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Consumers Bancorp (Consumers Bancorp) Cyclically Adjusted Book per Share : $21.34 (As of Mar. 2024)


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What is Consumers Bancorp Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Consumers Bancorp's adjusted book value per share for the three months ended in Mar. 2024 was $19.927. 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 $21.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Consumers Bancorp's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Consumers Bancorp was 9.00% per year. The lowest was 4.60% per year. And the median was 5.50% per year.

As of today (2024-06-08), Consumers Bancorp's current stock price is $16.55. Consumers Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.34. Consumers Bancorp's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Consumers Bancorp was 1.80. The lowest was 0.72. And the median was 1.22.


Consumers Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Consumers Bancorp's Cyclically Adjusted Book per Share 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.

Consumers Bancorp Cyclically Adjusted Book per Share Chart

Consumers Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.71 16.48 18.20 20.36 20.82

Consumers Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 20.60 20.82 20.95 20.93 21.34

Competitive Comparison of Consumers Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Consumers Bancorp'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.


Consumers Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Consumers Bancorp's Cyclically Adjusted PB Ratio falls into.



Consumers Bancorp Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Consumers Bancorp'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)
=19.927/131.7762*131.7762
=19.927

Current CPI (Mar. 2024) = 131.7762.

Consumers Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.757 100.560 19.338
201409 14.836 100.428 19.467
201412 15.127 99.070 20.121
201503 15.366 99.621 20.326
201506 15.222 100.684 19.923
201509 15.559 100.392 20.423
201512 15.574 99.792 20.566
201603 16.005 100.470 20.992
201606 16.078 101.688 20.835
201609 16.163 101.861 20.910
201612 15.498 101.863 20.049
201703 15.663 102.862 20.066
201706 15.985 103.349 20.382
201709 16.219 104.136 20.524
201712 16.182 104.011 20.502
201803 15.865 105.290 19.856
201806 16.032 106.317 19.871
201809 16.084 106.507 19.900
201812 17.154 105.998 21.326
201903 17.964 107.251 22.072
201906 18.716 108.070 22.822
201909 19.301 108.329 23.479
201912 19.681 108.420 23.921
202003 20.337 108.902 24.609
202006 20.971 108.767 25.407
202009 21.607 109.815 25.928
202012 22.360 109.897 26.812
202103 22.315 111.754 26.313
202106 23.084 114.631 26.537
202109 23.339 115.734 26.574
202112 23.975 117.630 26.858
202203 20.292 121.301 22.044
202206 17.656 125.017 18.611
202209 14.203 125.227 14.946
202212 16.313 125.222 17.167
202303 18.203 127.348 18.836
202306 17.921 128.729 18.345
202309 15.942 129.860 16.177
202312 20.404 129.419 20.776
202403 19.927 131.776 19.927

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Consumers Bancorp  (OTCPK:CBKM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Consumers Bancorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.55/21.34
=0.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Consumers Bancorp was 1.80. The lowest was 0.72. And the median was 1.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Consumers Bancorp Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Consumers Bancorp's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Consumers Bancorp (Consumers Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
614 East Lincoln Way, P.O. Box 256, Minerva, OH, USA, 44657
Consumers Bancorp Inc is engaged in the financial services sector. It is a bank holding company for Consumers National Bank and performs commercial and retail banking tasks. Its business involves attracting deposits from businesses and individual customers and using such deposits to originate a commercial, mortgage and consumer loans in the United States market. The company's business banking division provides checking, including business entree checking, business savings, loans and cash management services. Its personal banking services include checking, mortgage loans, loans and credit and savings, CDS and IRAS.
Executives
Lober Ralph J Ii director, officer: CEO/President 9084 EMERALD ISLE ST NW, CANAL FULTON OH 44614
Frank L Paden director 7465 JAGUAR DR, BOARDMAN OH 44512
Suzanne N Mikes officer: VP, Chief Credit Officer 4028 TROON DR, UNIONTOWN OH 44685
Bradley Goris director 3075 SOUTH UNION AVE, ALLIANCE OH 44601-5362
John W Parkinson director 199 ORLANDO MANOR, WINTERSVILLE OH 43953
Kiko Richard T Jr director 103 OVERWOOD RD, AKRON OH 44313
Derek G Williams officer: SVP, Training & Sales Develop 1221 CENTURY HILL STREET, LOUISVILLE OH 44641-2720
Shawna L'italien director 617 BRICKER FARMS LANE, SALEM OH 44460
Ann M Gano director 2053 MAY VALLEY RD SW, NEW PHILADELPHIA OH 44663
Laurie L Mcclellan director, 10 percent owner, officer: CHAIRMAN OF BOD 28 TEPEE DR, MINERVA OH 44644
Schmuck Harry W Jr director 7200 RAVENNA AVE, LOUISVILLE OH 44641
Scott E Dodds officer: EVP, Senior Loan Officer 2669 MT PLEASANT ST NE, NORTH CANTON OH 44721
John P/ Furey director 8050 AVALON RD NW, MALVERN OH 44644
Kimberly K Chuckalovchak officer: SVP, Chief Information Officer 10020 LINDEN RD NW, MINERVA OH 44657
Hillary A Hudak officer: SVP, Chief People Officer 3037 KINGSTON CIR, SILVER LAKE OH 44224

Consumers Bancorp (Consumers Bancorp) Headlines

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