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Northeast Bank (FRA:73K) Cyclically Adjusted Book per Share : €26.35 (As of Mar. 2025)


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What is Northeast Bank 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.

Northeast Bank's adjusted book value per share for the three months ended in Mar. 2025 was €50.728. 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 €26.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Northeast Bank's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 Northeast Bank was 15.40% per year. The lowest was -3.10% per year. And the median was 5.20% per year.

As of today (2025-05-25), Northeast Bank's current stock price is €72.50. Northeast Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €26.35. Northeast Bank's Cyclically Adjusted PB Ratio of today is 2.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northeast Bank was 4.00. The lowest was 0.55. And the median was 1.39.


Northeast Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northeast 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.

* Premium members only.

Northeast Bank Cyclically Adjusted Book per Share Chart

Northeast Bank Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.35 18.16 20.02 22.21

Northeast Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 22.41 22.21 23.29 25.82 26.35

Competitive Comparison of Northeast Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Northeast 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.


Northeast Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Northeast 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, Northeast Bank's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=50.728/134.9266*134.9266
=50.728

Current CPI (Mar. 2025) = 134.9266.

Northeast Bank Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.476 100.684 14.039
201509 10.562 100.392 14.195
201512 11.052 99.792 14.943
201603 11.022 100.470 14.802
201606 11.137 101.688 14.777
201609 11.255 101.861 14.909
201612 12.339 101.863 16.344
201703 12.588 102.862 16.512
201706 12.374 103.349 16.155
201709 11.958 104.136 15.494
201712 12.289 104.011 15.942
201803 12.157 105.290 15.579
201806 13.256 106.317 16.823
201809 13.583 106.507 17.207
201812 14.424 105.998 18.361
201903 14.993 107.251 18.862
201906 15.032 108.070 18.768
201909 15.882 108.329 19.781
201912 16.246 108.420 20.218
202003 16.721 108.902 20.717
202006 17.842 108.767 22.133
202009 17.883 109.815 21.972
202012 17.924 109.897 22.006
202103 21.829 111.754 26.355
202106 23.667 114.631 27.857
202109 24.909 115.734 29.040
202112 27.089 117.630 31.072
202203 29.080 121.301 32.347
202206 31.566 125.017 34.068
202209 34.062 125.227 36.700
202212 33.108 125.222 35.674
202303 34.572 127.348 36.629
202306 35.705 128.729 37.424
202309 37.443 129.860 38.904
202312 38.487 129.419 40.125
202403 40.582 131.776 41.552
202406 43.048 132.554 43.819
202409 43.070 133.029 43.684
202412 49.937 133.157 50.601
202503 50.728 134.927 50.728

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


Northeast Bank  (FRA:73K) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.50/26.35
=2.75

* 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 Northeast Bank was 4.00. The lowest was 0.55. And the median was 1.39.


Be Aware

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


Northeast Bank Cyclically Adjusted Book per Share Related Terms

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


Northeast Bank Business Description

Industry
Traded in Other Exchanges
Address
27 Pearl Street, Portland, ME, USA, 04101
Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through two primary channels: the Community Banking Division, and the Small Business Administration (SBA) National Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans, and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.

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