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Soneri Bank (KAR:SNBL) Cyclically Adjusted Book per Share : ₨21.29 (As of Mar. 2024)


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What is Soneri 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.

Soneri Bank's adjusted book value per share for the three months ended in Mar. 2024 was ₨24.340. 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 ₨21.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Soneri Bank's average Cyclically Adjusted Book Growth Rate was 6.00% 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.

As of today (2024-06-08), Soneri Bank's current stock price is ₨10.96. Soneri Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨21.29. Soneri Bank's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Soneri Bank was 0.65. The lowest was 0.44. And the median was 0.49.


Soneri Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Soneri 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.

Soneri Bank Cyclically Adjusted Book per Share Chart

Soneri 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 - - 18.25 19.79 20.72

Soneri Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.09 20.31 20.54 20.72 21.29

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

For the Banks - Regional subindustry, Soneri 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.


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

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

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



Soneri 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, Soneri Bank'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)
=24.34/131.7762*131.7762
=24.340

Current CPI (Mar. 2024) = 131.7762.

Soneri Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.613 100.560 16.528
201409 13.017 100.428 17.080
201412 15.456 99.070 20.559
201503 15.661 99.621 20.716
201506 16.165 100.684 21.157
201509 16.389 100.392 21.513
201512 16.501 99.792 21.790
201603 15.960 100.470 20.933
201606 16.394 101.688 21.245
201609 16.566 101.861 21.431
201612 16.589 101.863 21.461
201703 15.614 102.862 20.003
201706 15.615 103.349 19.910
201709 15.530 104.136 19.652
201712 16.785 104.011 21.266
201803 16.537 105.290 20.697
201806 16.511 106.317 20.465
201809 16.484 106.507 20.395
201812 16.317 105.998 20.285
201903 16.123 107.251 19.810
201906 16.156 108.070 19.700
201909 16.839 108.329 20.484
201912 18.335 108.420 22.285
202003 18.549 108.902 22.445
202006 20.681 108.767 25.056
202009 19.862 109.815 23.834
202012 21.005 109.897 25.187
202103 19.795 111.754 23.341
202106 20.790 114.631 23.899
202109 20.653 115.734 23.516
202112 19.625 117.630 21.985
202203 18.447 121.301 20.040
202206 17.851 125.017 18.816
202209 19.109 125.227 20.108
202212 19.181 125.222 20.185
202303 18.703 127.348 19.353
202306 20.378 128.729 20.860
202309 22.650 129.860 22.984
202312 25.954 129.419 26.427
202403 24.340 131.776 24.340

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


Soneri Bank  (KAR:SNBL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.96/21.29
=0.51

* 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 Soneri Bank was 0.65. The lowest was 0.44. And the median was 0.49.


Be Aware

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


Soneri Bank Cyclically Adjusted Book per Share Related Terms

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


Soneri Bank (KAR:SNBL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 10th Floor, PNSC Building, Karachi, PAK, 74000
Soneri Bank Ltd provides banking services. It is involved in the activities of Retail Banking; Corporate and Investment Banking; Islamic Banking and Foreign Exchange Services. It offers fixed income, equity, foreign exchanges, lending, and repo services. It also offers financing, deposits, and services to corporate customers including services about mergers and acquisition and IPOs. The business segments of the bank are Corporate finance, Islamic, Trading and sales, and Retail Banking.

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