GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Colony Bankcorp Inc (NAS:CBAN) » Definitions » Cyclically Adjusted Book per Share

Colony Bankcorp (Colony Bankcorp) Cyclically Adjusted Book per Share : $13.97 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Colony Bankcorp Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Colony Bankcorp's adjusted book value per share for the three months ended in Dec. 2023 was $14.514. 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 $13.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Colony Bankcorp's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Colony Bankcorp was 9.30% per year. The lowest was -1.10% per year. And the median was 1.70% per year.

As of today (2024-04-30), Colony Bankcorp's current stock price is $11.00. Colony Bankcorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.97. Colony Bankcorp's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Colony Bankcorp was 1.87. The lowest was 0.55. And the median was 1.08.


Colony Bankcorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Colony Bankcorp's Cyclically Adjusted Book per Share 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.

Colony Bankcorp Cyclically Adjusted Book per Share Chart

Colony Bankcorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 10.72 12.07 13.14 13.97

Colony Bankcorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 13.45 13.69 13.90 13.97 -

Competitive Comparison of Colony Bankcorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Colony Bankcorp'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.


Colony Bankcorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Colony Bankcorp Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Colony Bankcorp's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.514/129.4194*129.4194
=14.514

Current CPI (Dec. 2023) = 129.4194.

Colony Bankcorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.625 99.695 9.898
201406 7.964 100.560 10.250
201409 8.090 100.428 10.425
201412 8.416 99.070 10.994
201503 8.812 99.621 11.448
201506 8.847 100.684 11.372
201509 9.231 100.392 11.900
201512 9.176 99.792 11.900
201603 9.778 100.470 12.595
201606 10.125 101.688 12.886
201609 10.235 101.861 13.004
201612 9.957 101.863 12.651
201703 10.174 102.862 12.801
201706 10.545 103.349 13.205
201709 10.854 104.136 13.489
201712 10.703 104.011 13.318
201803 10.660 105.290 13.103
201806 10.457 106.317 12.729
201809 10.537 106.507 12.804
201812 11.331 105.998 13.835
201903 11.968 107.251 14.442
201906 13.318 108.070 15.949
201909 13.649 108.329 16.306
201912 13.739 108.420 16.400
202003 14.325 108.902 17.024
202006 14.591 108.767 17.361
202009 14.775 109.815 17.413
202012 15.211 109.897 17.913
202103 15.106 111.754 17.494
202106 15.465 114.631 17.460
202109 15.879 115.734 17.757
202112 15.921 117.630 17.517
202203 14.231 121.301 15.183
202206 13.344 125.017 13.814
202209 12.815 125.227 13.244
202212 13.085 125.222 13.524
202303 13.572 127.348 13.793
202306 13.651 128.729 13.724
202309 13.587 129.860 13.541
202312 14.514 129.419 14.514

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Colony Bankcorp  (NAS:CBAN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Colony Bankcorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/13.97
=0.79

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Colony Bankcorp was 1.87. The lowest was 0.55. And the median was 1.08.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Colony Bankcorp Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Colony Bankcorp's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Colony Bankcorp (Colony Bankcorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
115 South Grant Street, Fitzgerald, GA, USA, 31750
Colony Bankcorp Inc is a bank holding company. The bank provides a broad range of banking services to its retail and commercial customers. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans, agri-business and production loans, residential mortgage loans, consumer loans, and a variety of demand, savings, and time deposit products. The company's segments include banking, mortgage banking, and small business specialty lending division. It generates maximum revenue from the banking segment.
Executives
Harold Wyatt director 115 S GRANT STREET, P. O. BOX 989, FITZGERALD GA 31750
Matthew D. Reed director 115 S. GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Lee Bagwell officer: Executive VP 1000 LEE AVENUE, DOUGLAS GA 31533
Bateman Leonard H Jr officer: EVP & Chief Credit Officer 101 CALUMET CENTER ROAD, LAGRANGE GA 30241
Audrey Hollingsworth director 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Scott Lowell Downing director 238 NEWCOMER TRAIL, FITZGERALD GA 31750
Kimberly C. Dockery officer: Exec. Chief Admin Officer P.O. BOX 920, LEESBURG GA 31763
T Heath Fountain director, officer: President and CEO C/O COLONY BANKCORP, INC., 115 S. GRANT ST. P.O. BOX 989, FITZGERALD GA 31750
Copeland R Dallis Jr officer: President 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Hoyle M. Edward Jr. officer: Chief Banking Officer, EVP 115 SOUTH GRANT STREET, FITZGERALD GA 31750
David Andrew Borrmann officer: EVP P.O. BOX 17465, GREENVILLE SC 29606
Meagan M. Mowry director 115 S GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Brian D Schmitt director, other: Executive Vice Chairman 115 S GRANT STREET, FITZGERALD GA 31750
M Frederick Dwozan director 718 MEDICAL CENTER DRIVE, EASTMAN GA 31023-6736
Loomis Edward Percy Jr director 115 S GRANT STREET, FITZGERALD GA 31750