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Bar Harbor Bankshares (FRA:42K) Cyclically Adjusted Book per Share : €24.83 (As of Mar. 2024)


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What is Bar Harbor Bankshares 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.

Bar Harbor Bankshares's adjusted book value per share for the three months ended in Mar. 2024 was €26.352. 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 €24.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bar Harbor Bankshares's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Bar Harbor Bankshares was 10.30% per year. The lowest was 4.60% per year. And the median was 6.55% per year.

As of today (2024-06-08), Bar Harbor Bankshares's current stock price is €23.60. Bar Harbor Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.83. Bar Harbor Bankshares's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bar Harbor Bankshares was 2.33. The lowest was 0.76. And the median was 1.43.


Bar Harbor Bankshares Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bar Harbor Bankshares'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.

Bar Harbor Bankshares Cyclically Adjusted Book per Share Chart

Bar Harbor Bankshares 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 - - 20.42 23.39 24.56

Bar Harbor Bankshares 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 22.61 24.55 25.12 24.56 24.83

Competitive Comparison of Bar Harbor Bankshares's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bar Harbor Bankshares'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.


Bar Harbor Bankshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bar Harbor Bankshares's Cyclically Adjusted PB Ratio falls into.



Bar Harbor Bankshares 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, Bar Harbor Bankshares'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)
=26.352/131.7762*131.7762
=26.352

Current CPI (Mar. 2024) = 131.7762.

Bar Harbor Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.423 100.560 14.969
201409 12.320 100.428 16.166
201412 13.301 99.070 17.692
201503 15.515 99.621 20.523
201506 14.754 100.684 19.310
201509 15.270 100.392 20.044
201512 15.697 99.792 20.728
201603 15.994 100.470 20.978
201606 16.259 101.688 21.070
201609 16.119 101.861 20.853
201612 16.301 101.863 21.088
201703 20.727 102.862 26.553
201706 20.052 103.349 25.567
201709 19.217 104.136 24.318
201712 19.405 104.011 24.585
201803 18.475 105.290 23.123
201806 19.663 106.317 24.372
201809 19.765 106.507 24.454
201812 20.984 105.998 26.087
201903 21.722 107.251 26.689
201906 22.236 108.070 27.114
201909 23.035 108.329 28.021
201912 22.931 108.420 27.871
202003 23.442 108.902 28.366
202006 23.591 108.767 28.581
202009 23.001 109.815 27.601
202012 22.433 109.897 26.899
202103 22.788 111.754 26.871
202106 23.038 114.631 26.484
202109 23.733 115.734 27.023
202112 25.022 117.630 28.031
202203 24.616 121.301 26.742
202206 24.780 125.017 26.120
202209 25.473 125.227 26.805
202212 24.625 125.222 25.914
202303 25.221 127.348 26.098
202306 25.065 128.729 25.658
202309 24.990 129.860 25.359
202312 26.114 129.419 26.590
202403 26.352 131.776 26.352

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


Bar Harbor Bankshares  (FRA:42K) 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.

Bar Harbor Bankshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.60/24.83
=0.95

* 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 Bar Harbor Bankshares was 2.33. The lowest was 0.76. And the median was 1.43.


Be Aware

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


Bar Harbor Bankshares Cyclically Adjusted Book per Share Related Terms

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


Bar Harbor Bankshares (FRA:42K) Business Description

Industry
Traded in Other Exchanges
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.

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