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City Union Bank (NSE:CUB) Cyclically Adjusted PB Ratio : 1.75 (As of Jun. 10, 2024)


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What is City Union Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-10), City Union Bank's current share price is ₹147.10. City Union Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹83.87. City Union Bank's Cyclically Adjusted PB Ratio for today is 1.75.

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

NSE:CUB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.6   Max: 3.59
Current: 1.75

During the past years, City Union Bank's highest Cyclically Adjusted PB Ratio was 3.59. The lowest was 1.60. And the median was 2.60.

NSE:CUB's Cyclically Adjusted PB Ratio is ranked worse than
85.36% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs NSE:CUB: 1.75

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.

City Union Bank's adjusted book value per share data for the three months ended in Mar. 2024 was ₹113.430. 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 ₹83.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Union Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for City Union 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.

City Union Bank Cyclically Adjusted PB Ratio Chart

City Union Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.70 1.92 1.68 1.61

City Union 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 1.68 - 1.58 - 1.61

Competitive Comparison of City Union Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, City Union 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.


City Union Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where City Union Bank's Cyclically Adjusted PB Ratio falls into.



City Union 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.

City Union Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.10/83.87
=1.75

* 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.

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

For example, City Union 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)
=113.43/153.0345*153.0345
=113.430

Current CPI (Mar. 2024) = 153.0345.

City Union Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 35.672 96.780 56.407
201412 0.000 96.780 0.000
201503 37.342 97.163 58.815
201506 0.000 99.841 0.000
201509 40.331 101.753 60.657
201512 0.000 102.901 0.000
201603 42.166 102.518 62.943
201606 0.000 105.961 0.000
201609 45.364 105.961 65.517
201612 0.000 105.196 0.000
201703 49.089 105.196 71.413
201706 0.000 107.109 0.000
201709 52.705 109.021 73.983
201712 0.000 109.404 0.000
201803 56.937 109.786 79.366
201806 0.000 111.317 0.000
201809 61.088 115.142 81.192
201812 0.000 115.142 0.000
201903 65.905 118.202 85.326
201906 0.000 120.880 0.000
201909 70.466 123.175 87.548
201912 0.000 126.235 0.000
202003 71.829 124.705 88.146
202006 0.000 127.000 0.000
202009 75.452 130.118 88.741
202012 77.709 130.889 90.857
202103 79.078 131.771 91.839
202106 0.000 134.084 0.000
202109 83.504 135.847 94.069
202112 0.000 138.161 0.000
202203 89.046 138.822 98.163
202206 0.000 142.347 0.000
202209 94.760 144.661 100.245
202212 0.000 145.763 0.000
202303 100.716 146.865 104.947
202306 0.000 150.280 0.000
202309 106.544 151.492 107.629
202312 0.000 152.924 0.000
202403 113.430 153.035 113.430

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.


City Union Bank  (NSE:CUB) 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.


City Union Bank Cyclically Adjusted PB Ratio Related Terms

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


City Union Bank (NSE:CUB) Business Description

Traded in Other Exchanges
Address
Number 24 - B, Gandhi Nagar, Narayana, Kumbakonam, Thanjavur, TN, IND, 612 001
City Union Bank Ltd is a provider of banking products and services to individuals and corporations in India. The company is based in India, and generates the entirety of its revenue domestically. City Union Bank operates through four segments: Corporate banking, Treasury, Retail Banking and Other Banking Operations. Of these, Retail Banking is the largest contributor to the bank's revenues. Services offered to clients include savings and current accounts, deposits, credit, foreign deposits, auto loans, educational loans, consumer and jewel loans, life insurance, general insurance and online banking services.