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Citigroup (XSWX:C) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2024)


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What is Citigroup 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


Citigroup Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted PB Ratio Chart

Citigroup 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 1.09 0.81 0.72 0.50 0.54

Citigroup 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 0.51 0.49 0.44 0.54 0.66

Competitive Comparison of Citigroup's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Citigroup 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.

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

For example, Citigroup'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)
=86.697/131.7762*131.7762
=86.697

Current CPI (Mar. 2024) = 131.7762.

Citigroup Quarterly Data

Book Value per Share CPI Adj_Book
201406 59.802 100.560 78.366
201409 62.881 100.428 82.509
201412 64.414 99.070 85.679
201503 65.441 99.621 86.564
201506 63.631 100.684 83.281
201509 67.129 100.392 88.115
201512 69.121 99.792 91.275
201603 70.122 100.470 91.971
201606 70.955 101.688 91.950
201609 72.509 101.861 93.804
201612 75.697 101.863 97.927
201703 75.980 102.862 97.338
201706 74.890 103.349 95.489
201709 75.857 104.136 95.992
201712 69.702 104.011 88.309
201803 67.945 105.290 85.037
201806 71.226 106.317 88.282
201809 70.564 106.507 87.306
201812 74.445 105.998 92.550
201903 77.130 107.251 94.768
201906 78.451 108.070 95.660
201909 80.263 108.329 97.635
201912 81.458 108.420 99.006
202003 80.341 108.902 97.217
202006 79.345 108.767 96.130
202009 77.296 109.815 92.754
202012 76.787 109.897 92.075
202103 81.988 111.754 96.677
202106 82.487 114.631 94.824
202109 85.050 115.734 96.839
202112 84.925 117.630 95.138
202203 85.532 121.301 92.918
202206 90.181 125.017 95.057
202209 90.234 125.227 94.953
202212 87.627 125.222 92.214
202303 89.851 127.348 92.975
202306 87.611 128.729 89.685
202309 88.246 129.860 89.548
202312 83.870 129.419 85.397
202403 86.697 131.776 86.697

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.


Citigroup  (XSWX:C) 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.


Citigroup Cyclically Adjusted PB Ratio Related Terms

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


Citigroup (XSWX:C) Business Description

Industry
Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

Citigroup (XSWX:C) Headlines

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