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Capitol Federal Financial (Capitol Federal Financial) Cyclically Adjusted PB Ratio : 0.43 (As of Apr. 28, 2024)


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What is Capitol Federal Financial Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Capitol Federal Financial's current share price is $4.81. Capitol Federal Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.26. Capitol Federal Financial's Cyclically Adjusted PB Ratio for today is 0.43.

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

CFFN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.29   Max: 1.8
Current: 0.43

During the past years, Capitol Federal Financial's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.38. And the median was 1.29.

CFFN's Cyclically Adjusted PB Ratio is ranked better than
85.58% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs CFFN: 0.43

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.

Capitol Federal Financial's adjusted book value per share data for the three months ended in Dec. 2023 was $7.723. 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 $11.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capitol Federal Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capitol Federal 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.

Capitol Federal Financial Cyclically Adjusted PB Ratio Chart

Capitol Federal Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.82 1.01 0.71 0.42

Capitol Federal 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 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 0.58 0.54 0.42 0.57 -

Competitive Comparison of Capitol Federal Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Capitol Federal 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.


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

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

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



Capitol Federal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.81/11.26
=0.43

* 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.

Capitol Federal Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Capitol Federal Financial'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)
=7.723/129.4194*129.4194
=7.723

Current CPI (Dec. 2023) = 129.4194.

Capitol Federal Financial Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.690 99.695 13.877
201406 10.529 100.560 13.551
201409 10.591 100.428 13.648
201412 10.422 99.070 13.615
201503 10.498 99.621 13.638
201506 10.286 100.684 13.222
201509 10.329 100.392 13.316
201512 10.142 99.792 13.153
201603 10.232 100.470 13.180
201606 10.062 101.688 12.806
201609 10.132 101.861 12.873
201612 9.920 101.863 12.604
201703 10.003 102.862 12.586
201706 9.833 103.349 12.313
201709 9.899 104.136 12.302
201712 9.771 104.011 12.158
201803 9.872 105.290 12.134
201806 9.702 106.317 11.810
201809 9.854 106.507 11.974
201812 9.527 105.998 11.632
201903 9.598 107.251 11.582
201906 9.384 108.070 11.238
201909 9.448 108.329 11.287
201912 9.234 108.420 11.022
202003 9.100 108.902 10.815
202006 9.190 108.767 10.935
202009 9.247 109.815 10.898
202012 9.198 109.897 10.832
202103 9.211 111.754 10.667
202106 8.914 114.631 10.064
202109 8.948 115.734 10.006
202112 8.763 117.630 9.641
202203 8.461 121.301 9.027
202206 8.151 125.017 8.438
202209 7.896 125.227 8.160
202212 7.748 125.222 8.008
202303 7.874 127.348 8.002
202306 7.794 128.729 7.836
202309 7.680 129.860 7.654
202312 7.723 129.419 7.723

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.


Capitol Federal Financial  (NAS:CFFN) 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.


Capitol Federal Financial Cyclically Adjusted PB Ratio Related Terms

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


Capitol Federal Financial (Capitol Federal Financial) Business Description

Traded in Other Exchanges
Address
700 South Kansas Avenue, Topeka, KS, USA, 66603
Capitol Federal Financial Inc is a bank holding company that operates through its wholly-owned subsidiary bank, Capitol Federal Savings Bank. The bank is a community-oriented financial institution that offers a variety of financial services through tens of locations. It primarily serves metropolitan areas within the state of Kansas. The bank performs traditional banking functions such as deposit-taking activities and investing that money in first-lien residential mortgages. It also participates in commercial real estate loans with other lenders, investing those funds in various securities. The vast majority of the bank's loan portfolio is in originated one- to four-family real estate loans. Its primary source of income is net interest income.
Executives
Anthony S. Barry officer: EVP, Corporate Services C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Jeffrey M Johnson director C/O CAPITOL FEDERAL FINANCIAL INC, 700 KANSAS AVENUE, TOPEKA KS 66603
Carlton A. Ricketts officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66601
Rick C Jackson officer: Executive Vice President CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
James G. Morris director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Natalie G. Haag officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Jeffrey R Thompson director C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Skrobacz William Joseph Jr officer: Executive Vice President 700 S KANSAS AVE, TOPEKA KS 66603
Robert D. Kobbeman officer: EVP, Chief Commercial Banking C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Huey Morris J Ii director, officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Michel Philipp Cole director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
John B Dicus director, officer: Chairman and President C/O CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
Daniel L. Lehman officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Kent G Townsend officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Marilyn S Ward director C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603

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