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Zagrebacka Banka D.D (ZAG:ZABA) Cyclically Adjusted Book per Share : €9.26 (As of Mar. 2024)


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What is Zagrebacka Banka D.D 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.

Zagrebacka Banka D.D's adjusted book value per share for the three months ended in Mar. 2024 was €7.680. 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 €9.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zagrebacka Banka D.D's average Cyclically Adjusted Book Growth Rate was 1.20% 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.

As of today (2024-06-09), Zagrebacka Banka D.D's current stock price is €17.90. Zagrebacka Banka D.D's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.26. Zagrebacka Banka D.D's Cyclically Adjusted PB Ratio of today is 1.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zagrebacka Banka D.D was 2.06. The lowest was 0.91. And the median was 1.07.


Zagrebacka Banka D.D Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zagrebacka Banka D.D'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.

Zagrebacka Banka D.D Cyclically Adjusted Book per Share Chart

Zagrebacka Banka D.D 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 - - 8.56 9.04 9.14

Zagrebacka Banka D.D 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 9.15 9.20 9.21 9.14 9.26

Competitive Comparison of Zagrebacka Banka D.D's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Zagrebacka Banka D.D'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.


Zagrebacka Banka D.D's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zagrebacka Banka D.D's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zagrebacka Banka D.D's Cyclically Adjusted PB Ratio falls into.



Zagrebacka Banka D.D 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, Zagrebacka Banka D.D'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)
=7.68/131.7762*131.7762
=7.680

Current CPI (Mar. 2024) = 131.7762.

Zagrebacka Banka D.D Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.197 99.695 9.513
201406 7.414 100.560 9.716
201409 7.332 100.428 9.621
201412 7.328 99.070 9.747
201503 7.450 99.621 9.855
201506 7.213 100.684 9.440
201509 6.801 100.392 8.927
201512 6.953 99.792 9.181
201603 7.238 100.470 9.493
201606 7.397 101.688 9.586
201609 7.626 101.861 9.866
201612 7.729 101.863 9.999
201703 7.738 102.862 9.913
201706 7.277 103.349 9.279
201709 7.438 104.136 9.412
201712 7.604 104.011 9.634
201806 7.518 106.317 9.318
201809 6.602 106.507 8.168
201812 7.876 105.998 9.791
201903 0.000 107.251 0.000
201906 7.764 108.070 9.467
201909 7.926 108.329 9.642
201912 7.968 108.420 9.684
202003 7.877 108.902 9.532
202006 8.059 108.767 9.764
202009 8.245 109.815 9.894
202012 8.041 109.897 9.642
202103 8.203 111.754 9.673
202106 8.419 114.631 9.678
202109 8.677 115.734 9.880
202112 8.669 117.630 9.712
202203 8.749 121.301 9.505
202206 8.048 125.017 8.483
202209 8.072 125.227 8.494
202212 8.379 125.222 8.818
202303 7.794 127.348 8.065
202306 7.488 128.729 7.665
202309 6.832 129.860 6.933
202312 8.363 129.419 8.515
202403 7.680 131.776 7.680

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


Zagrebacka Banka D.D  (ZAG:ZABA) 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.

Zagrebacka Banka D.D's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.90/9.26
=1.93

* 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 Zagrebacka Banka D.D was 2.06. The lowest was 0.91. And the median was 1.07.


Be Aware

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


Zagrebacka Banka D.D Cyclically Adjusted Book per Share Related Terms

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


Zagrebacka Banka D.D (ZAG:ZABA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Trg bana Josipa Jelacica 10, Zagreb, HRV, 10000
Zagrebacka Banka D.D is a Croatian banking service provider. It caters to a customer and organizational needs through various avenues of services such as payment, financing, savings and investment and insurance. The company has four operating segments namely Retail, Corporate and Investment, Leasing and Other. It generates maximum revenue from the Retail segment. Geographically, it derives majority of revenue from the Republic of Croatia.

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