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Dime Community Bancshares (FRA:0NW) Cyclically Adjusted Book per Share : €20.73 (As of Mar. 2024)


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What is Dime Community Bancshares 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.

Dime Community Bancshares's adjusted book value per share for the three months ended in Mar. 2024 was €26.533. 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 €20.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dime Community Bancshares's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Dime Community Bancshares was 13.40% per year. The lowest was 4.00% per year. And the median was 5.25% per year.

As of today (2024-06-10), Dime Community Bancshares's current stock price is €15.70. Dime Community Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.73. Dime Community Bancshares's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dime Community Bancshares was 2.26. The lowest was 0.76. And the median was 1.58.


Dime Community Bancshares Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dime Community Bancshares'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.

Dime Community Bancshares Cyclically Adjusted Book per Share Chart

Dime Community Bancshares 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 - - - - 20.01

Dime Community Bancshares 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 - 19.72 20.12 20.01 20.73

Competitive Comparison of Dime Community Bancshares's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Dime Community Bancshares'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.


Dime Community Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Dime Community Bancshares's Cyclically Adjusted PB Ratio falls into.



Dime Community Bancshares 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, Dime Community Bancshares'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)
=26.533/131.7762*131.7762
=26.533

Current CPI (Mar. 2024) = 131.7762.

Dime Community Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.956 100.560 11.736
201409 9.605 100.428 12.603
201412 10.116 99.070 13.456
201503 11.686 99.621 15.458
201506 11.451 100.684 14.987
201509 11.593 100.392 15.217
201512 12.133 99.792 16.022
201603 12.964 100.470 17.003
201606 12.990 101.688 16.834
201609 13.178 101.861 17.048
201612 14.326 101.863 18.533
201703 14.266 102.862 18.276
201706 13.712 103.349 17.484
201709 13.139 104.136 16.626
201712 13.517 104.011 17.125
201803 13.154 105.290 16.463
201806 14.016 106.317 17.372
201809 14.128 106.507 17.480
201812 14.668 105.998 18.235
201903 14.896 107.251 18.302
201906 15.011 108.070 18.304
201909 15.379 108.329 18.708
201912 15.278 108.420 18.569
202003 15.319 108.902 18.537
202006 15.162 108.767 18.369
202009 14.837 109.815 17.804
202012 24.336 109.897 29.181
202103 21.361 111.754 25.188
202106 21.934 114.631 25.215
202109 22.642 115.734 25.780
202112 23.881 117.630 26.753
202203 23.902 121.301 25.966
202206 24.985 125.017 26.336
202209 26.819 125.227 28.222
202212 25.770 125.222 27.119
202303 25.867 127.348 26.767
202306 25.831 128.729 26.443
202309 26.262 129.860 26.650
202312 26.210 129.419 26.687
202403 26.533 131.776 26.533

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


Dime Community Bancshares  (FRA:0NW) 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.

Dime Community Bancshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.70/20.73
=0.76

* 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 Dime Community Bancshares was 2.26. The lowest was 0.76. And the median was 1.58.


Be Aware

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


Dime Community Bancshares Cyclically Adjusted Book per Share Related Terms

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


Dime Community Bancshares (FRA:0NW) Business Description

Traded in Other Exchanges
Address
898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788
Dime Community Bancshares Inc operates as a holding company. It gathers deposits from customers within its market area and via the internet, and invests them in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities, obligations of the U.S. government and government- sponsored enterprises (GSEs), and corporate debt and equity securities.

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