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Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 04, 2024)


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What is Peoples Bancorp of North Carolina Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Peoples Bancorp of North Carolina's current share price is $30.40. Peoples Bancorp of North Carolina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $24.17. Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio for today is 1.26.

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

PEBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.29   Max: 2.2
Current: 1.26

During the past years, Peoples Bancorp of North Carolina's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 0.75. And the median was 1.29.

PEBK's Cyclically Adjusted PB Ratio is ranked worse than
72.48% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs PEBK: 1.26

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.

Peoples Bancorp of North Carolina's adjusted book value per share data for the three months ended in Mar. 2024 was $22.194. 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 $24.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peoples Bancorp of North Carolina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Peoples Bancorp of North Carolina'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.

Peoples Bancorp of North Carolina Cyclically Adjusted PB Ratio Chart

Peoples Bancorp of North Carolina 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 1.87 1.23 1.31 1.44 1.31

Peoples Bancorp of North Carolina 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 1.38 0.78 0.93 1.31 1.15

Competitive Comparison of Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Peoples Bancorp of North Carolina'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.


Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio falls into.



Peoples Bancorp of North Carolina 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.

Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.40/24.17
=1.26

* 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.

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

For example, Peoples Bancorp of North Carolina'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)
=22.194/131.7762*131.7762
=22.194

Current CPI (Mar. 2024) = 131.7762.

Peoples Bancorp of North Carolina Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.059 100.560 19.734
201409 15.570 100.428 20.430
201412 15.981 99.070 21.257
201503 16.443 99.621 21.750
201506 16.470 100.684 21.556
201509 16.922 100.392 22.212
201512 17.300 99.792 22.845
201603 17.778 100.470 23.317
201606 18.441 101.688 23.897
201609 18.566 101.861 24.019
201612 18.026 101.863 23.320
201703 18.413 102.862 23.589
201706 19.010 103.349 24.239
201709 19.374 104.136 24.516
201712 19.344 104.011 24.508
201803 19.429 105.290 24.317
201806 19.710 106.317 24.430
201809 19.969 106.507 24.707
201812 20.619 105.998 25.633
201903 21.107 107.251 25.934
201906 21.899 108.070 26.703
201909 22.442 108.329 27.299
201912 22.685 108.420 27.572
202003 23.128 108.902 27.986
202006 23.679 108.767 28.688
202009 24.095 109.815 28.914
202012 24.173 109.897 28.986
202103 24.188 111.754 28.521
202106 25.111 114.631 28.867
202109 25.354 115.734 28.868
202112 25.147 117.630 28.171
202203 22.179 121.301 24.094
202206 19.927 125.017 21.004
202209 18.423 125.227 19.387
202212 18.662 125.222 19.639
202303 20.362 127.348 21.070
202306 20.099 128.729 20.575
202309 19.343 129.860 19.628
202312 21.866 129.419 22.264
202403 22.194 131.776 22.194

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.


Peoples Bancorp of North Carolina  (NAS:PEBK) 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.


Peoples Bancorp of North Carolina Cyclically Adjusted PB Ratio Related Terms

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


Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Business Description

Traded in Other Exchanges
N/A
Address
518 West C Street, Newton, NC, USA, 28658
Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.
Executives
James S Abernethy director
Douglas S Howard director 518 WEST C. STREET, NEWTON NC 28658
Price Billy L Jr Dr director
Benjamin I Zachary director P O BOX 467, NEWTON NC 286580467
Lance A Sellers officer: EVP and Chief Credit Officer
William D Cable officer: EVP and COO P O BOX 467, NEWTON NC 286580467
Timothy Paul Turner officer: EVP, Chief Credit Officer PO BOX 467, NEWTON NC 28658
James Owen Perry officer: EVP Chief Retail Banking Offcr PO BOX 467, NEWTON NC 28658
Kim Boyd-leaks director, officer: Chief Banking Support Officer PO BOX 467, NEWTON NC 28658
Christine S Abernethy 10 percent owner 518 WEST C STREET, NEWTON NC 28658
Robert C Abernethy director, officer: Chairman P O BOX 467, NEWTON NC 286580467
A Joseph Lampron officer: EVP & CFO P O BOX 467, NEWTON NC 286580467
Jeffrey N. Hooper officer: EVP/Chief Financial Officer 518 WEST C ST, NEWTON NC 28658
Lineberger John W Jr director 2200 WEST LOOP STE 900, C/O IEC CO, HOUSTON TX 77027
William Gregory Terry director 218 SOUTH MAIN STREET, NEWTON NC 28658

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