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MainStreet Bancshares (FRA:5L0) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 06, 2024)


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What is MainStreet Bancshares Cyclically Adjusted PB Ratio?

As of today (2024-06-06), MainStreet Bancshares's current share price is €14.20. MainStreet Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.58. MainStreet Bancshares's Cyclically Adjusted PB Ratio for today is 0.86.

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

FRA:5L0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.7   Max: 2.33
Current: 0.86

During the past years, MainStreet Bancshares's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.84. And the median was 1.70.

FRA:5L0's Cyclically Adjusted PB Ratio is ranked better than
54.74% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs FRA:5L0: 0.86

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.

MainStreet Bancshares's adjusted book value per share data for the three months ended in Mar. 2024 was €23.665. 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 €16.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MainStreet Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MainStreet Bancshares'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.

MainStreet Bancshares Cyclically Adjusted PB Ratio Chart

MainStreet Bancshares 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 2.05 1.39 1.75 1.70 1.37

MainStreet Bancshares 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 1.40 1.31 1.15 1.37 0.97

Competitive Comparison of MainStreet Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, MainStreet Bancshares'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.


MainStreet Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



MainStreet Bancshares 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.

MainStreet Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/16.58
=0.86

* 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.

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

For example, MainStreet Bancshares'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)
=23.665/131.7762*131.7762
=23.665

Current CPI (Mar. 2024) = 131.7762.

MainStreet Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201312 6.540 98.326 8.765
201409 0.000 100.428 0.000
201412 7.289 99.070 9.695
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 8.256 100.392 10.837
201512 8.715 99.792 11.508
201603 8.732 100.470 11.453
201606 8.855 101.688 11.475
201609 8.988 101.861 11.628
201612 9.798 101.863 12.675
201703 9.915 102.862 12.702
201706 9.667 103.349 12.326
201709 7.310 104.136 9.250
201712 10.119 104.011 12.820
201803 9.849 105.290 12.327
201806 10.630 106.317 13.176
201809 12.524 106.507 15.495
201812 13.033 105.998 16.203
201903 13.408 107.251 16.474
201906 13.842 108.070 16.878
201909 14.644 108.329 17.814
201912 14.931 108.420 18.147
202003 15.371 108.902 18.600
202006 15.062 108.767 18.248
202009 14.947 109.815 17.936
202012 15.504 109.897 18.591
202103 16.135 111.754 19.026
202106 16.751 114.631 19.256
202109 17.547 115.734 19.979
202112 18.820 117.630 21.083
202203 19.175 121.301 20.831
202206 20.254 125.017 21.349
202209 22.135 125.227 23.293
202212 21.691 125.222 22.826
202303 22.061 127.348 22.828
202306 22.484 128.729 23.016
202309 23.221 129.860 23.564
202312 23.664 129.419 24.095
202403 23.665 131.776 23.665

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.


MainStreet Bancshares  (FRA:5L0) 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.


MainStreet Bancshares Cyclically Adjusted PB Ratio Related Terms

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


MainStreet Bancshares (FRA:5L0) Business Description

Traded in Other Exchanges
Address
10089 Fairfax Boulevard, Fairfax, VA, USA, 22030
MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.

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