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Midsouth Bancorp (Midsouth Bancorp) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2019)


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What is Midsouth 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.

Midsouth Bancorp's adjusted book value per share for the three months ended in Jun. 2019 was $10.758. 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 Jun. 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), Midsouth Bancorp's current stock price is $11.44. Midsouth Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 was $0.00. Midsouth Bancorp's Cyclically Adjusted PB Ratio of today is .


Midsouth Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Midsouth 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.

Midsouth Bancorp Cyclically Adjusted Book per Share Chart

Midsouth Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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Midsouth Bancorp Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Midsouth Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Midsouth 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=10.758/108.0695*108.0695
=10.758

Current CPI (Jun. 2019) = 108.0695.

Midsouth Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200909 11.828 91.120 14.028
200912 11.812 91.111 14.011
201003 11.875 91.821 13.976
201006 11.970 91.962 14.067
201009 12.168 92.162 14.268
201012 12.050 92.474 14.082
201103 12.039 94.283 13.799
201106 12.294 95.235 13.951
201109 12.473 95.727 14.081
201112 12.406 95.213 14.081
201203 12.549 96.783 14.012
201206 12.776 96.819 14.261
201209 13.010 97.633 14.401
201212 13.105 96.871 14.620
201303 13.243 98.209 14.573
201306 12.924 98.518 14.177
201309 13.119 98.790 14.351
201312 13.215 98.326 14.525
201403 13.924 99.695 15.094
201406 14.249 100.560 15.313
201409 14.520 100.428 15.625
201412 14.783 99.070 16.126
201503 14.920 99.621 16.185
201506 15.042 100.684 16.145
201509 15.212 100.392 16.375
201512 15.139 99.792 16.395
201603 15.379 100.470 16.542
201606 15.562 101.688 16.539
201609 15.579 101.861 16.529
201612 15.249 101.863 16.178
201703 15.368 102.862 16.146
201706 13.757 103.349 14.385
201709 13.696 104.136 14.213
201712 12.873 104.011 13.375
201803 12.625 105.290 12.958
201806 12.496 106.317 12.702
201809 12.047 106.507 12.224
201812 10.878 105.998 11.091
201903 10.780 107.251 10.862
201906 10.758 108.070 10.758

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


Midsouth Bancorp  (NYSE:MSL) 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.


Midsouth Bancorp Cyclically Adjusted Book per Share Related Terms

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


Midsouth Bancorp (Midsouth Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
102 Versailles Boulevard, Lafayette, LA, USA, 70501
Midsouth Bancorp Inc is a financial holding company based in the United States. The company primarily operates through its wholly owned subsidiary and is engaged in the community banking business by providing banking services to commercial and retail customers. It focuses on providing commercial and consumer loan and deposit services to individuals and small to middle market businesses across America. Deposit products and services offered by the firm include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services, and electronic banking services, including remote deposit capturing services, internet banking, and debit and credit cards.
Executives
D Michael Kramer director, other: Vice Chairman of the Board P O BOX 868, EVANSVILLE IN 47705-0868
John Arthur Davis officer: Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Keith Avant officer: Chief Credit Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Kade G Peterson officer: SEVP & Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
A Dwight Utz officer: Senior VP of subsidiary POST OFFICE BOX 3745, LAFAYETTE LA 70502

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