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Triumph Financial (Triumph Financial) Cyclically Adjusted PB Ratio : 2.70 (As of May. 24, 2024)


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What is Triumph Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Triumph Financial's current share price is $73.71. Triumph Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.34. Triumph Financial's Cyclically Adjusted PB Ratio for today is 2.70.

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

TFIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.56   Max: 3.07
Current: 2.74

During the past years, Triumph Financial's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 1.92. And the median was 2.56.

TFIN's Cyclically Adjusted PB Ratio is ranked worse than
93.29% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs TFIN: 2.74

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.

Triumph Financial's adjusted book value per share data for the three months ended in Mar. 2024 was $35.455. 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 $27.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triumph Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Triumph Financial'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.

Triumph Financial Cyclically Adjusted PB Ratio Chart

Triumph Financial 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 - - - 2.04 3.01

Triumph Financial 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 2.31 2.37 2.48 3.01 2.90

Competitive Comparison of Triumph Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Triumph Financial'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.


Triumph Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Triumph Financial 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.

Triumph Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.71/27.34
=2.70

* 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.

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

For example, Triumph Financial'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)
=35.455/131.7762*131.7762
=35.455

Current CPI (Mar. 2024) = 131.7762.

Triumph Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.854 100.560 10.292
201409 8.452 100.428 11.090
201412 12.679 99.070 16.865
201503 13.523 99.621 17.888
201506 13.732 100.684 17.973
201509 14.089 100.392 18.494
201512 14.335 99.792 18.929
201603 14.675 100.470 19.248
201606 14.912 101.688 19.324
201609 15.175 101.861 19.632
201612 15.466 101.863 20.008
201703 16.078 102.862 20.597
201706 16.589 103.349 21.152
201709 18.080 104.136 22.879
201712 18.349 104.011 23.247
201803 18.886 105.290 23.637
201806 22.755 106.317 28.204
201809 23.097 106.507 28.577
201812 23.622 105.998 29.367
201903 24.194 107.251 29.727
201906 24.557 108.070 29.944
201909 24.990 108.329 30.399
201912 25.499 108.420 30.992
202003 24.453 108.902 29.589
202006 25.281 108.767 30.629
202009 26.109 109.815 31.330
202012 27.416 109.897 32.874
202103 28.896 111.754 34.073
202106 29.765 114.631 34.217
202109 30.875 115.734 35.155
202112 32.349 117.630 36.239
202203 33.450 121.301 36.339
202206 33.907 125.017 35.740
202209 34.568 125.227 36.376
202212 35.087 125.222 36.924
202303 33.470 127.348 34.634
202306 33.884 128.729 34.686
202309 34.578 129.860 35.088
202312 35.164 129.419 35.804
202403 35.455 131.776 35.455

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.


Triumph Financial  (NAS:TFIN) 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.


Triumph Financial Cyclically Adjusted PB Ratio Related Terms

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


Triumph Financial (Triumph Financial) Business Description

Traded in Other Exchanges
Address
12700 Park Central Drive, Suite 1700, Dallas, TX, USA, 75251
Triumph Financial Inc is a is a financial holding company. The company has four reportable segments namely Banking, Factoring, Payments, and Corporate. The Banking segment includes the operations of TBK Bank. The Factoring segment includes the operations of Triumph Financial Services with revenue derived from factoring services, The Payments segment includes the operations of TBK Bank's TriumphPay division which provides a presentment, audit, and payment solution to Shipper, Broker, and Factor clients in the trucking industry and The corporate segment includes holding company financing and investment activities and management and administrative expenses to support the overall operations of the Company.
Executives
Carlos M Sepulveda director 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Aaron P Graft director, officer: President & CEO 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
Todd Ritterbusch officer: EVP & CLO - TBK Bank, SSB 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Adam D Nelson officer: SVP and General Counsel 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
Edward Joseph Schreyer officer: EVP, Chief Operating Officer 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Melissa Forman-barenblit officer: EVP, Pres-TriumphPay-TBK Bank 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Davis R Deadman director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Harrison B. Barnes director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Debra A Bradford director
Michael P Rafferty director 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
Laura Easley director 12700 PARK CENTRAL CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
C Todd Sparks director 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
Charles A Anderson director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Geoffrey Paul Brenner officer: CEO - Triumph Business Capital 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Richard Loren Davis director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251