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Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Cyclically Adjusted PB Ratio : 0.73 (As of Apr. 30, 2024)


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What is Home Federal Bancorp of louisiana Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Home Federal Bancorp of louisiana's current share price is $11.251. Home Federal Bancorp of louisiana's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.40. Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio for today is 0.73.

The historical rank and industry rank for Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio or its related term are showing as below:

HFBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 2.88   Max: 3.93
Current: 0.77

During the past years, Home Federal Bancorp of louisiana's highest Cyclically Adjusted PB Ratio was 3.93. The lowest was 0.76. And the median was 2.88.

HFBL's Cyclically Adjusted PB Ratio is ranked better than
62.93% of 1179 companies
in the Banks industry
Industry Median: 0.92 vs HFBL: 0.77

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.

Home Federal Bancorp of louisiana's adjusted book value per share data for the three months ended in Dec. 2023 was $16.731. 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 $15.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Home Federal Bancorp of louisiana Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Home Federal Bancorp of louisiana'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.

Home Federal Bancorp of louisiana Cyclically Adjusted PB Ratio Chart

Home Federal Bancorp of louisiana Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 2.19 1.55 1.38 0.93

Home Federal Bancorp of louisiana 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 1.15 0.93 0.95 0.93 -

Competitive Comparison of Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Home Federal Bancorp of louisiana'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.


Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio falls into.



Home Federal Bancorp of louisiana 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.

Home Federal Bancorp of louisiana's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.251/15.4
=0.73

* 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.

Home Federal Bancorp of louisiana's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Home Federal Bancorp of louisiana'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)
=16.731/129.4194*129.4194
=16.731

Current CPI (Dec. 2023) = 129.4194.

Home Federal Bancorp of louisiana Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.358 99.695 12.148
201406 9.541 100.560 12.279
201409 9.680 100.428 12.474
201412 9.880 99.070 12.907
201503 10.122 99.621 13.150
201506 10.283 100.684 13.218
201509 10.480 100.392 13.510
201512 10.508 99.792 13.628
201603 10.736 100.470 13.829
201606 11.025 101.688 14.032
201609 11.221 101.861 14.257
201612 11.288 101.863 14.342
201703 11.560 102.862 14.545
201706 11.839 103.349 14.825
201709 12.029 104.136 14.950
201712 12.012 104.011 14.946
201803 12.158 105.290 14.944
201806 12.417 106.317 15.115
201809 12.660 106.507 15.384
201812 12.924 105.998 15.780
201903 13.203 107.251 15.932
201906 13.639 108.070 16.333
201909 13.889 108.329 16.593
201912 13.938 108.420 16.638
202003 14.273 108.902 16.962
202006 14.652 108.767 17.434
202009 14.868 109.815 17.522
202012 15.230 109.897 17.936
202103 15.473 111.754 17.919
202106 15.734 114.631 17.764
202109 15.978 115.734 17.867
202112 15.716 117.630 17.291
202203 15.476 121.301 16.512
202206 15.451 125.017 15.995
202209 15.162 125.227 15.670
202212 15.599 125.222 16.122
202303 16.046 127.348 16.307
202306 16.130 128.729 16.217
202309 16.108 129.860 16.053
202312 16.731 129.419 16.731

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.


Home Federal Bancorp of louisiana  (NAS:HFBL) 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.


Home Federal Bancorp of louisiana Cyclically Adjusted PB Ratio Related Terms

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


Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Business Description

Traded in Other Exchanges
N/A
Address
624 Market Street, Shreveport, LA, USA, 71101
Home Federal Bancorp Inc of louisiana operates as a bank holding company. It is a federally chartered stock savings bank, which provides financial services to individuals, corporate entities, and other organizations. Its core activities consist of attracting deposits from the general public and using those funds to originate loans to the residential, commercial and multi-family segments. The company also invests securities held-to-maturity and securities available for sale.
Executives
James R Barlow director, officer: President & COO* HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
David Barber officer: SVP Mortgage Lending * HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Donna C. Lewis officer: Senior Vice President* HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Glen W. Brown officer: SVP & Chief Financial Officer 624 MARKET STREET, SHREVEPORT LA 71101
Colquitt Walter T Iii director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Scott D Lawrence director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Timothy W. Wilhite director HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Clyde D Patterson director, officer: Executive Vice President & CFO HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Woodus K Humphrey director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Mary L Jones officer: SVP Retail & Deposit Ops.* HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Mark Malloy Harrison director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
K Matthew Sawrie officer: SVP Commercial Lending* HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Daniel R Herndon director, officer: Chairman and CEO HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Herndon David A Iii director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101

Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Headlines