GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BCB Bancorp Inc (FRA:41Y) » Definitions » Cyclically Adjusted PB Ratio

BCB Bancorp (FRA:41Y) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 09, 2024)


View and export this data going back to 2020. Start your Free Trial

What is BCB Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-09), BCB Bancorp's current share price is €8.90. BCB Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.81. BCB Bancorp's Cyclically Adjusted PB Ratio for today is 0.60.

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

FRA:41Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.05   Max: 1.4
Current: 0.59

During the past years, BCB Bancorp's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.57. And the median was 1.05.

FRA:41Y's Cyclically Adjusted PB Ratio is ranked better than
76.47% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs FRA:41Y: 0.59

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.

BCB Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was €17.368. 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 €14.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCB Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BCB 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.

BCB Bancorp Cyclically Adjusted PB Ratio Chart

BCB 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 1.09 0.86 1.09 1.17 0.79

BCB 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 0.84 0.74 0.69 0.79 0.63

Competitive Comparison of BCB Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BCB 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.


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

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

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



BCB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.90/14.81
=0.60

* 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.

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

For example, BCB 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)
=17.368/131.7762*131.7762
=17.368

Current CPI (Mar. 2024) = 131.7762.

BCB Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.043 100.560 11.850
201409 9.503 100.428 12.469
201412 9.879 99.070 13.140
201503 11.311 99.621 14.962
201506 11.199 100.684 14.657
201509 11.420 100.392 14.990
201512 10.937 99.792 14.442
201603 10.588 100.470 13.887
201606 10.478 101.688 13.578
201609 10.474 101.861 13.550
201612 11.029 101.863 14.268
201703 10.519 102.862 13.476
201706 10.457 103.349 13.333
201709 9.911 104.136 12.542
201712 9.912 104.011 12.558
201803 9.555 105.290 11.959
201806 10.526 106.317 13.047
201809 10.630 106.507 13.152
201812 11.076 105.998 13.770
201903 11.696 107.251 14.371
201906 11.890 108.070 14.498
201909 12.328 108.329 14.996
201912 12.304 108.420 14.955
202003 12.511 108.902 15.139
202006 12.547 108.767 15.201
202009 12.062 109.815 14.474
202012 11.974 109.897 14.358
202103 12.435 111.754 14.663
202106 12.565 114.631 14.444
202109 13.126 115.734 14.945
202112 14.316 117.630 16.038
202203 14.764 121.301 16.039
202206 15.130 125.017 15.948
202209 16.820 125.227 17.700
202212 16.239 125.222 17.089
202303 16.464 127.348 17.037
202306 16.473 128.729 16.863
202309 16.887 129.860 17.136
202312 17.036 129.419 17.346
202403 17.368 131.776 17.368

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.


BCB Bancorp  (FRA:41Y) 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.


BCB Bancorp Cyclically Adjusted PB Ratio Related Terms

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


BCB Bancorp (FRA:41Y) Business Description

Industry
Traded in Other Exchanges
Address
104-110 Avenue C, Bayonne, NJ, USA, 07002
BCB Bancorp Inc is a bank holding company. The company offers loans, including commercial and multi-family real estate loans, home equity loans, construction loans, consumer loans, and commercial business loans; FDIC-insured deposit products, such as savings and club accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit and individual retirement accounts, and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, a night depository, debit cards, online banking, gift cards, fraud detection, and automated teller services.

BCB Bancorp (FRA:41Y) Headlines

No Headlines