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UBS Group AG (BUE:OUBS) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is UBS Group AG 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


UBS Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UBS Group 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.

UBS Group AG Cyclically Adjusted PB Ratio Chart

UBS Group 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 0.90 0.90 1.14 1.14 1.61

UBS Group AG 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 1.26 1.15 1.42 1.61 1.68

Competitive Comparison of UBS Group AG's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, UBS Group 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.


UBS Group AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



UBS Group 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.

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

For example, UBS Group AG'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)
=18726.44/107.3549*107.3549
=18,726.440

Current CPI (Mar. 2024) = 107.3549.

UBS Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 117.753 101.517 124.525
201409 117.284 101.247 124.360
201412 114.092 100.704 121.627
201503 124.409 100.339 133.108
201506 128.410 100.464 137.218
201509 136.462 99.785 146.814
201512 188.822 99.386 203.961
201603 216.367 99.475 233.506
201606 196.696 100.088 210.978
201609 214.505 99.604 231.197
201612 218.688 99.380 236.238
201703 215.560 100.040 231.322
201706 232.758 100.285 249.166
201709 250.737 100.254 268.498
201712 261.323 100.213 279.947
201803 282.280 100.836 300.530
201806 330.882 101.435 350.192
201809 499.758 101.246 529.915
201812 520.265 100.906 553.515
201903 546.906 101.571 578.050
201906 619.429 102.044 651.668
201909 819.199 101.396 867.345
201912 849.286 101.063 902.158
202003 937.698 101.048 996.229
202006 1,017.931 100.743 1,084.738
202009 1,150.634 100.585 1,228.083
202012 1,261.168 100.241 1,350.675
202103 1,362.671 100.800 1,451.287
202106 1,451.263 101.352 1,537.217
202109 1,535.054 101.533 1,623.082
202112 1,597.111 101.776 1,684.666
202203 1,647.459 103.205 1,713.704
202206 1,783.225 104.783 1,826.998
202209 2,019.715 104.835 2,068.266
202212 2,485.836 104.666 2,549.693
202303 2,922.897 106.245 2,953.440
202306 5,443.340 106.576 5,483.148
202309 7,741.561 106.570 7,798.615
202312 8,103.837 106.461 8,171.866
202403 18,726.440 107.355 18,726.440

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.


UBS Group AG  (BUE:OUBS) 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.


UBS Group AG Cyclically Adjusted PB Ratio Related Terms

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UBS Group AG (BUE:OUBS) Business Description

Industry
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.

UBS Group AG (BUE:OUBS) Headlines

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