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Columbia Banking System (Columbia Banking System) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 09, 2024)


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What is Columbia Banking System Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Columbia Banking System's current share price is $18.93. Columbia Banking System's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.22. Columbia Banking System's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Columbia Banking System's Cyclically Adjusted PB Ratio or its related term are showing as below:

COLB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.06   Max: 1.52
Current: 0.94

During the past years, Columbia Banking System's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.87. And the median was 1.06.

COLB's Cyclically Adjusted PB Ratio is ranked worse than
51.59% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs COLB: 0.94

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.

Columbia Banking System's adjusted book value per share data for the three months ended in Mar. 2024 was $23.677. 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 $20.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Banking System Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Columbia Banking System'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.

Columbia Banking System Cyclically Adjusted PB Ratio Chart

Columbia Banking System 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 - - - - 1.35

Columbia Banking System 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 1.11 1.04 1.03 1.35 0.96

Competitive Comparison of Columbia Banking System's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Columbia Banking System 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.

Columbia Banking System's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.93/20.22
=0.94

* 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.

Columbia Banking System's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Columbia Banking System'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)
=23.677/131.7762*131.7762
=23.677

Current CPI (Mar. 2024) = 131.7762.

Columbia Banking System Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.169 100.560 22.499
201409 17.272 100.428 22.663
201412 17.158 99.070 22.822
201503 17.242 99.621 22.807
201506 17.270 100.684 22.603
201509 17.417 100.392 22.862
201512 17.483 99.792 23.086
201603 17.616 100.470 23.105
201606 17.698 101.688 22.935
201609 17.802 101.861 23.030
201612 17.789 101.863 23.013
201703 17.841 102.862 22.856
201706 17.978 103.349 22.923
201709 18.096 104.136 22.899
201712 18.030 104.011 22.843
201803 18.207 105.290 22.787
201806 18.079 106.317 22.408
201809 18.180 106.507 22.493
201812 18.417 105.998 22.896
201903 18.654 107.251 22.920
201906 19.177 108.070 23.384
201909 19.479 108.329 23.695
201912 19.588 108.420 23.808
202003 11.389 108.902 13.781
202006 11.526 108.767 13.964
202009 11.853 109.815 14.223
202012 12.281 109.897 14.726
202103 12.163 111.754 14.342
202106 12.538 114.631 14.413
202109 12.567 115.734 14.309
202112 12.691 117.630 14.217
202203 12.018 121.301 13.056
202206 11.602 125.017 12.229
202209 11.138 125.227 11.721
202212 11.425 125.222 12.023
202303 23.436 127.348 24.251
202306 23.155 128.729 23.703
202309 22.209 129.860 22.537
202312 23.947 129.419 24.383
202403 23.677 131.776 23.677

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.


Columbia Banking System  (NAS:COLB) 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.


Columbia Banking System Cyclically Adjusted PB Ratio Related Terms

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


Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Laura Alvarez Schrag director 1301 A STREET, TACOMA WA 98402