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Lollands Bank A/S (OCSE:LOLB) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 03, 2024)


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What is Lollands Bank A/S Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Lollands Bank A/S's current share price is kr580.00. Lollands Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr563.11. Lollands Bank A/S's Cyclically Adjusted PB Ratio for today is 1.03.

The historical rank and industry rank for Lollands Bank A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

OCSE:LOLB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.07   Max: 1.36
Current: 1.03

During the past years, Lollands Bank A/S's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.86. And the median was 1.07.

OCSE:LOLB's Cyclically Adjusted PB Ratio is ranked worse than
58.47% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs OCSE:LOLB: 1.03

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.

Lollands Bank A/S's adjusted book value per share data for the three months ended in Mar. 2024 was kr778.958. 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 kr563.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lollands Bank A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lollands Bank A/S'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.

Lollands Bank A/S Cyclically Adjusted PB Ratio Chart

Lollands Bank A/S 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 0.91 0.96 1.29 1.12 1.00

Lollands Bank A/S 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 1.10 1.02 1.04 1.00 1.03

Competitive Comparison of Lollands Bank A/S's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Lollands Bank A/S'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.


Lollands Bank A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lollands Bank A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lollands Bank A/S's Cyclically Adjusted PB Ratio falls into.



Lollands Bank A/S 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.

Lollands Bank A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=580.00/563.11
=1.03

* 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.

Lollands Bank A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lollands Bank A/S'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)
=778.958/118.4000*118.4000
=778.958

Current CPI (Mar. 2024) = 118.4000.

Lollands Bank A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 331.566 99.700 393.755
201409 334.787 99.700 397.581
201412 312.475 99.400 372.204
201503 313.380 100.200 370.301
201506 319.564 100.300 377.232
201509 325.346 100.200 384.441
201512 339.652 99.800 402.954
201603 352.881 100.200 416.977
201606 361.578 100.600 425.555
201609 377.993 100.200 446.650
201612 393.526 100.300 464.541
201703 402.289 101.200 470.662
201706 418.936 101.200 490.139
201709 434.301 101.800 505.120
201712 440.497 101.300 514.855
201803 433.391 101.700 504.557
201806 457.695 102.300 529.727
201809 469.481 102.400 542.837
201812 472.518 102.100 547.954
201903 477.399 102.900 549.310
201906 491.906 102.900 566.003
201909 501.707 102.900 577.280
201912 515.648 102.900 593.321
202003 514.345 103.300 589.530
202006 532.598 103.200 611.043
202009 550.986 103.500 630.307
202012 568.694 103.400 651.193
202103 582.034 104.300 660.717
202106 605.035 105.000 682.249
202109 617.373 105.800 690.898
202112 636.214 106.600 706.639
202203 651.308 109.900 701.682
202206 641.558 113.600 668.666
202209 651.560 116.400 662.755
202212 672.841 115.900 687.354
202303 691.344 117.300 697.827
202306 719.820 116.400 732.188
202309 741.300 117.400 747.614
202312 769.449 116.700 780.658
202403 778.958 118.400 778.958

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.


Lollands Bank A/S  (OCSE:LOLB) 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.


Lollands Bank A/S Cyclically Adjusted PB Ratio Related Terms

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


Lollands Bank A/S (OCSE:LOLB) Business Description

Traded in Other Exchanges
N/A
Address
Nybrogade 3, Nakskov, DNK, 4900
Lollands Bank A/S is a regional bank. It is engaged in the provision of banking products and financial services to both private individuals and corporate clients. It also provides mortgage and insurance services to its clients. It has branches in Maribo, Nakskov, Nr. Alslev, Nykobing F., Rodbyhavn and Vordingborg.

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