GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AGRAM BANKA dionicko drustvo (ZAG:KBZ) » Definitions » Cyclically Adjusted Book per Share

AGRAM BANKA dionicko drustvo (ZAG:KBZ) Cyclically Adjusted Book per Share : €30.38 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is AGRAM BANKA dionicko drustvo 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.

AGRAM BANKA dionicko drustvo's adjusted book value per share for the three months ended in Mar. 2024 was €34.535. 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 €30.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AGRAM BANKA dionicko drustvo's average Cyclically Adjusted Book Growth Rate was 4.80% 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 (2024-05-24), AGRAM BANKA dionicko drustvo's current stock price is €36.80. AGRAM BANKA dionicko drustvo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.38. AGRAM BANKA dionicko drustvo's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AGRAM BANKA dionicko drustvo was 1.21. The lowest was 0.59. And the median was 0.96.


AGRAM BANKA dionicko drustvo Cyclically Adjusted Book per Share Historical Data

The historical data trend for AGRAM BANKA dionicko drustvo'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.

AGRAM BANKA dionicko drustvo Cyclically Adjusted Book per Share Chart

AGRAM BANKA dionicko drustvo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 26.73 28.48

AGRAM BANKA dionicko drustvo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 28.48 29.03 29.42 29.79 30.38

Competitive Comparison of AGRAM BANKA dionicko drustvo's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, AGRAM BANKA dionicko drustvo'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.


AGRAM BANKA dionicko drustvo's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where AGRAM BANKA dionicko drustvo's Cyclically Adjusted PB Ratio falls into.



AGRAM BANKA dionicko drustvo 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, AGRAM BANKA dionicko drustvo'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)
=34.535/131.7762*131.7762
=34.535

Current CPI (Mar. 2024) = 131.7762.

AGRAM BANKA dionicko drustvo Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.665 99.695 28.637
201406 22.406 100.560 29.361
201409 22.431 100.428 29.433
201412 18.701 99.070 24.875
201503 18.964 99.621 25.085
201506 18.471 100.684 24.175
201509 17.767 100.392 23.321
201512 18.969 99.792 25.049
201603 20.073 100.470 26.328
201606 19.770 101.688 25.620
201609 21.249 101.861 27.490
201612 21.063 101.863 27.248
201703 21.560 102.862 27.620
201706 21.407 103.349 27.295
201709 22.626 104.136 28.632
201712 23.368 104.011 29.606
201803 24.792 105.290 31.029
201806 24.923 106.317 30.891
201809 24.985 106.507 30.913
201812 24.559 105.998 30.532
201903 26.228 107.251 32.226
201906 27.396 108.070 33.406
201909 28.935 108.329 35.198
201912 28.323 108.420 34.424
202003 26.726 108.902 32.340
202006 27.634 108.767 33.480
202009 28.882 109.815 34.658
202012 28.693 109.897 34.406
202103 29.848 111.754 35.196
202106 30.848 114.631 35.462
202109 32.040 115.734 36.481
202112 31.019 117.630 34.749
202203 29.295 121.301 31.825
202206 27.598 125.017 29.090
202209 26.655 125.227 28.049
202212 27.361 125.222 28.793
202303 31.709 127.348 32.812
202306 31.231 128.729 31.970
202309 32.382 129.860 32.860
202403 34.535 131.776 34.535

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


AGRAM BANKA dionicko drustvo  (ZAG:KBZ) 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.

AGRAM BANKA dionicko drustvo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.80/30.38
=1.21

* 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 AGRAM BANKA dionicko drustvo was 1.21. The lowest was 0.59. And the median was 0.96.


Be Aware

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


AGRAM BANKA dionicko drustvo Cyclically Adjusted Book per Share Related Terms

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


AGRAM BANKA dionicko drustvo (ZAG:KBZ) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Grada Vukovara 74, Zagreb, HRV, 10000
AGRAM BANKA dionicko drustvo provides banking services. The company's operating segment includes Commercial Banking; Retail Banking; Treasury and other. It generates maximum revenue from the Commercial Banking segment. The Commercial Banking segment includes entails loan-guarantees and deposit operations, card operations, and other transactions with clients who are legal entities. Geographically, it has a presence in Germany; Italy; Croatia; Austria; the United States of America, and Spain.

AGRAM BANKA dionicko drustvo (ZAG:KBZ) Headlines

No Headlines