BayCom (FRA:B2J) Cyclically Adjusted Book per Share: €23.39 (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:B2J BayCom Corp FRA:B2J
73 GF Score
Price €25.40
GF Value €24.66
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is BayCom Cyclically Adjusted Book per Share?

BayCom FRA:B2J -0.78% 73 Cyclically Adjusted Book per Share is €23.39 as of Jun. 2026. GuruFocus rates FRA:B2J with a GF Score™ of 73/100 and a GF Value™ of €24.66 (Fairly Valued). The stock has 2 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.

BayCom's adjusted book value per share for the three months ended in Jun. 2026 was €26.686. 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 €23.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BayCom's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% 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 BayCom was 18.00% per year. The lowest was 15.10% per year. And the median was 16.55% per year.

As of today (2026-08-22), BayCom's current stock price is €25.40. BayCom's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €23.39. BayCom's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BayCom was 1.56. The lowest was 0.85. And the median was 1.12.


BayCom  (FRA:B2J) 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.

BayCom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.40/23.39
=1.09

* 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 BayCom was 1.56. The lowest was 0.85. And the median was 1.12.


Be Aware

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


BayCom Cyclically Adjusted Book per Share Related Terms


BayCom Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BayCom'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.

BayCom Cyclically Adjusted Book per Share Chart

BayCom 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 12.71 15.58 18.31 18.91 21.92

BayCom 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 21.17 21.62 21.92 22.97 23.39

FRA:B2J vs MSBC, TSBK, AVBH: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, BayCom'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.


BayCom Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FRA:B2J
73GF Score
BayCom Corp FRA:B2J
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BayCom 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, BayCom'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)
=26.686/333.9520*333.9520
=26.686

Current CPI (Jun. 2026) = 333.9520.

BayCom Quarterly Data

Book Value per Share CPI Adj_Book
201512 12.096 236.525 17.078
201612 13.524 241.432 18.707
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 13.372 246.524 18.114
201803 9.146 249.554 12.239
201806 15.250 251.989 20.210
201809 15.558 252.439 20.582
201812 16.235 251.233 21.580
201903 16.771 254.202 22.033
201906 17.230 256.143 22.464
201909 18.133 256.759 23.585
201912 18.385 256.974 23.892
202003 18.763 258.115 24.276
202006 18.883 257.797 24.461
202009 18.321 260.280 23.507
202012 18.382 260.474 23.567
202103 19.113 264.877 24.097
202106 19.592 271.696 24.081
202109 20.464 274.310 24.913
202112 21.761 278.802 26.066
202203 21.552 287.504 25.034
202206 22.511 296.311 25.371
202209 24.287 296.808 27.326
202212 23.321 296.797 26.240
202303 23.528 301.836 26.031
202306 23.813 305.109 26.064
202309 24.662 307.789 26.758
202312 24.838 306.746 27.041
202403 25.411 312.332 27.170
202406 26.216 314.175 27.866
202409 26.041 315.301 27.581
202412 27.855 315.605 29.474
202503 27.470 319.799 28.686
202506 26.195 322.561 27.120
202509 26.087 324.800 26.822
202512 26.554 324.054 27.365
202603 27.276 330.213 27.585
202606 26.686 333.952 26.686

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 €23.39 mean?
BayCom (FRA:B2J) has a Cyclically Adjusted Book per Share of €23.39 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 BayCom and its competitors.
Is BayCom's Cyclically Adjusted Book per Share too high?
BayCom's current Cyclically Adjusted Book per Share is €23.39. Overall, BayCom has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BayCom's Cyclically Adjusted Book per Share compare to MSBC and TSBK?
BayCom's Cyclically Adjusted Book per Share of €23.39 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 BayCom and its competitors. BayCom's current Cyclically Adjusted Book per Share is €23.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayCom stock overvalued right now?
Based on GuruFocus' analysis, BayCom (FRA:B2J) is currently considered Fairly Valued. The stock's GF Value™ is €24.66, compared to a current price of €25.40 — trading 3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €23.39. BayCom's overall GF Score™ is 73/100 with 2 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 BayCom (FRA:B2J), the current Cyclically Adjusted Book per Share is €23.39 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 BayCom (FRA:B2J) Overvalued in 2026?

Based on GuruFocus' analysis, BayCom stock appears to be overvalued. The current stock price of €25.40 is trading 3% above its estimated GF Value™ of €24.66. GuruFocus considers BayCom to be Fairly Valued.

Key valuation signals for FRA:B2J:

  • Cyclically Adjusted Book per Share: €23.39
  • GF Value™: €24.66 vs. price of €25.40 (3% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the FRA:B2J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BayCom Business Description

Other Exchanges BCML:USA
Address 500 Ygnacio Valley Road, Walnut Creek, CA, USA, 94596
BayCom Corp is a bank holding company for United Business Bank. It provides a broad range of financial services to businesses and business owners as well as individuals through its full-service branches and loan production office. The company targets its services to small and medium-sized businesses, professional firms, real estate professionals, nonprofit businesses, labor unions, and related nonprofit entities and businesses, and individual consumers. Its products and services include deposit products, personal accounts, loans, online banking, cash management, and business savings services. The Company operates as one reportable segment: banking operations.
73GF Score

Get the complete analysis for FRA:B2J

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

€25.40
Price
€24.66
GF Value