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Bank of Queensland (Bank of Queensland) Cyclically Adjusted PB Ratio : 0.58 (As of Apr. 28, 2024)


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What is Bank of Queensland Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Bank of Queensland's current share price is $8.05. Bank of Queensland's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 was $13.92. Bank of Queensland's Cyclically Adjusted PB Ratio for today is 0.58.

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

BKQNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.96   Max: 1.47
Current: 0.56

During the past 13 years, Bank of Queensland's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.45. And the median was 0.96.

BKQNY's Cyclically Adjusted PB Ratio is ranked better than
78.75% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs BKQNY: 0.56

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.

Bank of Queensland's adjusted book value per share data of for the fiscal year that ended in Aug23 was $12.157. 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 $13.92 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Queensland Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of Queensland'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.

Bank of Queensland Cyclically Adjusted PB Ratio Chart

Bank of Queensland Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.60 0.96 0.67 0.53

Bank of Queensland Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 0.67 - 0.53 -

Competitive Comparison of Bank of Queensland's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank of Queensland'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.


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

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

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



Bank of Queensland 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.05/13.92
=0.58

* 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.

Bank of Queensland's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Bank of Queensland's adjusted Book Value per Share data for the fiscal year that ended in Aug23 was:

Adj_Book=Book Value per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=12.157/125.6559*125.6559
=12.157

Current CPI (Aug23) = 125.6559.

Bank of Queensland Annual Data

Book Value per Share CPI Adj_Book
201408 16.664 98.816 21.190
201508 13.252 100.302 16.602
201608 13.946 101.602 17.248
201708 14.889 103.460 18.083
201808 13.828 105.410 16.484
201908 12.532 107.174 14.693
202008 13.047 107.917 15.192
202108 14.151 111.168 15.995
202208 14.386 119.248 15.159
202308 12.157 125.656 12.157

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.


Bank of Queensland  (OTCPK:BKQNY) 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.


Bank of Queensland Cyclically Adjusted PB Ratio Related Terms

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


Bank of Queensland (Bank of Queensland) Business Description

Address
100 Skyring Terrace, Level 6, Newstead, QLD, AUS, 4006
Bank of Queensland, or BOQ, is an Australia-based bank offering home loans, personal finance, and commercial loans. BOQ operates both owner-managed and corporate branches, and is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.

Bank of Queensland (Bank of Queensland) Headlines

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