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Logansport Financial (Logansport Financial) Cyclically Adjusted PB Ratio : 0.83 (As of May. 28, 2024)


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What is Logansport Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Logansport Financial's current share price is $29.75. Logansport Financial's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $35.91. Logansport Financial's Cyclically Adjusted PB Ratio for today is 0.83.

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

LOGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.32   Max: 1.93
Current: 0.83

During the past 13 years, Logansport Financial's highest Cyclically Adjusted PB Ratio was 1.93. The lowest was 0.82. And the median was 1.32.

LOGN's Cyclically Adjusted PB Ratio is ranked better than
57.92% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs LOGN: 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.

Logansport Financial's adjusted book value per share data of for the fiscal year that ended in Dec23 was $33.888. 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 $35.91 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logansport Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logansport Financial'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.

Logansport Financial Cyclically Adjusted PB Ratio Chart

Logansport Financial Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 1.75 1.49 1.14 0.86

Logansport Financial Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 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 0.64 1.75 1.49 1.14 0.86

Competitive Comparison of Logansport Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Logansport Financial'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.


Logansport Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Logansport Financial 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.

Logansport Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.75/35.91
=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.

Logansport Financial's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Logansport Financial's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=33.888/129.4194*129.4194
=33.888

Current CPI (Dec23) = 129.4194.

Logansport Financial Annual Data

Book Value per Share CPI Adj_Book
200012 15.702 73.413 27.681
200112 15.938 74.552 27.668
200212 18.065 76.324 30.632
200312 18.641 77.758 31.026
200812 22.719 88.697 33.150
200912 23.836 91.111 33.858
202012 46.718 109.897 55.017
202112 46.849 117.630 51.545
202212 33.524 125.222 34.648
202312 33.888 129.419 33.888

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.


Logansport Financial  (OTCPK:LOGN) 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.


Logansport Financial Cyclically Adjusted PB Ratio Related Terms

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


Logansport Financial (Logansport Financial) Business Description

Traded in Other Exchanges
N/A
Address
723 East Broadway, Logansport, IN, USA, 46947
Logansport Financial Corp is the holding company for Logansport Savings Bank. It is engaged primarily in the business of attracting retail deposits from the public. The company provides Personal Banking; Personal Lending and Business Banking.
Executives
Allen D Schieber officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Thomas G Williams director C/O LOGANSPORT FINANCIAL CORP, 723 EAST BROADWAY, LOGANSPORT IN 46947
David G Wihebrink director, officer: President and CEO C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
William Jr Tinchler director C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Charles J Evans director, officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947

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