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Republic First Bancorp (Republic First Bancorp) Cyclically Adjusted PB Ratio : 0.00 (As of May. 14, 2024)


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What is Republic First Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Republic First Bancorp's current share price is $0.006. Republic First Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $4.41. Republic First Bancorp's Cyclically Adjusted PB Ratio for today is 0.00.

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

FRBK's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.935
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Republic First Bancorp's adjusted book value per share data for the three months ended in Sep. 2022 was $2.970. 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 $4.41 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Republic First Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Republic First 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.

Republic First Bancorp Cyclically Adjusted PB Ratio Chart

Republic First Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.51 1.14 0.77 0.90

Republic First Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 0.90 1.21 0.86 0.64 -

Competitive Comparison of Republic First Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Republic First 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.


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

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

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



Republic First 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.006/4.41
=0.00

* 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.

Republic First Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Republic First Bancorp's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.97/125.2265*125.2265
=2.970

Current CPI (Sep. 2022) = 125.2265.

Republic First Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201212 2.680 96.871 3.464
201303 2.703 98.209 3.447
201306 2.659 98.518 3.380
201309 2.572 98.790 3.260
201312 2.411 98.326 3.071
201403 2.494 99.695 3.133
201406 2.938 100.560 3.659
201409 2.949 100.428 3.677
201412 2.981 99.070 3.768
201503 3.010 99.621 3.784
201506 2.998 100.684 3.729
201509 3.025 100.392 3.773
201512 2.996 99.792 3.760
201603 3.082 100.470 3.841
201606 3.127 101.688 3.851
201609 3.156 101.861 3.880
201612 3.789 101.863 4.658
201703 3.838 102.862 4.672
201706 3.902 103.349 4.728
201709 3.952 104.136 4.752
201712 3.974 104.011 4.785
201803 3.986 105.290 4.741
201806 4.005 106.317 4.717
201809 4.011 106.507 4.716
201812 4.171 105.998 4.928
201903 4.222 107.251 4.930
201906 4.272 108.070 4.950
201909 4.263 108.329 4.928
201912 4.234 108.420 4.890
202003 4.284 108.902 4.926
202006 4.336 108.767 4.992
202009 5.147 109.815 5.869
202012 5.234 109.897 5.964
202103 5.238 111.754 5.869
202106 5.441 114.631 5.944
202109 5.491 115.734 5.941
202112 5.501 117.630 5.856
202203 4.346 121.301 4.487
202206 3.684 125.017 3.690
202209 2.970 125.227 2.970

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.


Republic First Bancorp  (OTCPK:FRBK) 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.


Republic First Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Republic First Bancorp (Republic First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
Executives
Michael W Harrington officer: Chief Financial Officer BRYN MAWR TRUST COMPANY, 801 LANCASTER AVENUE, BRYN MAWR PA 19010
Thomas X Geisel director, officer: President and CEO 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Peter B Bartholow director 2100 MCKINNEY AVE, STE 900, DALLAS TX 75201
Michael Laplante officer: SVP/Chief Accounting Officer 191 NORTH ELM AVENUE, NEWTOWN PA 18940
Harry Madonna director C/O REPUBLIC FIRST BANK, 1608 WALNUT ST., PHILADELPHIA PA 19103
Jonathan D. Hill officer: Interim CFO C/O REPUBLIC FIRST BANCORP, INC., 50 S. 16TH STREET. SUITE 2400, PHILADELPHIA PA 19102
Jay M Neilon officer: Chief Credit Officer 35 SKYLINE DRIVE, GLEN MILLS PA 19342
Andrew J Logue officer: Chief Operations Officer 4 TUSCANY WAY, MT. LAUREL NJ 08054
Barry Spevak director 1608 WALNUT STREET, SUITE 1000, PHILADELPHIA PA 19103
Flocco Theodore J Jr director 11 BROOKWOOD ROAD, MT. LAUREL NJ 08054
Tracie Young officer: Chief Risk Officer 50 S. 16TH STREET, SUITE 2400, PHILADELPHIA PA 19102
Harris Wildstein director 1522 MEADOWBROOK RD, MEADOWBROOK PA 19046-1011
Frank A. Cavallaro officer: Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Hill Vernon W Ii director 17000 HORIZON WAY, SUITE 100, MT. LAUREL NJ 08054