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FFB Bancorp (FFB Bancorp) Cyclically Adjusted Book per Share : $22.89 (As of Mar. 2024)


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What is FFB Bancorp 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.

FFB Bancorp's adjusted book value per share for the three months ended in Mar. 2024 was $43.690. 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 $22.89 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-01), FFB Bancorp's current stock price is $86.50. FFB Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.89. FFB Bancorp's Cyclically Adjusted PB Ratio of today is 3.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FFB Bancorp was 3.86. The lowest was 3.03. And the median was 3.49.


FFB Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for FFB Bancorp'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.

FFB Bancorp Cyclically Adjusted Book per Share Chart

FFB Bancorp 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 - - - - 21.49

FFB Bancorp 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 - 19.78 20.65 21.49 22.89

Competitive Comparison of FFB Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, FFB 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.


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

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

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



FFB Bancorp 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, FFB Bancorp'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)
=43.69/131.7762*131.7762
=43.690

Current CPI (Mar. 2024) = 131.7762.

FFB Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201112 8.336 95.213 11.537
201212 8.998 96.871 12.240
201312 8.021 98.326 10.750
201409 0.000 100.428 0.000
201412 9.682 99.070 12.878
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.191 100.392 0.251
201512 9.998 99.792 13.202
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 10.955 101.863 14.172
201706 11.652 103.349 14.857
201709 11.995 104.136 15.179
201712 12.185 104.011 15.438
201803 0.000 105.290 0.000
201806 13.005 106.317 16.119
201809 13.530 106.507 16.740
201812 14.245 105.998 17.709
201903 15.144 107.251 18.607
201906 16.087 108.070 19.616
201909 16.875 108.329 20.527
201912 17.668 108.420 21.474
202003 0.000 108.902 0.000
202006 20.229 108.767 24.508
202009 21.494 109.815 25.792
202012 22.816 109.897 27.358
202103 23.115 111.754 27.256
202106 25.631 114.631 29.464
202109 27.423 115.734 31.224
202112 29.082 117.630 32.580
202203 27.532 121.301 29.910
202206 26.289 125.017 27.710
202209 26.022 125.227 27.383
202212 29.414 125.222 30.954
202303 31.865 127.348 32.973
202306 34.561 128.729 35.379
202309 35.483 129.860 36.007
202312 41.208 129.419 41.958
202403 43.690 131.776 43.690

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


FFB Bancorp  (OTCPK:FFBB) 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.

FFB Bancorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.50/22.89
=3.78

* 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 FFB Bancorp was 3.86. The lowest was 3.03. And the median was 3.49.


Be Aware

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


FFB Bancorp Cyclically Adjusted Book per Share Related Terms

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


FFB Bancorp (FFB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7690 N. Palm Avenue, Fresno, CA, USA, 93711
FFB Bancorp Formerly Communities First Financial Corp operates as a bank. It provides a full range of banking services such as checking, savings, certificates of deposits, loans and credits and online banking, mobile banking, debit cards, cash management services, and remote deposit captures service. It generates revenue in the form of interest income.

FFB Bancorp (FFB Bancorp) Headlines