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Kish Bancorp (Kish Bancorp) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 10, 2024)


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What is Kish Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kish Bancorp's current share price is $30.50. Kish Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.38. Kish Bancorp's Cyclically Adjusted PB Ratio for today is 1.11.

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

KISB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.31   Max: 1.68
Current: 1.11

During the past years, Kish Bancorp's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 1.03. And the median was 1.31.

KISB's Cyclically Adjusted PB Ratio is ranked worse than
65.91% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs KISB: 1.11

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.

Kish Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $32.941. 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 $27.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kish Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kish 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.

Kish Bancorp Cyclically Adjusted PB Ratio Chart

Kish Bancorp Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.66 1.30 1.20

Kish 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 1.34 1.23 1.14 1.20 1.11

Competitive Comparison of Kish Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kish 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.


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

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

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



Kish 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.50/27.38
=1.11

* 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.

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

For example, Kish 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)
=32.941/131.7762*131.7762
=32.941

Current CPI (Mar. 2024) = 131.7762.

Kish Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200506 13.560 82.062 21.775
200509 13.511 83.876 21.227
200512 11.614 83.032 18.432
200603 13.522 84.298 21.138
200606 13.583 85.606 20.909
200609 13.914 85.606 21.418
200612 14.264 85.142 22.077
200703 12.066 86.640 18.352
200706 11.641 87.906 17.451
200709 12.075 87.964 18.089
201612 21.866 101.863 28.287
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 22.635 104.011 28.677
201803 22.216 105.290 27.805
201806 22.449 106.317 27.825
201809 22.493 106.507 27.830
201812 23.212 105.998 28.857
201903 23.805 107.251 29.249
201906 24.048 108.070 29.323
201909 24.275 108.329 29.529
201912 24.911 108.420 30.277
202003 24.636 108.902 29.811
202006 25.267 108.767 30.612
202009 25.881 109.815 31.057
202012 26.877 109.897 32.228
202103 27.304 111.754 32.196
202106 28.228 114.631 32.450
202109 28.771 115.734 32.759
202112 29.308 117.630 32.833
202203 27.669 121.301 30.058
202206 26.516 125.017 27.950
202209 25.843 125.227 27.195
202212 27.267 125.222 28.694
202303 29.330 127.348 30.350
202306 29.785 128.729 30.490
202309 29.853 129.860 30.294
202312 32.198 129.419 32.784
202403 32.941 131.776 32.941

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.


Kish Bancorp  (OTCPK:KISB) 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.


Kish Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Kish Bancorp (Kish Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4255 East Main Street (Route 655), P.O. Box 917, Belleville, PA, USA, 17004
Kish Bancorp Inc operates as a bank. It offers various services such as checking, savings, loans, online banking, and others. The bank generates its revenue in the form of interest income. The Company provides commercial and industrial, agricultural, commercial mortgage, residential real estate, and consumer loans and deposit services for its customers.

Kish Bancorp (Kish Bancorp) Headlines

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