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Kentucky First Federal Bancorp (Kentucky First Federal Bancorp) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 11, 2024)


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What is Kentucky First Federal Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Kentucky First Federal Bancorp's current share price is $3.35. Kentucky First Federal Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.83. Kentucky First Federal Bancorp's Cyclically Adjusted PB Ratio for today is 0.38.

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

KFFB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.93   Max: 1.22
Current: 0.37

During the past years, Kentucky First Federal Bancorp's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.37. And the median was 0.93.

KFFB's Cyclically Adjusted PB Ratio is ranked better than
88.79% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs KFFB: 0.37

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.

Kentucky First Federal Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $6.061. 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 $8.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kentucky First Federal Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kentucky First Federal 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.

Kentucky First Federal Bancorp Cyclically Adjusted PB Ratio Chart

Kentucky First Federal 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 0.93 0.80 0.86 0.88 0.70

Kentucky First Federal 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 0.70 0.70 0.56 0.50 0.43

Competitive Comparison of Kentucky First Federal Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kentucky First Federal 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.


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

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

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



Kentucky First Federal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.35/8.83
=0.38

* 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.

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

For example, Kentucky First Federal 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)
=6.061/131.7762*131.7762
=6.061

Current CPI (Mar. 2024) = 131.7762.

Kentucky First Federal Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.844 100.560 10.279
201409 7.845 100.428 10.294
201412 7.904 99.070 10.513
201503 7.903 99.621 10.454
201506 7.935 100.684 10.385
201509 7.958 100.392 10.446
201512 7.967 99.792 10.520
201603 7.950 100.470 10.427
201606 7.958 101.688 10.313
201609 7.955 101.861 10.291
201612 7.994 101.863 10.342
201703 7.963 102.862 10.201
201706 7.951 103.349 10.138
201709 7.947 104.136 10.056
201712 8.013 104.011 10.152
201803 7.995 105.290 10.006
201806 7.958 106.317 9.864
201809 7.989 106.507 9.884
201812 7.969 105.998 9.907
201903 7.956 107.251 9.775
201906 7.957 108.070 9.702
201909 7.948 108.329 9.668
201912 7.940 108.420 9.650
202003 7.936 108.902 9.603
202006 6.291 108.767 7.622
202009 6.287 109.815 7.544
202012 6.293 109.897 7.546
202103 6.307 111.754 7.437
202106 6.357 114.631 7.308
202109 6.392 115.734 7.278
202112 6.408 117.630 7.179
202203 6.407 121.301 6.960
202206 6.380 125.017 6.725
202209 6.331 125.227 6.662
202212 6.344 125.222 6.676
202303 6.315 127.348 6.535
202306 6.271 128.729 6.419
202309 6.140 129.860 6.231
202312 6.082 129.419 6.193
202403 6.061 131.776 6.061

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.


Kentucky First Federal Bancorp  (NAS:KFFB) 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.


Kentucky First Federal Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Kentucky First Federal Bancorp (Kentucky First Federal Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
216 West Main Street, P.O. Box 535, Frankfort, KY, USA, 40602
Kentucky First Federal Bancorp is a holding company. The company through its subsidiaries is engaged mainly in the business of accepting deposits from the general public and using such funds to originate loans secured by first mortgages on owner-occupied, residential real estate and other loans secured by real estate. Its primary products and services include Residential mortgage loans, Multi-family loans, Construction loans and types of deposits, etc. The company mainly operates in Perry, Franklin, Boyle and Garrard and surrounding counties in Kentucky, US.
Executives
Ecton Walter G Jr director 479 MAIN STREET, HAZARD KY 41702
Teresa K Hulette officer: EVP-First Federal of Frankfort P.O. BOX 535, FRANKFORT KY 40602
R Clay Hulette officer: V.P., CFO & Treasurer 216 WEST MAIN STREET, P.O. BOX 535, FRANKFORT KY 40602
C Michael Davenport director 216 WEST MAIN STREET, P.O. BOX 535, FRANKFORT KY 40602
Don D Jennings director, officer: President & COO C/O FIRST FEDERAL, P O BOX 535, FRANKFORT KY 40602
Tony D Whitaker director, 10 percent owner, officer: CEO & Chairman of the Board 479 MAIN STREET, HAZARD KY 41702
Jaime Steele Coffey officer: President & CEO--First Federal, other: President of First Federal MHC C/O KENTUCKY FIRST FEDERAL BANCORP, 655 MAIN STREET, HAZARD KY 41702
Lou Ella Farler officer: Pres. & CEO-FFS&L of Hazard P.O. BOX 535, FRANKFORT KY 40602
William H Johnson director, officer: Area Pres.-FFSB of Kentucky 340 WEST MAIN STREET, DANVILLE KY 40422
Hudson W Banks Iii director 340 WEST MAIN STREET, DANVILLE KY 40422
Gorman William D Jr director 479 MAIN STREET, HAZARD KY 41702
Federal Mhc First 10 percent owner 479 MAIN STREET, HAZARD KY 41702
William D Gorman director 479 MAIN STREET, HAZARD KY 41702
Pulliam Roy L Jr officer: Vice President & Secretary 479 MAIN STREET, HAZARD KY 41702
Regan Herman D Jr director 216 WEST MAIN STREET, P.O. BOX 535, FRANKFORT KY 40602

Kentucky First Federal Bancorp (Kentucky First Federal Bancorp) Headlines