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First Advantage Bancorp (First Advantage Bancorp) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2019)


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What is First Advantage Bancorp 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.

First Advantage Bancorp's adjusted book value per share for the three months ended in Dec. 2019 was $20.332. 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 $0.00 for the trailing ten years ended in Dec. 2019.

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.

As of today (2024-05-05), First Advantage Bancorp's current stock price is $17.75. First Advantage Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2019 was $0.00. First Advantage Bancorp's Cyclically Adjusted PB Ratio of today is .


First Advantage Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for First Advantage Bancorp'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.

First Advantage Bancorp Cyclically Adjusted Book per Share Chart

First Advantage Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Book per Share
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First Advantage Bancorp Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of First Advantage Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, First Advantage 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.


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

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

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



First Advantage Bancorp 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, First Advantage Bancorp's adjusted Book Value per Share data for the three months ended in Dec. 2019 was:

Adj_Book= Book Value per Share /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=20.332/108.4201*108.4201
=20.332

Current CPI (Dec. 2019) = 108.4201.

First Advantage Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200906 15.819 91.003 18.847
200909 16.097 91.120 19.153
200912 15.774 91.111 18.771
201003 15.781 91.821 18.634
201006 16.250 91.962 19.158
201009 16.343 92.162 19.226
201012 16.244 92.474 19.045
201103 16.364 94.283 18.818
201106 16.577 95.235 18.872
201109 16.617 95.727 18.820
201112 16.461 95.213 18.744
201203 16.742 96.783 18.755
201206 16.938 96.819 18.968
201209 16.942 97.633 18.814
201212 16.845 96.871 18.853
201312 15.662 98.326 17.270
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 17.783 99.070 19.461
201503 17.766 99.621 19.335
201506 17.974 100.684 19.355
201509 18.020 100.392 19.461
201512 18.237 99.792 19.814
201603 18.357 100.470 19.809
201606 18.508 101.688 19.733
201609 18.598 101.861 19.796
201612 18.484 101.863 19.674
201703 18.611 102.862 19.617
201706 18.799 103.349 19.721
201709 19.073 104.136 19.858
201712 19.328 104.011 20.147
201803 19.465 105.290 20.044
201806 17.963 106.317 18.318
201809 19.400 106.507 19.749
201812 19.773 105.998 20.225
201903 20.091 107.251 20.310
201906 20.501 108.070 20.568
201909 20.932 108.329 20.950
201912 20.332 108.420 20.332

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


First Advantage Bancorp  (OTCPK:FABK) 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.


Be Aware

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


First Advantage Bancorp Cyclically Adjusted Book per Share Related Terms

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


First Advantage Bancorp (First Advantage Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1430 Madison Street, Clarksville, TN, USA, 37040
First Advantage Bancorp is a bank holding company. The bank is engaged in providing a full range of banking and financial services to individual and corporate customers in Clarksville and Nashville, Tennessee. It offers a range of products and services including free checking to high-interest savings, from online bill pay to mobile banking, from credit cards to auto loans. The bank offers real estate loans, consumer loans, and commercial loans. Its real estate loans include one- to four-family loans, multifamily, non-residential and land loans. Its consumer loans include home equity loans and lines of credit, auto loans, deposit loans, overdrafts, and others. It also includes U.S. Treasury, U.S. Government agencies, and corporations and mortgage-backed securities.
Executives
Michael E Wallace director 1430 MADISON STREET CLARKSVILLE TN 37040
William Lawson Mabry director 1430 MADISON STREET CLARKSVILLE TN 37040
Cooksey Gerald L. Jr. officer: Chief Financial Officer/COO 1430 MADISON STREET CLARKSVILLE TN 37040

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