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Trustmark (Trustmark) Cyclically Adjusted PB Ratio : 1.05 (As of Apr. 28, 2024)


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What is Trustmark Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Trustmark's current share price is $30.05. Trustmark's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.75. Trustmark's Cyclically Adjusted PB Ratio for today is 1.05.

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

TRMK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.29   Max: 1.82
Current: 1.05

During the past years, Trustmark's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.68. And the median was 1.29.

TRMK's Cyclically Adjusted PB Ratio is ranked worse than
58.45% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs TRMK: 1.05

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.

Trustmark's adjusted book value per share data for the three months ended in Dec. 2023 was $27.212. 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 $28.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trustmark Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trustmark'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.

Trustmark Cyclically Adjusted PB Ratio Chart

Trustmark Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.15 1.24 1.25 0.97

Trustmark 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 0.87 0.74 0.75 0.97 -

Competitive Comparison of Trustmark's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Trustmark'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.


Trustmark's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Trustmark 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.

Trustmark's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.05/28.75
=1.05

* 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.

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

For example, Trustmark'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)
=27.212/129.4194*129.4194
=27.212

Current CPI (Dec. 2023) = 129.4194.

Trustmark Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.372 99.695 26.446
201406 20.758 100.560 26.715
201409 20.983 100.428 27.040
201412 21.042 99.070 27.488
201503 21.406 99.621 27.809
201506 21.469 100.684 27.596
201509 21.859 100.392 28.179
201512 21.804 99.792 28.277
201603 22.298 100.470 28.723
201606 22.529 101.688 28.673
201609 22.695 101.861 28.835
201612 22.479 101.863 28.560
201703 22.707 102.862 28.570
201706 23.057 103.349 28.873
201709 23.361 104.136 29.033
201712 23.200 104.011 28.867
201803 23.167 105.290 28.476
201806 23.426 106.317 28.516
201809 23.655 106.507 28.744
201812 24.174 105.998 29.516
201903 24.495 107.251 29.558
201906 25.133 108.070 30.098
201909 25.604 108.329 30.589
201912 25.868 108.420 30.878
202003 26.064 108.902 30.975
202006 26.394 108.767 31.406
202009 26.962 109.815 31.775
202012 27.452 109.897 32.329
202103 27.758 111.754 32.146
202106 28.345 114.631 32.002
202109 28.320 115.734 31.669
202112 28.246 117.630 31.077
202203 26.542 121.301 28.318
202206 25.926 125.017 26.839
202209 24.756 125.227 25.585
202212 24.472 125.222 25.292
202303 25.588 127.348 26.004
202306 25.728 128.729 25.866
202309 25.714 129.860 25.627
202312 27.212 129.419 27.212

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.


Trustmark  (NAS:TRMK) 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.


Trustmark Cyclically Adjusted PB Ratio Related Terms

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


Trustmark (Trustmark) Business Description

Industry
Traded in Other Exchanges
Address
248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp with over $12 billion in assets and more than 200 branches, Trustmark provides banking, insurance, and wealth management services in Mississippi, Alabama, Memphis, Houston, and the Florida Panhandle. Roughly 65% of its loans are in Mississippi, 12% in Houston, 10% in Alabama, and the rest are split between Memphis and Florida. Around three-fourths of its revenue comes from general banking, while insurance and wealth management services combine for roughly 10%.
Executives
Richard H Puckett director PO BOX 3170, JACKSON MS 39207
Marcelo L Eduardo director P. O. BOX 291, JACKSON MS 39205-0291
Adolphus B Baker director P. O. BOX 2960, JACKSON MS 39207
Tracy T Conerly director 10 BALLAMORE ROAD, MIRAMAR BEACH FL 32550
Gerard R Host other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Chambers George T. Jr. officer: Principal Accounting, Officer P. O. BOX 291, JACKSON MS 39205-0291
Augustus L Collins director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Harry M Walker other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Maria Luisa Sugay officer: Exec VP & Co-Treasurer P. O. BOX 291, JACKSON MS 39205-0291
Breck W Tyler officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205
Charles Scott Woods other: Wholly Owned Subsidiary P. O. BOX 291, JACKSON MS 39205
Robert B Harvey officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205-0291
David C Kennedy officer: Executive Vice President & P. O. BOX 291, JACKSON MS 39205-0291
Walker Leroy G Jr director 2310 HIGHWAY 80 WEST, STE 3160, JACKSON MS 39204
Joseph T Sarci officer: Executive Vice President & CIO 248 E CAPITOL STREET, JACKSON MS 39201