CSHX (Cashmere Valley Bank) Cyclically Adjusted Book per Share: $61.79 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CSHX Cashmere Valley Bank CSHX
64 GF Score
Price $89.20
GF Value $69.71
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Cashmere Valley Bank Cyclically Adjusted Book per Share?

Cashmere Valley Bank CSHX -1.11% 64 Cyclically Adjusted Book per Share is $61.79 as of Jun. 2026. GuruFocus rates CSHX with a GF Score™ of 64/100 and a GF Value™ of $69.71 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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.

Cashmere Valley Bank's adjusted book value per share for the three months ended in Jun. 2026 was $69.093. 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 $61.79 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Cashmere Valley Bank's average Cyclically Adjusted Book Growth Rate was 5.80% 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 (2026-07-31), Cashmere Valley Bank's current stock price is $89.20. Cashmere Valley Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $61.79. Cashmere Valley Bank's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cashmere Valley Bank was 1.46. The lowest was 1.00. And the median was 1.17.


Cashmere Valley Bank  (OTCPK:CSHX) 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.

Cashmere Valley Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=89.20/61.79
=1.44

* 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 Cashmere Valley Bank was 1.46. The lowest was 1.00. And the median was 1.17.


Be Aware

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


Cashmere Valley Bank Cyclically Adjusted Book per Share Related Terms


Cashmere Valley Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cashmere Valley Bank'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.

Cashmere Valley Bank Cyclically Adjusted Book per Share Chart

Cashmere Valley Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 56.27 59.55

Cashmere Valley Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 58.42 59.23 59.55 60.91 61.79

CSHX vs COSO, VLNT, BFCC: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Cashmere Valley Bank'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.


Cashmere Valley Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


CSHX
64GF Score
Cashmere Valley Bank CSHX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cashmere Valley Bank 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, Cashmere Valley Bank's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=69.093/333.9520*333.9520
=69.093

Current CPI (Jun. 2026) = 333.9520.

Cashmere Valley Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.927 241.428 56.612
201612 40.498 241.432 56.017
201703 41.066 243.801 56.251
201706 42.741 244.955 58.270
201709 43.126 246.819 58.351
201712 43.896 246.524 59.463
201803 41.498 249.554 55.532
201806 42.684 251.989 56.568
201809 42.759 252.439 56.566
201812 45.533 251.233 60.525
201903 47.595 254.202 62.527
201906 50.139 256.143 65.370
201909 51.426 256.759 66.887
201912 51.778 256.974 67.288
202003 50.365 258.115 65.163
202006 56.132 257.797 72.714
202009 57.601 260.280 73.905
202012 60.090 260.474 77.041
202103 57.522 264.877 72.523
202106 60.529 271.696 74.399
202109 60.629 274.310 73.811
202112 61.607 278.802 73.794
202203 48.710 287.504 56.579
202206 41.127 296.311 46.351
202209 36.780 296.808 41.383
202212 40.771 296.797 45.875
202303 45.832 301.836 50.709
202306 46.907 305.109 51.341
202309 45.887 307.789 49.788
202312 52.106 306.746 56.727
202403 53.986 312.332 57.723
202406 55.962 314.175 59.485
202409 59.721 315.301 63.254
202412 59.472 315.605 62.929
202503 61.421 319.799 64.139
202506 63.689 322.561 65.938
202509 66.889 324.800 68.774
202512 69.420 324.054 71.540
202603 69.463 330.213 70.250
202606 69.093 333.952 69.093

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

What does a Cyclically Adjusted Book per Share of $61.79 mean?
Cashmere Valley Bank (CSHX) has a Cyclically Adjusted Book per Share of $61.79 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cashmere Valley Bank and its competitors.
Is Cashmere Valley Bank's Cyclically Adjusted Book per Share too high?
Cashmere Valley Bank's current Cyclically Adjusted Book per Share is $61.79. Overall, Cashmere Valley Bank has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cashmere Valley Bank's Cyclically Adjusted Book per Share compare to COSO and VLNT?
Cashmere Valley Bank's Cyclically Adjusted Book per Share of $61.79 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cashmere Valley Bank and its competitors. Cashmere Valley Bank's current Cyclically Adjusted Book per Share is $61.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cashmere Valley Bank stock overvalued right now?
Based on GuruFocus' analysis, Cashmere Valley Bank (CSHX) is currently considered Modestly Overvalued. The stock's GF Value™ is $69.71, compared to a current price of $89.20 — trading 28% above its estimated fair value. The current Cyclically Adjusted Book per Share is $61.79. Cashmere Valley Bank's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Cashmere Valley Bank (CSHX), the current Cyclically Adjusted Book per Share is $61.79 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cashmere Valley Bank (CSHX) Overvalued in 2026?

Based on GuruFocus' analysis, Cashmere Valley Bank stock appears to be overvalued. The current stock price of $89.20 is trading 28% above its estimated GF Value™ of $69.71. GuruFocus considers Cashmere Valley Bank to be Modestly Overvalued.

Key valuation signals for CSHX:

  • Cyclically Adjusted Book per Share: $61.79
  • GF Value™: $69.71 vs. price of $89.20 (28% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the CSHX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cashmere Valley Bank Business Description

Address 117 Aplets Way, PO Box G, Cashmere, WA, USA, 98815
Cashmere Valley Bank is a state-chartered bank engaged in providing banking products and services. It mainly serves small and middle-market businesses and middle-income individuals in Washington. The company's lending and other banking activities are carried out in and around Chelan, Douglas, Kittitas, and Yakima counties and, to a lesser degree, other areas of Western Washington. It offers checking, savings, business, investment, and retirement savings, health savings, certificate of deposit, college savings accounts, loans, mortgages, electronic banking, investment and insurance services, and credit cards.
64GF Score

Get the complete analysis for CSHX

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$89.20
Price
$69.71
GF Value