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Farmers Capital Bank (Farmers Capital Bank) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Farmers Capital Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmers Capital Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Farmers Capital 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.

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Farmers Capital Bank Cyclically Adjusted PB Ratio Chart

Farmers Capital Bank Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Farmers Capital Bank Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Farmers Capital Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Farmers Capital 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.


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

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

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



Farmers Capital 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.

Farmers Capital Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Farmers Capital Bank's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book=Book Value per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=26.312/106.3168*106.3168
=26.312

Current CPI (Jun. 2018) = 106.3168.

Farmers Capital Bank Quarterly Data

Book Value per Share CPI Adj_Book
200809 21.840 92.307 25.155
200812 22.884 88.697 27.430
200903 23.096 89.744 27.361
200906 22.601 91.003 26.404
200909 23.128 91.120 26.985
200912 16.111 91.111 18.800
201003 16.351 91.821 18.932
201006 16.850 91.962 19.480
201009 16.523 92.162 19.061
201012 16.349 92.474 18.796
201103 16.343 94.283 18.429
201106 16.723 95.235 18.669
201109 17.123 95.727 19.017
201112 17.182 95.213 19.186
201203 17.510 96.783 19.235
201206 18.017 96.819 19.784
201209 18.652 97.633 20.311
201212 18.539 96.871 20.347
201303 18.861 98.209 20.418
201306 17.900 98.518 19.317
201309 18.474 98.790 19.882
201312 18.729 98.326 20.251
201403 19.605 99.695 20.907
201406 20.840 100.560 22.033
201409 21.129 100.428 22.368
201412 21.755 99.070 23.346
201503 22.348 99.621 23.850
201506 22.387 100.684 23.639
201509 23.154 100.392 24.521
201512 23.427 99.792 24.959
201603 24.534 100.470 25.962
201606 25.162 101.688 26.307
201609 25.140 101.861 26.240
201612 24.511 101.863 25.583
201703 24.993 102.862 25.832
201706 25.672 103.349 26.409
201709 26.299 104.136 26.850
201712 25.721 104.011 26.291
201803 25.804 105.290 26.056
201806 26.312 106.317 26.312

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.


Farmers Capital Bank  (NAS:FFKT) 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.


Farmers Capital Bank Cyclically Adjusted PB Ratio Related Terms

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Farmers Capital Bank (Farmers Capital Bank) Business Description

Traded in Other Exchanges
N/A
Address
Farmers Capital Bank Corp is a bank holding company. The company and its subsidiaries provide banking and bank-related services. It is also involved in data processing. The company's products and services are deposit products and lending products and also cash management services, issuing letters of credit, safe deposit box rental, and fund transfer services. The company provides its products and services at its locations in northern and central Kentucky to an individual, business, agriculture, government and educational customers.
Executives
Michael J. Crawford director P.O. BOX 309, FRANKFORT KY 40602-0309
John R Farris director P.O. BOX 309, FRANKFORT KY 40602-0309