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BVFL (BV Financial) Cyclically Adjusted Book per Share : $12.43 (As of Jun. 2024)


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What is BV 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.

BV Financial's adjusted book value per share for the three months ended in Jun. 2024 was $18.043. 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 $12.43 for the trailing ten years ended in Jun. 2024.

During the past 12 months, BV Financial's average Cyclically Adjusted Book Growth Rate was 10.70% 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.

As of today (2024-09-20), BV Financial's current stock price is $15.50. BV Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $12.43. BV Financial's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BV Financial was 2.16. The lowest was 0.84. And the median was 1.09.


BV Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for BV 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.

BV Financial Cyclically Adjusted Book per Share Chart

BV Financial Annual Data
Trend Jun07 Jun08 Jun09 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.79

BV Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.23 11.49 11.79 12.18 12.43

Competitive Comparison of BV Financial's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BV 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.


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

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

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



BV 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, BV Financial's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=18.043/132.5538*132.5538
=18.043

Current CPI (Jun. 2024) = 132.5538.

BV Financial Quarterly Data

Book Value per Share CPI Adj_Book
200509 7.328 83.876 11.581
200512 7.307 83.032 11.665
200603 6.769 84.298 10.644
200606 6.603 85.606 10.224
200609 7.466 85.606 11.561
200612 12.339 85.142 19.210
200703 7.382 86.640 11.294
200706 8.315 87.906 12.538
200709 7.475 87.964 11.264
200712 7.179 88.616 10.738
200803 6.934 90.090 10.202
200806 6.728 92.320 9.660
200809 6.938 92.307 9.963
200812 6.912 88.697 10.330
200903 6.909 89.744 10.205
200906 5.669 91.003 8.257
201706 7.239 103.349 9.285
201806 7.231 106.317 9.015
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 7.851 108.420 9.599
202003 8.941 108.902 10.883
202006 10.002 108.767 12.189
202009 9.952 109.815 12.013
202012 10.559 109.897 12.736
202103 10.853 111.754 12.873
202106 10.898 114.631 12.602
202109 11.380 115.734 13.034
202112 11.523 117.630 12.985
202203 12.059 121.301 13.178
202206 12.364 125.017 13.109
202209 12.667 125.227 13.408
202212 13.177 125.222 13.949
202303 13.547 127.348 14.101
202306 14.062 128.729 14.480
202309 17.149 129.860 17.505
202312 17.499 129.419 17.923
202403 17.735 131.776 17.840
202406 18.043 132.554 18.043

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


BV Financial  (NAS:BVFL) 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.

BV Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.50/12.43
=1.25

* 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 BV Financial was 2.16. The lowest was 0.84. And the median was 1.09.


Be Aware

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


BV Financial Cyclically Adjusted Book per Share Related Terms

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


BV Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
7114 North Point Road, Baltimore, MD, USA, 21219
BV Financial Inc is a federally-chartered savings and loan holding company engaged in offering traditional financial services to consumers and businesses. It offers savings, interest checking, money market, personal and business checking, non-interest checking, education savings, small business checking, business checking as well as certificates of deposit and IRA certificates of deposit. The Company's sources of revenue are derived from interest and dividends earned on loans and investment securities.
Executives
Machteld V. Thomas director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Timothy L. Prindle director, officer: Co-President, Co-CEO C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
David M. Flair director, officer: Co-President, Co-CEO C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Rose M. Searcy officer: EVP, Human Resources C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Gregory J. Olinde officer: EVP and Chief Credit Officer C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Peter David Bramble director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
William Streett Baldwin director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Brian K Mchale director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Gary T. Amereihn director, other: Chairman of the Board C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Joshua W. Posnick director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Crompton William B. Iii director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Joseph S Galli director 3299 K STREET, NW SUITE 700, WASHINGTON DC 20007
Michael J Dee officer: EVP and CFO 1301 MERRITT BLVD, DUNDALK MD 212222194
Frank W Dingle director C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219
Jeffrey S Collier officer: Sr. VP - Lending of Subsidiary C/O BV FINANCIAL, INC., 7114 NORTH POINT ROAD, BALTIMORE MD 21219