GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PrivateBancorp Inc (NAS:PVTB) » Definitions » Cyclically Adjusted Book per Share

PrivateBancorp (PrivateBancorp) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2017)


View and export this data going back to 1999. Start your Free Trial

What is PrivateBancorp 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.

PrivateBancorp's adjusted book value per share for the three months ended in Mar. 2017 was $24.930. 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 $0.00 for the trailing ten years ended in Mar. 2017.

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.

As of today (2024-05-07), PrivateBancorp's current stock price is $60.97. PrivateBancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 was $0.00. PrivateBancorp's Cyclically Adjusted PB Ratio of today is .


PrivateBancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for PrivateBancorp'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.

PrivateBancorp Cyclically Adjusted Book per Share Chart

PrivateBancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

PrivateBancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - - - -

Competitive Comparison of PrivateBancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, PrivateBancorp'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.


PrivateBancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



PrivateBancorp 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, PrivateBancorp's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book= Book Value per Share /CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=24.93/102.8622*102.8622
=24.930

Current CPI (Mar. 2017) = 102.8622.

PrivateBancorp Quarterly Data

Book Value per Share CPI Adj_Book
200706 13.831 87.906 16.184
200709 14.354 87.964 16.785
200712 16.167 88.616 18.766
200803 15.764 90.090 17.999
200806 17.454 92.320 19.447
200809 17.105 92.307 19.061
200812 16.300 88.697 18.903
200903 17.009 89.744 19.495
200906 17.738 91.003 20.050
200909 17.471 91.120 19.722
200912 13.992 91.111 15.797
201003 13.770 91.821 15.426
201006 13.973 91.962 15.629
201009 14.097 92.162 15.734
201012 13.865 92.474 15.423
201103 14.711 94.283 16.050
201106 14.216 95.235 15.355
201109 14.573 95.727 15.659
201112 14.724 95.213 15.907
201203 14.795 96.783 15.724
201206 15.091 96.819 16.033
201209 15.488 97.633 16.318
201212 15.654 96.871 16.622
201303 15.867 98.209 16.619
201306 15.884 98.518 16.584
201309 16.397 98.790 17.073
201312 16.754 98.326 17.527
201403 17.210 99.695 17.757
201406 17.905 100.560 18.315
201409 18.373 100.428 18.818
201412 18.953 99.070 19.679
201503 19.612 99.621 20.250
201506 20.133 100.684 20.569
201509 20.897 100.392 21.411
201512 21.479 99.792 22.140
201603 22.289 100.470 22.820
201606 23.044 101.688 23.310
201609 23.636 101.861 23.868
201612 24.041 101.863 24.277
201703 24.930 102.862 24.930

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


PrivateBancorp  (NAS:PVTB) 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.


Be Aware

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


PrivateBancorp Cyclically Adjusted Book per Share Related Terms

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


PrivateBancorp (PrivateBancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
PrivateBancorp provides financial services to wealthy individuals and their families. It operates seven offices in the Chicago area, and one in St. Louis, Missouri. Services include checking, savings, and money market accounts, as well as residential and commercial loans. PrivateBancorp also provides estate planning and trust administration, brokerage accounts, and retirement planning. The company offers investment counsel through its Lodestar subsidiary, in which it has an 80% stake.
Executives
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
William R Rybak director 2020 CALAMOS COURT, NAPERVILE IL 60563
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Cheryl Mayberry Mckissack director 3680 VICTORIA ST. N., C/O DELUXE CORP, SHOREVIEW MN 55126
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
James Bruce Nicholson director 500 KIRTS BLVD, TROY MI 48084
Kevin M Killips officer: Chief Financial Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Diane Aigotti director C/O PRIVATEBANCORP,INC., 120 SOUTH LASALLE STREET - LEGAL DEPT., CHICAGO IL 60603
Alejandro Silva director 4118 SOUTH HALSTED STREET, CHICAGO IL 60609
James M Guyette director 111 TOLLGATE WAY, FALLS CHURCH VA 22046
Gtcr Golder Rauner Ii Llc director
Roche Collin E director 303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Gary S Collins officer: Pres. The PrivateClients Group 913 SOUTH BOULEVARD, OAK PARK IL 60302
John B Williams officer: Chief Operating Officer C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Dennis L Klaeser officer: Chief Financial Officer 235 EAST MAIN STREET, MIDLAND MI 48640