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SVB Financial Group (BSP:S1IV34) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 07, 2024)


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What is SVB Financial Group Cyclically Adjusted PB Ratio?

As of today (2024-06-07), SVB Financial Group's current share price is R$120.07. SVB Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was R$157.93. SVB Financial Group's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for SVB Financial Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:S1IV34's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.91
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

SVB Financial Group's adjusted book value per share data for the three months ended in Dec. 2022 was R$273.874. 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 R$157.93 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


SVB Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SVB Financial Group'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.

SVB Financial Group Cyclically Adjusted PB Ratio Chart

SVB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.92 5.14 7.07 1.95

SVB Financial Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 7.07 5.43 3.59 2.94 1.95

Competitive Comparison of SVB Financial Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SVB Financial Group'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.


SVB Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where SVB Financial Group's Cyclically Adjusted PB Ratio falls into.



SVB Financial Group 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.

SVB Financial Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=120.07/157.93
=0.76

* 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.

SVB Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, SVB Financial Group'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)
=273.874/125.2218*125.2218
=273.874

Current CPI (Dec. 2022) = 125.2218.

SVB Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201303 20.762 98.209 26.473
201306 22.087 98.518 28.074
201309 24.138 98.790 30.596
201312 25.191 98.326 32.082
201403 26.498 99.695 33.283
201406 29.504 100.560 36.740
201409 31.304 100.428 39.032
201412 36.484 99.070 46.115
201503 45.675 99.621 57.413
201506 46.122 100.684 57.362
201509 60.169 100.392 75.051
201512 60.120 99.792 75.440
201603 60.458 100.470 75.352
201606 57.669 101.688 71.015
201609 56.130 101.861 69.003
201612 58.451 101.863 71.855
201703 56.139 102.862 68.342
201706 60.977 103.349 73.882
201709 60.302 104.136 72.512
201712 65.167 104.011 78.456
201803 68.394 105.290 81.342
201806 82.521 106.317 97.195
201809 94.989 106.507 111.680
201812 94.455 105.998 111.585
201903 98.047 107.251 114.476
201906 103.830 108.070 120.309
201909 117.672 108.329 136.021
201912 121.774 108.420 140.645
202003 158.822 108.902 182.624
202006 174.964 108.767 201.433
202009 194.278 109.815 221.535
202012 195.324 109.897 222.562
202103 229.977 111.754 257.691
202106 221.385 114.631 241.838
202109 275.207 115.734 297.768
202112 302.966 117.630 322.521
202203 260.786 121.301 269.215
202206 262.119 125.017 262.549
202209 263.115 125.227 263.105
202212 273.874 125.222 273.874

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.


SVB Financial Group  (BSP:S1IV34) 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.


SVB Financial Group Cyclically Adjusted PB Ratio Related Terms

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


SVB Financial Group (BSP:S1IV34) Business Description

Traded in Other Exchanges
Address
3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

SVB Financial Group (BSP:S1IV34) Headlines

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