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SR Accord (XTAE:SRAC) Cyclically Adjusted PB Ratio : 1.73 (As of Jun. 24, 2024)


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What is SR Accord Cyclically Adjusted PB Ratio?

As of today (2024-06-24), SR Accord's current share price is ₪28.79. SR Accord's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪16.66. SR Accord's Cyclically Adjusted PB Ratio for today is 1.73.

The historical rank and industry rank for SR Accord's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTAE:SRAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 1.78   Max: 1.89
Current: 1.79

During the past years, SR Accord's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 1.62. And the median was 1.78.

XTAE:SRAC's Cyclically Adjusted PB Ratio is ranked worse than
75.26% of 97 companies
in the Diversified Financial Services industry
Industry Median: 0.94 vs XTAE:SRAC: 1.79

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.

SR Accord's adjusted book value per share data for the three months ended in Mar. 2024 was ₪29.325. 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 ₪16.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SR Accord Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SR Accord'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.

SR Accord Cyclically Adjusted PB Ratio Chart

SR Accord Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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SR Accord 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 - - - - 1.85

Competitive Comparison of SR Accord's Cyclically Adjusted PB Ratio

For the Financial Conglomerates subindustry, SR Accord'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.


SR Accord's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SR Accord's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SR Accord's Cyclically Adjusted PB Ratio falls into.



SR Accord 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.

SR Accord's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.79/16.66
=1.73

* 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.

SR Accord's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SR Accord'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)
=29.325/131.7762*131.7762
=29.325

Current CPI (Mar. 2024) = 131.7762.

SR Accord Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 96.871 0.000
201312 6.416 98.326 8.599
201412 4.555 99.070 6.059
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 9.581 99.792 12.652
201603 9.975 100.470 13.083
201606 10.598 101.688 13.734
201609 6.743 101.861 8.723
201612 7.400 101.863 9.573
201703 7.625 102.862 9.768
201706 1.392 103.349 1.775
201709 1.431 104.136 1.811
201712 8.899 104.011 11.275
201803 9.049 105.290 11.325
201806 9.354 106.317 11.594
201809 9.829 106.507 12.161
201812 9.742 105.998 12.111
201903 8.990 107.251 11.046
201906 9.434 108.070 11.503
201909 10.135 108.329 12.329
201912 10.789 108.420 13.113
202003 15.895 108.902 19.234
202006 15.226 108.767 18.447
202009 17.612 109.815 21.134
202012 18.039 109.897 21.630
202103 18.680 111.754 22.027
202106 19.314 114.631 22.203
202109 19.884 115.734 22.640
202112 20.622 117.630 23.102
202203 21.842 121.301 23.728
202206 22.815 125.017 24.049
202209 24.036 125.227 25.293
202212 24.509 125.222 25.792
202303 25.523 127.348 26.411
202306 25.894 128.729 26.507
202309 27.037 129.860 27.436
202312 28.083 129.419 28.594
202403 29.325 131.776 29.325

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.


SR Accord  (XTAE:SRAC) 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.


SR Accord Cyclically Adjusted PB Ratio Related Terms

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


SR Accord (XTAE:SRAC) Business Description

Traded in Other Exchanges
N/A
Address
Platinum House, 21 Ha'arbaa Street, Tel Aviv, ISR, 64739
SR Accord Ltd provides financial services to multinational corporations, government agencies & private investors. It offers investment banking, underwriting, securities brokerage, venture capital, & asset management services, among others.

SR Accord (XTAE:SRAC) Headlines

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