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Eagle Bancorp (Eagle Bancorp) Cyclically Adjusted Book per Share : $36.19 (As of Dec. 2023)


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What is Eagle Bancorp 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.

Eagle Bancorp's adjusted book value per share for the three months ended in Dec. 2023 was $42.582. 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 $36.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Eagle Bancorp's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.20% 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 Eagle Bancorp was 17.30% per year. The lowest was 11.10% per year. And the median was 15.50% per year.

As of today (2024-04-28), Eagle Bancorp's current stock price is $19.41. Eagle Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.19. Eagle Bancorp's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eagle Bancorp was 5.21. The lowest was 0.50. And the median was 3.05.


Eagle Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eagle Bancorp'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.

Eagle Bancorp Cyclically Adjusted Book per Share Chart

Eagle Bancorp 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 20.43 23.50 28.23 32.61 36.19

Eagle 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 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 33.78 34.77 35.68 36.19 -

Competitive Comparison of Eagle Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Eagle 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.


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

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

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



Eagle Bancorp 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, Eagle Bancorp'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)
=42.582/129.4194*129.4194
=42.582

Current CPI (Dec. 2023) = 129.4194.

Eagle Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.620 99.695 17.681
201406 14.247 100.560 18.336
201409 14.834 100.428 19.116
201412 18.211 99.070 23.790
201503 20.107 99.621 26.121
201506 20.757 100.684 26.681
201509 21.379 100.392 27.561
201512 22.069 99.792 28.621
201603 22.706 100.470 29.248
201606 23.482 101.688 29.886
201609 24.282 101.861 30.851
201612 24.771 101.863 31.472
201703 25.595 102.862 32.203
201706 26.417 103.349 33.081
201709 27.330 104.136 33.966
201712 27.803 104.011 34.595
201803 28.720 105.290 35.302
201806 29.825 106.317 36.306
201809 30.944 106.507 37.601
201812 32.248 105.998 39.374
201903 33.254 107.251 40.128
201906 34.296 108.070 41.071
201909 35.130 108.329 41.969
201912 35.819 108.420 42.757
202003 36.114 108.902 42.918
202006 36.863 108.767 43.862
202009 37.960 109.815 44.737
202012 39.047 109.897 45.983
202103 39.450 111.754 45.686
202106 40.872 114.631 46.145
202109 41.684 115.734 46.613
202112 42.278 117.630 46.515
202203 39.887 121.301 42.557
202206 39.048 125.017 40.423
202209 38.020 125.227 39.293
202212 39.185 125.222 40.499
202303 39.919 127.348 40.568
202306 40.778 128.729 40.997
202309 40.641 129.860 40.503
202312 42.582 129.419 42.582

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


Eagle Bancorp  (NAS:EGBN) 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.

Eagle Bancorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.41/36.19
=0.54

* 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 Eagle Bancorp was 5.21. The lowest was 0.50. And the median was 3.05.


Be Aware

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


Eagle Bancorp Cyclically Adjusted Book per Share Related Terms

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


Eagle Bancorp (Eagle Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
7830 Old Georgetown Road, Third Floor, Bethesda, MD, USA, 20814
Eagle Bancorp Inc is a bank holding company that operates through its wholly-owned subsidiary, EagleBank which offers a broad range of commercial banking services to business and professional clients, and consumer banking services to individuals. These services include commercial loans for a variety of business purposes such as for working capital, equipment purchases, real estate lines of credit and government contract financing, asset-based lending and accounts receivable financing, construction and commercial real estate loans, business equipment financing, consumer home equity lines of credit, personal lines of credit and term loans, consumer loans, personal credit cards, residential mortgage loans.
Executives
Paul Saltzman officer: EVP/Chief Legal Officer 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
Theresa G. Laplaca director 2131 SHERWOOD AVE., CHARLOTTE NC 28207-2119
Eric R Newell officer: EVP, Chief Financial Officer 7701 E. KELLOGG, SUITE 300, WICHITA KS 67207
Ryan Riel officer: Executive Vice President 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
A. Leslie Ludwig director 1801 N. HERNDON ST., ARLINGTON VA 22201
Antonio F Marquez officer: EVP/CLO-CRE 6205 MAZWOOD ROAD, ROCKVILLE MD 20852
James A Soltesz director 8608 WHITE POST COURT, POTOMAC MD 20854
Matthew D Brockwell director 104 WESTMANOR COURT, VIENNA VA 22180
Kathy A Raffa director 1899 L ST., NW, SUITE 850, WASHINGTON DC 20036
Benjamin M. Soto director 3240 FESSENDEN STREET NW, WASHINGTON DC 20008
Janice L. Williams officer: EVP/CCO 9712 BEMAN WOODS WAY, POTOMAC MD 20854
Charles Levingston officer: EVP/CFO 7830 OLD GEORGETOWN ROAD, BETHESDA MD 20814
Susan G Riel director, officer: President & CEO 688 RIDGE ROAD, MT. AIRY MD 21771
Ernie Jarvis director 10013 ORMOND ROAD, POTOMAC MD 20854
Steven Freidkin director 7100 GLENBROOK ROAD, BETHESDA MD 20814