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BayCom (FRA:B2J) Cyclically Adjusted Book per Share : €19.41 (As of Mar. 2024)


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What is BayCom 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.

BayCom's adjusted book value per share for the three months ended in Mar. 2024 was €25.410. 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 €19.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BayCom's average Cyclically Adjusted Book Growth Rate was 20.20% 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.

As of today (2024-06-07), BayCom's current stock price is €17.50. BayCom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.41. BayCom's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BayCom was 1.56. The lowest was 0.85. And the median was 1.15.


BayCom Cyclically Adjusted Book per Share Historical Data

The historical data trend for BayCom'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.

BayCom Cyclically Adjusted Book per Share Chart

BayCom 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 - - 12.71 15.58 18.31

BayCom 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 15.92 17.36 18.55 18.31 19.41

Competitive Comparison of BayCom's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BayCom'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.


BayCom's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



BayCom 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, BayCom'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)
=25.41/131.7762*131.7762
=25.410

Current CPI (Mar. 2024) = 131.7762.

BayCom Quarterly Data

Book Value per Share CPI Adj_Book
200706 0.043 87.906 0.064
200709 0.043 87.964 0.064
200712 6.715 88.616 9.985
200803 6.350 90.090 9.288
200812 7.462 88.697 11.086
201312 7.684 98.326 10.298
201409 0.000 100.428 0.000
201412 9.676 99.070 12.870
201509 11.909 100.392 15.632
201512 12.096 99.792 15.973
201612 13.523 101.863 17.494
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 13.372 104.011 16.942
201803 9.145 105.290 11.446
201806 15.250 106.317 18.902
201809 15.557 106.507 19.248
201812 16.235 105.998 20.183
201903 16.772 107.251 20.607
201906 17.229 108.070 21.008
201909 18.134 108.329 22.059
201912 18.385 108.420 22.346
202003 18.763 108.902 22.704
202006 18.882 108.767 22.876
202009 18.321 109.815 21.985
202012 18.382 109.897 22.042
202103 19.113 111.754 22.537
202106 19.591 114.631 22.521
202109 20.465 115.734 23.302
202112 21.760 117.630 24.377
202203 21.552 121.301 23.413
202206 22.510 125.017 23.727
202209 24.286 125.227 25.556
202212 23.320 125.222 24.541
202303 23.528 127.348 24.346
202306 23.813 128.729 24.377
202309 24.662 129.860 25.026
202312 24.837 129.419 25.289
202403 25.410 131.776 25.410

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


BayCom  (FRA:B2J) 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.

BayCom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.50/19.41
=0.90

* 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 BayCom was 1.56. The lowest was 0.85. And the median was 1.15.


Be Aware

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


BayCom Cyclically Adjusted Book per Share Related Terms

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


BayCom (FRA:B2J) Business Description

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Address
500 Ygnacio Valley Road, Suite 200, Walnut Creek, CA, USA, 94596
BayCom Corp is a bank holding company for United Business Bank. It provides a broad range of financial services to businesses and business owners as well as individuals through its full-service branches and loan production office. The company targets its services to small and medium-sized businesses, professional firms, real estate professionals, nonprofit businesses, labor unions, and related nonprofit entities and businesses and individual consumers. Its products and services include deposit products, personal accounts, loans, online banking, cash management, and business savings services.

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