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Regions Financial (FRA:RN7) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 09, 2024)


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What is Regions Financial Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Regions Financial's current share price is €17.10. Regions Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.79. Regions Financial's Cyclically Adjusted PB Ratio for today is 1.08.

The historical rank and industry rank for Regions Financial's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:RN7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.05   Max: 1.68
Current: 1.06

During the past years, Regions Financial's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.42. And the median was 1.05.

FRA:RN7's Cyclically Adjusted PB Ratio is ranked worse than
61.81% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs FRA:RN7: 1.06

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.

Regions Financial's adjusted book value per share data for the three months ended in Mar. 2024 was €15.419. 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 €15.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regions Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Regions Financial'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.

Regions Financial Cyclically Adjusted PB Ratio Chart

Regions Financial 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 1.30 1.17 1.44 1.32 1.13

Regions Financial 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 1.11 1.05 1.00 1.13 1.20

Competitive Comparison of Regions Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Regions Financial'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.


Regions Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Regions Financial 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.

Regions Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.10/15.79
=1.08

* 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.

Regions Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Regions Financial'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)
=15.419/131.7762*131.7762
=15.419

Current CPI (Mar. 2024) = 131.7762.

Regions Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.602 100.560 11.272
201409 9.152 100.428 12.009
201412 9.577 99.070 12.739
201503 11.137 99.621 14.732
201506 10.745 100.684 14.063
201509 11.008 100.392 14.449
201512 11.339 99.792 14.973
201603 11.546 100.470 15.144
201606 11.710 101.688 15.175
201609 11.924 101.861 15.426
201612 12.367 101.863 15.999
201703 12.338 102.862 15.806
201706 11.928 103.349 15.209
201709 11.383 104.136 14.404
201712 11.454 104.011 14.512
201803 10.870 105.290 13.604
201806 11.489 106.317 14.240
201809 11.327 106.507 14.014
201812 12.204 105.998 15.172
201903 12.836 107.251 15.771
201906 13.487 108.070 16.446
201909 14.377 108.329 17.489
201912 14.089 108.420 17.124
202003 15.144 108.902 18.325
202006 14.749 108.767 17.869
202009 14.366 109.815 17.239
202012 14.083 109.897 16.887
202103 14.170 111.754 16.709
202106 14.428 114.631 16.586
202109 15.090 115.734 17.182
202112 15.660 117.630 17.543
202203 14.914 121.301 16.202
202206 15.033 125.017 15.846
202209 14.607 125.227 15.371
202212 14.433 125.222 15.188
202303 15.214 127.348 15.743
202306 14.735 128.729 15.084
202309 14.420 129.860 14.633
202312 15.679 129.419 15.965
202403 15.419 131.776 15.419

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.


Regions Financial  (FRA:RN7) 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.


Regions Financial Cyclically Adjusted PB Ratio Related Terms

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


Regions Financial (FRA:RN7) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.

Regions Financial (FRA:RN7) Headlines

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