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BNCCORP (BNCCORP) Cyclically Adjusted PB Ratio : 0.70 (As of Apr. 30, 2024)


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What is BNCCORP Cyclically Adjusted PB Ratio?

As of today (2024-04-30), BNCCORP's current share price is $21.35. BNCCORP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.57. BNCCORP's Cyclically Adjusted PB Ratio for today is 0.70.

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

BNCC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.22   Max: 2.19
Current: 0.7

During the past years, BNCCORP's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.70. And the median was 1.22.

BNCC's Cyclically Adjusted PB Ratio is ranked better than
67.77% of 1179 companies
in the Banks industry
Industry Median: 0.92 vs BNCC: 0.70

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.

BNCCORP's adjusted book value per share data for the three months ended in Dec. 2023 was $30.376. 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 $30.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BNCCORP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BNCCORP'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.

BNCCORP Cyclically Adjusted PB Ratio Chart

BNCCORP 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 1.74 2.08 1.70 1.04 0.94

BNCCORP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 0.76 0.80 0.76 0.94

Competitive Comparison of BNCCORP's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BNCCORP'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.


BNCCORP's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



BNCCORP 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.

BNCCORP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.35/30.57
=0.70

* 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.

BNCCORP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BNCCORP'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)
=30.376/129.4194*129.4194
=30.376

Current CPI (Dec. 2023) = 129.4194.

BNCCORP Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.450 99.695 20.057
201406 16.639 100.560 21.414
201409 0.000 100.428 0.000
201412 18.276 99.070 23.875
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 20.094 100.392 25.904
201512 20.122 99.792 26.096
201603 21.313 100.470 27.454
201606 22.352 101.688 28.448
201609 22.509 101.861 28.599
201612 21.468 101.863 27.276
201703 21.844 102.862 27.484
201706 22.802 103.349 28.554
201709 23.163 104.136 28.787
201712 22.396 104.011 27.867
201803 21.868 105.290 26.880
201806 21.883 106.317 26.638
201809 21.335 106.507 25.925
201812 22.258 105.998 27.176
201903 23.785 107.251 28.701
201906 25.585 108.070 30.639
201909 26.953 108.329 32.200
201912 27.392 108.420 32.697
202003 29.217 108.902 34.722
202006 33.899 108.767 40.336
202009 38.189 109.815 45.007
202012 33.393 109.897 39.325
202103 35.682 111.754 41.322
202106 36.998 114.631 41.771
202109 37.957 115.734 42.445
202112 32.345 117.630 35.587
202203 30.907 121.301 32.976
202206 28.533 125.017 29.538
202209 27.554 125.227 28.477
202212 28.192 125.222 29.137
202303 29.138 127.348 29.612
202306 28.873 128.729 29.028
202309 28.710 129.860 28.613
202312 30.376 129.419 30.376

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.


BNCCORP  (OTCPK:BNCC) 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.


BNCCORP Cyclically Adjusted PB Ratio Related Terms

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


BNCCORP (BNCCORP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
322 East Main Avenue, P.O. Box 4050, Bismarck, ND, USA, 58501
BNCCORP Inc is a bank holding company. The company operates in three segments: Community Banking, Mortgage Banking, and Holding company. It generates the majority of its revenue from the Community banking segment, which provides business & personal loans, commercial real estate loans, SBA loans, business & personal checking, saving products, cash management, wealth management, and retirement plan administration.
Executives
Bradley D Bonga director C/O BNCCORP, INC, 322 EAST MAIN STREET, BISMARCK ND 58501
Jerry R Woodcox director
Stephen H Roman director 322 EAST MAIN AVENUE, BISMARCK ND 58501
Timothy J Franz officer: Chief Financial Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Johnsen Richard M Jr director
Gaylen A Ghylin director 322 EAST MAIN AVENUE, BISMARCK ND 58501
E Thomas Welch director, officer: Pres-BNC Natl Bank-Minnesota 11925 ST. ALBANS HOLLOW DRIVE, MINNETONKA MN 55305
Mark W Sheffert director 4700 IDS CENTER, 80 SOUTH 8TH STREET, MINNEAPOLIS MN 55402
Mark E Peiler officer: Chief Investment Officer
Dave Hoekstra officer: Chief Credit Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Shawn Cleveland Goll officer: Chief Operating Officer
Neil M Brozen officer: SVP Trust & Financial Services 322 EAST MAIN AVENUE, BISMARCK ND 58501
Mark A Litton officer: Chief Credit Officer 322 EAST MAIN AVENUE, BISMARCK ND 58501
Jerry D Renk officer: President - North Dakota 322 EAST MAIN AVENUE, BISMARCK ND 58501
David A Zelinsky officer: President - Minnesota 322 EAST MAIN AVENUE, BISMARCK ND 58501