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Mons Bank A/S (OCSE:MNBA) Cyclically Adjusted Book per Share : kr275.36 (As of Mar. 2024)


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What is Mons Bank A/S 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.

Mons Bank A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr332.824. 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 kr275.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mons Bank A/S's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 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 Mons Bank A/S was 5.10% per year. The lowest was 5.10% per year. And the median was 5.10% per year.

As of today (2024-06-09), Mons Bank A/S's current stock price is kr240.00. Mons Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr275.36. Mons Bank A/S's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mons Bank A/S was 1.10. The lowest was 0.61. And the median was 0.85.


Mons Bank A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mons Bank A/S'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.

Mons Bank A/S Cyclically Adjusted Book per Share Chart

Mons Bank A/S 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 - 232.47 223.12 254.97 269.92

Mons Bank A/S 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 265.25 264.67 269.10 269.92 275.36

Competitive Comparison of Mons Bank A/S's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Mons Bank A/S'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.


Mons Bank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mons Bank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mons Bank A/S's Cyclically Adjusted PB Ratio falls into.



Mons Bank A/S 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, Mons Bank A/S'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)
=332.824/118.4000*118.4000
=332.824

Current CPI (Mar. 2024) = 118.4000.

Mons Bank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 198.144 99.700 235.308
201409 0.000 99.700 0.000
201412 203.256 99.400 242.108
201503 206.510 100.200 244.020
201506 211.883 100.300 250.119
201509 211.975 100.200 250.477
201512 213.129 99.800 252.850
201603 214.257 100.200 253.174
201606 218.537 100.600 257.205
201609 227.585 100.200 268.923
201612 224.265 100.300 264.736
201703 229.161 101.200 268.109
201706 235.394 101.200 275.402
201709 240.051 101.800 279.195
201712 239.624 101.300 280.074
201803 237.712 101.700 276.746
201806 214.252 102.300 247.971
201809 219.212 102.400 253.464
201812 220.477 102.100 255.676
201903 222.114 102.900 255.571
201906 227.847 102.900 262.168
201909 232.201 102.900 267.178
201912 235.631 102.900 271.124
202003 235.951 103.300 270.441
202006 239.051 103.200 274.260
202009 243.285 103.500 278.309
202012 246.427 103.400 282.176
202103 252.546 104.300 286.687
202106 260.657 105.000 293.922
202109 264.461 105.800 295.956
202112 267.978 106.600 297.642
202203 270.355 109.900 291.265
202206 275.640 113.600 287.287
202209 279.718 116.400 284.524
202212 288.572 115.900 294.797
202303 293.722 117.300 296.476
202306 302.740 116.400 307.942
202309 316.598 117.400 319.295
202312 328.888 116.700 333.679
202403 332.824 118.400 332.824

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


Mons Bank A/S  (OCSE:MNBA) 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.

Mons Bank A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=240.00/275.36
=0.87

* 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 Mons Bank A/S was 1.10. The lowest was 0.61. And the median was 0.85.


Be Aware

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


Mons Bank A/S Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mons Bank A/S's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mons Bank A/S (OCSE:MNBA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Storegade 29, Stege, DNK, 4780
Mons Bank A/S is a regional bank in Denmark. The Bank provides banking and other financial services to private individuals and local businesses in and around the island of Mon (Moen). It has branches in Praesto, Naestved and Vordingborg.

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