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Capitol Federal Financial (FRA:CFW) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 11, 2024)


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What is Capitol Federal Financial Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Capitol Federal Financial's current share price is €4.58. Capitol Federal Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.14. Capitol Federal Financial's Cyclically Adjusted PB Ratio for today is 0.45.

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

FRA:CFW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.28   Max: 1.8
Current: 0.45

During the past years, Capitol Federal Financial's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.38. And the median was 1.28.

FRA:CFW's Cyclically Adjusted PB Ratio is ranked better than
84.94% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs FRA:CFW: 0.45

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.

Capitol Federal Financial's adjusted book value per share data for the three months ended in Mar. 2024 was €7.106. 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 €10.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capitol Federal Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capitol Federal Financial'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.

Capitol Federal Financial Cyclically Adjusted PB Ratio Chart

Capitol Federal Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.82 1.01 0.71 0.42

Capitol Federal Financial 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 0.58 0.54 0.42 0.57 0.53

Competitive Comparison of Capitol Federal Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Capitol Federal Financial'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.


Capitol Federal Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Capitol Federal Financial's Cyclically Adjusted PB Ratio falls into.



Capitol Federal Financial 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.

Capitol Federal Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.58/10.14
=0.45

* 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.

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

For example, Capitol Federal Financial'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)
=7.106/131.7762*131.7762
=7.106

Current CPI (Mar. 2024) = 131.7762.

Capitol Federal Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.749 100.560 10.155
201409 8.219 100.428 10.785
201412 8.452 99.070 11.242
201503 9.700 99.621 12.831
201506 9.165 100.684 11.995
201509 9.203 100.392 12.080
201512 9.311 99.792 12.295
201603 9.188 100.470 12.051
201606 8.955 101.688 11.605
201609 9.027 101.861 11.678
201612 9.404 101.863 12.166
201703 9.353 102.862 11.982
201706 8.751 103.349 11.158
201709 8.305 104.136 10.509
201712 8.256 104.011 10.460
201803 8.006 105.290 10.020
201806 8.305 106.317 10.294
201809 8.445 106.507 10.449
201812 8.375 105.998 10.412
201903 8.494 107.251 10.436
201906 8.305 108.070 10.127
201909 8.579 108.329 10.436
201912 8.310 108.420 10.100
202003 8.236 108.902 9.966
202006 8.161 108.767 9.887
202009 7.850 109.815 9.420
202012 7.560 109.897 9.065
202103 7.737 111.754 9.123
202106 7.399 114.631 8.506
202109 7.606 115.734 8.660
202112 7.755 117.630 8.688
202203 7.682 121.301 8.345
202206 7.710 125.017 8.127
202209 7.975 125.227 8.392
202212 7.314 125.222 7.697
202303 7.355 127.348 7.611
202306 7.194 128.729 7.364
202309 7.197 129.860 7.303
202312 7.082 129.419 7.211
202403 7.106 131.776 7.106

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.


Capitol Federal Financial  (FRA:CFW) 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.


Capitol Federal Financial Cyclically Adjusted PB Ratio Related Terms

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


Capitol Federal Financial (FRA:CFW) Business Description

Traded in Other Exchanges
Address
700 South Kansas Avenue, Topeka, KS, USA, 66603
Capitol Federal Financial Inc is a bank holding company that operates through its wholly-owned subsidiary bank, Capitol Federal Savings Bank. The bank is a community-oriented financial institution that offers a variety of financial services through tens of locations. It primarily serves metropolitan areas within the state of Kansas. The bank performs traditional banking functions such as deposit-taking activities and investing that money in first-lien residential mortgages. It also participates in commercial real estate loans with other lenders, investing those funds in various securities. The vast majority of the bank's loan portfolio is in originated one- to four-family real estate loans. Its primary source of income is net interest income.

Capitol Federal Financial (FRA:CFW) Headlines

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