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Banco Di Desio E Della Brianza SpA (MIL:BDB) Cyclically Adjusted Book per Share : €8.48 (As of Mar. 2024)


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What is Banco Di Desio E Della Brianza SpA 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.

Banco Di Desio E Della Brianza SpA's adjusted book value per share for the three months ended in Mar. 2024 was €10.373. 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 €8.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco Di Desio E Della Brianza SpA's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Banco Di Desio E Della Brianza SpA was 7.30% per year. The lowest was 2.40% per year. And the median was 6.20% per year.

As of today (2024-05-22), Banco Di Desio E Della Brianza SpA's current stock price is €5.30. Banco Di Desio E Della Brianza SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.48. Banco Di Desio E Della Brianza SpA's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Di Desio E Della Brianza SpA was 0.61. The lowest was 0.25. And the median was 0.39.


Banco Di Desio E Della Brianza SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco Di Desio E Della Brianza SpA'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.

* Premium members only.

Banco Di Desio E Della Brianza SpA Cyclically Adjusted Book per Share Chart

Banco Di Desio E Della Brianza SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 6.79 7.17 8.10 8.38

Banco Di Desio E Della Brianza SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 8.14 8.26 8.36 8.38 8.48

Competitive Comparison of Banco Di Desio E Della Brianza SpA's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco Di Desio E Della Brianza SpA'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.


Banco Di Desio E Della Brianza SpA's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Di Desio E Della Brianza SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco Di Desio E Della Brianza SpA's Cyclically Adjusted PB Ratio falls into.



Banco Di Desio E Della Brianza SpA 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, Banco Di Desio E Della Brianza SpA'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)
=10.373/120.2000*120.2000
=10.373

Current CPI (Mar. 2024) = 120.2000.

Banco Di Desio E Della Brianza SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.547 100.093 7.862
201409 6.658 99.814 8.018
201412 6.495 99.721 7.829
201503 6.724 99.814 8.097
201506 6.530 100.279 7.827
201509 6.648 100.000 7.991
201512 6.685 99.814 8.050
201603 6.736 99.600 8.129
201606 6.698 99.900 8.059
201609 6.807 100.100 8.174
201612 6.667 100.300 7.990
201703 6.668 101.000 7.936
201706 6.715 101.100 7.984
201709 6.827 101.200 8.109
201712 7.120 101.200 8.457
201803 6.698 101.800 7.909
201806 6.495 102.400 7.624
201809 6.500 102.600 7.615
201812 6.851 102.300 8.050
201903 6.854 102.800 8.014
201906 6.939 103.100 8.090
201909 7.358 102.900 8.595
201912 7.099 102.800 8.301
202003 7.110 102.900 8.305
202006 7.053 102.900 8.239
202009 7.186 102.300 8.443
202012 7.320 102.600 8.576
202103 7.830 103.700 9.076
202106 7.896 104.200 9.108
202109 8.033 104.900 9.205
202112 8.009 106.600 9.031
202203 8.227 110.400 8.957
202206 8.238 112.500 8.802
202209 8.218 114.200 8.650
202212 8.354 119.000 8.438
202303 9.581 118.800 9.694
202306 9.651 119.700 9.691
202309 9.874 120.300 9.866
202312 10.077 119.700 10.119
202403 10.373 120.200 10.373

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


Banco Di Desio E Della Brianza SpA  (MIL:BDB) 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.

Banco Di Desio E Della Brianza SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.30/8.48
=0.63

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Di Desio E Della Brianza SpA was 0.61. The lowest was 0.25. And the median was 0.39.


Be Aware

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


Banco Di Desio E Della Brianza SpA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Banco Di Desio E Della Brianza SpA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Di Desio E Della Brianza SpA (MIL:BDB) Business Description

Traded in Other Exchanges
Address
Via E. Rovagnati, 1, Desio, ITA, 20832
Banco Di Desio E Della Brianza SpA is an Italy based company engaged in providing financial services. The group operates by carrying out traditional banking activities, providing asset management services and selling life and non-life bancassurance products. It offers loans and deposits; financial, banking, and payment services; insurance products, asset management products; debit and credit cards. The bank serves individuals and small to midsized businesses by providing other services. The activities are carried out through Italy.

Banco Di Desio E Della Brianza SpA (MIL:BDB) Headlines

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