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TriState Capital Holdings (TriState Capital Holdings) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is TriState Capital Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TriState Capital Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TriState Capital 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.

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TriState Capital Holdings Cyclically Adjusted PB Ratio Chart

TriState Capital Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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TriState Capital Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of TriState Capital Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, TriState Capital 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.


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

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

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



TriState Capital 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.

TriState Capital Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, TriState Capital Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=19.488/121.3010*121.3010
=19.488

Current CPI (Mar. 2022) = 121.3010.

TriState Capital Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 6.172 96.871 7.729
201303 6.257 98.209 7.728
201306 10.036 98.518 12.357
201309 10.075 98.790 12.371
201312 10.245 98.326 12.639
201403 10.435 99.695 12.697
201406 10.483 100.560 12.645
201409 10.705 100.428 12.930
201412 10.883 99.070 13.325
201503 11.003 99.621 13.398
201506 11.228 100.684 13.527
201509 11.437 100.392 13.819
201512 11.619 99.792 14.123
201603 11.669 100.470 14.088
201606 11.970 101.688 14.279
201609 12.118 101.861 14.431
201612 12.381 101.863 14.744
201703 12.518 102.862 14.762
201706 12.825 103.349 15.053
201709 13.174 104.136 15.346
201712 13.608 104.011 15.870
201803 13.866 105.290 15.975
201806 14.352 106.317 16.375
201809 14.839 106.507 16.900
201812 15.267 105.998 17.471
201903 15.607 107.251 17.652
201906 16.116 108.070 18.089
201909 16.672 108.329 18.668
201912 17.209 108.420 19.254
202003 16.743 108.902 18.649
202006 17.311 108.767 19.306
202009 17.672 109.815 19.520
202012 17.780 109.897 19.625
202103 17.974 111.754 19.509
202106 18.544 114.631 19.623
202109 19.110 115.734 20.029
202112 19.697 117.630 20.312
202203 19.488 121.301 19.488

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.


TriState Capital Holdings  (NAS:TSC) 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.


TriState Capital Holdings Cyclically Adjusted PB Ratio Related Terms

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TriState Capital Holdings (TriState Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
301 Grant Street, One Oxford Centre, Suite 2700, Pittsburgh, PA, USA, 15219
TriState Capital Holdings Inc provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management. Its Investment Management segment provides advisory and sub-advisory investment management services primarily to institutional investors, mutual funds and individual investors. The company generates maximum revenue from the Bank segment.
Executives
Michael Robert Harris director C/O TRISTATE CAPITAL HOLDINGS ONE OXFORD CENTER, 27TH FL. PITTSBURGH PA 15219
Kim Ruth director C/O TRISTATE CAPITAL HOLDINGS, INC 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Anthony J. Buzzelli director C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
David L Bonvenuto director C/O TRISTATE CAPITAL HOLDINGS, INC. 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
Timothy J Riddle officer: CEO, Chartwell Inv. Partners CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DR., SUITE 400, BERWYN PA 19312
David J Demas officer: Chief Financial Officer C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Brian S Fetterolf director, officer: CEO, Director TSC C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
E.h. Dewhurst director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
James F Getz director, officer: Chairman, President and CEO C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Christopher M Doody director 20 HORSENECK LANE, GREENWICH CT 06830
James J. Dolan director C/O TRISTATE CAPITAL HOLDINGS, INC., ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
James E. Minnick director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Richard B. Seidel director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Helen Hanna Casey director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219