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Raiffeisen Bank International AG (XTER:RAW) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 05, 2024)


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What is Raiffeisen Bank International AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Raiffeisen Bank International AG's current share price is €16.81. Raiffeisen Bank International AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €46.92. Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio for today is 0.36.

The historical rank and industry rank for Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:RAW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.45   Max: 0.85
Current: 0.36

During the past years, Raiffeisen Bank International AG's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.24. And the median was 0.45.

XTER:RAW's Cyclically Adjusted PB Ratio is ranked better than
90.02% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs XTER:RAW: 0.36

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.

Raiffeisen Bank International AG's adjusted book value per share data for the three months ended in Mar. 2024 was €58.612. 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 €46.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raiffeisen Bank International AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG Cyclically Adjusted PB Ratio Chart

Raiffeisen Bank International AG 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 0.54 0.42 0.64 0.35 0.40

Raiffeisen Bank International AG 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 0.32 0.32 0.30 0.40 0.39

Competitive Comparison of Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.


Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio falls into.



Raiffeisen Bank International AG 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.

Raiffeisen Bank International AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.81/46.92
=0.36

* 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.

Raiffeisen Bank International AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Raiffeisen Bank International AG'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)
=58.612/133.7589*133.7589
=58.612

Current CPI (Mar. 2024) = 133.7589.

Raiffeisen Bank International AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 49.352 99.496 66.347
201409 31.884 99.586 42.825
201412 26.278 99.676 35.263
201503 27.892 99.992 37.311
201506 28.390 100.492 37.788
201509 27.823 100.292 37.108
201512 27.243 100.692 36.190
201603 27.741 100.692 36.851
201606 27.982 101.092 37.024
201609 28.991 101.192 38.321
201612 29.578 102.092 38.753
201703 28.539 102.592 37.209
201706 29.086 102.991 37.775
201709 31.706 103.591 40.939
201712 32.208 104.291 41.308
201803 34.464 104.491 44.117
201806 34.488 105.091 43.896
201809 35.497 105.691 44.924
201812 35.642 106.291 44.853
201903 36.812 106.391 46.281
201906 37.092 106.791 46.459
201909 38.251 106.991 47.821
201912 39.420 108.091 48.781
202003 37.710 108.024 46.694
202006 39.070 107.915 48.426
202009 40.336 108.348 49.796
202012 40.981 109.321 50.142
202103 41.717 110.186 50.642
202106 42.502 110.943 51.243
202109 44.018 111.916 52.609
202112 44.018 113.971 51.661
202203 45.022 117.647 51.188
202206 51.845 120.567 57.518
202209 55.709 123.811 60.185
202212 53.704 125.541 57.220
202303 55.007 128.460 57.276
202306 55.210 130.191 56.723
202309 56.629 131.272 57.702
202312 56.705 132.570 57.214
202403 58.612 133.759 58.612

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.


Raiffeisen Bank International AG  (XTER:RAW) 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.


Raiffeisen Bank International AG Cyclically Adjusted PB Ratio Related Terms

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


Raiffeisen Bank International AG (XTER:RAW) Business Description

Address
Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG part of Raiffeisen Banking Group is the largest banking group in Austria in terms of total assets. RBG makes up one-fourth of the Austrian banking sector. Raiffeisen Bank regards Austria and Central and Western Europe as its home markets, and The company operates in three main geographical segments: Central Europe (the Czech Republic, Hungary, Poland, Slovakia, and Slovenia), Southeastern Europe (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Romania, and Serbia), and Eastern Europe (Belarus, Russia, and Ukraine).
Executives
Mag. Peter Anzeletti-reikl Supervisory Board

Raiffeisen Bank International AG (XTER:RAW) Headlines

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