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UBS Group AG (XSWX:UBSG) Cyclically Adjusted PB Ratio : 1.72 (As of May. 27, 2024)


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What is UBS Group AG Cyclically Adjusted PB Ratio?

As of today (2024-05-27), UBS Group AG's current share price is CHF28.43. UBS Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF16.55. UBS Group AG's Cyclically Adjusted PB Ratio for today is 1.72.

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

XSWX:UBSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.04   Max: 1.74
Current: 1.7

During the past years, UBS Group AG's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.59. And the median was 1.04.

XSWX:UBSG's Cyclically Adjusted PB Ratio is ranked worse than
84.49% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs XSWX:UBSG: 1.70

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.

UBS Group AG's adjusted book value per share data for the three months ended in Mar. 2024 was CHF23.628. 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 CHF16.55 for the trailing ten years ended in Mar. 2024.

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.43/16.55
=1.72

* 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.

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)
=23.628/107.3549*107.3549
=23.628

Current CPI (Mar. 2024) = 107.3549.

UBS Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.266 101.517 14.029
201409 13.339 101.247 14.144
201412 13.754 100.704 14.662
201503 14.508 100.339 15.522
201506 13.792 100.464 14.738
201509 14.427 99.785 15.521
201512 14.845 99.386 16.035
201603 14.986 99.475 16.173
201606 14.117 100.088 15.142
201609 14.460 99.604 15.585
201612 14.531 99.380 15.697
201703 14.462 100.040 15.519
201706 14.105 100.285 15.099
201709 14.206 100.254 15.212
201712 13.925 100.213 14.917
201803 13.545 100.836 14.421
201806 13.510 101.435 14.298
201809 13.537 101.246 14.354
201812 14.230 100.906 15.139
201903 14.461 101.571 15.285
201906 14.356 102.044 15.103
201909 15.328 101.396 16.229
201912 14.810 101.063 15.732
202003 15.510 101.048 16.478
202006 15.125 100.743 16.118
202009 15.160 100.585 16.180
202012 14.870 100.241 15.925
202103 15.314 100.800 16.310
202106 15.345 101.352 16.254
202109 16.128 101.533 17.053
202112 16.434 101.776 17.335
202203 16.333 103.205 16.990
202206 16.931 104.783 17.347
202209 17.053 104.835 17.463
202212 17.050 104.666 17.488
202303 17.209 106.245 17.389
202306 24.269 106.576 24.446
202309 23.610 106.570 23.784
202312 23.207 106.461 23.402
202403 23.628 107.355 23.628

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  (XSWX:UBSG) 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

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


UBS Group AG (XSWX:UBSG) Business Description

Industry
Traded in Other Exchanges
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 (XSWX:UBSG) Headlines

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