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Cambridge Bancorp (Cambridge Bancorp) Cyclically Adjusted PB Ratio : 1.17 (As of May. 27, 2024)


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What is Cambridge Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Cambridge Bancorp's current share price is $65.70. Cambridge Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $56.27. Cambridge Bancorp's Cyclically Adjusted PB Ratio for today is 1.17.

The historical rank and industry rank for Cambridge Bancorp's Cyclically Adjusted PB Ratio or its related term are showing as below:

CATC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.07   Max: 3.37
Current: 1.17

During the past years, Cambridge Bancorp's highest Cyclically Adjusted PB Ratio was 3.37. The lowest was 0.96. And the median was 2.07.

CATC's Cyclically Adjusted PB Ratio is ranked worse than
67.56% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs CATC: 1.17

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.

Cambridge Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $68.267. 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 $56.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cambridge Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cambridge 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.

* Premium members only.

Cambridge Bancorp Cyclically Adjusted PB Ratio Chart

Cambridge Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 1.85 2.11 1.68 1.27

Cambridge Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.27 1.03 1.16 1.27 1.21

Competitive Comparison of Cambridge Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Cambridge 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.


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

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

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



Cambridge 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.

Cambridge Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.70/56.27
=1.17

* 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.

Cambridge Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cambridge Bancorp'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)
=68.267/131.7762*131.7762
=68.267

Current CPI (Mar. 2024) = 131.7762.

Cambridge Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.761 100.560 39.000
201409 30.068 100.428 39.454
201412 29.503 99.070 39.243
201503 30.200 99.621 39.948
201506 30.656 100.684 40.123
201509 31.332 100.392 41.127
201512 31.264 99.792 41.284
201603 0.000 100.470 0.000
201606 33.511 101.688 43.426
201609 33.746 101.861 43.657
201612 33.360 101.863 43.157
201703 34.004 102.862 43.562
201706 0.000 103.349 0.000
201709 35.778 104.136 45.275
201712 36.245 104.011 45.920
201803 36.792 105.290 46.047
201806 37.934 106.317 47.018
201809 39.159 106.507 48.450
201812 40.668 105.998 50.558
201903 41.776 107.251 51.329
201906 48.883 108.070 59.606
201909 50.174 108.329 61.034
201912 53.058 108.420 64.488
202003 54.958 108.902 66.502
202006 55.294 108.767 66.991
202009 56.734 109.815 68.080
202012 57.997 109.897 69.544
202103 58.572 111.754 69.066
202106 60.225 114.631 69.233
202109 61.382 115.734 69.890
202112 62.834 117.630 70.391
202203 62.300 121.301 67.680
202206 63.087 125.017 66.498
202209 63.691 125.227 67.022
202212 66.383 125.222 69.858
202303 67.137 127.348 69.472
202306 67.170 128.729 68.760
202309 67.044 129.860 68.034
202312 68.138 129.419 69.379
202403 68.267 131.776 68.267

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.


Cambridge Bancorp  (NAS:CATC) 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.


Cambridge Bancorp Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cambridge Bancorp's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cambridge Bancorp (Cambridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1336 Massachusetts Avenue, Cambridge, MA, USA, 02138
Cambridge Bancorp is a United States-based bank holding company. Its core services include Wealth Management, Commercial Banking, Residential Lending, and Personal Banking. It provides banking services such as deposit accounts, online and mobile banking, business banking, wealth planning and other services. The company's loan portfolio comprises Residential & commercial mortgages, Home equity, Commercial & Industrial and Consumer.
Executives
Joseph P. Sapienza officer: SVP, Interim CFO 26 MANTER MILL ROAD, LONDONDERRY NH 03053
Simon R Gerlin director C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061-9149
Jeffrey F. Smith officer: EVP/Head of Wealth Mgmt 83 WESTON FARM PATH, MARSHFIELD MA 02050
Stone Robert Gregg Iii director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Denis K Sheahan director, officer: Chairman & CEO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Hambleton Douglas Lord director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Michael Carotenuto officer: Senior VP & CFO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Martin B Millane officer: Exec VP & Chief Lending Off 78 BLANCHARD ROAD, BURLINGTON MA 01803
Peter J. Halberstadt officer: SVP, Chief Credit Officer 11 VIRGINIA ROAD, NEWTON MA 02466
Steven J. Mead officer: SVP, Head of Commercial Serv. 64 SPRINGS ROAD, BEDFORD MA 01730
Jane C. Walsh director 47 MYSTIC VALLEY PARKWAY, WINCHESTER MA 01890
Andargachew S Zelleke director C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138
Kerri Mooney officer: SVP Dir. of Banking Offices 78 BLANCHARD ROAD, BURLINGTON MA 01803
Danielle Remis Hackel officer: Chief Marketing Officer C/O CAMBRIDGE BANCORP, 78 BLANCHARD RD, BURLINGTON MA 01803
Cathleen Agnes Schmidt director 78 BLANCHARD ROAD, BURLINGTON MA 01803