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Suez Canal Bank (CAI:CANA) Cyclically Adjusted PB Ratio : 1.27 (As of Jun. 08, 2024)


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What is Suez Canal Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Suez Canal Bank's current share price is E£12.67. Suez Canal Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was E£9.95. Suez Canal Bank's Cyclically Adjusted PB Ratio for today is 1.27.

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

CAI:CANA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.77   Max: 1.74
Current: 1.27

During the past years, Suez Canal Bank's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.48. And the median was 0.77.

CAI:CANA's Cyclically Adjusted PB Ratio is ranked worse than
73.28% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs CAI:CANA: 1.27

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.

Suez Canal Bank's adjusted book value per share data for the three months ended in Mar. 2024 was E£17.221. 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 E£9.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suez Canal Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suez Canal Bank'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.

Suez Canal Bank Cyclically Adjusted PB Ratio Chart

Suez Canal Bank 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 - - - 0.66 1.15

Suez Canal Bank 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 0.77 0.77 0.93 1.15 1.31

Competitive Comparison of Suez Canal Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Suez Canal Bank'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.


Suez Canal Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Suez Canal Bank 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.

Suez Canal Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.67/9.95
=1.27

* 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.

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

For example, Suez Canal Bank'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)
=17.221/131.7762*131.7762
=17.221

Current CPI (Mar. 2024) = 131.7762.

Suez Canal Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.573 100.560 9.924
201409 7.603 100.428 9.976
201412 7.587 99.070 10.092
201503 7.507 99.621 9.930
201506 7.421 100.684 9.713
201509 7.292 100.392 9.572
201512 7.225 99.792 9.541
201603 7.106 100.470 9.320
201606 7.005 101.688 9.078
201609 7.089 101.861 9.171
201612 8.047 101.863 10.410
201703 8.743 102.862 11.201
201706 9.106 103.349 11.611
201709 9.411 104.136 11.909
201712 9.706 104.011 12.297
201803 10.341 105.290 12.942
201806 2.725 106.317 3.378
201809 11.191 106.507 13.846
201812 5.769 105.998 7.172
201903 5.817 107.251 7.147
201906 5.961 108.070 7.269
201909 6.295 108.329 7.657
201912 6.617 108.420 8.042
202003 6.575 108.902 7.956
202006 6.958 108.767 8.430
202009 7.171 109.815 8.605
202012 7.737 109.897 9.277
202103 7.013 111.754 8.269
202106 7.932 114.631 9.118
202109 8.259 115.734 9.404
202112 8.801 117.630 9.859
202203 9.011 121.301 9.789
202206 9.301 125.017 9.804
202209 10.270 125.227 10.807
202212 11.002 125.222 11.578
202303 4.226 127.348 4.373
202306 12.209 128.729 12.498
202309 13.695 129.860 13.897
202312 15.626 129.419 15.911
202403 17.221 131.776 17.221

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.


Suez Canal Bank  (CAI:CANA) 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.


Suez Canal Bank Cyclically Adjusted PB Ratio Related Terms

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


Suez Canal Bank (CAI:CANA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7 & 9 Abd El-Kader Hamza Street, Garden City, Cairo, EGY
Suez Canal Bank provides retail, corporate, and investment banking services. The company offers personal banking products and services, including savings, current accounts; time deposits; certificates of deposit; debit and credit cards; and mutual funds. It also provides custodian services comprising bookkeeping services of stocks and bonds, execution of buy/sell orders on behalf of its customers, collecting due coupons on behalf of its customers, subscriptions for new issues, and pledge and freeze of securities. In addition, the company offers institutional banking services to corporate, and small and medium enterprises.

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