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Capital City Bank Group (FRA:BK3) Cyclically Adjusted Book per Share : €20.78 (As of Dec. 2023)


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What is Capital City Bank Group 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.

Capital City Bank Group's adjusted book value per share for the three months ended in Dec. 2023 was €24.238. 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 €20.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Capital City Bank Group's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Capital City Bank Group was 8.00% per year. The lowest was -0.40% per year. And the median was 2.50% per year.

As of today (2024-06-10), Capital City Bank Group's current stock price is €24.60. Capital City Bank Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €20.78. Capital City Bank Group's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capital City Bank Group was 1.75. The lowest was 0.61. And the median was 1.26.


Capital City Bank Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Capital City Bank Group'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.

Capital City Bank Group Cyclically Adjusted Book per Share Chart

Capital City Bank Group 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 - - 17.41 19.93 20.78

Capital City Bank Group 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 19.08 19.88 20.89 20.78 -

Competitive Comparison of Capital City Bank Group's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Capital City Bank Group'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.


Capital City Bank Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Capital City Bank Group's Cyclically Adjusted PB Ratio falls into.



Capital City Bank Group 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, Capital City Bank Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.238/129.4194*129.4194
=24.238

Current CPI (Dec. 2023) = 129.4194.

Capital City Bank Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.612 99.695 15.074
201406 11.877 100.560 15.286
201409 12.609 100.428 16.249
201412 12.669 99.070 16.550
201503 14.445 99.621 18.766
201506 14.130 100.684 18.163
201509 14.222 100.392 18.334
201512 14.680 99.792 19.038
201603 14.435 100.470 18.594
201606 14.556 101.688 18.526
201609 14.665 101.861 18.633
201612 15.486 101.863 19.675
201703 15.335 102.862 19.294
201706 14.769 103.349 18.495
201709 14.104 104.136 17.528
201712 14.136 104.011 17.589
201803 13.721 105.290 16.866
201806 14.734 106.317 17.936
201809 14.972 106.507 18.193
201812 15.881 105.998 19.390
201903 16.265 107.251 19.627
201906 16.626 108.070 19.911
201909 17.433 108.329 20.827
201912 17.548 108.420 20.947
202003 18.065 108.902 21.469
202006 18.331 108.767 21.812
202009 18.064 109.815 21.289
202012 16.784 109.897 19.766
202103 17.540 111.754 20.313
202106 17.570 114.631 19.837
202109 18.288 115.734 20.450
202112 20.691 117.630 22.765
202203 20.502 121.301 21.874
202206 21.295 125.017 22.045
202209 22.801 125.227 23.564
202212 22.009 125.222 22.747
202303 23.044 127.348 23.419
202306 23.333 128.729 23.458
202309 23.611 129.860 23.531
202312 24.238 129.419 24.238

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


Capital City Bank Group  (FRA:BK3) 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.

Capital City Bank Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.60/20.78
=1.18

* 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 Capital City Bank Group was 1.75. The lowest was 0.61. And the median was 1.26.


Be Aware

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


Capital City Bank Group Cyclically Adjusted Book per Share Related Terms

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


Capital City Bank Group (FRA:BK3) Business Description

Traded in Other Exchanges
Address
217 North Monroe Street, Tallahassee, FL, USA, 32301
Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.

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