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Greene County Bancorp (Greene County Bancorp) Cyclically Adjusted PB Ratio : 3.85 (As of Jun. 11, 2024)


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What is Greene County Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Greene County Bancorp's current share price is $30.80. Greene County Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.00. Greene County Bancorp's Cyclically Adjusted PB Ratio for today is 3.85.

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

GCBC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.14   Max: 5.67
Current: 3.85

During the past years, Greene County Bancorp's highest Cyclically Adjusted PB Ratio was 5.67. The lowest was 1.95. And the median was 3.14.

GCBC's Cyclically Adjusted PB Ratio is ranked worse than
95.56% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs GCBC: 3.85

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.

Greene County Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $11.698. 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 $8.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greene County Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greene County 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.

Greene County Bancorp Cyclically Adjusted PB Ratio Chart

Greene County Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 2.37 2.57 3.47 4.08

Greene County 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 3.21 4.08 3.19 3.67 3.60

Competitive Comparison of Greene County Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Greene County 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.


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

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

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



Greene County 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.80/8
=3.85

* 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.

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

For example, Greene County 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)
=11.698/131.7762*131.7762
=11.698

Current CPI (Mar. 2024) = 131.7762.

Greene County Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.631 100.560 4.758
201409 3.723 100.428 4.885
201412 3.820 99.070 5.081
201503 3.899 99.621 5.157
201506 3.962 100.684 5.186
201509 4.070 100.392 5.342
201512 4.182 99.792 5.522
201603 4.306 100.470 5.648
201606 4.383 101.688 5.680
201609 4.502 101.861 5.824
201612 4.609 101.863 5.963
201703 4.760 102.862 6.098
201706 4.911 103.349 6.262
201709 5.107 104.136 6.463
201712 5.265 104.011 6.670
201803 5.434 105.290 6.801
201806 5.633 106.317 6.982
201809 5.835 106.507 7.219
201812 6.098 105.998 7.581
201903 6.340 107.251 7.790
201906 6.581 108.070 8.025
201909 6.824 108.329 8.301
201912 7.061 108.420 8.582
202003 7.282 108.902 8.812
202006 7.565 108.767 9.165
202009 7.813 109.815 9.375
202012 8.148 109.897 9.770
202103 8.169 111.754 9.633
202106 8.785 114.631 10.099
202109 9.094 115.734 10.355
202112 9.396 117.630 10.526
202203 9.217 121.301 10.013
202206 9.263 125.017 9.764
202209 9.373 125.227 9.863
202212 9.879 125.222 10.396
202303 10.494 127.348 10.859
202306 10.764 128.729 11.019
202309 10.816 129.860 10.976
202312 11.470 129.419 11.679
202403 11.698 131.776 11.698

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.


Greene County Bancorp  (NAS:GCBC) 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.


Greene County Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Greene County Bancorp (Greene County Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
302 Main Street, Catskill, NY, USA, 12414
Greene County Bancorp Inc is a holding firm. Its primary business involves overseeing and directing the business of The Bank of Greene County and monitoring its cash position. Through its directly and indirectly owned subsidiaries, the company engages in attracting retail deposits, along with funds generated from operations and borrowings, primarily in one to four-family residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans, and commercial business loans. It also serves local municipalities' banking needs and operates a real estate investment trust.
Executives
Tejraj S Hada director 302 MAIN STREET, CATSKILL NY 12414
Donald E Gibson officer: President and CEO 302 MAIN STREET, CATSKILL NY 12414
Michelle M Plummer officer: SVP, COO & CFO
Stephen E Nelson officer: Vice President - Lending
Jay P. Cahalan director 302 MAIN STREET, CATSKILL NY 12414
Peter W. Hogan director 302 MAIN STREET, CATSKILL NY 12414
Perry Martin Lasher officer: EVP, Chief Lending Officer 302 MAIN STREET, CATSKILL NY 12414
Paul Slutzky director
Charles H Schaefer director
Arthur Place director 425 MAIN STREET, CATSKILL NY 12414
Dennis R Ogrady director
J Bruce Whittaker director, officer: President & CEO
Bruce P Egger officer: SVP, Corporate Secretary
David H Jenkins director
Martin C Smith director