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Quaint Oak Bancorp (Quaint Oak Bancorp) Cyclically Adjusted PB Ratio : 0.67 (As of Apr. 27, 2024)


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What is Quaint Oak Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Quaint Oak Bancorp's current share price is $10.55. Quaint Oak Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.74. Quaint Oak Bancorp's Cyclically Adjusted PB Ratio for today is 0.67.

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

QNTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.41   Max: 1.86
Current: 0.67

During the past years, Quaint Oak Bancorp's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.67. And the median was 1.41.

QNTO's Cyclically Adjusted PB Ratio is ranked better than
70.71% of 1171 companies
in the Banks industry
Industry Median: 0.93 vs QNTO: 0.67

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.

Quaint Oak Bancorp's adjusted book value per share data for the three months ended in Dec. 2023 was $20.145. 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 $15.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quaint Oak Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quaint Oak Bancorp'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.

Quaint Oak Bancorp Cyclically Adjusted PB Ratio Chart

Quaint Oak Bancorp 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 1.40 1.32 1.50 1.54 0.73

Quaint Oak Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.54 1.43 1.12 0.93 0.73

Competitive Comparison of Quaint Oak Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Quaint Oak Bancorp'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.


Quaint Oak Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Quaint Oak Bancorp 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.

Quaint Oak Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.55/15.74
=0.67

* 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.

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

For example, Quaint Oak Bancorp'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)
=20.145/129.4194*129.4194
=20.145

Current CPI (Dec. 2023) = 129.4194.

Quaint Oak Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.112 99.695 11.829
201406 9.270 100.560 11.930
201409 9.465 100.428 12.197
201412 9.664 99.070 12.625
201503 9.788 99.621 12.716
201506 9.964 100.684 12.808
201509 10.147 100.392 13.081
201512 10.337 99.792 13.406
201603 10.444 100.470 13.453
201606 10.599 101.688 13.489
201609 10.801 101.861 13.723
201612 10.993 101.863 13.967
201703 10.983 102.862 13.819
201706 11.212 103.349 14.040
201709 11.501 104.136 14.293
201712 11.555 104.011 14.378
201803 11.504 105.290 14.140
201806 11.520 106.317 14.023
201809 11.825 106.507 14.369
201812 12.063 105.998 14.728
201903 12.219 107.251 14.745
201906 12.435 108.070 14.892
201909 12.796 108.329 15.287
201912 13.052 108.420 15.580
202003 13.201 108.902 15.688
202006 13.446 108.767 15.999
202009 13.947 109.815 16.437
202012 14.461 109.897 17.030
202103 14.905 111.754 17.261
202106 15.512 114.631 17.513
202109 16.346 115.734 18.279
202112 17.297 117.630 19.031
202203 18.321 121.301 19.547
202206 18.915 125.017 19.581
202209 20.072 125.227 20.744
202212 20.665 125.222 21.358
202303 20.656 127.348 20.992
202306 20.461 128.729 20.571
202309 20.120 129.860 20.052
202312 20.145 129.419 20.145

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.


Quaint Oak Bancorp  (OTCPK:QNTO) 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.


Quaint Oak Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Quaint Oak Bancorp (Quaint Oak Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
501 Knowles Avenue, Southampton, PA, USA, 18966
Quaint Oak Bancorp Inc is a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Quaint Oak Bancorp Inc, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank has many subsidiary companies these subsidiary companies conduct business from numerous locations within the Bank's market area. The Bank holds a majority equity position in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Executives
James J Clarke director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Susan M. Vettori director QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Dipiero Andrew E Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
John J Augustine director, officer: Chief Financial Officer QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Diane J Colyer officer: SVP and Corporate Secretary QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
William R Gonzalez officer: Senior Vice President* QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert T Strong director, officer: President and CEO QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Aimee K Ott officer: Vice President* 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert Farrer officer: VP Risk and Compliance* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert J Phillips director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Kenneth R Gant director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Marsh B Spink director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Ager George M Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Curt T Schulmeister officer: Chief Lending Officer* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966

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