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Capitol Federal Financial (Capitol Federal Financial) Cyclically Adjusted Book per Share : $11.30 (As of Mar. 2024)


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What is Capitol Federal Financial 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.

Capitol Federal Financial's adjusted book value per share for the three months ended in Mar. 2024 was $7.724. 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 $11.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Capitol Federal Financial's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Capitol Federal Financial was 8.60% per year. The lowest was 0.50% per year. And the median was 5.70% per year.

As of today (2024-06-05), Capitol Federal Financial's current stock price is $5.025. Capitol Federal Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.30. Capitol Federal Financial's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capitol Federal Financial was 1.80. The lowest was 0.38. And the median was 1.28.


Capitol Federal Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capitol Federal Financial'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.

Capitol Federal Financial Cyclically Adjusted Book per Share Chart

Capitol Federal Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.90 11.29 11.40 11.69 11.45

Capitol Federal Financial 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 11.56 11.52 11.45 11.26 11.30

Competitive Comparison of Capitol Federal Financial's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Capitol Federal Financial'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.


Capitol Federal Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Capitol Federal Financial 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, Capitol Federal Financial'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)
=7.724/131.7762*131.7762
=7.724

Current CPI (Mar. 2024) = 131.7762.

Capitol Federal Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.529 100.560 13.798
201409 10.591 100.428 13.897
201412 10.422 99.070 13.863
201503 10.498 99.621 13.886
201506 10.286 100.684 13.462
201509 10.329 100.392 13.558
201512 10.142 99.792 13.393
201603 10.232 100.470 13.420
201606 10.062 101.688 13.039
201609 10.132 101.861 13.108
201612 9.920 101.863 12.833
201703 10.003 102.862 12.815
201706 9.833 103.349 12.538
201709 9.899 104.136 12.526
201712 9.771 104.011 12.379
201803 9.872 105.290 12.355
201806 9.702 106.317 12.025
201809 9.854 106.507 12.192
201812 9.527 105.998 11.844
201903 9.598 107.251 11.793
201906 9.384 108.070 11.443
201909 9.448 108.329 11.493
201912 9.234 108.420 11.223
202003 9.100 108.902 11.011
202006 9.190 108.767 11.134
202009 9.247 109.815 11.096
202012 9.198 109.897 11.029
202103 9.211 111.754 10.861
202106 8.914 114.631 10.247
202109 8.948 115.734 10.188
202112 8.763 117.630 9.817
202203 8.461 121.301 9.192
202206 8.151 125.017 8.592
202209 7.896 125.227 8.309
202212 7.748 125.222 8.154
202303 7.874 127.348 8.148
202306 7.794 128.729 7.979
202309 7.680 129.860 7.793
202312 7.723 129.419 7.864
202403 7.724 131.776 7.724

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


Capitol Federal Financial  (NAS:CFFN) 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.

Capitol Federal Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.025/11.3
=0.44

* 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 Capitol Federal Financial was 1.80. The lowest was 0.38. And the median was 1.28.


Be Aware

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


Capitol Federal Financial Cyclically Adjusted Book per Share Related Terms

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


Capitol Federal Financial (Capitol Federal Financial) Business Description

Traded in Other Exchanges
Address
700 South Kansas Avenue, Topeka, KS, USA, 66603
Capitol Federal Financial Inc is a bank holding company that operates through its wholly-owned subsidiary bank, Capitol Federal Savings Bank. The bank is a community-oriented financial institution that offers a variety of financial services through tens of locations. It primarily serves metropolitan areas within the state of Kansas. The bank performs traditional banking functions such as deposit-taking activities and investing that money in first-lien residential mortgages. It also participates in commercial real estate loans with other lenders, investing those funds in various securities. The vast majority of the bank's loan portfolio is in originated one- to four-family real estate loans. Its primary source of income is net interest income.
Executives
Anthony S. Barry officer: EVP, Corporate Services C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Jeffrey M Johnson director C/O CAPITOL FEDERAL FINANCIAL INC, 700 KANSAS AVENUE, TOPEKA KS 66603
Carlton A. Ricketts officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66601
Rick C Jackson officer: Executive Vice President CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
James G. Morris director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Natalie G. Haag officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Jeffrey R Thompson director C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Skrobacz William Joseph Jr officer: Executive Vice President 700 S KANSAS AVE, TOPEKA KS 66603
Robert D. Kobbeman officer: EVP, Chief Commercial Banking C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Huey Morris J Ii director, officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Michel Philipp Cole director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
John B Dicus director, officer: Chairman and President C/O CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
Daniel L. Lehman officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Kent G Townsend officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Marilyn S Ward director C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603

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