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Credit Suisse Group AG (LTS:0QP5) Cyclically Adjusted Book per Share : CHF0.00 (As of Dec. 2022)


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What is Credit Suisse Group AG Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Credit Suisse Group AG's adjusted book value per share for the three months ended in Dec. 2022 was CHF11.450. 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 CHF0.00 for the trailing ten years ended in Dec. 2022.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-15), Credit Suisse Group AG's current stock price is CHF0.8133. Credit Suisse Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was CHF0.00. Credit Suisse Group AG's Cyclically Adjusted PB Ratio of today is .


Credit Suisse Group AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Credit Suisse Group AG's Cyclically Adjusted Book per Share 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.

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Credit Suisse Group AG Cyclically Adjusted Book per Share Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Credit Suisse 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.


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

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

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



Credit Suisse Group AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Credit Suisse Group AG's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book= Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=11.45/104.6662*104.6662
=11.450

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201303 24.980 101.221 25.830
201306 23.644 101.466 24.390
201309 23.504 101.336 24.277
201312 23.527 101.036 24.372
201403 24.177 101.224 24.999
201406 22.717 101.517 23.422
201409 24.324 101.247 25.145
201412 24.397 100.704 25.357
201503 24.639 100.339 25.702
201506 23.189 100.464 24.159
201509 24.320 99.785 25.510
201512 20.772 99.386 21.876
201603 21.114 99.475 22.216
201606 19.730 100.088 20.633
201609 19.365 99.604 20.349
201612 18.310 99.380 19.284
201703 18.280 100.040 19.125
201706 16.124 100.285 16.828
201709 16.248 100.254 16.963
201712 15.552 100.213 16.243
201803 15.855 100.836 16.457
201806 16.136 101.435 16.650
201809 15.848 101.246 16.383
201812 16.300 100.906 16.907
201903 16.541 101.571 17.045
201906 16.484 102.044 16.908
201909 17.276 101.396 17.833
201912 16.957 101.063 17.562
202003 19.205 101.048 19.893
202006 18.041 100.743 18.744
202009 17.877 100.585 18.602
202012 16.789 100.241 17.530
202103 17.854 100.800 18.539
202106 17.108 101.352 17.667
202109 17.608 101.533 18.151
202112 16.191 101.776 16.651
202203 16.457 103.205 16.690
202206 16.620 104.783 16.602
202209 15.651 104.835 15.626
202212 11.450 104.666 11.450

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Credit Suisse Group AG  (LTS:0QP5) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Credit Suisse Group AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Credit Suisse Group AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Suisse Group AG (LTS:0QP5) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

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