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High Country Bancorp (High Country Bancorp) Cyclically Adjusted PB Ratio : 0.83 (As of May. 23, 2024)


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What is High Country Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-05-23), High Country Bancorp's current share price is $30.50. High Country Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36.76. High Country Bancorp's Cyclically Adjusted PB Ratio for today is 0.83.

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

HCBC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.28   Max: 1.73
Current: 0.83

During the past years, High Country Bancorp's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.83. And the median was 1.28.

HCBC's Cyclically Adjusted PB Ratio is ranked better than
58.89% of 1192 companies
in the Banks industry
Industry Median: 0.93 vs HCBC: 0.83

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.

High Country Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $38.430. 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 $36.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


High Country Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for High Country Bancorp'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.

High Country Bancorp Cyclically Adjusted PB Ratio Chart

High Country Bancorp Annual Data
Trend Jun02 Jun03 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.38 1.59 1.32 1.08

High Country Bancorp 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 0.97 1.08 0.95 0.97 0.85

Competitive Comparison of High Country Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, High Country 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.


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

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

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



High Country Bancorp 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.

High Country Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.50/36.76
=0.83

* 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.

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

For example, High Country Bancorp'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)
=38.43/131.7762*131.7762
=38.430

Current CPI (Mar. 2024) = 131.7762.

High Country Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200109 16.493 75.227 28.891
200112 17.016 74.552 30.077
200203 17.436 75.438 30.458
200206 17.816 75.902 30.931
200209 18.382 76.366 31.720
200212 18.608 76.324 32.128
200303 19.389 77.716 32.876
200306 19.801 77.505 33.666
200309 20.274 78.138 34.191
201606 27.389 101.688 35.493
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 28.150 103.349 35.893
201709 0.000 104.136 0.000
201712 27.818 104.011 35.244
201803 28.400 105.290 35.544
201806 26.003 106.317 32.230
201809 29.588 106.507 36.608
201812 29.923 105.998 37.200
201903 31.029 107.251 38.125
201906 29.027 108.070 35.395
201909 30.418 108.329 37.002
201912 30.868 108.420 37.518
202003 32.437 108.902 39.250
202006 33.532 108.767 40.625
202009 34.296 109.815 41.155
202012 35.300 109.897 42.328
202103 35.745 111.754 42.149
202106 36.228 114.631 41.646
202109 37.340 115.734 42.516
202112 37.849 117.630 42.401
202203 37.049 121.301 40.248
202206 35.863 125.017 37.802
202209 35.935 125.227 37.815
202212 37.213 125.222 39.161
202303 38.071 127.348 39.395
202306 37.534 128.729 38.423
202309 36.412 129.860 36.949
202312 38.072 129.419 38.765
202403 38.430 131.776 38.430

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.


High Country Bancorp  (OTCPK:HCBC) 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.


High Country Bancorp Cyclically Adjusted PB Ratio Related Terms

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


High Country Bancorp (High Country Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
7360 West US Highway 50, P.O. Box 309, Salida, CO, USA, 81201
High Country Bancorp Inc is a full-service financial institution delivering banking and investment solutions for both consumers and businesses. Its primary deposit products are non interest-bearing and interest-bearing checking accounts, savings accounts and time deposit accounts, and its primary lending products are real estate mortgage loans, construction, consumer and commercial loans.
Executives
Lorin D Smith director, officer: President & CEO
Scott G Erchul director, officer: Vice President
Frances Pasquale officer: Acting CFO 7360 WEST US HIGHWAY 50, SALIDA CO 81201
Young Richard A /co director
Philip W Harsh director 7360 WEST US HIGHWAY 50, SALIDA CO 81201

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