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C&F Financial (C&F Financial) Cyclically Adjusted Book per Share : $55.08 (As of Mar. 2024)


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What is C&F Financial 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.

C&F Financial's adjusted book value per share for the three months ended in Mar. 2024 was $64.241. 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 $55.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, C&F Financial's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of C&F Financial was 10.50% per year. The lowest was 5.50% per year. And the median was 7.40% per year.

As of today (2024-05-16), C&F Financial's current stock price is $43.00. C&F Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $55.08. C&F Financial's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of C&F Financial was 2.13. The lowest was 0.67. And the median was 1.25.


C&F Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for C&F Financial'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.

C&F Financial Cyclically Adjusted Book per Share Chart

C&F Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.41 41.52 46.46 51.10 54.59

C&F Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 52.40 53.40 54.27 54.59 55.08

Competitive Comparison of C&F Financial's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, C&F 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.


C&F Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



C&F Financial 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, C&F Financial'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)
=64.241/131.7762*131.7762
=64.241

Current CPI (Mar. 2024) = 131.7762.

C&F Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.005 100.560 45.872
201409 35.863 100.428 47.058
201412 36.156 99.070 48.092
201503 36.629 99.621 48.452
201506 37.125 100.684 48.590
201509 38.136 100.392 50.058
201512 38.123 99.792 50.342
201603 38.639 100.470 50.679
201606 39.891 101.688 51.694
201609 40.389 101.861 52.251
201612 40.090 101.863 51.863
201703 40.560 102.862 51.961
201706 41.562 103.349 52.994
201709 42.156 104.136 53.345
201712 40.534 104.011 51.354
201803 40.744 105.290 50.994
201806 41.811 106.317 51.823
201809 42.718 106.507 52.853
201812 43.452 105.998 54.019
201903 44.412 107.251 54.568
201906 46.125 108.070 56.243
201909 47.196 108.329 57.411
201912 47.932 108.420 58.258
202003 48.977 108.902 59.265
202006 50.097 108.767 60.695
202009 51.643 109.815 61.971
202012 52.804 109.897 63.317
202103 53.779 111.754 63.414
202106 56.015 114.631 64.393
202109 57.784 115.734 65.793
202112 59.319 117.630 66.453
202203 56.566 121.301 61.451
202206 55.520 125.017 58.522
202209 52.924 125.227 55.692
202212 56.271 125.222 59.216
202303 58.811 127.348 60.856
202306 59.315 128.729 60.719
202309 59.108 129.860 59.980
202312 64.277 129.419 65.448
202403 64.241 131.776 64.241

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


C&F Financial  (NAS:CFFI) 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.

C&F Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.00/55.08
=0.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of C&F Financial was 2.13. The lowest was 0.67. And the median was 1.25.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


C&F Financial Cyclically Adjusted Book per Share Related Terms

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


C&F Financial (C&F Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3600 La Grange Parkway, Toano, VA, USA, 23168
C&F Financial Corp is an American bank holding company. The company through its subsidiaries offers banking and related financial services to both individuals and businesses. It operates in three business activities: Community Banking, Mortgage Banking, and Consumer Finance. It mainly provides a range of lending activities, which include residential mortgage loans, commercial real estate loans, non-prime automobile lending, land acquisition, and development loans, and consumer loans. The company generates maximum revenue from the Community Banking segment.
Executives
Seaman John A Iii other: Chief Credit Officer 802 MAIN STREET, WEST POINT VA 23181
Thomas F Cherry officer: Senior Vice President & CFO
S Dustin Crone other: President of Major Subsidiary 802 MAIN STREET, WEST POINT VA 23181
Audrey Dale Holmes director 5120 ADKINS ROAD, PROVIDENCE FORGE VA 23140
Larry G Dillon director, officer: Chairman, President & CEO
Hudson James H Iii director
Jeffery O Smith director 3600 LA GRANGE PKWY, TOANO VA 23168
D Anthony Peay director 3600 LA GRANGE PKWY, TOANO VA 23168
Jason E Long officer: Chief Financial Officer 4136 LONGVIEW LANDING, WILLIAMSBURG VA 23188
Sisson George R Iii director 3600 LAGRANGE PARKWAY, TOANO VA 23168
Bryan Edwin Mckernon other: President of major subsidiary 1400 ALVERSER DRIVE, MIDLOTHIAN VA 23113
Causey J P Jr director 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Barry R Chernack director
Julie R Agnew director 100 PIERCES COURT, WILLIAMSBURG VA 23185
Elizabeth R Kelley director 324 5TH STREET, WEST POINT VA 23181

C&F Financial (C&F Financial) Headlines

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