GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Capital City Bank Group Inc (NAS:CCBG) » Definitions » Cyclically Adjusted PB Ratio

Capital City Bank Group (Capital City Bank Group) Cyclically Adjusted PB Ratio : 1.20 (As of May. 24, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Capital City Bank Group Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Capital City Bank Group's current share price is $27.03. Capital City Bank Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $22.48. Capital City Bank Group's Cyclically Adjusted PB Ratio for today is 1.20.

The historical rank and industry rank for Capital City Bank Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

CCBG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 1.75
Current: 1.23

During the past years, Capital City Bank Group's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.61. And the median was 1.26.

CCBG's Cyclically Adjusted PB Ratio is ranked worse than
69.63% of 1192 companies
in the Banks industry
Industry Median: 0.93 vs CCBG: 1.23

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.

Capital City Bank Group's adjusted book value per share data for the three months ended in Dec. 2023 was $26.432. 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 $22.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital City Bank Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capital City Bank Group'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.

Capital City Bank Group Cyclically Adjusted PB Ratio Chart

Capital City Bank Group 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 1.75 1.38 1.35 1.54 1.31

Capital City Bank Group 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 1.35 1.39 1.33 1.31 -

Competitive Comparison of Capital City Bank Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Capital City Bank Group'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.


Capital City Bank Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Capital City Bank Group's Cyclically Adjusted PB Ratio falls into.



Capital City Bank Group 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.

Capital City Bank Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.03/22.48
=1.20

* 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.

Capital City Bank Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Capital City Bank Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=26.432/129.4194*129.4194
=26.432

Current CPI (Dec. 2023) = 129.4194.

Capital City Bank Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.061 99.695 20.850
201406 16.137 100.560 20.768
201409 16.248 100.428 20.938
201412 15.621 99.070 20.406
201503 15.633 99.621 20.309
201506 15.858 100.684 20.384
201509 15.962 100.392 20.577
201512 15.991 99.792 20.739
201603 16.075 100.470 20.707
201606 16.355 101.688 20.815
201609 16.459 101.861 20.912
201612 16.336 101.863 20.755
201703 16.401 102.862 20.635
201706 16.595 103.349 20.781
201709 16.810 104.136 20.891
201712 16.729 104.011 20.816
201803 16.918 105.290 20.795
201806 17.212 106.317 20.952
201809 17.470 106.507 21.228
201812 18.067 105.998 22.059
201903 18.378 107.251 22.177
201906 18.786 108.070 22.497
201909 19.199 108.329 22.937
201912 19.498 108.420 23.274
202003 19.962 108.902 23.723
202006 20.643 108.767 24.563
202009 21.276 109.815 25.074
202012 20.418 109.897 24.045
202103 20.881 111.754 24.182
202106 21.168 114.631 23.899
202109 21.515 115.734 24.059
202112 23.379 117.630 25.722
202203 22.579 121.301 24.090
202206 22.510 125.017 23.303
202209 22.575 125.227 23.331
202212 23.314 125.222 24.096
202303 24.672 127.348 25.073
202306 25.279 128.729 25.415
202309 25.198 129.860 25.113
202312 26.432 129.419 26.432

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.


Capital City Bank Group  (NAS:CCBG) 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.


Capital City Bank Group Cyclically Adjusted PB Ratio Related Terms

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


Capital City Bank Group (Capital City Bank Group) Business Description

Traded in Other Exchanges
Address
217 North Monroe Street, Tallahassee, FL, USA, 32301
Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.
Executives
Criser Marshall M Iii director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Laura L Johnson director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Bonnie Davenport director 217 MONROE STREET, TALLAHASSEE FL 32301
Jep Larkin officer: EVP & CFO 217 N MONROE STREET, TALLAHASSEE FL 32301
Thomas A Barron director, officer: Treasurer PO BOX 900, TALLAHASSEE FL 32302
William F Butler director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Kimberly Crowell director 217 N MONROE STREET, TALLAHASSEE FL 32301
Ashbel C Williams director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Allan G Bense director 1405 W BEACH DRIVE, PANAMA CITY FL 32401
William E Grant director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Stan W Connally director 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Sample John G Jr director
Robert Antoine director 8234 ASHWORTH COURT, JACKSONVILLE FL 32256
E Drew Mitchell 10 percent owner 1110 CONSERVANCY DRIVE, TALLAHASSEE FL 32312
Douglas Williams Smith 10 percent owner 3042 HAWKS GLEN, TALLAHASSEE FL 32312