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Aareal Bank AG (Aareal Bank AG) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 10, 2024)


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What is Aareal Bank AG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Aareal Bank AG's current share price is $34.65. Aareal Bank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $58.45. Aareal Bank AG's Cyclically Adjusted PB Ratio for today is 0.59.

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

AAALY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.6   Max: 0.99
Current: 0.62

During the past years, Aareal Bank AG's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.30. And the median was 0.60.

AAALY's Cyclically Adjusted PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.9 vs AAALY: 0.62

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.

Aareal Bank AG's adjusted book value per share data for the three months ended in Mar. 2024 was $59.453. 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 $58.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aareal Bank AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aareal Bank 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.

Aareal Bank AG Cyclically Adjusted PB Ratio Chart

Aareal Bank 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 0.67 0.43 0.60 0.62 0.61

Aareal Bank 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 0.60 0.61 0.59 0.61 0.59

Competitive Comparison of Aareal Bank AG's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Aareal Bank 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.


Aareal Bank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Aareal Bank AG's Cyclically Adjusted PB Ratio falls into.



Aareal Bank 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.

Aareal Bank AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.65/58.45
=0.59

* 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.

Aareal Bank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aareal Bank 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)
=59.453/125.0381*125.0381
=59.453

Current CPI (Mar. 2024) = 125.0381.

Aareal Bank AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 54.727 99.543 68.744
201409 53.004 99.823 66.393
201412 51.108 99.543 64.198
201503 46.232 99.717 57.972
201506 50.757 100.417 63.202
201509 51.563 100.417 64.206
201512 50.993 99.717 63.942
201603 52.798 100.017 66.007
201606 52.240 100.717 64.855
201609 52.913 101.017 65.495
201612 50.877 101.217 62.851
201703 51.906 101.417 63.996
201706 53.160 102.117 65.092
201709 57.407 102.717 69.882
201712 57.771 102.617 70.393
201803 60.357 102.917 73.330
201806 54.589 104.017 65.621
201809 55.578 104.718 66.363
201812 55.612 104.217 66.722
201903 55.292 104.217 66.338
201906 53.215 105.718 62.940
201909 51.794 106.018 61.086
201912 53.071 105.818 62.711
202003 52.704 105.718 62.336
202006 53.543 106.618 62.794
202009 55.905 105.818 66.059
202012 59.062 105.518 69.988
202103 58.930 107.518 68.533
202106 58.915 108.486 67.904
202109 58.433 109.435 66.764
202112 56.538 110.384 64.044
202203 56.430 113.968 61.911
202206 55.453 115.760 59.897
202209 52.964 118.818 55.737
202212 56.437 119.345 59.129
202303 58.079 122.402 59.330
202306 58.482 123.140 59.383
202309 58.553 124.195 58.951
202312 58.208 123.773 58.803
202403 59.453 125.038 59.453

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.


Aareal Bank AG  (OTCPK:AAALY) 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.


Aareal Bank AG Cyclically Adjusted PB Ratio Related Terms

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


Aareal Bank AG (Aareal Bank AG) Business Description

Traded in Other Exchanges
Address
Paulinenstrasse 15, Wiesbaden, HE, DEU, 65189
Aareal Bank AG is the parent company of the Aareal Bank Group, an international purveyor of financing services that specializes in commercial property financing. The group's companies are organized into three business segments: structured property financing and Banking and Digital solutions and Aareon. Under its structured property financing segment, the group serves its customers' projects in Europe, North America, and Asia. The bank's strategic focus emphasizes local market expertise combined with sector-specific knowledge. Its commercial property financing particularly includes office buildings, hotels, retail, logistics, and residential properties. Most of the bank's new financing opportunities take place in Western Europe.

Aareal Bank AG (Aareal Bank AG) Headlines