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PrivateBancorp (PrivateBancorp) Cyclically Adjusted PB Ratio : (As of May. 07, 2024)


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What is PrivateBancorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PrivateBancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PrivateBancorp'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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PrivateBancorp Cyclically Adjusted PB Ratio Chart

PrivateBancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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PrivateBancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of PrivateBancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PrivateBancorp'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.


PrivateBancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



PrivateBancorp 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.

PrivateBancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, PrivateBancorp's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=24.93/102.8622*102.8622
=24.930

Current CPI (Mar. 2017) = 102.8622.

PrivateBancorp Quarterly Data

Book Value per Share CPI Adj_Book
200706 13.831 87.906 16.184
200709 14.354 87.964 16.785
200712 16.167 88.616 18.766
200803 15.764 90.090 17.999
200806 17.454 92.320 19.447
200809 17.105 92.307 19.061
200812 16.300 88.697 18.903
200903 17.009 89.744 19.495
200906 17.738 91.003 20.050
200909 17.471 91.120 19.722
200912 13.992 91.111 15.797
201003 13.770 91.821 15.426
201006 13.973 91.962 15.629
201009 14.097 92.162 15.734
201012 13.865 92.474 15.423
201103 14.711 94.283 16.050
201106 14.216 95.235 15.355
201109 14.573 95.727 15.659
201112 14.724 95.213 15.907
201203 14.795 96.783 15.724
201206 15.091 96.819 16.033
201209 15.488 97.633 16.318
201212 15.654 96.871 16.622
201303 15.867 98.209 16.619
201306 15.884 98.518 16.584
201309 16.397 98.790 17.073
201312 16.754 98.326 17.527
201403 17.210 99.695 17.757
201406 17.905 100.560 18.315
201409 18.373 100.428 18.818
201412 18.953 99.070 19.679
201503 19.612 99.621 20.250
201506 20.133 100.684 20.569
201509 20.897 100.392 21.411
201512 21.479 99.792 22.140
201603 22.289 100.470 22.820
201606 23.044 101.688 23.310
201609 23.636 101.861 23.868
201612 24.041 101.863 24.277
201703 24.930 102.862 24.930

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.


PrivateBancorp  (NAS:PVTB) 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.


PrivateBancorp Cyclically Adjusted PB Ratio Related Terms

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PrivateBancorp (PrivateBancorp) Business Description

Traded in Other Exchanges
N/A
Address
PrivateBancorp provides financial services to wealthy individuals and their families. It operates seven offices in the Chicago area, and one in St. Louis, Missouri. Services include checking, savings, and money market accounts, as well as residential and commercial loans. PrivateBancorp also provides estate planning and trust administration, brokerage accounts, and retirement planning. The company offers investment counsel through its Lodestar subsidiary, in which it has an 80% stake.
Executives
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
William R Rybak director 2020 CALAMOS COURT, NAPERVILE IL 60563
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Cheryl Mayberry Mckissack director 3680 VICTORIA ST. N., C/O DELUXE CORP, SHOREVIEW MN 55126
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
James Bruce Nicholson director 500 KIRTS BLVD, TROY MI 48084
Kevin M Killips officer: Chief Financial Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Diane Aigotti director C/O PRIVATEBANCORP,INC., 120 SOUTH LASALLE STREET - LEGAL DEPT., CHICAGO IL 60603
Alejandro Silva director 4118 SOUTH HALSTED STREET, CHICAGO IL 60609
James M Guyette director 111 TOLLGATE WAY, FALLS CHURCH VA 22046
Gtcr Golder Rauner Ii Llc director
Roche Collin E director 303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Gary S Collins officer: Pres. The PrivateClients Group 913 SOUTH BOULEVARD, OAK PARK IL 60302
John B Williams officer: Chief Operating Officer C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Dennis L Klaeser officer: Chief Financial Officer 235 EAST MAIN STREET, MIDLAND MI 48640