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ABN AMRO Bank NV (ABN AMRO Bank NV) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 09, 2024)


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What is ABN AMRO Bank NV Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ABN AMRO Bank NV's current share price is $16.4002. ABN AMRO Bank NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.73. ABN AMRO Bank NV's Cyclically Adjusted PB Ratio for today is 0.59.

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

ABMRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.59   Max: 0.62
Current: 0.59

During the past years, ABN AMRO Bank NV's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.51. And the median was 0.59.

ABMRF's Cyclically Adjusted PB Ratio is ranked better than
76.47% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs ABMRF: 0.59

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.

ABN AMRO Bank NV's adjusted book value per share data for the three months ended in Mar. 2024 was $32.339. 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 $27.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABN AMRO Bank NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABN AMRO Bank NV'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.

ABN AMRO Bank NV Cyclically Adjusted PB Ratio Chart

ABN AMRO Bank NV 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 - - - - 0.53

ABN AMRO Bank NV 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 - - - 0.53 0.60

Competitive Comparison of ABN AMRO Bank NV's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, ABN AMRO Bank NV'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.


ABN AMRO Bank NV's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



ABN AMRO Bank NV 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.

ABN AMRO Bank NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.4002/27.73
=0.59

* 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.

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

For example, ABN AMRO Bank NV'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)
=32.339/128.5800*128.5800
=32.339

Current CPI (Mar. 2024) = 128.5800.

ABN AMRO Bank NV Quarterly Data

Book Value per Share CPI Adj_Book
201312 19.754 98.360 25.823
201409 0.000 99.960 0.000
201412 13.205 99.050 17.142
201503 0.000 99.750 0.000
201506 0.000 100.230 0.000
201509 20.395 100.500 26.093
201512 20.359 99.730 26.248
201603 21.273 100.310 27.268
201606 21.462 100.260 27.524
201609 21.667 100.570 27.702
201612 21.245 100.710 27.124
201703 22.070 101.440 27.975
201706 23.719 101.370 30.086
201709 26.560 102.030 33.471
201712 26.829 101.970 33.830
201803 28.095 102.470 35.254
201806 26.403 103.100 32.928
201809 26.385 103.950 32.637
201812 25.849 103.970 31.968
201903 25.989 105.370 31.714
201906 25.622 105.840 31.127
201909 24.598 106.700 29.642
201912 25.379 106.800 30.555
202003 24.375 106.850 29.332
202006 25.881 107.510 30.953
202009 26.102 107.880 31.110
202012 27.165 107.850 32.386
202103 26.802 108.870 31.654
202106 27.599 109.670 32.358
202109 27.436 110.790 31.842
202112 26.438 114.010 29.817
202203 26.862 119.460 28.913
202206 26.527 119.050 28.650
202209 25.067 126.890 25.401
202212 26.926 124.940 27.710
202303 28.001 124.720 28.868
202306 28.844 125.830 29.474
202309 29.121 127.160 29.446
202312 30.446 126.450 30.959
202403 32.339 128.580 32.339

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.


ABN AMRO Bank NV  (OTCPK:ABMRF) 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.


ABN AMRO Bank NV Cyclically Adjusted PB Ratio Related Terms

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


ABN AMRO Bank NV (ABN AMRO Bank NV) Business Description

Address
Gustav Mahlerlaan 10, Amsterdam, NLD, 1082 PP
ABN Amro Bank is a Dutch bank, and the Netherlands accounts for around 90% of its operating profit. Operationally, retail and commercial banking contributes the bulk of its operating profit, while ABN Amro continues to reduce its exposure to corporate and investment banking. It views private banking as one of its key growth areas.

ABN AMRO Bank NV (ABN AMRO Bank NV) Headlines

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