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As of today (2024-05-21), CapStar Financial Holdings's current share price is $20.10. CapStar Financial Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $16.32. CapStar Financial Holdings's Cyclically Adjusted PB Ratio for today is 1.23.
The historical rank and industry rank for CapStar Financial Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past 11 years, CapStar Financial Holdings's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.92. And the median was 1.13.
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.
CapStar Financial Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was $17.460. 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 $16.32 for the trailing ten years ended in Dec23.
The historical data trend for CapStar Financial Holdings's Cyclically Adjusted PB Ratio 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.
CapStar Financial Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | - | - | - | 1.13 | 1.15 |
CapStar Financial Holdings Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | 1.13 | - | - | - | 1.15 |
For the Banks - Regional subindustry, CapStar Financial Holdings'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.
For the Banks industry and Financial Services sector, CapStar Financial Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where CapStar Financial Holdings's Cyclically Adjusted PB Ratio falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
CapStar Financial Holdings's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 20.10 | / | 16.32 | |
= | 1.23 |
* 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.
CapStar Financial Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:
For example, CapStar Financial Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:
Adj_Book | = | Book Value per Share | / | CPI of Dec23 (Change) | * | Current CPI (Dec23) |
= | 17.46 | / | 129.4194 | * | 129.4194 | |
= | 17.460 |
Current CPI (Dec23) = 129.4194.
CapStar Financial Holdings Annual Data
Book Value per Share | CPI | Adj_Book | |
201412 | 9.359 | 99.070 | 12.226 |
201512 | 9.909 | 99.792 | 12.851 |
201612 | 12.346 | 101.863 | 15.686 |
201712 | 12.612 | 104.011 | 15.693 |
201812 | 14.302 | 105.998 | 17.462 |
201912 | 14.868 | 108.420 | 17.748 |
202012 | 15.621 | 109.897 | 18.396 |
202112 | 17.148 | 117.630 | 18.867 |
202212 | 16.311 | 125.222 | 16.858 |
202312 | 17.460 | 129.419 | 17.460 |
Add all the adjusted book value per share together and divide the count will get our 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.
CapStar Financial Holdings (NAS:CSTR) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Thank you for viewing the detailed overview of CapStar Financial Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alison Lee Jefferson | officer: Interim Prin. Acctg. Officer | 406 11TH AVENUE NORTH, SUITE 200, NASHVILLE TN 37203 |
Michael J Fowler | officer: See Remarks | 100 NORTH MAIN STREET, GREENEVILLE TN 37743-4992 |
William Tilden Delay | director | 115 LYNNWOOD TERRACE, NASHVILLE TN 37205 |
Harrison Frist | director | C/O KHOSLA VENTURES ACQUISITION CO. III, 2128 SAND HILL RD, MENLO PARK CA 94025 |
Thomas R. Flynn | director | 606 DEEPWOOD DRIVE, HOPKINSVILLE KY 42240 |
Kenneth E Webb | officer: EVP of Bank Operations | 6226 BROWNLEE DRIVE, NASHVILLE TN 37205 |
Jeffrey L Moody | officer: Principal Accounting Officer | CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Amy C Goodin | officer: Chief Risk Officer | CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Turner James S. Jr. | director | 138 2ND AVENUE NORTH, NASHVILLE TN 37201 |
Denis J. Duncan | officer: See Remarks | 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Sam B. Devane | director | CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Kevin Lambert | officer: Chief Credit Officer | CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Valora S. Gurganious | director | CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203 |
Christopher G Tietz | officer: See Remarks | 185 EAST MARKET STREET, ATTN: LEGAL DEPARTMENT, WARREN OH 44481 |
Capstar Financial Holdings, Inc. | officer: Chief Financial Officer | 1201 DEMONBREUN STREET, SUITE 700, SUITE 700, NASHVILLE TN 37203 |
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