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Capital City Bank Group (FRA:BK3) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 10, 2024)


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What is Capital City Bank Group Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Capital City Bank Group's current share price is €24.60. Capital City Bank Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €20.78. Capital City Bank Group's Cyclically Adjusted PB Ratio for today is 1.18.

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

FRA:BK3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 1.75
Current: 1.2

During the past years, Capital City Bank Group's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.61. And the median was 1.26.

FRA:BK3's Cyclically Adjusted PB Ratio is ranked worse than
69.21% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs FRA:BK3: 1.20

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.

Capital City Bank Group's adjusted book value per share data for the three months ended in Dec. 2023 was €24.238. 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 €20.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital City Bank Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capital City Bank Group'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.

Capital City Bank Group Cyclically Adjusted PB Ratio Chart

Capital City Bank Group 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 1.75 1.38 1.35 1.54 1.31

Capital City Bank Group 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 1.35 1.39 1.33 1.31 -

Competitive Comparison of Capital City Bank Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Capital City Bank Group'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.


Capital City Bank Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Capital City Bank Group's Cyclically Adjusted PB Ratio falls into.



Capital City Bank Group 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.

Capital City Bank Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.60/20.78
=1.18

* 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.

Capital City Bank Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Capital City Bank Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.238/129.4194*129.4194
=24.238

Current CPI (Dec. 2023) = 129.4194.

Capital City Bank Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.612 99.695 15.074
201406 11.877 100.560 15.286
201409 12.609 100.428 16.249
201412 12.669 99.070 16.550
201503 14.445 99.621 18.766
201506 14.130 100.684 18.163
201509 14.222 100.392 18.334
201512 14.680 99.792 19.038
201603 14.435 100.470 18.594
201606 14.556 101.688 18.526
201609 14.665 101.861 18.633
201612 15.486 101.863 19.675
201703 15.335 102.862 19.294
201706 14.769 103.349 18.495
201709 14.104 104.136 17.528
201712 14.136 104.011 17.589
201803 13.721 105.290 16.866
201806 14.734 106.317 17.936
201809 14.972 106.507 18.193
201812 15.881 105.998 19.390
201903 16.265 107.251 19.627
201906 16.626 108.070 19.911
201909 17.433 108.329 20.827
201912 17.548 108.420 20.947
202003 18.065 108.902 21.469
202006 18.331 108.767 21.812
202009 18.064 109.815 21.289
202012 16.784 109.897 19.766
202103 17.540 111.754 20.313
202106 17.570 114.631 19.837
202109 18.288 115.734 20.450
202112 20.691 117.630 22.765
202203 20.502 121.301 21.874
202206 21.295 125.017 22.045
202209 22.801 125.227 23.564
202212 22.009 125.222 22.747
202303 23.044 127.348 23.419
202306 23.333 128.729 23.458
202309 23.611 129.860 23.531
202312 24.238 129.419 24.238

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.


Capital City Bank Group  (FRA:BK3) 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.


Capital City Bank Group Cyclically Adjusted PB Ratio Related Terms

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


Capital City Bank Group (FRA:BK3) Business Description

Traded in Other Exchanges
Address
217 North Monroe Street, Tallahassee, FL, USA, 32301
Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.

Capital City Bank Group (FRA:BK3) Headlines

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