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OTP Bank (XPRA:OTP) Cyclically Adjusted PB Ratio : 1.53 (As of Jun. 08, 2024)


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What is OTP Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-08), OTP Bank's current share price is Kč1000.00. OTP Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč654.19. OTP Bank's Cyclically Adjusted PB Ratio for today is 1.53.

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

XPRA:OTP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.6   Max: 2.74
Current: 1.58

During the past years, OTP Bank's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.89. And the median was 1.60.

XPRA:OTP's Cyclically Adjusted PB Ratio is ranked worse than
82.33% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs XPRA:OTP: 1.58

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.

OTP Bank's adjusted book value per share data for the three months ended in Mar. 2024 was Kč1,080.995. 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 Kč654.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OTP Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OTP 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.

OTP Bank Cyclically Adjusted PB Ratio Chart

OTP 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 2.70 2.10 2.30 1.06 1.50

OTP 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 1.00 1.19 1.27 1.50 1.53

Competitive Comparison of OTP Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, OTP 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.


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

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

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



OTP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1000.00/654.19
=1.53

* 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.

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

For example, OTP 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)
=1080.995/163.8786*163.8786
=1,080.995

Current CPI (Mar. 2024) = 163.8786.

OTP Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 305.349 100.370 498.557
201409 308.419 100.074 505.059
201412 294.463 98.816 488.345
201503 280.771 99.704 461.490
201506 295.541 100.962 479.712
201509 287.880 99.704 473.175
201512 287.468 99.704 472.498
201603 289.330 99.482 476.619
201606 305.442 100.814 496.511
201609 322.319 100.370 526.264
201612 333.579 101.406 539.083
201703 337.270 102.147 541.098
201706 350.303 102.724 558.849
201709 369.128 102.902 587.864
201712 381.399 103.627 603.155
201803 373.092 104.219 586.666
201806 399.519 105.922 618.124
201809 414.241 106.588 636.896
201812 423.857 106.440 652.586
201903 436.925 108.068 662.570
201906 462.638 109.475 692.549
201909 510.749 109.623 763.537
201912 568.268 110.659 841.569
202003 539.799 112.287 787.815
202006 589.862 112.583 858.615
202009 582.409 113.398 841.680
202012 597.430 113.694 861.139
202103 619.906 116.358 873.073
202106 627.669 118.579 867.453
202109 628.279 119.541 861.306
202112 711.997 122.058 955.950
202203 705.182 126.351 914.629
202206 765.550 132.420 947.416
202209 833.809 143.597 951.574
202212 802.538 152.036 865.053
202303 818.338 158.105 848.221
202306 873.818 158.993 900.667
202309 973.082 161.140 989.620
202312 993.977 160.400 1,015.535
202403 1,080.995 163.879 1,080.995

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.


OTP Bank  (XPRA:OTP) 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.


OTP Bank Cyclically Adjusted PB Ratio Related Terms

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


OTP Bank (XPRA:OTP) Business Description

Industry
Traded in Other Exchanges
Address
16, Nador Street, Budapest, HUN, 1051
OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

OTP Bank (XPRA:OTP) Headlines

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