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OptimumBank Holdings (OptimumBank Holdings) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 05, 2024)


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What is OptimumBank Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-05), OptimumBank Holdings's current share price is $4.50. OptimumBank Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.44. OptimumBank Holdings's Cyclically Adjusted PB Ratio for today is 0.83.

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

OPHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 25.55
Current: 0.82

During the past years, OptimumBank Holdings's highest Cyclically Adjusted PB Ratio was 25.55. The lowest was 0.01. And the median was 0.03.

OPHC's Cyclically Adjusted PB Ratio is ranked better than
58.47% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs OPHC: 0.82

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.

OptimumBank Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $8.619. 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 $5.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OptimumBank Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OptimumBank Holdings'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.

OptimumBank Holdings Cyclically Adjusted PB Ratio Chart

OptimumBank Holdings 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 0.08 1.39 0.83 0.92 0.81

OptimumBank Holdings 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 0.73 0.61 0.65 0.81 0.79

Competitive Comparison of OptimumBank Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, OptimumBank Holdings'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.


OptimumBank Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



OptimumBank Holdings 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.

OptimumBank Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.50/5.44
=0.83

* 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.

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

For example, OptimumBank Holdings'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)
=8.619/131.7762*131.7762
=8.619

Current CPI (Mar. 2024) = 131.7762.

OptimumBank Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.403 100.560 3.149
201409 3.307 100.428 4.339
201412 3.201 99.070 4.258
201503 3.180 99.621 4.206
201506 3.097 100.684 4.053
201509 3.314 100.392 4.350
201512 3.081 99.792 4.068
201603 3.025 100.470 3.968
201606 3.200 101.688 4.147
201609 3.016 101.861 3.902
201612 2.792 101.863 3.612
201703 2.550 102.862 3.267
201706 2.422 103.349 3.088
201709 2.383 104.136 3.016
201712 2.270 104.011 2.876
201803 2.233 105.290 2.795
201806 3.365 106.317 4.171
201809 3.195 106.507 3.953
201812 2.856 105.998 3.551
201903 2.784 107.251 3.421
201906 2.617 108.070 3.191
201909 2.484 108.329 3.022
201912 2.526 108.420 3.070
202003 2.538 108.902 3.071
202006 3.279 108.767 3.973
202009 4.637 109.815 5.564
202012 5.567 109.897 6.675
202103 6.633 111.754 7.821
202106 7.760 114.631 8.921
202109 7.332 115.734 8.348
202112 8.064 117.630 9.034
202203 8.216 121.301 8.926
202206 7.969 125.017 8.400
202209 7.565 125.227 7.961
202212 8.865 125.222 9.329
202303 8.952 127.348 9.263
202306 9.093 128.729 9.308
202309 9.138 129.860 9.273
202312 9.656 129.419 9.832
202403 8.619 131.776 8.619

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.


OptimumBank Holdings  (NAS:OPHC) 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.


OptimumBank Holdings Cyclically Adjusted PB Ratio Related Terms

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


OptimumBank Holdings (OptimumBank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2929 East Commercial Boulevard, Suite 303, Fort Lauderdale, FL, USA, 33308
OptimumBank Holdings Inc serves as a bank holding company for OptimumBank. The Bank provides a range of community banking services to individuals and corporate customers. Its services include demand interest-bearing and non-interest-bearing accounts, negotiable order of withdrawal account, money market deposit accounts, debit cards, and automated teller machines.
Executives
Moishe Gubin director 2929 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Chan Heng Fai Ambrose director 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Jeffry T Wagner director 7667 N. WICKHAM RD, SUITE 516, MELBOURNE FL 32940
Norman Joseph Ginsparg director 3800 N 39 AVE, HOLLYWOOD FL 33021
Joel J. Klein director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Seth Gillman director 2477 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Sam Borek director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Thomas A Procelli officer: EXECUTIVE VICE PRESIDENT OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Wendy Mitchler director OPTIMUMBANK, 2477 EAST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Howard Zusman officer: Sr. VP-CLO, OptimumBank 2477 EAST COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Robert Acri director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
David Krinsky director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Albert J Finch director, officer: Chairman of the Board, CEO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Richard L Browdy director, officer: President, CFO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Irving P Cohen director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324

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