GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Soneri Bank Ltd (KAR:SNBL) » Definitions » Cyclically Adjusted PB Ratio

Soneri Bank (KAR:SNBL) Cyclically Adjusted PB Ratio : 0.51 (As of Jun. 08, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Soneri Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Soneri Bank's current share 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 for today is 0.51.

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

KAR:SNBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.49   Max: 0.65
Current: 0.53

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

KAR:SNBL's Cyclically Adjusted PB Ratio is ranked better than
80.54% of 1192 companies
in the Banks industry
Industry Median: 0.91 vs KAR:SNBL: 0.53

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soneri Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Soneri Bank'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.

Soneri Bank Cyclically Adjusted PB Ratio Chart

Soneri Bank 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 0.51 0.51

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 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 0.45 0.45 0.44 0.51 0.46

Competitive Comparison of Soneri Bank's Cyclically Adjusted PB Ratio

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 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.

Soneri Bank's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Soneri Bank  (KAR:SNBL) 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.


Soneri Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Soneri Bank's Cyclically Adjusted PB Ratio 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.

Soneri Bank (KAR:SNBL) Headlines

No Headlines