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Associated Banc-Corp (Associated Banc-Corp) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Associated Banc-Corp Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated Banc-Corp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Associated Banc-Corp'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.

Associated Banc-Corp Cyclically Adjusted PB Ratio Chart

Associated Banc-Corp 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 1.11 0.83 0.99 0.94 0.83

Associated Banc-Corp 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 0.72 0.64 0.66 0.83 0.83

Competitive Comparison of Associated Banc-Corp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Associated Banc-Corp'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.


Associated Banc-Corp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Associated Banc-Corp's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Associated Banc-Corp's Cyclically Adjusted PB Ratio falls into.



Associated Banc-Corp 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.

Associated Banc-Corp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Associated Banc-Corp'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)
=0.658/131.7762*131.7762
=0.658

Current CPI (Mar. 2024) = 131.7762.

Associated Banc-Corp Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.444 100.560 0.582
201409 0.448 100.428 0.588
201412 0.452 99.070 0.601
201503 0.459 99.621 0.607
201506 0.461 100.684 0.603
201509 0.469 100.392 0.616
201512 0.465 99.792 0.614
201603 0.474 100.470 0.622
201606 0.482 101.688 0.625
201609 0.486 101.861 0.629
201612 0.485 101.863 0.627
201703 0.494 102.862 0.633
201706 0.502 103.349 0.640
201709 0.504 104.136 0.638
201712 0.509 104.011 0.645
201803 0.588 105.290 0.736
201806 0.598 106.317 0.741
201809 0.586 106.507 0.725
201812 0.583 105.998 0.725
201903 0.592 107.251 0.727
201906 0.603 108.070 0.735
201909 0.606 108.329 0.737
201912 0.607 108.420 0.738
202003 0.585 108.902 0.708
202006 0.608 108.767 0.737
202009 0.611 109.815 0.733
202012 0.619 109.897 0.742
202103 0.625 111.754 0.737
202106 0.632 114.631 0.727
202109 0.629 115.734 0.716
202112 0.634 117.630 0.710
202203 0.622 121.301 0.676
202206 0.623 125.017 0.657
202209 0.622 125.227 0.655
202212 0.633 125.222 0.666
202303 0.651 127.348 0.674
202306 0.650 128.729 0.665
202309 0.651 129.860 0.661
202312 0.659 129.419 0.671
202403 0.658 131.776 0.658

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.


Associated Banc-Corp  (NYSE:ASBpD.PFD) 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.


Associated Banc-Corp Cyclically Adjusted PB Ratio Related Terms

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Associated Banc-Corp (Associated Banc-Corp) Business Description

Traded in Other Exchanges
Address
433 Main Street, Green Bay, WI, USA, 54301
Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.