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Societe Generale (Societe Generale) Cyclically Adjusted Book per Share : $92.57 (As of Mar. 2024)


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What is Societe Generale 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.

Societe Generale's adjusted book value per share for the three months ended in Mar. 2024 was $91.929. 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 $92.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Societe Generale's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Societe Generale was 4.80% per year. The lowest was 1.90% per year. And the median was 2.60% per year.

As of today (2024-05-27), Societe Generale's current stock price is $29.61. Societe Generale's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $92.57. Societe Generale's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Societe Generale was 0.66. The lowest was 0.15. And the median was 0.31.


Societe Generale Cyclically Adjusted Book per Share Historical Data

The historical data trend for Societe Generale'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.

Societe Generale Cyclically Adjusted Book per Share Chart

Societe Generale 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 82.85 89.66 89.61 87.50 94.44

Societe Generale 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 91.32 89.05 89.72 94.44 92.57

Competitive Comparison of Societe Generale's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Societe Generale'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.


Societe Generale's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Societe Generale 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, Societe Generale'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)
=91.929/119.4700*119.4700
=91.929

Current CPI (Mar. 2024) = 119.4700.

Societe Generale Quarterly Data

Book Value per Share CPI Adj_Book
201406 94.224 100.180 112.367
201409 91.017 99.920 108.825
201412 87.451 99.860 104.624
201503 79.496 100.170 94.813
201506 80.921 100.440 96.253
201509 81.878 99.950 97.869
201512 81.031 100.040 96.769
201603 82.784 100.020 98.882
201606 82.611 100.630 98.077
201609 85.822 100.340 102.184
201612 82.057 100.650 97.400
201703 83.529 101.170 98.638
201706 84.446 101.320 99.573
201709 89.838 101.330 105.921
201712 88.306 101.850 103.583
201803 91.275 102.750 106.128
201806 87.246 103.370 100.835
201809 88.903 103.560 102.561
201812 88.007 103.470 101.616
201903 88.562 103.890 101.843
201906 84.644 104.580 96.696
201909 83.550 104.500 95.519
201912 84.044 104.980 95.644
202003 82.335 104.590 94.049
202006 80.880 104.790 92.210
202009 84.503 104.550 96.562
202012 88.458 104.960 100.687
202103 88.260 105.750 99.711
202106 89.471 106.340 100.518
202109 88.060 106.810 98.498
202112 87.869 107.850 97.336
202203 87.546 110.490 94.661
202206 82.878 112.550 87.974
202209 83.702 112.740 88.699
202212 88.701 114.160 92.827
202303 92.228 116.790 94.344
202306 92.115 117.650 93.540
202309 91.429 118.260 92.364
202312 90.357 118.390 91.181
202403 91.929 119.470 91.929

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


Societe Generale  (OTCPK:SCGLF) 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.

Societe Generale's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.61/92.57
=0.32

* 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 Societe Generale was 0.66. The lowest was 0.15. And the median was 0.31.


Be Aware

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


Societe Generale Cyclically Adjusted Book per Share Related Terms

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


Societe Generale (Societe Generale) Business Description

Industry
Address
29, Boulevard Haussmann, Paris, FRA, 75009
Founded in 1884, Societe Generale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.

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