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Cadence Bank (FRA:BTO0) Cyclically Adjusted PB Ratio : 1.09 (As of May. 28, 2024)


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What is Cadence Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Cadence Bank's current share price is €26.00. Cadence Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.76. Cadence Bank's Cyclically Adjusted PB Ratio for today is 1.09.

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

FRA:BTO0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.44   Max: 2.03
Current: 1.09

During the past years, Cadence Bank's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 0.73. And the median was 1.44.

FRA:BTO0's Cyclically Adjusted PB Ratio is ranked worse than
62.7% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs FRA:BTO0: 1.09

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.

Cadence Bank's adjusted book value per share data for the three months ended in Mar. 2024 was €25.296. 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 €23.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cadence Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cadence 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.

Cadence Bank Cyclically Adjusted PB Ratio Chart

Cadence 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 1.66 1.37 1.34 1.02 1.17

Cadence 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 0.84 0.79 0.84 1.17 1.12

Competitive Comparison of Cadence Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Cadence 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.


Cadence Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Cadence 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.

Cadence Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.00/23.76
=1.09

* 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.

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

For example, Cadence 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)
=25.296/131.7762*131.7762
=25.296

Current CPI (Mar. 2024) = 131.7762.

Cadence Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.175 100.560 15.954
201409 13.010 100.428 17.071
201412 13.532 99.070 17.999
201503 15.746 99.621 20.828
201506 15.473 100.684 20.251
201509 15.596 100.392 20.472
201512 16.139 99.792 21.312
201603 15.973 100.470 20.950
201606 16.126 101.688 20.897
201609 16.329 101.861 21.125
201612 17.442 101.863 22.564
201703 17.237 102.862 22.082
201706 16.542 103.349 21.092
201709 15.795 104.136 19.987
201712 16.029 104.011 20.308
201803 16.771 105.290 20.990
201806 17.971 106.317 22.274
201809 18.409 106.507 22.777
201812 19.428 105.998 24.153
201903 19.891 107.251 24.440
201906 20.462 108.070 24.951
201909 21.574 108.329 26.243
201912 21.681 108.420 26.352
202003 22.176 108.902 26.834
202006 22.213 108.767 26.912
202009 21.652 109.815 25.982
202012 21.283 109.897 25.520
202103 21.758 111.754 25.656
202106 22.181 114.631 25.498
202109 22.721 115.734 25.870
202112 23.876 117.630 26.747
202203 22.153 121.301 24.066
202206 22.143 125.017 23.340
202209 22.144 125.227 23.302
202212 21.445 125.222 22.567
202303 22.104 127.348 22.873
202306 21.828 128.729 22.345
202309 21.696 129.860 22.016
202312 25.076 129.419 25.533
202403 25.296 131.776 25.296

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.


Cadence Bank  (FRA:BTO0) 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.


Cadence Bank Cyclically Adjusted PB Ratio Related Terms

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


Cadence Bank (FRA:BTO0) Business Description

Industry
Traded in Other Exchanges
Address
201 South Spring Street, One Mississippi Plaza, Tupelo, MS, USA, 38804
Cadence Bank is a bank based in the United States. The operating segments 1) Banking Services segment provides all traditional banking products and services, including commercial loans and deposits. 2) Mortgage segment includes mortgage banking activities of originating mortgage loans, and selling mortgage loans in the secondary market.3) Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities solutions to help protect, grow and transfer wealth. 4) Insurance Agencies segment provides service as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, etc. 5) General Corporate and Other segment included other activities not allocated to other aforementioned operating segments.

Cadence Bank (FRA:BTO0) Headlines

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