GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lyons Bancorp Inc (OTCPK:LYBC) » Definitions » Cyclically Adjusted Book per Share

Lyons Bancorp (Lyons Bancorp) Cyclically Adjusted Book per Share : $29.11 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Lyons 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.

Lyons Bancorp's adjusted book value per share for the three months ended in Mar. 2024 was $41.757. 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 $29.11 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 (2024-06-08), Lyons Bancorp's current stock price is $41.50. Lyons Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.11. Lyons Bancorp's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Lyons Bancorp was 1.47. The lowest was 1.34. And the median was 1.36.


Lyons Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lyons 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.

Lyons Bancorp Cyclically Adjusted Book per Share Chart

Lyons Bancorp Annual Data
Trend Dec06 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 - - - - -

Lyons Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 29.11

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

For the Banks - Regional subindustry, Lyons 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.


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

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

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



Lyons 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, Lyons 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)
=41.757/131.7762*131.7762
=41.757

Current CPI (Mar. 2024) = 131.7762.

Lyons Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200603 9.987 84.298 15.612
200606 10.116 85.606 15.572
200609 10.714 85.606 16.492
200612 8.760 85.142 13.558
200703 11.267 86.640 17.137
200706 11.214 87.906 16.810
200709 11.624 87.964 17.414
201512 18.365 99.792 24.251
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 21.568 101.863 27.902
201703 22.085 102.862 28.293
201706 22.797 103.349 29.068
201709 23.129 104.136 29.268
201712 23.131 104.011 29.306
201803 22.783 105.290 28.514
201806 0.000 106.317 0.000
201809 23.255 106.507 28.772
201812 24.483 105.998 30.437
201903 25.605 107.251 31.460
201906 26.841 108.070 32.729
201909 27.583 108.329 33.553
201912 27.358 108.420 33.252
202003 28.708 108.902 34.738
202006 29.324 108.767 35.527
202009 29.876 109.815 35.851
202012 30.064 109.897 36.049
202103 29.065 111.754 34.272
202106 29.862 114.631 34.328
202109 31.184 115.734 35.506
202112 32.054 117.630 35.909
202203 28.081 121.301 30.506
202206 0.000 125.017 0.000
202209 35.709 125.227 37.577
202212 25.542 125.222 26.879
202303 27.862 127.348 28.831
202309 40.335 129.860 40.930
202312 30.241 129.419 30.792
202403 41.757 131.776 41.757

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


Lyons Bancorp  (OTCPK:LYBC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.50/29.11
=1.43

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Lyons Bancorp was 1.47. The lowest was 1.34. And the median was 1.36.


Be Aware

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


Lyons Bancorp Cyclically Adjusted Book per Share Related Terms

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


Lyons Bancorp (Lyons Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
399 Exchange Street, Geneva, NY, USA, 14456
Lyons Bancorp Inc is a bank holding company. It provides commercial and retail banking services to individual and small business customers. The bank offers checking accounts, savings accounts, individual retirement accounts, certificates of deposits, business checking, business savings, and other banking services.

Lyons Bancorp (Lyons Bancorp) Headlines

No Headlines