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Atlantic Union Bankshares (Atlantic Union Bankshares) Cyclically Adjusted Book per Share : $33.87 (As of Mar. 2024)


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What is Atlantic Union Bankshares Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Atlantic Union Bankshares's adjusted book value per share for the three months ended in Mar. 2024 was $33.811. 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 $33.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atlantic Union Bankshares's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Atlantic Union Bankshares was 10.60% per year. The lowest was 4.40% per year. And the median was 6.55% per year.

As of today (2024-06-05), Atlantic Union Bankshares's current stock price is $31.42. Atlantic Union Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $33.87. Atlantic Union Bankshares's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantic Union Bankshares was 2.02. The lowest was 0.74. And the median was 1.37.


Atlantic Union Bankshares Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlantic Union Bankshares's Cyclically Adjusted Book per Share 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.

Atlantic Union Bankshares Cyclically Adjusted Book per Share Chart

Atlantic Union Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.96 24.81 28.21 31.07 33.12

Atlantic Union Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 31.85 32.44 32.95 33.12 33.87

Competitive Comparison of Atlantic Union Bankshares's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Atlantic Union Bankshares'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.


Atlantic Union Bankshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Atlantic Union Bankshares Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Atlantic Union Bankshares'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)
=33.811/131.7762*131.7762
=33.811

Current CPI (Mar. 2024) = 131.7762.

Atlantic Union Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.296 100.560 27.907
201409 21.481 100.428 28.186
201412 21.637 99.070 28.780
201503 21.856 99.621 28.911
201506 21.904 100.684 28.668
201509 22.116 100.392 29.030
201512 22.225 99.792 29.348
201603 22.369 100.470 29.339
201606 22.678 101.688 29.388
201609 22.981 101.861 29.730
201612 22.955 101.863 29.696
201703 23.252 102.862 29.788
201706 23.586 103.349 30.074
201709 23.814 104.136 30.135
201712 23.920 104.011 30.305
201803 27.788 105.290 34.778
201806 28.282 106.317 35.055
201809 28.493 106.507 35.253
201812 29.170 105.998 36.264
201903 29.980 107.251 36.836
201906 30.605 108.070 37.319
201909 31.116 108.329 37.851
201912 31.413 108.420 38.180
202003 30.815 108.902 37.288
202006 33.261 108.767 40.297
202009 33.800 109.815 40.559
202012 34.400 109.897 41.249
202103 34.295 111.754 40.439
202106 35.256 114.631 40.529
202109 35.617 115.734 40.554
202112 35.815 117.630 40.122
202203 33.160 121.301 36.024
202206 32.017 125.017 33.748
202209 30.534 125.227 32.131
202212 31.756 125.222 33.418
202303 32.539 127.348 33.671
202306 32.325 128.729 33.090
202309 31.850 129.860 32.320
202312 34.071 129.419 34.691
202403 33.811 131.776 33.811

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Atlantic Union Bankshares  (NYSE:AUB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Atlantic Union Bankshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.42/33.87
=0.93

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlantic Union Bankshares was 2.02. The lowest was 0.74. And the median was 1.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Atlantic Union Bankshares Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Atlantic Union Bankshares's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantic Union Bankshares (Atlantic Union Bankshares) Business Description

Traded in Other Exchanges
Address
1051 East Cary Street, Suite 1200, Three James Center, Richmond, VA, USA, 23219
Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for a commercial, industrial, residential mortgage, and consumer purposes. The company has one reportable segment, which largely consists of the traditional full-service community banking business. Much of the company revenue streams from overdraft and service fees and comes from the United States.
Executives
Rachael R Lape officer: EVP & General Counsel C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Woolley Douglas F. Jr. officer: EVP & CCO C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST., STE 1200, RICHMOND VA 23219
Matthew L. Linderman officer: EVP & CIO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CART STREET, STE 1200, RICHMOND VA 23219
Frank Russell Ellett director C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219
Maria P Tedesco officer: EVP; President, Bank C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
John C Asbury officer: President C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, SUITE 1200, RICHMOND VA 23219
Robert Michael Gorman officer: EVP 1051 EAST CARY STREET, SUITE 1200, THREE JAMES CENTER, RICHMOND VA 23219
Sherry Williams officer: EVP & Chief Risk Officer 275 SEVENTH AVE., NEW YORK NY 10001
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ronald L Tillett director 951 E, BYRD STREET, SUITE 930, RICHMOND VA 23219
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Clare Miller officer: EVP & CHRO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, RICHMOND VA 23219
Frederick Blair Wimbush director C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
Susan E Pfautz officer: SVP & Interim Chief HR Officer ATLANTIC UNION BANKSHARES, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Loreen A. Lagatta officer: EVP C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219