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Ottawa Bancorp (Ottawa Bancorp) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 06, 2024)


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What is Ottawa Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Ottawa Bancorp's current share price is $11.50. Ottawa Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.21. Ottawa Bancorp's Cyclically Adjusted PB Ratio for today is 0.67.

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

OTTW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.06   Max: 1.27
Current: 0.66

During the past years, Ottawa Bancorp's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.61. And the median was 1.06.

OTTW's Cyclically Adjusted PB Ratio is ranked better than
71.37% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs OTTW: 0.66

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.

Ottawa Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $16.246. 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 $17.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ottawa Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ottawa 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.

Ottawa Bancorp Cyclically Adjusted PB Ratio Chart

Ottawa Bancorp 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 1.07 1.10 1.00 0.80 0.66

Ottawa 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 0.71 0.62 0.65 0.66 0.64

Competitive Comparison of Ottawa Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Ottawa 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.


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

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

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



Ottawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.50/17.21
=0.67

* 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.

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

For example, Ottawa 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)
=16.246/131.7762*131.7762
=16.246

Current CPI (Mar. 2024) = 131.7762.

Ottawa Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.494 100.560 13.752
201409 10.577 100.428 13.879
201412 10.265 99.070 13.654
201503 10.374 99.621 13.722
201506 10.259 100.684 13.427
201509 10.475 100.392 13.750
201512 10.612 99.792 14.013
201603 10.725 100.470 14.067
201606 10.901 101.688 14.126
201609 11.007 101.861 14.240
201612 14.978 101.863 19.377
201703 15.059 102.862 19.292
201706 15.187 103.349 19.364
201709 15.251 104.136 19.299
201712 15.384 104.011 19.491
201803 15.359 105.290 19.223
201806 15.428 106.317 19.123
201809 15.561 106.507 19.253
201812 15.726 105.998 19.551
201903 15.868 107.251 19.497
201906 15.686 108.070 19.127
201909 15.876 108.329 19.312
201912 16.050 108.420 19.508
202003 15.630 108.902 18.913
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 16.354 109.897 19.610
202103 16.647 111.754 19.629
202106 16.179 114.631 18.599
202109 16.206 115.734 18.452
202112 16.311 117.630 18.273
202203 16.125 121.301 17.518
202206 15.991 125.017 16.856
202209 15.972 125.227 16.807
202212 16.131 125.222 16.975
202303 16.080 127.348 16.639
202306 16.174 128.729 16.557
202309 16.079 129.860 16.316
202312 16.310 129.419 16.607
202403 16.246 131.776 16.246

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.


Ottawa Bancorp  (OTCPK:OTTW) 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.


Ottawa Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Ottawa Bancorp (Ottawa Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
925 LaSalle Street, Ottawa, IL, USA, 61350
Ottawa Bancorp Inc is a bank holding company. The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue in the form of interest.
Executives
Craig M Hepner director, officer: COO 925 LASALLE STREET, OTTAWA IL 61350
Jon Kranov director, officer: President & CEO 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Thomas Michael Adler director 925 LASALLE STREET, OTTAWA IL 61350
William Kuiper director 925 LASALLE STREET, OTTAWA IL 61350
John M. Armstrong director OTTAWA SAVINGS BANCORP, INC., 925 LASALLE STREET, OTTAWA IL 61350
Marc N Kingry officer: CFO 925 LASALLE STREET, OTTAWA IL 61350
Mark Stoudt officer: Chief Lending Officer 925 LASALLE STREET, OTTAWA IL 61350
Arthur Mueller director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
James Ferrero director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Keith Johnson director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Daniel Reynolds director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350

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