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Waynevings Bancshares (Waynevings Bancshares) Cyclically Adjusted PB Ratio : 1.14 (As of Jun. 09, 2024)


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What is Waynevings Bancshares Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Waynevings Bancshares's current share price is $24.27. Waynevings Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.24. Waynevings Bancshares's Cyclically Adjusted PB Ratio for today is 1.14.

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

WAYN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.25   Max: 1.63
Current: 1.14

During the past years, Waynevings Bancshares's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.76. And the median was 1.25.

WAYN's Cyclically Adjusted PB Ratio is ranked worse than
66.42% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs WAYN: 1.14

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.

Waynevings Bancshares's adjusted book value per share data for the three months ended in Mar. 2024 was $24.085. 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 $21.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waynevings Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Waynevings Bancshares'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.

Waynevings Bancshares Cyclically Adjusted PB Ratio Chart

Waynevings Bancshares 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 1.50 1.32 1.44 1.38 1.16

Waynevings Bancshares 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 1.37 1.28 1.31 1.16 1.14

Competitive Comparison of Waynevings Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Waynevings Bancshares'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.


Waynevings Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Waynevings Bancshares 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.

Waynevings Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.27/21.24
=1.14

* 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.

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

For example, Waynevings Bancshares'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)
=24.085/131.7762*131.7762
=24.085

Current CPI (Mar. 2024) = 131.7762.

Waynevings Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.127 100.560 18.512
201409 14.242 100.428 18.688
201412 14.252 99.070 18.957
201503 14.381 99.621 19.023
201506 14.175 100.684 18.552
201509 14.284 100.392 18.750
201512 14.345 99.792 18.943
201603 14.632 100.470 19.191
201606 14.831 101.688 19.219
201609 14.884 101.861 19.255
201612 14.749 101.863 19.080
201703 14.882 102.862 19.065
201706 15.115 103.349 19.273
201709 15.313 104.136 19.378
201712 15.369 104.011 19.472
201803 15.390 105.290 19.262
201806 15.702 106.317 19.462
201809 15.983 106.507 19.775
201812 16.641 105.998 20.688
201903 17.173 107.251 21.100
201906 17.811 108.070 21.718
201909 18.228 108.329 22.173
201912 18.599 108.420 22.606
202003 18.768 108.902 22.710
202006 19.748 108.767 23.926
202009 20.392 109.815 24.470
202012 20.990 109.897 25.169
202103 21.144 111.754 24.932
202106 21.664 114.631 24.904
202109 22.250 115.734 25.334
202112 22.672 117.630 25.399
202203 21.119 121.301 22.943
202206 19.334 125.017 20.379
202209 18.940 125.227 19.931
202212 20.399 125.222 21.467
202303 21.821 127.348 22.580
202306 22.060 128.729 22.582
202309 21.635 129.860 21.954
202312 24.066 129.419 24.504
202403 24.085 131.776 24.085

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.


Waynevings Bancshares  (OTCPK:WAYN) 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.


Waynevings Bancshares Cyclically Adjusted PB Ratio Related Terms

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


Waynevings Bancshares (Waynevings Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
151 North Market Street, Wooster, OH, USA, 44691
Wayne Savings Bancshares Inc a bank holding company. It offers services such as checking accounts, savings, business loans, online banking, mobile banking, and overdraft protection among others. The bank generates its revenue in the form of interest income.
Executives
Joel Dale Beckler officer: SVP, Senior Loan Officer 3058 BAYBERRY COVE, WOOSTER OH 44691
Brian Hopkins director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
James R Vansickle director, officer: President and CEO 112 WEST MARKET STREET, PO BOX 57, ORRVILLE OH 44667
Glenn W Miller director 151 N MARKET ST, WOOSTER OH 44691
David L Lehman director 151 N MARKET ST, WOOSTER OH 44691
Myron L Swartzentruber officer: Senior Vice Preisdent/CFO C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Debra A Marthey director 151 N MARKET ST, WOOSTER OH 44691
Jonathan Ciccotelli director C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Rod C Steiger director
Daniel R Buehler director WAYNE SAVINGS BANCSHARES INC, 151 NORTH MARKET STREET, WOOSTER OH 44691
Steven G Dimos officer: EVP/Chief Operations Officer C/O WAYNE SAVINGS COMMUNITY BANK, 151 NORTH MARKET STREET, WOOSTER OH 44691
Peggy J Schmitz director WAYNE SAVINGS COMMUNITY BANK, 151 N MARKET STREET, WOOSTER OH 44691
Bryan K Fehr officer: See footnote (1) 151 N MARKET STREET, WOOSTER OH 44691
Fitz Gibbon H Stewart Iii officer: See footnote (1) WAYNE SAVINGS BANCSHARES, 151 N. MARKET STREET, WOOSTER OH 44691
Phillip E Becker officer: EVP/CHIEF LENDING OFFICER WAYNE SAVINGS BANCSHARES INC, 151 N. MARKET STREET, WOOSTER OH 44691

Waynevings Bancshares (Waynevings Bancshares) Headlines