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Erste Group Bank AG
XETRA:EBO

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Erste Group Bank AG
XETRA:EBO
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Price: 100 EUR -0.7% Market Closed
Market Cap: €39.9B

P/B

1.5
Current
74%
More Expensive
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
€36.5B
/
Total Equity
€26.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
€36.5B
/
Total Equity
€26.3B

Valuation Scenarios

Erste Group Bank AG is trading above its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth €57.39 (43% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-50%
Maximum Upside
No Upside Scenarios
Average Downside
31%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 €100
0%
3-Year Average 0.9 €57.39
-43%
5-Year Average 0.7 €49.51
-50%
Industry Average 1.3 €87.66
-12%
Country Average 1.2 €81.76
-18%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Austria
Percentile
58th
Based on 368 companies
58th percentile
1.5
Low
0 — 0.9
Typical Range
0.9 — 1.7
High
1.7 —
Distribution Statistics
Austria
Min 0
30th Percentile 0.9
Median 1.2
70th Percentile 1.7
Max 6.7

Other Multiples

Erste Group Bank AG
Glance View

Market Cap
39.9B EUR
Industry
Banking

Founded in Vienna in 1819 as the first savings bank in Austria, Erste Group Bank AG has evolved into a major financial institution serving Central and Eastern Europe. The bank operates with a wide-reaching network, offering a comprehensive suite of financial products and services. With a focus on retail banking, Erste Group caters to individuals, small and medium-sized enterprises, and large corporations. Its operations extend across countries like Austria, the Czech Republic, Slovakia, Romania, Hungary, and several others. By focusing on building long-lasting relationships within its communities, Erste Group has positioned itself as a trusted partner in both personal finance management and business endeavors. The way Erste Group Bank AG creates revenue is through the strategic balancing of traditional banking services, including loans, deposits, and mortgages, while also engaging in asset management and investment banking activities. By aggregating deposits from millions of account holders, the bank is able to facilitate lending operations that underpin the economic infrastructure of the region. Fees from these lending operations and returns from investment initiatives further bolster their income. Erste Group also capitalizes on the region’s growth potential and its own digital transformation to innovate banking solutions, thereby enhancing user experience and operational efficiency. Through prudent financial management and continued regional growth, Erste Group Bank AG maintains a solid foundation for its financial services business model.

EBO Intrinsic Value
128.7 EUR
Undervaluation 22%
Intrinsic Value
Price €100
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