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Mid-Southern Bancorp (Mid-Southern Bancorp) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 02, 2024)


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What is Mid-Southern Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Mid-Southern Bancorp's current share price is $14.20. Mid-Southern Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $16.40. Mid-Southern Bancorp's Cyclically Adjusted PB Ratio for today is 0.87.

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

MSVB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 0.99
Current: 0.87

During the past years, Mid-Southern Bancorp's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.56. And the median was 0.81.

MSVB's Cyclically Adjusted PB Ratio is ranked better than
54.39% of 1195 companies
in the Banks industry
Industry Median: 0.91 vs MSVB: 0.87

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.

Mid-Southern Bancorp's adjusted book value per share data for the three months ended in Jun. 2023 was $11.812. 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 $16.40 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mid-Southern Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mid-Southern 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.

Mid-Southern Bancorp Cyclically Adjusted PB Ratio Chart

Mid-Southern Bancorp Annual Data
Trend Sep02 Dec03 Dec04 Dec05 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.96 0.80

Mid-Southern Bancorp Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.83 0.82 0.80 0.70 0.80

Competitive Comparison of Mid-Southern Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Mid-Southern 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.


Mid-Southern Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Mid-Southern Bancorp's Cyclically Adjusted PB Ratio falls into.



Mid-Southern 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.

Mid-Southern Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/16.4
=0.87

* 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.

Mid-Southern Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Mid-Southern Bancorp's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=11.812/128.7287*128.7287
=11.812

Current CPI (Jun. 2023) = 128.7287.

Mid-Southern Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200406 9.882 80.037 15.894
200409 10.190 80.121 16.372
200412 10.356 80.290 16.604
200503 10.530 81.555 16.621
200506 10.730 82.062 16.832
200509 10.853 83.876 16.657
200512 11.069 83.032 17.161
200603 11.241 84.298 17.166
200606 11.314 85.606 17.013
200609 11.459 85.606 17.231
200612 0.000 85.142 0.000
200703 11.690 86.640 17.369
200706 11.748 87.906 17.204
200709 11.875 87.964 17.378
200803 12.242 90.090 17.493
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 16.438 104.011 20.344
201803 0.000 105.290 0.000
201806 16.433 106.317 19.897
201809 13.352 106.507 16.138
201812 13.700 105.998 16.638
201903 13.916 107.251 16.703
201906 14.251 108.070 16.975
201909 14.371 108.329 17.077
201912 14.282 108.420 16.957
202003 13.987 108.902 16.534
202006 14.973 108.767 17.721
202009 15.197 109.815 17.814
202012 15.444 109.897 18.090
202103 15.091 111.754 17.383
202106 15.503 114.631 17.410
202109 15.317 115.734 17.037
202112 15.424 117.630 16.879
202203 13.613 121.301 14.447
202206 11.974 125.017 12.330
202209 10.737 125.227 11.037
202212 11.550 125.222 11.873
202303 12.112 127.348 12.243
202306 11.812 128.729 11.812

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.


Mid-Southern Bancorp  (OTCPK:MSVB) 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.


Mid-Southern Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Mid-Southern Bancorp (Mid-Southern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
300 North Water Street, Salem, IN, USA, 47167
Mid-Southern Bancorp Inc is a United States-based savings and loan holding company of Mid-Southern Savings Bank. It is engaged in providing a variety of banking services to individuals and business customers. The bank offers personal banking and business banking services. Its services portfolio comprises checking, savings, card services, and loan products. It also offers online and mobile banking facilities. The company derives revenue from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.
Executives
Eric A. Koch director 300 N. WATER STREET, SALEM IN 47167
James O. King officer: EVP and Senior Loan Officer 300 N. WATER ST., SALEM IN 47167
Robert W. Derossett officer: Chief Financial Officer 300 NORTH WATER STREET, SALEM IN 47167
Alexander G. Babey director, officer: President and CEO 300 NORTH WATER STREET, SALEM IN 47167
Charles W. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Erica B. Schmidt officer: Executive VP and CFO 300 NORTH WATER STREET, SALEM IN 47167
Trent L. Fisher director 300 NORTH WATER STREET, SALEM IN 47167
Frank M. Benson officer: Executive VP, SLO 300 NORTH WATER STREET, SALEM IN 47167
Larry R. Bailey director 300 NORTH WATER STREET, SALEM IN 47167
Brent A. Rosenbaum director 300 NORTH WATER STREET, SALEM IN 47167
Dana J. Dunbar director, other: Chairman of the Board 300 NORTH WATER STREET, SALEM IN 47167
Kermit A. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Paul G. Allemeier director 300 NORTH WATER STREET, SALEM IN 47167