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FFB Bancorp (FFB Bancorp) Cyclically Adjusted PB Ratio : 3.78 (As of Jun. 06, 2024)


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What is FFB Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-06), FFB Bancorp's current share price is $86.51. FFB Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.89. FFB Bancorp's Cyclically Adjusted PB Ratio for today is 3.78.

The historical rank and industry rank for FFB Bancorp's Cyclically Adjusted PB Ratio or its related term are showing as below:

FFBB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.03   Med: 3.49   Max: 3.86
Current: 3.78

During the past years, FFB Bancorp's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 3.03. And the median was 3.49.

FFBB's Cyclically Adjusted PB Ratio is ranked worse than
95.21% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs FFBB: 3.78

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.

FFB Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $43.690. 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 $22.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FFB Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FFB Bancorp'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.

* Premium members only.

FFB Bancorp Cyclically Adjusted PB Ratio Chart

FFB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.54

FFB Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 - 3.08 3.34 3.54 3.63

Competitive Comparison of FFB Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, FFB 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.


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

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

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



FFB Bancorp Cyclically Adjusted PB Ratio Calculation

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.

FFB Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.51/22.89
=3.78

* 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.

FFB Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, FFB 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)
=43.69/131.7762*131.7762
=43.690

Current CPI (Mar. 2024) = 131.7762.

FFB Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201112 8.336 95.213 11.537
201212 8.998 96.871 12.240
201312 8.021 98.326 10.750
201409 0.000 100.428 0.000
201412 9.682 99.070 12.878
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.191 100.392 0.251
201512 9.998 99.792 13.202
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 10.955 101.863 14.172
201706 11.652 103.349 14.857
201709 11.995 104.136 15.179
201712 12.185 104.011 15.438
201803 0.000 105.290 0.000
201806 13.005 106.317 16.119
201809 13.530 106.507 16.740
201812 14.245 105.998 17.709
201903 15.144 107.251 18.607
201906 16.087 108.070 19.616
201909 16.875 108.329 20.527
201912 17.668 108.420 21.474
202003 0.000 108.902 0.000
202006 20.229 108.767 24.508
202009 21.494 109.815 25.792
202012 22.816 109.897 27.358
202103 23.115 111.754 27.256
202106 25.631 114.631 29.464
202109 27.423 115.734 31.224
202112 29.082 117.630 32.580
202203 27.532 121.301 29.910
202206 26.289 125.017 27.710
202209 26.022 125.227 27.383
202212 29.414 125.222 30.954
202303 31.865 127.348 32.973
202306 34.561 128.729 35.379
202309 35.483 129.860 36.007
202312 41.208 129.419 41.958
202403 43.690 131.776 43.690

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.


FFB Bancorp  (OTCPK:FFBB) 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.


FFB Bancorp Cyclically Adjusted PB Ratio Related Terms

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


FFB Bancorp (FFB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7690 N. Palm Avenue, Fresno, CA, USA, 93711
FFB Bancorp Formerly Communities First Financial Corp operates as a bank. It provides a full range of banking services such as checking, savings, certificates of deposits, loans and credits and online banking, mobile banking, debit cards, cash management services, and remote deposit captures service. It generates revenue in the form of interest income.