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Potomac Bancshares (Potomac Bancshares) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Potomac Bancshares Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Potomac Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Potomac Bancshares'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.

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Potomac Bancshares Cyclically Adjusted PB Ratio Chart

Potomac Bancshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
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Potomac Bancshares Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18
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Competitive Comparison of Potomac Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Potomac Bancshares'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.


Potomac Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Potomac Bancshares 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.

Potomac Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Potomac Bancshares's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=11.777/106.5067*106.5067
=11.777

Current CPI (Sep. 2018) = 106.5067.

Potomac Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
200603 7.417 84.298 9.371
200606 7.658 85.606 9.528
200609 7.857 85.606 9.775
200612 7.746 85.142 9.690
200703 7.995 86.640 9.828
200706 8.227 87.906 9.968
200709 8.380 87.964 10.146
200712 8.509 88.616 10.227
200803 8.741 90.090 10.334
200806 8.821 92.320 10.176
200809 8.802 92.307 10.156
200812 8.201 88.697 9.848
200903 7.938 89.744 9.421
200906 7.621 91.003 8.919
200909 7.173 91.120 8.384
200912 7.543 91.111 8.818
201003 7.067 91.821 8.197
201006 7.225 91.962 8.368
201009 7.959 92.162 9.198
201012 7.898 92.474 9.097
201103 8.000 94.283 9.037
201106 8.121 95.235 9.082
201109 7.588 95.727 8.442
201112 7.511 95.213 8.402
201203 7.629 96.783 8.395
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201503 8.736 99.621 9.340
201506 9.209 100.684 9.742
201509 9.278 100.392 9.843
201603 9.630 100.470 10.209
201606 9.768 101.688 10.231
201609 9.833 101.861 10.281
201703 10.265 102.862 10.629
201706 10.488 103.349 10.808
201709 10.688 104.136 10.931
201803 10.930 105.290 11.056
201806 11.148 106.317 11.168
201809 11.777 106.507 11.777

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.


Potomac Bancshares  (OTCPK:PTBS) 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.


Potomac Bancshares Cyclically Adjusted PB Ratio Related Terms

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


Potomac Bancshares (Potomac Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906
Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.