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UBS Group AG (FRA:0UB) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is UBS Group AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


UBS Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UBS Group 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.

UBS Group AG Cyclically Adjusted PB Ratio Chart

UBS Group 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 0.90 0.90 1.14 1.14 1.61

UBS Group 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 1.26 1.15 1.42 1.61 1.68

Competitive Comparison of UBS Group AG's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, UBS Group 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.


UBS Group AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



UBS Group 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.

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

For example, UBS Group 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)
=24.445/107.3549*107.3549
=24.445

Current CPI (Mar. 2024) = 107.3549.

UBS Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.899 101.517 11.526
201409 11.047 101.247 11.713
201412 11.437 100.704 12.192
201503 13.681 100.339 14.638
201506 13.184 100.464 14.088
201509 13.218 99.785 14.221
201512 13.695 99.386 14.793
201603 13.717 99.475 14.804
201606 12.959 100.088 13.900
201609 13.260 99.604 14.292
201612 13.513 99.380 14.597
201703 13.501 100.040 14.488
201706 12.967 100.285 13.881
201709 12.383 100.254 13.260
201712 11.922 100.213 12.772
201803 11.587 100.836 12.336
201806 11.682 101.435 12.364
201809 11.981 101.246 12.704
201812 12.610 100.906 13.416
201903 12.791 101.571 13.519
201906 12.859 102.044 13.528
201909 14.050 101.396 14.876
201912 13.565 101.063 14.409
202003 14.632 101.048 15.545
202006 14.119 100.743 15.046
202009 14.068 100.585 15.015
202012 13.758 100.241 14.734
202103 13.835 100.800 14.735
202106 14.030 101.352 14.861
202109 14.856 101.533 15.708
202112 15.792 101.776 16.658
202203 15.956 103.205 16.598
202206 16.509 104.783 16.914
202209 17.696 104.835 18.121
202212 17.277 104.666 17.721
202303 17.367 106.245 17.548
202306 24.878 106.576 25.060
202309 24.591 106.570 24.772
202312 24.607 106.461 24.814
202403 24.445 107.355 24.445

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.


UBS Group AG  (FRA:0UB) 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.


UBS Group AG Cyclically Adjusted PB Ratio Related Terms

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UBS Group AG (FRA:0UB) Business Description

Industry
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.

UBS Group AG (FRA:0UB) Headlines

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