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Valley National Bancorp (BSP:VLYB34) Cyclically Adjusted Book per Share : R$69.96 (As of Mar. 2025)


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What is Valley National 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.

Valley National Bancorp's adjusted book value per share for the three months ended in Mar. 2025 was R$73.469. 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 R$69.96 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Valley National Bancorp's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Valley National Bancorp was 8.10% per year. The lowest was 3.10% per year. And the median was 5.10% per year.

As of today (2025-05-31), Valley National Bancorp's current stock price is R$49.90. Valley National Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$69.96. Valley National Bancorp's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Valley National Bancorp was 1.63. The lowest was 0.55. And the median was 1.21.


Valley National Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Valley National 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.

Valley National Bancorp Cyclically Adjusted Book per Share Chart

Valley National Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.00 57.82 61.20 56.29 75.94

Valley National Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.13 63.32 66.55 75.94 69.96

Competitive Comparison of Valley National Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Valley National 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.


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

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

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


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Valley National 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, Valley National Bancorp's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=73.469/134.9266*134.9266
=73.469

Current CPI (Mar. 2025) = 134.9266.

Valley National Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.067 100.684 33.592
201509 31.612 100.392 42.487
201512 32.043 99.792 43.324
201603 30.656 100.470 41.169
201606 28.541 101.688 37.870
201609 27.429 101.861 36.333
201612 28.822 101.863 38.177
201703 27.109 102.862 35.559
201706 28.867 103.349 37.687
201709 27.608 104.136 35.771
201712 28.948 104.011 37.552
201803 30.052 105.290 38.511
201806 34.901 106.317 44.293
201809 38.338 106.507 48.568
201812 36.801 105.998 46.845
201903 37.456 107.251 47.122
201906 38.284 108.070 47.798
201909 41.571 108.329 51.778
201912 42.487 108.420 52.874
202003 50.966 108.902 63.146
202006 54.799 108.767 67.979
202009 57.814 109.815 71.034
202012 55.827 109.897 68.542
202103 61.794 111.754 74.607
202106 56.071 114.631 65.998
202109 59.784 115.734 69.698
202112 65.405 117.630 75.023
202203 57.709 121.301 64.191
202206 59.768 125.017 64.506
202209 62.798 125.227 67.662
202212 64.132 125.222 69.102
202303 64.645 127.348 68.492
202306 60.865 128.729 63.795
202309 62.433 129.860 64.869
202312 62.650 129.419 65.316
202403 63.777 131.776 65.302
202406 69.050 132.554 70.286
202409 71.967 133.029 72.994
202412 77.310 133.157 78.337
202503 73.469 134.927 73.469

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


Valley National Bancorp  (BSP:VLYB34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.90/69.96
=0.71

* 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 Valley National Bancorp was 1.63. The lowest was 0.55. And the median was 1.21.


Be Aware

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


Valley National Bancorp Cyclically Adjusted Book per Share Related Terms

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


Valley National Bancorp Business Description

Industry
Traded in Other Exchanges
Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company that offers a full suite of national and regional banking solutions through various commercial, private banking, retail, insurance, and wealth management financial services products. It provides personalized service and customized solutions to assist its customers with their financial service needs. The group also offers niche financial services, including loan and deposit products for homeowners associations, cannabis-related business banking, and venture banking, which offers nationally. It manages its business operations under operating segments consisting of Consumer Banking; Commercial Banking; and Treasury and Corporate Other. The group generates the majority of its revenue from the Commercial Banking Segment.

Valley National Bancorp Headlines

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