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Juniata Valley Financial (Juniata Valley Financial) Cyclically Adjusted Book per Share : $14.77 (As of Mar. 2024)


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What is Juniata Valley 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.

Juniata Valley Financial's adjusted book value per share for the three months ended in Mar. 2024 was $8.296. 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 $14.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Juniata Valley Financial's average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Juniata Valley Financial was 4.00% per year. The lowest was -0.20% per year. And the median was 1.90% per year.

As of today (2024-06-09), Juniata Valley Financial's current stock price is $12.56. Juniata Valley Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.77. Juniata Valley Financial's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Juniata Valley Financial was 1.74. The lowest was 0.69. And the median was 1.43.


Juniata Valley Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Juniata Valley 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.

Juniata Valley Financial Cyclically Adjusted Book per Share Chart

Juniata Valley Financial 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 13.38 13.68 14.67 14.97 14.69

Juniata Valley 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 15.03 14.99 14.93 14.69 14.77

Competitive Comparison of Juniata Valley Financial's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Juniata Valley 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.


Juniata Valley Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Juniata Valley 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, Juniata Valley 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)
=8.296/131.7762*131.7762
=8.296

Current CPI (Mar. 2024) = 131.7762.

Juniata Valley Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.182 100.560 15.964
201409 12.132 100.428 15.919
201412 11.906 99.070 15.837
201503 12.058 99.621 15.950
201506 11.956 100.684 15.648
201509 12.076 100.392 15.851
201512 12.497 99.792 16.502
201603 12.801 100.470 16.790
201606 12.882 101.688 16.694
201609 12.937 101.861 16.736
201612 12.425 101.863 16.074
201703 12.482 102.862 15.991
201706 12.638 103.349 16.114
201709 12.679 104.136 16.044
201712 12.456 104.011 15.781
201803 12.152 105.290 15.209
201806 12.695 106.317 15.735
201809 12.836 106.507 15.881
201812 13.232 105.998 16.450
201903 13.567 107.251 16.669
201906 14.211 108.070 17.328
201909 14.446 108.329 17.573
201912 14.453 108.420 17.566
202003 15.188 108.902 18.378
202006 15.118 108.767 18.316
202009 15.249 109.815 18.299
202012 15.242 109.897 18.277
202103 14.495 111.754 17.092
202106 14.750 114.631 16.956
202109 14.621 115.734 16.648
202112 14.291 117.630 16.010
202203 11.348 121.301 12.328
202206 9.279 125.017 9.781
202209 6.977 125.227 7.342
202212 7.134 125.222 7.507
202303 7.485 127.348 7.745
202306 7.373 128.729 7.548
202309 7.599 129.860 7.711
202312 8.042 129.419 8.188
202403 8.296 131.776 8.296

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


Juniata Valley Financial  (OTCPK:JUVF) 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.

Juniata Valley Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.56/14.77
=0.85

* 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 Juniata Valley Financial was 1.74. The lowest was 0.69. And the median was 1.43.


Be Aware

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


Juniata Valley Financial Cyclically Adjusted Book per Share Related Terms

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


Juniata Valley Financial (Juniata Valley Financial) Business Description

Traded in Other Exchanges
N/A
Address
Bridge and Main Streets, PO Box 66, Mifflintown, PA, USA, 17059-0066
Juniata Valley Financial Corp provides financial services. The firm offers banking services such as personal checking, personal savings, online banking, mobile banking, personal loans, business loans, and other banking services. The bank generates its revenue in the form of interest income. It offers a full range of consumer and commercial banking services. Consumer banking services include online account opening; online banking; mobile banking; personal checking accounts; checking overdraft privileges; savings accounts; debit cards; certificates of deposit; individual retirement accounts, among others. Commercial banking services include low and high-volume business checking accounts; online account management services; remote deposit capability; ACH origination; payroll direct deposit.
Executives
Martin L Dreibelbis director
Steven C. Sliver director 6415 MARGY DRIVE, HUNTINGDON PA 16652
Scarnati Joseph B. Iii director 978 EVERGREEN ST., BROCKWAY PA 15824
Christina Calkins-mazur director 119 GRAND PARKWAY NORTH, LEWISTOWN PA 17044
Marcie A Barber officer: SVP Community Office Div. Mgr. 137 OAKRIDGE ROAD, LEWISTOWN PA 17044
Bradley J. Wagner director 1344 MASTERSONVILLE ROAD, MANHEIM PA 17545
Michael W. Wolf officer: SVP/CFO 218 BRIDGE STREET, PO BOX 66, MIFFLINTOWN PA 17059
Timothy I Havice director
Michael A. Buffington director 126 ELECTRIC AVENUE, LEWISTOWN PA 17044
Gary E Kelsey director PO BOX 590, COUDERSPORT PA 16915
Joann Mcminn officer: Chief Financial Officer PO BOX 66, BRIDGE & MAIN STREET, MIFFLINTOWN PA 17059
Gingerich Philip E Jr director
Douglas R Berry director 105 FOXFIRE LANE, LEWISBERRY PA 17339
A Jerome Cook director
Metz Robert K Jr director