136 10.051
201712 7.974 104.011 10.103
201803 8.222 105.290 10.290
201806 7.925 106.317 9.823
201809 15.802 106.507 19.551
201812 7.967 105.998 9.905
201903 8.084 107.251 9.933
201906 8.209 108.070 10.010
201909 8.186 108.329 9.958
201912 8.430 108.420 10.246
202003 0.000 108.902 0.000
202006 8.749 108.767 10.600
202009 9.282 109.815 11.138
202012 9.808 109.897 11.761
202103 9.773 111.754 11.524
202106 10.109 114.631 11.621
202109 10.020 115.734 11.409
202112 9.875 117.630 11.063
202203 9.834 121.301 10.683
202206 18.731 125.017 19.744
202209 9.218 125.227 9.700
202212 10.843 125.222 11.411
202303 11.433 127.348 11.831
202306 12.051 128.729 12.336
202309 12.526 129.860 12.711
202312 13.454 129.419 13.699
202403 14.097 131.776 14.097

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.


CB Bulgarian American Credit Bank AD  (XBUL:BACB) 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.


CB Bulgarian American Credit Bank AD Cyclically Adjusted PB Ratio Related Terms

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


CB Bulgarian American Credit Bank AD (XBUL:BACB) Business Description

Traded in Other Exchanges
N/A
Address
2 Slavyanska Street, Sofia, BGR, 1000
CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.

CB Bulgarian American Credit Bank AD (XBUL:BACB) Headlines

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