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CB Financial Services (CB Financial Services) Cyclically Adjusted PB Ratio : 0.81 (As of Jun. 11, 2024)


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What is CB Financial Services Cyclically Adjusted PB Ratio?

As of today (2024-06-11), CB Financial Services's current share price is $22.69. CB Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $28.06. CB Financial Services's Cyclically Adjusted PB Ratio for today is 0.81.

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

CBFV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.88   Max: 1.47
Current: 0.81

During the past years, CB Financial Services's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.68. And the median was 0.88.

CBFV's Cyclically Adjusted PB Ratio is ranked better than
58.66% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs CBFV: 0.81

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.

CB Financial Services's adjusted book value per share data for the three months ended in Mar. 2024 was $27.531. 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 $28.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CB Financial Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CB Financial Services'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.

CB Financial Services Cyclically Adjusted PB Ratio Chart

CB Financial Services 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 1.45 0.90 0.97 0.80 0.86

CB Financial Services 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 0.80 0.75 0.78 0.86 0.77

Competitive Comparison of CB Financial Services's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, CB Financial Services'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.


CB Financial Services's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



CB Financial Services 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.

CB Financial Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.69/28.06
=0.81

* 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.

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

For example, CB Financial Services'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)
=27.531/131.7762*131.7762
=27.531

Current CPI (Mar. 2024) = 131.7762.

CB Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.822 100.560 22.044
201409 16.904 100.428 22.181
201412 20.119 99.070 26.761
201503 20.554 99.621 27.188
201506 20.801 100.684 27.225
201509 21.186 100.392 27.809
201512 21.293 99.792 28.117
201603 21.659 100.470 28.408
201606 21.939 101.688 28.430
201609 22.073 101.861 28.556
201612 21.893 101.863 28.322
201703 22.156 102.862 28.384
201706 22.480 103.349 28.663
201709 22.787 104.136 28.835
201712 22.768 104.011 28.846
201803 22.561 105.290 28.236
201806 24.691 106.317 30.604
201809 24.691 106.507 30.549
201812 25.335 105.998 31.496
201903 26.085 107.251 32.050
201906 26.780 108.070 32.655
201909 27.257 108.329 33.157
201912 27.654 108.420 33.611
202003 28.093 108.902 33.994
202006 28.254 108.767 34.231
202009 24.691 109.815 29.629
202012 24.755 109.897 29.683
202103 24.617 111.754 29.027
202106 24.503 114.631 28.168
202109 24.574 115.734 27.980
202112 25.306 117.630 28.349
202203 23.688 121.301 25.734
202206 22.185 125.017 23.384
202209 20.936 125.227 22.031
202212 21.598 125.222 22.728
202303 22.904 127.348 23.700
202306 22.808 128.729 23.348
202309 22.428 129.860 22.759
202312 27.314 129.419 27.811
202403 27.531 131.776 27.531

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.


CB Financial Services  (NAS:CBFV) 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.


CB Financial Services Cyclically Adjusted PB Ratio Related Terms

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


CB Financial Services (CB Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
100 North Market Street, Carmichaels, PA, USA, 15320
CB Financial Services Inc operates as a bank holding company. The company conducts its operations primarily through its wholly-owned subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank offers products and services related to residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area. It operates in two operating units namely Community Banking and Insurance brokerage service segment. The bank generates its revenue in the form of interests.
Executives
Mark E. Fox director 100 N. MARKET STREET, CARMICHAELS PA 15320
John J Lacarte director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Charles R. Guthrie director 100 N. MARKET STREET, CARMICHAELS PA 15320
John Haines Montgomery director, officer: President and CEO 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Richard B Boyer director FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062
Roberta Robinson Olejasz director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Karl G. Baily director 100 N. MARKET STREET, CARMICHAELS PA 15320
Joseph N. Headlee director 100 N. MARKET STREET, CARMICHAELS PA 15320
David F. Pollock director 100 N. MARKET STREET, CARMICHAELS PA 15320
William G Petroplus director C/O FIRST WEST VIRGINIA BANCORP INC, P O BOX 6671, WHEELING WV 26003
Jonathan Bedway director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Ralph Burchianti officer: Senior Vice President 100 N. MARKET STREET, CARMICHAELS PA 15320
Jamie L Prah officer: EVP and CFO 100 N. MARKET STREET, CARMICHAELS PA 15320
Jennifer L George officer: EVP and COO 100 N. MARKET STREET, CARMICHAELS PA 16320
Patrick G Obrien director C/O FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062

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