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Sampath Bank (COL:SAMP.N0000) Cyclically Adjusted Book per Share : රු104.57 (As of Dec. 2023)


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What is Sampath Bank Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Sampath Bank's adjusted book value per share for the three months ended in Dec. 2023 was රු134.587. 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 රු104.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sampath Bank's average Cyclically Adjusted Book Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-27), Sampath Bank's current stock price is රු80.00. Sampath Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු104.57. Sampath Bank's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sampath Bank was 0.77. The lowest was 0.28. And the median was 0.51.


Sampath Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sampath Bank's Cyclically Adjusted Book per Share 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.

Sampath Bank Cyclically Adjusted Book per Share Chart

Sampath Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 94.96 104.57

Sampath Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 94.96 98.50 101.36 102.98 104.57

Competitive Comparison of Sampath Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Sampath Bank'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.


Sampath Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Sampath Bank Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sampath Bank's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=134.587/129.4194*129.4194
=134.587

Current CPI (Dec. 2023) = 129.4194.

Sampath Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 49.770 100.428 64.138
201412 50.524 99.070 66.002
201503 50.970 99.621 66.216
201506 53.177 100.684 68.354
201509 56.277 100.392 72.549
201512 57.255 99.792 74.253
201603 58.072 100.470 74.805
201606 61.902 101.688 78.783
201609 66.283 101.861 84.216
201612 72.822 101.863 92.522
201703 76.757 102.862 96.574
201706 81.841 103.349 102.486
201709 86.412 104.136 107.393
201712 90.011 104.011 111.999
201803 96.322 105.290 118.397
201806 96.098 106.317 116.980
201809 99.376 106.507 120.755
201812 99.688 105.998 121.715
201903 99.902 107.251 120.552
201906 88.979 108.070 106.557
201909 90.724 108.329 108.387
201912 95.043 108.420 113.451
202003 97.205 108.902 115.519
202006 94.454 108.767 112.388
202009 95.417 109.815 112.451
202012 97.565 109.897 114.897
202103 99.300 111.754 114.996
202106 102.018 114.631 115.179
202109 104.099 115.734 116.408
202112 108.455 117.630 119.325
202203 108.301 121.301 115.549
202206 109.188 125.017 113.033
202209 108.954 125.227 112.602
202212 115.589 125.222 119.464
202303 117.606 127.348 119.519
202306 120.288 128.729 120.933
202309 130.105 129.860 129.664
202312 134.587 129.419 134.587

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Sampath Bank  (COL:SAMP.N0000) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Sampath Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.00/104.57
=0.77

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sampath Bank was 0.77. The lowest was 0.28. And the median was 0.51.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sampath Bank Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sampath Bank's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sampath Bank (COL:SAMP.N0000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 110, Sir James Peiris Mawatha, Colombo, LKA, 02
Sampath Bank PLC operates as a commercial bank offering personal, corporate, and electronic banking products and services. The bank also accepts current, savings, term deposits, foreign currency, and clubs and societies accounts, as well as maintains professional accounts. The operating segment of the company is Corporate Banking, Retail and Personal Banking, Dealing/Investment, and Others. It generates maximum revenue from the Retail and Personal Banking segment.

Sampath Bank (COL:SAMP.N0000) Headlines

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