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MVB Financial (MVB Financial) Cyclically Adjusted PB Ratio : 0.97 (As of May. 01, 2024)


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What is MVB Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-01), MVB Financial's current share price is $18.39. MVB Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $19.04. MVB Financial's Cyclically Adjusted PB Ratio for today is 0.97.

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

MVBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.52   Max: 3.13
Current: 0.94

During the past years, MVB Financial's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.91. And the median was 1.52.

MVBF's Cyclically Adjusted PB Ratio is ranked worse than
56.6% of 1182 companies
in the Banks industry
Industry Median: 0.92 vs MVBF: 0.94

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.

MVB Financial's adjusted book value per share data for the three months ended in Dec. 2023 was $22.682. 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 $19.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MVB Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MVB 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.

MVB Financial Cyclically Adjusted PB Ratio Chart

MVB Financial 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 1.96 1.65 2.63 1.25 1.18

MVB 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 1.14 1.14 1.19 1.18 -

Competitive Comparison of MVB Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, MVB 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.


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

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

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



MVB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.39/19.04
=0.97

* 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.

MVB Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MVB Financial's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=22.682/129.4194*129.4194
=22.682

Current CPI (Dec. 2023) = 129.4194.

MVB Financial Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.520 99.695 14.955
201406 11.650 100.560 14.993
201409 11.686 100.428 15.060
201412 11.606 99.070 15.161
201503 11.874 99.621 15.426
201506 12.065 100.684 15.508
201509 12.072 100.392 15.563
201512 12.144 99.792 15.749
201603 12.410 100.470 15.986
201606 13.267 101.688 16.885
201609 13.425 101.861 17.057
201612 12.871 101.863 16.353
201703 13.031 102.862 16.395
201706 13.310 103.349 16.668
201709 13.513 104.136 16.794
201712 13.630 104.011 16.960
201803 13.530 105.290 16.631
201806 13.932 106.317 16.959
201809 14.132 106.507 17.172
201812 14.555 105.998 17.771
201903 14.898 107.251 17.977
201906 16.464 108.070 19.717
201909 16.836 108.329 20.114
201912 17.130 108.420 20.448
202003 17.084 108.902 20.303
202006 18.479 108.767 21.988
202009 19.075 109.815 22.480
202012 20.141 109.897 23.719
202103 20.381 111.754 23.603
202106 21.115 114.631 23.839
202109 22.182 115.734 24.805
202112 22.696 117.630 24.971
202203 21.665 121.301 23.115
202206 20.631 125.017 21.358
202209 19.851 125.227 20.516
202212 20.691 125.222 21.385
202303 21.428 127.348 21.777
202306 21.568 128.729 21.684
202309 21.327 129.860 21.255
202312 22.682 129.419 22.682

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.


MVB Financial  (NAS:MVBF) 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.


MVB Financial Cyclically Adjusted PB Ratio Related Terms

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


MVB Financial (MVB Financial) Business Description

Traded in Other Exchanges
Address
301 Virginia Avenue, Fairmont, WV, USA, 26554
MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.
Executives
Michael Louis Giorgio officer: Chief Information Officer 240 E SHORE RD, APT 244, GREAT NECK NY 11023
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Jan Lynn Owen director 3050 BASTONE COURT, WEST SACRAMENTO CA 95691
Donald T Robinson officer: Executive VP & COO 2400 CRANBERRY SQUARE, 2ND FLOOR, MORGANTOWN WV 26508
Lindsay Anne Slader director 2709 WILLIAM ST., VANCOUVER A1 V5K 2Y7
J Christopher Pallotta director
Anna Jane Sainsbury director 2954 MARINE DR., WEST VANCOUVER A1 V7V 1M2
Kelly R Nelson director 301 VIRGINIA AVENUE, FAIRMONT WV 26554-2777
Cheryl Spielman director 5662 VINTAGE OAKS CIRCLE, DELRAY BEACH FL 33484
John Charles Marion officer: Chief Risk Officer 303 BELMONT COURT, MULLICA HILL NJ 08062
Craig Bradley Greathouse officer: Chief People & Culture Officer 3000 SWISS PINE WAY, SUITE 100, MORGANTOWN WV 26501
Cava James J Jr director 301 VIRGINIA AVE, FAIRMONT WV 26554
Dean Harry E Iii director 12120 SUNSET HILLS RD, SUITE 650, RESTON VA 26508
Daniel W Holt director 1115 TOWN CENTER DR., FORT COLLINS CO 80524
David Alan Jones officer: EVP/ Chief Credit & Risk Ofcr 301 VIRGINIA AVE, FAIRMONT WV 26554

MVB Financial (MVB Financial) Headlines