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BKS Bank AG (WBO:BKJ) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is BKS Bank AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BKS Bank AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BKS Bank AG'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.

BKS Bank AG Cyclically Adjusted PB Ratio Chart

BKS Bank AG 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 0.66 0.49 0.55 0.44 0.47

BKS Bank AG 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 0.41 0.39 0.48 0.47 0.46

Competitive Comparison of BKS Bank AG's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BKS Bank AG'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.


BKS Bank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



BKS Bank AG 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.

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

For example, BKS Bank AG'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)
=42.846/133.7589*133.7589
=42.846

Current CPI (Mar. 2024) = 133.7589.

BKS Bank AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.939 99.496 28.150
201409 21.186 99.586 28.456
201412 20.786 99.676 27.893
201503 21.144 99.992 28.284
201506 21.421 100.492 28.512
201509 21.852 100.292 29.144
201512 22.468 100.692 29.847
201603 22.584 100.692 30.001
201606 22.910 101.092 30.313
201609 24.424 101.192 32.285
201612 24.056 102.092 31.518
201703 24.415 102.592 31.832
201706 25.214 102.991 32.746
201709 25.664 103.591 33.138
201712 26.258 104.291 33.677
201803 28.271 104.491 36.190
201806 27.178 105.091 34.592
201809 27.697 105.691 35.052
201812 28.168 106.291 35.447
201903 28.720 106.391 36.108
201906 29.205 106.791 36.580
201909 29.824 106.991 37.286
201912 30.911 108.091 38.251
202003 30.809 108.024 38.149
202006 30.467 107.915 37.763
202009 31.364 108.348 38.720
202012 32.367 109.321 39.602
202103 32.612 110.186 39.589
202106 32.826 110.943 39.577
202109 33.571 111.916 40.123
202112 35.080 113.971 41.171
202203 34.878 117.647 39.654
202206 35.150 120.567 38.996
202209 35.028 123.811 37.842
202212 36.435 125.541 38.820
202303 37.513 128.460 39.060
202306 39.295 130.191 40.372
202309 40.576 131.272 41.345
202312 41.748 132.570 42.123
202403 42.846 133.759 42.846

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.


BKS Bank AG  (WBO:BKJ) 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.


BKS Bank AG Cyclically Adjusted PB Ratio Related Terms

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BKS Bank AG (WBO:BKJ) Business Description

Industry
Traded in Other Exchanges
Address
St. Veiter Ring 43, Klagenfurt, AUT, 9020
BKS Bank AG operates as a bank in southern Austria. It has branches in Austria, Slovenia, Croatia and Slovakia and a representative office each in Slovenia, Croatia, Italy, and Hungary. Its segments are corporate and business banking, retail banking, and financial markets. The company's policy is to sustain the business on a long-term success.