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Cashmere Valley Bank (Cashmere Valley Bank) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 06, 2024)


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What is Cashmere Valley Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Cashmere Valley Bank's current share price is $49.39. Cashmere Valley Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $55.14. Cashmere Valley Bank's Cyclically Adjusted PB Ratio for today is 0.90.

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

CSHX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 0.96   Max: 1.49
Current: 0.9

During the past 12 years, Cashmere Valley Bank's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.83. And the median was 0.96.

CSHX's Cyclically Adjusted PB Ratio is ranked better than
51.47% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs CSHX: 0.90

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.

Cashmere Valley Bank's adjusted book value per share data of for the fiscal year that ended in Dec23 was $52.106. 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 $55.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cashmere Valley Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cashmere Valley Bank'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.

Cashmere Valley Bank Cyclically Adjusted PB Ratio Chart

Cashmere Valley Bank 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 - - 1.46 0.86 0.92

Cashmere Valley Bank 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 - - - 0.92 -

Competitive Comparison of Cashmere Valley Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Cashmere Valley Bank'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.


Cashmere Valley Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Cashmere Valley Bank 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.

Cashmere Valley Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.39/55.14
=0.90

* 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.

Cashmere Valley Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cashmere Valley Bank's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=52.106/129.4194*129.4194
=52.106

Current CPI (Dec23) = 129.4194.

Cashmere Valley Bank Annual Data

Book Value per Share CPI Adj_Book
201412 35.022 99.070 45.751
201512 38.082 99.792 49.388
201612 40.498 101.863 51.454
201712 43.898 104.011 54.622
201812 45.535 105.998 55.597
201912 51.781 108.420 61.810
202012 60.088 109.897 70.762
202112 61.610 117.630 67.785
202212 40.772 125.222 42.139
202312 52.106 129.419 52.106

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.


Cashmere Valley Bank  (OTCPK:CSHX) 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.


Cashmere Valley Bank Cyclically Adjusted PB Ratio Related Terms

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


Cashmere Valley Bank (Cashmere Valley Bank) Business Description

Traded in Other Exchanges
N/A
Address
117 Aplets Way, PO Box G, Cashmere, WA, USA, 98815
Cashmere Valley Bank is a state-chartered bank engaged in providing banking products and services. It mainly serves small and middle-market businesses and middle-income individuals in Washington. The company's lending and other banking activities are carried out in and around Chelan, Douglas, Kittitas, and Yakima counties and to a lesser degree, other areas of Western Washington. It offers checking, savings and business, investment and retirement savings, health savings, certificate of deposit, college savings accounts, loans, mortgages, electronic banking, contract servicing, investment and insurance services, and credit cards.

Cashmere Valley Bank (Cashmere Valley Bank) Headlines

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