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BayCom (FRA:B2J) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 07, 2024)


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What is BayCom Cyclically Adjusted PB Ratio?

As of today (2024-06-07), BayCom's current share price is €17.50. BayCom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.41. BayCom's Cyclically Adjusted PB Ratio for today is 0.90.

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

FRA:B2J' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.15   Max: 1.56
Current: 0.9

During the past years, BayCom's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.85. And the median was 1.15.

FRA:B2J's Cyclically Adjusted PB Ratio is ranked better than
51.68% of 1192 companies
in the Banks industry
Industry Median: 0.91 vs FRA:B2J: 0.90

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.

BayCom's adjusted book value per share data for the three months ended in Mar. 2024 was €25.410. 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 €19.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BayCom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BayCom'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.

BayCom Cyclically Adjusted PB Ratio Chart

BayCom 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 - - 1.30 1.12 1.16

BayCom 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 0.95 0.89 0.98 1.16 0.96

Competitive Comparison of BayCom's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BayCom'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.


BayCom's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



BayCom 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.

BayCom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.50/19.41
=0.90

* 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.

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

For example, BayCom'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)
=25.41/131.7762*131.7762
=25.410

Current CPI (Mar. 2024) = 131.7762.

BayCom Quarterly Data

Book Value per Share CPI Adj_Book
200706 0.043 87.906 0.064
200709 0.043 87.964 0.064
200712 6.715 88.616 9.985
200803 6.350 90.090 9.288
200812 7.462 88.697 11.086
201312 7.684 98.326 10.298
201409 0.000 100.428 0.000
201412 9.676 99.070 12.870
201509 11.909 100.392 15.632
201512 12.096 99.792 15.973
201612 13.523 101.863 17.494
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 13.372 104.011 16.942
201803 9.145 105.290 11.446
201806 15.250 106.317 18.902
201809 15.557 106.507 19.248
201812 16.235 105.998 20.183
201903 16.772 107.251 20.607
201906 17.229 108.070 21.008
201909 18.134 108.329 22.059
201912 18.385 108.420 22.346
202003 18.763 108.902 22.704
202006 18.882 108.767 22.876
202009 18.321 109.815 21.985
202012 18.382 109.897 22.042
202103 19.113 111.754 22.537
202106 19.591 114.631 22.521
202109 20.465 115.734 23.302
202112 21.760 117.630 24.377
202203 21.552 121.301 23.413
202206 22.510 125.017 23.727
202209 24.286 125.227 25.556
202212 23.320 125.222 24.541
202303 23.528 127.348 24.346
202306 23.813 128.729 24.377
202309 24.662 129.860 25.026
202312 24.837 129.419 25.289
202403 25.410 131.776 25.410

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.


BayCom  (FRA:B2J) 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.


BayCom Cyclically Adjusted PB Ratio Related Terms

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


BayCom (FRA:B2J) Business Description

Industry
Traded in Other Exchanges
Address
500 Ygnacio Valley Road, Suite 200, Walnut Creek, CA, USA, 94596
BayCom Corp is a bank holding company for United Business Bank. It provides a broad range of financial services to businesses and business owners as well as individuals through its full-service branches and loan production office. The company targets its services to small and medium-sized businesses, professional firms, real estate professionals, nonprofit businesses, labor unions, and related nonprofit entities and businesses and individual consumers. Its products and services include deposit products, personal accounts, loans, online banking, cash management, and business savings services.

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