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Chesapeake Financial Shares (Chesapeake Financial Shares) Cyclically Adjusted Book per Share : $22.94 (As of Mar. 2024)


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What is Chesapeake Financial Shares 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.

Chesapeake Financial Shares's adjusted book value per share for the three months ended in Mar. 2024 was $21.768. 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 $22.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chesapeake Financial Shares's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Chesapeake Financial Shares was 15.20% per year. The lowest was 9.10% per year. And the median was 14.00% per year.

As of today (2024-06-08), Chesapeake Financial Shares's current stock price is $17.21. Chesapeake Financial Shares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.94. Chesapeake Financial Shares's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chesapeake Financial Shares was 2.22. The lowest was 0.72. And the median was 1.50.


Chesapeake Financial Shares Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chesapeake Financial Shares'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.

Chesapeake Financial Shares Cyclically Adjusted Book per Share Chart

Chesapeake Financial Shares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.24 17.25 20.34 21.48 22.42

Chesapeake Financial Shares 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 21.89 22.18 22.40 22.42 22.94

Competitive Comparison of Chesapeake Financial Shares's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Chesapeake Financial Shares'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.


Chesapeake Financial Shares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Chesapeake Financial Shares's Cyclically Adjusted PB Ratio falls into.



Chesapeake Financial Shares 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, Chesapeake Financial Shares'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)
=21.768/131.7762*131.7762
=21.768

Current CPI (Mar. 2024) = 131.7762.

Chesapeake Financial Shares Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.531 99.695 17.885
201409 14.400 100.428 18.895
201412 14.762 99.070 19.635
201503 15.293 99.621 20.229
201506 0.000 100.684 0.000
201509 15.512 100.392 20.361
201512 15.764 99.792 20.816
201603 16.114 100.470 21.135
201606 16.720 101.688 21.667
201609 16.748 101.861 21.667
201612 16.120 101.863 20.854
201703 16.690 102.862 21.381
201706 17.197 103.349 21.927
201709 17.497 104.136 22.141
201712 17.770 104.011 22.514
201803 17.822 105.290 22.305
201806 18.124 106.317 22.464
201809 18.303 106.507 22.646
201812 18.859 105.998 23.445
201903 19.837 107.251 24.373
201906 20.655 108.070 25.186
201909 21.517 108.329 26.174
201912 21.364 108.420 25.966
202003 21.327 108.902 25.807
202006 23.137 108.767 28.031
202009 24.207 109.815 29.048
202012 25.404 109.897 30.462
202103 25.219 111.754 29.737
202106 26.782 114.631 30.788
202109 26.615 115.734 30.304
202112 26.670 117.630 29.877
202203 21.394 121.301 23.242
202206 18.069 125.017 19.046
202209 15.310 125.227 16.111
202212 16.775 125.222 17.653
202303 18.974 127.348 19.634
202306 19.394 128.729 19.853
202309 18.169 129.860 18.437
202312 20.885 129.419 21.265
202403 21.768 131.776 21.768

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


Chesapeake Financial Shares  (OTCPK:CPKF) 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.

Chesapeake Financial Shares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.21/22.94
=0.75

* 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 Chesapeake Financial Shares was 2.22. The lowest was 0.72. And the median was 1.50.


Be Aware

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


Chesapeake Financial Shares Cyclically Adjusted Book per Share Related Terms

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


Chesapeake Financial Shares (Chesapeake Financial Shares) Business Description

Traded in Other Exchanges
N/A
Address
97 North Main Street, P.O. Box 1419, Kilmarnock, VA, USA, 22482
Chesapeake Financial Shares Inc is engaged in the business of full-service lending, providing deposit services to individuals and businesses and offering brokerage, trust, and estate management services. The company's loan portfolio includes segments; Commercial loans include both secured and unsecured loans for working capital, expansion, and other business purposes, Commercial-Real Estate: Loans secured by commercial real estate, Consumer-Non-Real Estate, and Residential-Real Estate. The company operates through its network of branches located throughout the Northern Neck, Middle Peninsula, Williamsburg, James City County, and Richmond areas of Virginia.

Chesapeake Financial Shares (Chesapeake Financial Shares) Headlines