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Atlantic Union Bankshares (FRA:UIO) Cyclically Adjusted Book per Share : €31.27 (As of Mar. 2024)


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What is Atlantic Union 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.

Atlantic Union Bankshares's adjusted book value per share for the three months ended in Mar. 2024 was €31.106. 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 €31.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atlantic Union Bankshares's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Atlantic Union Bankshares was 10.60% per year. The lowest was 4.40% per year. And the median was 6.55% per year.

As of today (2024-05-28), Atlantic Union Bankshares's current stock price is €29.60. Atlantic Union Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31.27. Atlantic Union Bankshares's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantic Union Bankshares was 2.02. The lowest was 0.74. And the median was 1.37.


Atlantic Union Bankshares Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlantic Union 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.

Atlantic Union Bankshares Cyclically Adjusted Book per Share Chart

Atlantic Union 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 20.54 19.58 25.12 29.00 30.27

Atlantic Union 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 28.90 30.25 31.14 30.27 31.27

Competitive Comparison of Atlantic Union Bankshares's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Atlantic Union 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.


Atlantic Union Bankshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Atlantic Union 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, Atlantic Union 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)
=31.106/131.7762*131.7762
=31.106

Current CPI (Mar. 2024) = 131.7762.

Atlantic Union Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.674 100.560 20.540
201409 16.669 100.428 21.872
201412 17.547 99.070 23.340
201503 20.195 99.621 26.713
201506 19.516 100.684 25.543
201509 19.705 100.392 25.865
201512 20.403 99.792 26.942
201603 20.087 100.470 26.346
201606 20.183 101.688 26.155
201609 20.476 101.861 26.490
201612 21.761 101.863 28.151
201703 21.740 102.862 27.851
201706 20.992 103.349 26.766
201709 19.980 104.136 25.283
201712 20.212 104.011 25.607
201803 22.536 105.290 28.205
201806 24.209 106.317 30.006
201809 24.418 106.507 30.211
201812 25.641 105.998 31.877
201903 26.532 107.251 32.599
201906 27.086 108.070 33.028
201909 28.254 108.329 34.369
201912 28.272 108.420 34.362
202003 27.887 108.902 33.745
202006 29.536 108.767 35.784
202009 28.696 109.815 34.435
202012 28.277 109.897 33.907
202103 28.808 111.754 33.969
202106 29.262 114.631 33.639
202109 30.275 115.734 34.471
202112 31.696 117.630 35.508
202203 30.110 121.301 32.710
202206 30.288 125.017 31.926
202209 30.839 125.227 32.452
202212 29.978 125.222 31.547
202303 30.391 127.348 31.448
202306 29.836 128.729 30.542
202309 29.843 129.860 30.283
202312 31.244 129.419 31.813
202403 31.106 131.776 31.106

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


Atlantic Union Bankshares  (FRA:UIO) 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.

Atlantic Union Bankshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.60/31.27
=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 Atlantic Union Bankshares was 2.02. The lowest was 0.74. And the median was 1.37.


Be Aware

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


Atlantic Union Bankshares Cyclically Adjusted Book per Share Related Terms

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


Atlantic Union Bankshares (FRA:UIO) Business Description

Traded in Other Exchanges
Address
1051 East Cary Street, Suite 1200, Three James Center, Richmond, VA, USA, 23219
Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for a commercial, industrial, residential mortgage, and consumer purposes. The company has one reportable segment, which largely consists of the traditional full-service community banking business. Much of the company revenue streams from overdraft and service fees and comes from the United States.

Atlantic Union Bankshares (FRA:UIO) Headlines

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