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Export Investment (XTAE:EXPO) Cyclically Adjusted PB Ratio : 0.66 (As of Jun. 10, 2024)


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What is Export Investment Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Export Investment's current share price is ₪44.67. Export Investment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₪67.21. Export Investment's Cyclically Adjusted PB Ratio for today is 0.66.

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

XTAE:EXPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.64   Max: 0.68
Current: 0.65

During the past years, Export Investment's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.60. And the median was 0.64.

XTAE:EXPO's Cyclically Adjusted PB Ratio is ranked better than
71.88% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs XTAE:EXPO: 0.65

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.

Export Investment's adjusted book value per share data for the three months ended in Dec. 2023 was ₪88.741. 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 ₪67.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Export Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Export Investment'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.

Export Investment Cyclically Adjusted PB Ratio Chart

Export Investment 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 - - - - 0.61

Export Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 0.61

Competitive Comparison of Export Investment's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Export Investment'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.


Export Investment's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Export Investment 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.

Export Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.67/67.21
=0.66

* 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.

Export Investment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Export Investment's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=88.741/129.4194*129.4194
=88.741

Current CPI (Dec. 2023) = 129.4194.

Export Investment Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 42.187 99.070 55.111
201503 0.000 99.621 0.000
201506 42.859 100.684 55.091
201509 43.473 100.392 56.043
201512 44.620 99.792 57.867
201603 44.680 100.470 57.554
201606 45.738 101.688 58.211
201609 46.109 101.861 58.584
201612 46.088 101.863 58.556
201703 46.344 102.862 58.309
201706 46.246 103.349 57.912
201709 46.899 104.136 58.286
201712 47.143 104.011 58.659
201803 48.235 105.290 59.289
201806 49.175 106.317 59.861
201809 51.282 106.507 62.314
201812 52.213 105.998 63.750
201903 52.568 107.251 63.434
201906 54.380 108.070 65.123
201909 54.686 108.329 65.332
201912 57.263 108.420 68.354
202003 57.792 108.902 68.680
202006 58.200 108.767 69.251
202009 58.453 109.815 68.888
202012 59.374 109.897 69.921
202103 60.920 111.754 70.550
202106 64.215 114.631 72.499
202109 66.000 115.734 73.804
202112 68.622 117.630 75.500
202203 69.090 121.301 73.714
202206 73.660 125.017 76.254
202209 76.556 125.227 79.119
202212 79.652 125.222 82.322
202303 81.471 127.348 82.796
202306 83.601 128.729 84.050
202309 86.162 129.860 85.870
202312 88.741 129.419 88.741

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.


Export Investment  (XTAE:EXPO) 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.


Export Investment Cyclically Adjusted PB Ratio Related Terms

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


Export Investment (XTAE:EXPO) Business Description

Traded in Other Exchanges
N/A
Address
Shalom Tower, 9 Ehad Ha'am Street, Tel Aviv, ISR
Website
Export Investment Corp Ltd owns and operates Bank of Jerusalem. It provides commercial and international banking services. It offers real estate loans, mortgages, and financing of residential construction, among others.