Dime Commercial Bancshares (FRA:0NW) Cyclically Adjusted Book per Share: €22.69 (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.

FRA:0NW Dime Commercial Bancshares Inc FRA:0NW
58 GF Score
Price €34.80
GF Value €30.55
! 6 Warning Signs
View Full Analysis

What is Dime Commercial Bancshares Cyclically Adjusted Book per Share?

Dime Commercial Bancshares FRA:0NW -1.14% 58 Cyclically Adjusted Book per Share is €22.69 as of Jun. 2026. GuruFocus rates FRA:0NW with a GF Score™ of 58/100 and a GF Value™ of €30.55. 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.

Dime Commercial Bancshares's adjusted book value per share for the three months ended in Jun. 2026 was €27.596. 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 €22.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Dime Commercial Bancshares's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Dime Commercial Bancshares was 13.40% per year. The lowest was 4.00% per year. And the median was 5.80% per year.

As of today (2026-08-06), Dime Commercial Bancshares's current stock price is €34.80. Dime Commercial Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €22.69. Dime Commercial Bancshares's Cyclically Adjusted PB Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dime Commercial Bancshares was 3.45. The lowest was 0.76. And the median was 1.74.


Dime Commercial Bancshares  (FRA:0NW) 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.

Dime Commercial Bancshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.80/22.69
=1.53

* 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 Dime Commercial Bancshares was 3.45. The lowest was 0.76. And the median was 1.74.


Be Aware

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


Dime Commercial Bancshares Cyclically Adjusted Book per Share Related Terms


Dime Commercial Bancshares Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dime Commercial Bancshares'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.

Dime Commercial Bancshares Cyclically Adjusted Book per Share Chart

Dime Commercial Bancshares 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 20.01 14.06 16.28

Dime Commercial Bancshares 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 17.66 16.26 16.28 22.26 22.69

FRA:0NW vs BY, HOPE, OCFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Dime Commercial Bancshares'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.


Dime Commercial Bancshares Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FRA:0NW
58GF Score
Dime Commercial Bancshares Inc FRA:0NW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dime Commercial Bancshares 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, Dime Commercial Bancshares'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)
=27.596/333.9520*333.9520
=27.596

Current CPI (Jun. 2026) = 333.9520.

Dime Commercial Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.178 241.428 18.228
201612 14.326 241.432 19.816
201703 14.266 243.801 19.541
201706 13.712 244.955 18.694
201709 13.139 246.819 17.777
201712 13.517 246.524 18.311
201803 13.154 249.554 17.603
201806 14.017 251.989 18.576
201809 14.128 252.439 18.690
201812 14.668 251.233 19.497
201903 14.896 254.202 19.569
201906 15.011 256.143 19.571
201909 15.378 256.759 20.001
201912 15.278 256.974 19.855
202003 15.319 258.115 19.820
202006 15.162 257.797 19.641
202009 14.837 260.280 19.037
202012 24.336 260.474 31.201
202103 21.361 264.877 26.932
202106 21.934 271.696 26.960
202109 22.642 274.310 27.565
202112 23.880 278.802 28.604
202203 23.902 287.504 27.764
202206 24.985 296.311 28.159
202209 26.819 296.808 30.175
202212 25.770 296.797 28.996
202303 25.867 301.836 28.619
202306 25.831 305.109 28.273
202309 26.262 307.789 28.494
202312 26.210 306.746 28.535
202403 26.533 312.332 28.370
202406 26.911 314.175 28.605
202409 26.404 315.301 27.966
202412 28.021 315.605 29.650
202503 27.359 319.799 28.570
202506 25.966 322.561 26.883
202509 25.931 324.800 26.662
202512 26.464 324.054 27.272
202603 27.102 330.213 27.409
202606 27.596 333.952 27.596

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 €22.69 mean?
Dime Commercial Bancshares (FRA:0NW) has a Cyclically Adjusted Book per Share of €22.69 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 Dime Commercial Bancshares and its competitors.
Is Dime Commercial Bancshares' Cyclically Adjusted Book per Share too high?
Dime Commercial Bancshares' current Cyclically Adjusted Book per Share is €22.69. Overall, Dime Commercial Bancshares has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Dime Commercial Bancshares' Cyclically Adjusted Book per Share compare to BY and HOPE?
Dime Commercial Bancshares' Cyclically Adjusted Book per Share of €22.69 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 Dime Commercial Bancshares and its competitors. Dime Commercial Bancshares's current Cyclically Adjusted Book per Share is €22.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dime Commercial Bancshares stock overvalued right now?
Dime Commercial Bancshares (FRA:0NW) has a current Cyclically Adjusted Book per Share of €22.69. The stock's GF Value™ is €30.55, compared to a current price of €34.80 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €22.69. Dime Commercial Bancshares' overall GF Score™ is 58/100 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 Dime Commercial Bancshares (FRA:0NW), the current Cyclically Adjusted Book per Share is €22.69 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 Dime Commercial Bancshares (FRA:0NW) Overvalued in 2026?

Based on GuruFocus' analysis, Dime Commercial Bancshares stock appears to be overvalued. The current stock price of €34.80 is trading 13.9% above its estimated GF Value™ of €30.55.

Key valuation signals for FRA:0NW:

  • Cyclically Adjusted Book per Share: €22.69
  • GF Value™: €30.55 vs. price of €34.80 (13.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the FRA:0NW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dime Commercial Bancshares Business Description

Other Exchanges DCOMp.PFD:USADCOM:USA
Address 898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788
Dime Commercial Bancshares Inc is the holding company for Dime Commercial Bank, a New York State-chartered trust company with approximately $15 billion in assets and the number one deposit market share on Greater Long Island.
58GF Score

Get the complete analysis for FRA:0NW

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

€34.80
Price
€30.55
GF Value