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Bank Millennium (Bank Millennium) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Bank Millennium Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Bank Millennium's adjusted book value per share for the three months ended in Mar. 2024 was $21.921. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Millennium's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bank Millennium was 12.60% per year. The lowest was 9.10% per year. And the median was 10.75% per year.

As of today (2024-06-07), Bank Millennium's current stock price is $0.225882. Bank Millennium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Bank Millennium's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Millennium was 2.18. The lowest was 0.38. And the median was 0.97.


Bank Millennium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank Millennium'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.

Bank Millennium Cyclically Adjusted Book per Share Chart

Bank Millennium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Bank Millennium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bank Millennium's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank Millennium'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.


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

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

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



Bank Millennium 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, Bank Millennium'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)
=21.921/149.0435*149.0435
=21.921

Current CPI (Mar. 2024) = 149.0435.

Bank Millennium Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.823 101.180 24.781
201409 17.507 100.611 25.935
201412 17.846 100.122 26.566
201503 18.084 100.041 26.942
201506 18.644 100.448 27.664
201509 19.026 99.634 28.461
201512 19.943 99.471 29.882
201603 20.583 98.983 30.993
201606 20.808 99.552 31.152
201609 21.208 99.064 31.908
201612 21.485 100.366 31.905
201703 22.111 101.018 32.623
201706 22.719 101.180 33.466
201709 23.506 101.343 34.570
201712 24.058 102.564 34.960
201803 23.932 102.564 34.777
201806 24.476 103.378 35.288
201809 25.107 103.378 36.198
201812 25.952 103.785 37.269
201903 26.363 104.274 37.682
201906 26.942 105.983 37.888
201909 27.614 105.983 38.834
201912 27.676 107.123 38.507
202003 27.905 109.076 38.130
202006 28.476 109.402 38.794
202009 28.545 109.320 38.917
202012 28.139 109.565 38.278
202103 26.890 112.658 35.575
202106 25.927 113.960 33.909
202109 24.696 115.588 31.844
202112 20.730 119.088 25.944
202203 19.183 125.031 22.867
202206 17.887 131.705 20.242
202209 15.061 135.531 16.563
202212 17.007 139.113 18.221
202303 18.796 145.950 19.194
202306 19.677 147.009 19.949
202309 20.572 146.113 20.985
202312 21.342 147.741 21.530
202403 21.921 149.044 21.921

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


Bank Millennium  (OTCPK:BMSAF) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Millennium was 2.18. The lowest was 0.38. And the median was 0.97.


Be Aware

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


Bank Millennium Cyclically Adjusted Book per Share Related Terms

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


Bank Millennium (Bank Millennium) Business Description

Industry
Traded in Other Exchanges
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, and treasury banking. The retail segment includes services to mass market individual clients, affluent clients, individual entrepreneurs, and small businesses. The corporate segment includes services to medium and large companies as well as public sector entities. The treasury segment comprises the Group's treasury investments, interbank market transactions, taking positions in debt securities, brokerage activity as well as other transactions. The company derives the majority of its revenue from the retail segment.

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