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Barclays (Barclays) Cyclically Adjusted PB Ratio : 0.46 (As of May. 16, 2024)


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What is Barclays Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Barclays's current share price is $2.68. Barclays's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.84. Barclays's Cyclically Adjusted PB Ratio for today is 0.46.

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

BCLYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 0.82
Current: 0.46

During the past years, Barclays's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.20. And the median was 0.45.

BCLYF's Cyclically Adjusted PB Ratio is ranked better than
84.57% of 1186 companies
in the Banks industry
Industry Median: 0.935 vs BCLYF: 0.46

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.

Barclays's adjusted book value per share data for the three months ended in Mar. 2024 was $6.040. 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 $5.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barclays'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.

Barclays Cyclically Adjusted PB Ratio Chart

Barclays 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 0.45 0.37 0.45 0.36 0.33

Barclays 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 0.33 0.34 0.33 0.40

Competitive Comparison of Barclays's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Barclays'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.


Barclays's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Barclays 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.

Barclays's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.68/5.84
=0.46

* 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.

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

For example, Barclays'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)
=6.04/131.6000*131.6000
=6.040

Current CPI (Mar. 2024) = 131.6000.

Barclays Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.985 99.800 7.892
201409 5.897 100.000 7.760
201412 5.650 99.900 7.443
201503 5.427 99.600 7.171
201506 5.505 100.100 7.237
201509 5.661 100.200 7.435
201512 5.328 100.400 6.984
201603 5.245 100.400 6.875
201606 5.279 101.000 6.878
201609 4.958 101.500 6.428
201612 4.775 102.200 6.149
201703 4.765 102.700 6.106
201706 4.801 103.500 6.104
201709 5.058 104.300 6.382
201712 5.021 105.000 6.293
201803 4.870 105.100 6.098
201806 4.745 105.900 5.897
201809 4.821 106.600 5.952
201812 4.622 107.100 5.679
201903 4.971 107.000 6.114
201906 4.967 107.900 6.058
201909 4.744 108.400 5.759
201912 4.875 108.500 5.913
202003 4.882 108.600 5.916
202006 4.929 108.800 5.962
202009 5.062 109.200 6.100
202012 5.095 109.400 6.129
202103 5.243 109.700 6.290
202106 5.533 111.400 6.536
202109 5.600 112.400 6.557
202112 5.481 114.700 6.289
202203 5.381 116.500 6.078
202206 5.187 120.500 5.665
202209 4.778 122.300 5.141
202212 5.241 125.300 5.505
202303 5.387 126.800 5.591
202306 5.492 129.400 5.585
202309 5.548 130.100 5.612
202312 5.947 130.500 5.997
202403 6.040 131.600 6.040

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.


Barclays  (OTCPK:BCLYF) 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.


Barclays Cyclically Adjusted PB Ratio Related Terms

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


Barclays (Barclays) Business Description

Industry
Address
1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.

Barclays (Barclays) Headlines

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