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Cascade Bancorp (Cascade Bancorp) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Cascade Bancorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascade Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cascade Bancorp's Cyclically Adjusted PB Ratio 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.

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Cascade Bancorp Cyclically Adjusted PB Ratio Chart

Cascade Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Cascade Bancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Cascade Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Cascade Bancorp'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.


Cascade Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Cascade Bancorp Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cascade Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Cascade Bancorp'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)
=4.964/102.8622*102.8622
=4.964

Current CPI (Mar. 2017) = 102.8622.

Cascade Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200706 97.221 87.906 113.762
200709 101.189 87.964 118.327
200712 98.196 88.616 113.982
200803 99.382 90.090 113.472
200806 98.318 92.320 109.545
200809 98.517 92.307 109.782
200812 48.148 88.697 55.837
200903 46.948 89.744 53.810
200906 37.239 91.003 42.092
200909 33.210 91.120 37.490
200912 8.276 91.111 9.343
201003 7.526 91.821 8.431
201006 4.239 91.962 4.741
201009 3.101 92.162 3.461
201012 3.524 92.474 3.920
201103 4.453 94.283 4.858
201106 4.501 95.235 4.862
201109 3.356 95.727 3.606
201112 2.813 95.213 3.039
201203 2.838 96.783 3.016
201206 2.889 96.819 3.069
201209 2.944 97.633 3.102
201212 2.975 96.871 3.159
201303 3.006 98.209 3.148
201306 3.951 98.518 4.125
201309 3.927 98.790 4.089
201312 3.965 98.326 4.148
201403 4.000 99.695 4.127
201406 4.249 100.560 4.346
201409 4.255 100.428 4.358
201412 4.352 99.070 4.519
201503 4.443 99.621 4.588
201506 4.466 100.684 4.563
201509 4.555 100.392 4.667
201512 4.626 99.792 4.768
201603 4.668 100.470 4.779
201606 4.713 101.688 4.767
201609 4.812 101.861 4.859
201612 4.847 101.863 4.895
201703 4.964 102.862 4.964

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


Cascade Bancorp  (NAS:CACB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cascade Bancorp Cyclically Adjusted PB Ratio Related Terms

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Cascade Bancorp (Cascade Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Cascade Bancorp was formed in 1990 and is a publicly traded bank holding company. The Bancorp conducts its business activities through its wholly-owned subsidiary, Bank of the Cascades. The Bank is an Oregon state chartered bank which operates more 28 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho area. It offers commercial and retail banking services to its customers. It lends to small to medium-sized businesses, municipalities and public organizations, professional and consumer relationships. It also provides commercial real estate loans, real estate construction and development loans, commercial and industrial loans as well as consumer installment, line-of-credit, credit card, and home equity loans. It originates residential mortgage loans that are sold on the secondary market. The Bank provides consumer deposit services with a suite of cash management services. It also provides trust-related services to its clients. The Bank competes principally with other commercial banks, savings and loan associations, credit unions, mortgage companies, brokers, and other non-bank financial services providers. It is subject to a number of state and federal legislative regulations which include, among others, the statutory maximum legal lending rates, domestic monetary policies of the Federal Reserve Board, the U.S. Department of Treasury fiscal policy, and capital adequacy and liquidity constraints imposed by federal and state regulatory agencies.
Executives
Leonard Green & Partners, L.p. 10 percent owner 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Daniel J Lee officer: EVP/CCO 5415 EVERGREEN WAY, EVERETT WA 98203
J Lamont Keen director 1221 W IDAHO ST, BOISE ID 83702
Annette G Elg director 1100 NW WALL STREET, BEND OR 97701
Green V Holdings, Llc 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors V, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side V, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Gei Capital V, Llc 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Michael Connolly director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Dennis L Johnson director 1221 W IDAHO ST, BOISE ID 83702
Patricia L Moss director 1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701
Lgp Management Inc 10 percent owner 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Terry E Zink director, officer: Pres/CEO 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Donald B Marron 10 percent owner 51 WEST 52ND ST, 23RD FL, NEW YORK NY 10019
Judi Johansen director 2786 GLENMORRIE DRIVE, LAKE OSWEGO OR 97034

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