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Hrvatska Postanska Banka DD (ZAG:HPB) Cyclically Adjusted PB Ratio : 1.73 (As of Dec. 11, 2024)


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What is Hrvatska Postanska Banka DD Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Hrvatska Postanska Banka DD's current share price is €344.00. Hrvatska Postanska Banka DD's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €198.96. Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio for today is 1.73.

The historical rank and industry rank for Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio or its related term are showing as below:

ZAG:HPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.96   Max: 1.71
Current: 1.69

During the past years, Hrvatska Postanska Banka DD's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.57. And the median was 0.96.

ZAG:HPB's Cyclically Adjusted PB Ratio is ranked worse than
79.59% of 1220 companies
in the Banks industry
Industry Median: 1.04 vs ZAG:HPB: 1.69

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.

Hrvatska Postanska Banka DD's adjusted book value per share data for the three months ended in Sep. 2024 was €293.814. 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 €198.96 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hrvatska Postanska Banka DD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hrvatska Postanska Banka DD'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.

Hrvatska Postanska Banka DD Cyclically Adjusted PB Ratio Chart

Hrvatska Postanska Banka DD 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 - - - 0.60 0.99

Hrvatska Postanska Banka DD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.02 0.99 1.23 1.17 1.21

Competitive Comparison of Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Hrvatska Postanska Banka DD'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.


Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio falls into.



Hrvatska Postanska Banka DD 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.

Hrvatska Postanska Banka DD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=344.00/198.96
=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.

Hrvatska Postanska Banka DD's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Hrvatska Postanska Banka DD's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=293.814/133.0289*133.0289
=293.814

Current CPI (Sep. 2024) = 133.0289.

Hrvatska Postanska Banka DD Quarterly Data

Book Value per Share CPI Adj_Book
201412 125.270 99.070 168.210
201503 0.000 99.621 0.000
201506 175.353 100.684 231.686
201509 112.217 100.392 148.699
201512 112.141 99.792 149.490
201603 120.665 100.470 159.768
201606 0.000 101.688 0.000
201609 125.874 101.861 164.390
201612 124.019 101.863 161.964
201703 129.355 102.862 167.291
201706 121.777 103.349 156.749
201709 126.782 104.136 161.959
201712 127.108 104.011 162.570
201803 127.979 105.290 161.696
201806 130.674 106.317 163.506
201809 133.865 106.507 167.200
201812 134.142 105.998 168.350
201903 143.435 107.251 177.911
201906 153.939 108.070 189.492
201909 161.621 108.329 198.471
201912 157.616 108.420 193.391
202003 149.587 108.902 182.728
202006 154.785 108.767 189.311
202009 160.345 109.815 194.241
202012 158.768 109.897 192.187
202103 161.665 111.754 192.441
202106 168.756 114.631 195.840
202109 173.601 115.734 199.543
202112 171.040 117.630 193.432
202203 159.021 121.301 174.396
202206 217.275 125.017 231.200
202209 211.840 125.227 225.039
202212 225.671 125.222 239.741
202303 235.766 127.348 246.284
202306 247.858 128.729 256.138
202309 259.310 129.860 265.639
202312 263.521 129.419 270.871
202403 275.404 131.776 278.022
202406 285.919 132.554 286.944
202409 293.814 133.029 293.814

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.


Hrvatska Postanska Banka DD  (ZAG:HPB) 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.


Hrvatska Postanska Banka DD Cyclically Adjusted PB Ratio Related Terms

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


Hrvatska Postanska Banka DD Business Description

Traded in Other Exchanges
N/A
Address
Jurisiceva ulica 4, Zagreb, HRV, 10000
Hrvatska Postanska Banka DD offers loans, deposits and other transactions and balances to its customers. The company operates in segments including Corporate Banking, Retail Banking which generates key revenue, Direct Banking, and Financial Market. It offers HRK and foreign currency savings and savings for children, HPB Combination packages of products for employed persons, retired persons and students, a wide range of loans for citizens, modern card products and electronic banking services. The company offers its corporate clients the services of financial consulting, cash management and asset management.