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Zuger Kantonalbank AG (XSWX:ZUGER) Cyclically Adjusted PB Ratio : 1.73 (As of Jun. 11, 2024)


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What is Zuger Kantonalbank AG Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Zuger Kantonalbank AG's current share price is CHF8400.00. Zuger Kantonalbank AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF4,866.96. Zuger Kantonalbank AG's Cyclically Adjusted PB Ratio for today is 1.73.

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

XSWX:ZUGER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.58   Max: 1.76
Current: 1.73

During the past 13 years, Zuger Kantonalbank AG's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 1.31. And the median was 1.58.

XSWX:ZUGER's Cyclically Adjusted PB Ratio is ranked worse than
85.19% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs XSWX:ZUGER: 1.73

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.

Zuger Kantonalbank AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF5,192.229. 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 CHF4,866.96 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zuger Kantonalbank AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zuger Kantonalbank 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.

Zuger Kantonalbank AG Cyclically Adjusted PB Ratio Chart

Zuger Kantonalbank 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 - 1.48 1.51 1.54 1.55

Zuger Kantonalbank AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.51 - 1.54 - 1.55

Competitive Comparison of Zuger Kantonalbank AG's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Zuger Kantonalbank 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.


Zuger Kantonalbank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Zuger Kantonalbank 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.

Zuger Kantonalbank AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8400.00/4866.96
=1.73

* 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.

Zuger Kantonalbank AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Zuger Kantonalbank AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5192.229/106.4612*106.4612
=5,192.229

Current CPI (Dec23) = 106.4612.

Zuger Kantonalbank AG Annual Data

Book Value per Share CPI Adj_Book
201412 4,069.305 100.704 4,301.954
201512 4,254.259 99.386 4,557.102
201612 4,392.292 99.380 4,705.283
201712 4,530.267 100.213 4,812.726
201812 4,654.401 100.906 4,910.641
201912 4,736.410 101.063 4,989.392
202012 4,746.396 100.241 5,040.937
202112 4,867.698 101.776 5,091.805
202212 4,982.057 104.666 5,067.498
202312 5,192.229 106.461 5,192.229

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.


Zuger Kantonalbank AG  (XSWX:ZUGER) 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.


Zuger Kantonalbank AG Cyclically Adjusted PB Ratio Related Terms

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Zuger Kantonalbank AG (XSWX:ZUGER) Business Description

Traded in Other Exchanges
Address
Zuger Kantonalbank, Baarerstrasse 37, Zug, CHE, CH-6301
Zuger Kantonalbank AG is a cantonal, universal Swiss bank. The canton of Zug is the majority shareholder with just over half of the outstanding shares. The cantonal government also guarantees state protection of funds deposited with the bank. The bank's operations include retail banking, private banking, and corporate banking. Most of its products and services cater to residents in the canton of Zug. Products and offerings include traditional banking services, home financing, financial planning, asset management, corporate and real estate financing, pension planning, and succession planning. Most of the bank's net revenue consists of net interest income derived from mortgages.

Zuger Kantonalbank AG (XSWX:ZUGER) Headlines

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