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F & M Bank (F & M Bank) Cyclically Adjusted PB Ratio : 0.56 (As of May. 27, 2024)


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What is F & M Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-27), F & M Bank's current share price is $16.30. F & M Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.32. F & M Bank's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for F & M Bank's Cyclically Adjusted PB Ratio or its related term are showing as below:

FMBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.09   Max: 1.8
Current: 0.56

During the past years, F & M Bank's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.53. And the median was 1.09.

FMBM's Cyclically Adjusted PB Ratio is ranked better than
78.63% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs FMBM: 0.56

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.

F & M Bank's adjusted book value per share data for the three months ended in Mar. 2024 was $22.109. 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 $29.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F & M Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for F & M Bank'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.

F & M Bank Cyclically Adjusted PB Ratio Chart

F & M Bank 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 1.23 0.94 1.06 0.80 0.67

F & M Bank 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 0.69 0.72 0.69 0.67 0.59

Competitive Comparison of F & M Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, F & M Bank'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.


F & M Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, F & M Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where F & M Bank's Cyclically Adjusted PB Ratio falls into.



F & M Bank 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.

F & M Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.30/29.32
=0.56

* 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.

F & M Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F & M Bank'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)
=22.109/131.7762*131.7762
=22.109

Current CPI (Mar. 2024) = 131.7762.

F & M Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.509 100.560 26.876
201409 20.820 100.428 27.319
201412 20.641 99.070 27.455
201503 21.034 99.621 27.823
201506 21.436 100.684 28.056
201509 21.887 100.392 28.729
201512 22.205 99.792 29.322
201603 22.617 100.470 29.664
201606 23.108 101.688 29.945
201609 23.651 101.861 30.597
201612 23.967 101.863 31.005
201703 24.436 102.862 31.305
201706 24.896 103.349 31.744
201709 25.400 104.136 32.142
201712 25.552 104.011 32.373
201803 25.675 105.290 32.134
201806 25.821 106.317 32.004
201809 26.254 106.507 32.483
201812 26.507 105.998 32.953
201903 26.796 107.251 32.924
201906 26.999 108.070 32.922
201909 26.650 108.329 32.418
201912 26.913 108.420 32.711
202003 26.999 108.902 32.670
202006 27.368 108.767 33.157
202009 27.846 109.815 33.415
202012 28.430 109.897 34.090
202103 28.988 111.754 34.181
202106 29.805 114.631 34.263
202109 30.241 115.734 34.433
202112 29.422 117.630 32.960
202203 25.494 121.301 27.696
202206 20.835 125.017 21.962
202209 19.016 125.227 20.011
202212 20.482 125.222 21.554
202303 20.856 127.348 21.581
202306 20.748 128.729 21.239
202309 19.246 129.860 19.530
202312 22.471 129.419 22.880
202403 22.109 131.776 22.109

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.


F & M Bank  (OTCPK:FMBM) 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.


F & M Bank Cyclically Adjusted PB Ratio Related Terms

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


F & M Bank (F & M Bank) Business Description

Traded in Other Exchanges
N/A
Address
205 South Main Street, P. O. Box 1111, Timberville, VA, USA, 22853
F & M Bank Corp is a single-bank holding company. The Company operates two business segments, commercial banking, through F and M Bank, and mortgage banking, through F and M Mortgage. The commercial banking segment includes both commercial and consumer lending and provides customers with products such as commercial loans, real estate loans, other business financing, and consumer loans. In addition, this segment provides customers with several choice deposit products, including demand deposit accounts, savings accounts, and certificates of deposit. The mortgage banking segment engages in the origination of residential mortgages for sale into the secondary market. Various other services are offered through TEB, FMFS, and VST.
Executives
Lisa F Campbell other: EVP/CFO 136 MILLSTONE ST., BRIDGEWATER VA 22812
John A Willingham director 925 MEADOW CT., WINCHESTER VA 22601
Kevin A. Russell other: Executive Vice President 4000 RUNNING BEAR DR., HARRISONBURG VA 22802
Larry A Caplinger officer: Sr Vice President PO BOX 274, TIMBERVILLE VA 22853
Aubrey M. Wilkerson other: Executive Vice President 961 MEADOW COURT, WINCHESTER VA 22601
Dean W Withers director 1685 BALD EAGLE CIRCLE, HARRISONBURG VA 22801
Christopher S. Runion director 5647 MOSSY CREEK ROAD, BRIDGEWATER VA 22812
Melody D. Emswiler other: Executive Vice President 19136 BOWERS LN, BROADWAY VA 22815
Stephanie E Shillingburg officer: Executive Vice President 1699 LAKEVIEW DRIVE, WOODSTOCK VA 22664
Mark Christopher Hanna officer: President/CEO 495 S. MASON ST., HARRISONBURG VA 22801
Daphyne S. Thomas director 1112 SHARPES DR., HARRISONBURG VA 22801
Hannah W. Hutman director 270 CAMPBELL ST., HARRISONBURG VA 22801
Ferris Garth Knight other: EVP, Chief Banking Officer 465 FREDERICK RD., ROCKINGHAM VA 22801
Paul E. Eberly other: Executive Vice President 4101 LEVI LN, ROCKINGHAM VA 22802
Edward Ray Burkholder director 1760 CHURCHVILLE AVENUE, STAUNTON VA 24401