GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glen Burnie Bancorp (NAS:GLBZ) » Definitions » Cyclically Adjusted PB Ratio

Glen Burnie Bancorp (Glen Burnie Bancorp) Cyclically Adjusted PB Ratio : 0.35 (As of May. 22, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Glen Burnie Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Glen Burnie Bancorp's current share price is $4.65. Glen Burnie Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.45. Glen Burnie Bancorp's Cyclically Adjusted PB Ratio for today is 0.35.

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

GLBZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.91   Max: 1.35
Current: 0.35

During the past years, Glen Burnie Bancorp's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.35. And the median was 0.91.

GLBZ's Cyclically Adjusted PB Ratio is ranked better than
89.93% of 1192 companies
in the Banks industry
Industry Median: 0.93 vs GLBZ: 0.35

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.

Glen Burnie Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $6.279. 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 $13.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glen Burnie Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glen Burnie Bancorp'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.

Glen Burnie Bancorp Cyclically Adjusted PB Ratio Chart

Glen Burnie Bancorp 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 0.90 0.84 1.01 0.60 0.45

Glen Burnie Bancorp 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 0.52 0.56 0.46 0.45 0.41

Competitive Comparison of Glen Burnie Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Glen Burnie Bancorp'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.


Glen Burnie Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Glen Burnie Bancorp's Cyclically Adjusted PB Ratio falls into.



Glen Burnie Bancorp 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.

Glen Burnie Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.65/13.45
=0.35

* 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.

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

For example, Glen Burnie Bancorp'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)
=6.279/131.7762*131.7762
=6.279

Current CPI (Mar. 2024) = 131.7762.

Glen Burnie Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.290 100.560 16.105
201409 12.331 100.428 16.180
201412 12.253 99.070 16.298
201503 12.349 99.621 16.335
201506 12.117 100.684 15.859
201509 12.242 100.392 16.069
201512 12.323 99.792 16.273
201603 12.486 100.470 16.377
201606 12.732 101.688 16.499
201609 12.562 101.861 16.251
201612 12.133 101.863 15.696
201703 12.161 102.862 15.579
201706 12.361 103.349 15.761
201709 12.381 104.136 15.667
201712 12.153 104.011 15.397
201803 11.834 105.290 14.811
201806 11.947 106.317 14.808
201809 11.862 106.507 14.676
201812 12.100 105.998 15.043
201903 12.228 107.251 15.024
201906 12.367 108.070 15.080
201909 12.522 108.329 15.232
201912 12.619 108.420 15.337
202003 12.669 108.902 15.330
202006 12.655 108.767 15.332
202009 12.861 109.815 15.433
202012 13.052 109.897 15.651
202103 11.766 111.754 13.874
202106 12.427 114.631 14.286
202109 12.264 115.734 13.964
202112 12.515 117.630 14.020
202203 9.551 121.301 10.376
202206 7.439 125.017 7.841
202209 5.011 125.227 5.273
202212 5.603 125.222 5.896
202303 6.357 127.348 6.578
202306 6.008 128.729 6.150
202309 4.574 129.860 4.642
202312 6.704 129.419 6.826
202403 6.279 131.776 6.279

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.


Glen Burnie Bancorp  (NAS:GLBZ) 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.


Glen Burnie Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Glen Burnie Bancorp (Glen Burnie Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
101 Crain Highway, S.E., Glen Burnie, MD, USA, 21061
Glen Burnie Bancorp is a bank holding company for The Bank of Glen Burnie. It offers retail and commercial banking services such as checking, savings, loans, mobile banking, online banking, wire transfer, ACH services, debit card, automated teller machines, and safe deposit boxes among others. The bank generates its revenue in the form of interest income. All of the revenues are earned within the United States.
Executives
Mary L Wilcox director 711 MAYO RD, GLEN BURNIE MD 21061
Julie M Mussog director 1105 MIAMI AVENUE, ANNAPOLIS MD 21403
Stanford Hess director 43 RIVER OAKS CIRCLE, BALTIMORE MD 21208
Joan Rumenap director 115 1ST AVENUE, SW, GLEN BURNIE MD 21061
Harrison Norman E Jr director 1 BARNABY COURT, TIMONIUM MD 21093
John D. Long director, officer: Executive Vice President 101 CRANE HIGHWAY, S.E., GLEN BURNIE MD 21061
Edward L Maddox director 323 ARBOR OAKS CT., MILLERSVILLE MD 21108
John Melvin Wright officer: CFO 1301 MERRITT BOULEVARD, DUNDALK MD 21222
Kuethe F William Jr director, officer: President 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
John E Demyan director 101 CRAIN HWY SE, GLEN BURNIE MD 21061
Andrew Cooch director 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
Karen B Thowarth director 201 THIRD AVE SW, GLEN BURNIE MD 21061
Edward B Connelly officer: COO 207 SANFORD AVENUE, CATONSVILLE MD 21228
Scherer William N Sr director 24 CRAIN HIGHWAY SW, GLEN BURNIE MD 21061
Joyce Ann Ohmer officer: Senior Vice President 300 COUNCIL OAK DRIVE, SEVERN MD 21144

Glen Burnie Bancorp (Glen Burnie Bancorp) Headlines

From GuruFocus

Glen Burnie Bancorp Declares 2Q 2022 Dividend

By PurpleRose PurpleRose 07-15-2022

Glen Burnie Bancorp Declares 4Q 2019 Dividend

By Marketwired Marketwired 01-10-2020

Glen Burnie Bancorp Declares 3Q 2021 Dividend

By Marketwired Marketwired 10-15-2021

Glen Burnie Bancorp Declares 3Q 2018 Dividend

By Marketwired Marketwired 10-12-2018

Glen Burnie Bancorp Announces New Board Members

By Marketwired Marketwired 08-16-2018

Glen Burnie Bancorp Declares 3Q 2022 Dividend

By Value_Insider Value_Insider 10-14-2022

Glen Burnie Bancorp Declares 1Q 2022 Dividend

By GuruFocusNews GuruFocusNews 04-15-2022

Glen Burnie Bancorp Declares 2Q 2023 Dividend

By Marketwired 07-14-2023

Glen Burnie Bancorp Declares 4Q 2020 Dividend

By Marketwired Marketwired 01-15-2021

Glen Burnie Bancorp Declares 4Q 2018 Dividend

By Marketwired Marketwired 01-11-2019