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Berkshire Hills Bancorp (FRA:4I9) Cyclically Adjusted Book per Share : €0.00 (As of Dec. 2024)


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What is Berkshire Hills 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.

Berkshire Hills Bancorp's adjusted book value per share for the three months ended in Dec. 2024 was €24.015. 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 €0.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Berkshire Hills Bancorp's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Berkshire Hills Bancorp was 2.20% per year. The lowest was 0.10% per year. And the median was 1.25% per year.

As of today (2025-03-04), Berkshire Hills Bancorp's current stock price is €26.60. Berkshire Hills Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.00. Berkshire Hills Bancorp's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Berkshire Hills Bancorp was 1.39. The lowest was 0.29. And the median was 0.89.


Berkshire Hills Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Berkshire Hills 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.

Berkshire Hills Bancorp Cyclically Adjusted Book per Share Chart

Berkshire Hills 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 24.70 28.66 31.14 30.06 -

Berkshire Hills Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 30.06 31.10 30.86 28.47 -

Competitive Comparison of Berkshire Hills Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Berkshire Hills 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=24.015/133.1571*133.1571
=24.015

Current CPI (Dec. 2024) = 133.1571.

Berkshire Hills Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201503 26.207 99.621 35.029
201506 24.965 100.684 33.017
201509 25.380 100.392 33.663
201512 26.294 99.792 35.085
201603 26.207 100.470 34.733
201606 26.378 101.688 34.541
201609 26.699 101.861 34.902
201612 29.054 101.863 37.980
201703 28.774 102.862 37.248
201706 27.919 103.349 35.971
201709 26.660 104.136 34.090
201712 27.158 104.011 34.768
201803 26.050 105.290 32.945
201806 27.810 106.317 34.831
201809 28.146 106.507 35.189
201812 29.269 105.998 36.768
201903 29.869 107.251 37.084
201906 30.154 108.070 37.154
201909 31.200 108.329 38.351
201912 31.182 108.420 38.296
202003 30.683 108.902 37.517
202006 20.236 108.767 24.774
202009 19.555 109.815 23.712
202012 19.207 109.897 23.272
202103 19.360 111.754 23.068
202106 19.336 114.631 22.461
202109 20.580 115.734 23.678
202112 21.502 117.630 24.340
202203 20.782 121.301 22.813
202206 20.951 125.017 22.315
202209 21.137 125.227 22.476
202212 20.302 125.222 21.589
202303 20.936 127.348 21.891
202306 20.404 128.729 21.106
202309 20.334 129.860 20.850
202312 21.338 129.419 21.954
202403 21.401 131.776 21.625
202406 21.905 132.554 22.005
202409 22.439 133.029 22.461
202412 24.015 133.157 24.015

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


Berkshire Hills Bancorp  (FRA:4I9) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Berkshire Hills Bancorp was 1.39. The lowest was 0.29. And the median was 0.89.


Be Aware

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


Berkshire Hills Bancorp Cyclically Adjusted Book per Share Related Terms

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


Berkshire Hills Bancorp Business Description

Traded in Other Exchanges
Address
60 State Street, Boston, MA, USA, 02109
Berkshire Hills Bancorp Inc is a holding company. It provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.

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