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Eagle Bancorp (FRA:2ZI) Cyclically Adjusted Book per Share : €33.79 (As of Mar. 2024)


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What is Eagle 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.

Eagle Bancorp's adjusted book value per share for the three months ended in Mar. 2024 was €38.384. 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 €33.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eagle Bancorp's average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.20% 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 Eagle Bancorp was 17.30% per year. The lowest was 11.10% per year. And the median was 15.50% per year.

As of today (2024-05-22), Eagle Bancorp's current stock price is €18.50. Eagle Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €33.79. Eagle Bancorp's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eagle Bancorp was 5.21. The lowest was 0.50. And the median was 3.05.


Eagle Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eagle 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.

Eagle Bancorp Cyclically Adjusted Book per Share Chart

Eagle Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 13.75 24.48 30.63 33.14

Eagle Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.08 32.37 33.10 33.14 33.79

Competitive Comparison of Eagle Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Eagle 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.


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

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

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



Eagle 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, Eagle Bancorp's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=38.384/131.7762*131.7762
=38.384

Current CPI (Mar. 2024) = 131.7762.

Eagle Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.486 100.560 13.741
201409 11.511 100.428 15.104
201412 14.769 99.070 19.645
201503 18.579 99.621 24.576
201506 18.494 100.684 24.205
201509 19.048 100.392 25.003
201512 20.259 99.792 26.752
201603 20.390 100.470 26.743
201606 20.899 101.688 27.083
201609 21.635 101.861 27.989
201612 23.483 101.863 30.379
201703 23.931 102.862 30.658
201706 23.511 103.349 29.978
201709 22.930 104.136 29.016
201712 23.493 104.011 29.764
201803 23.292 105.290 29.151
201806 25.530 106.317 31.644
201809 26.519 106.507 32.811
201812 28.346 105.998 35.240
201903 29.429 107.251 36.159
201906 30.352 108.070 37.010
201909 31.898 108.329 38.802
201912 32.237 108.420 39.182
202003 32.683 108.902 39.548
202006 32.734 108.767 39.659
202009 32.228 109.815 38.673
202012 32.096 109.897 38.486
202103 33.138 111.754 39.075
202106 33.924 114.631 38.998
202109 35.431 115.734 40.342
202112 37.416 117.630 41.916
202203 36.217 121.301 39.345
202206 36.940 125.017 38.937
202209 38.400 125.227 40.408
202212 36.990 125.222 38.926
202303 37.285 127.348 38.582
202306 37.638 128.729 38.529
202309 38.080 129.860 38.642
202312 39.047 129.419 39.758
202403 38.384 131.776 38.384

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


Eagle Bancorp  (FRA:2ZI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.50/33.79
=0.55

* 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 Eagle Bancorp was 5.21. The lowest was 0.50. And the median was 3.05.


Be Aware

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


Eagle Bancorp Cyclically Adjusted Book per Share Related Terms

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


Eagle Bancorp (FRA:2ZI) Business Description

Industry
Traded in Other Exchanges
Address
7830 Old Georgetown Road, Third Floor, Bethesda, MD, USA, 20814
Eagle Bancorp Inc is a bank holding company that operates through its wholly-owned subsidiary, EagleBank which offers a broad range of commercial banking services to business and professional clients, and consumer banking services to individuals. These services include commercial loans for a variety of business purposes such as for working capital, equipment purchases, real estate lines of credit and government contract financing, asset-based lending and accounts receivable financing, construction and commercial real estate loans, business equipment financing, consumer home equity lines of credit, personal lines of credit and term loans, consumer loans, personal credit cards, residential mortgage loans.

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