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NorthEast Community Bancorp (FRA:JY4) Cyclically Adjusted Book per Share : €12.94 (As of Jun. 2024)


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What is NorthEast Community 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.

NorthEast Community Bancorp's adjusted book value per share for the three months ended in Jun. 2024 was €21.980. 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 €12.94 for the trailing ten years ended in Jun. 2024.

During the past 12 months, NorthEast Community Bancorp's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Community Bancorp was 10.90% per year. The lowest was 2.40% per year. And the median was 3.20% per year.

As of today (2024-10-31), NorthEast Community Bancorp's current stock price is €24.60. NorthEast Community Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €12.94. NorthEast Community Bancorp's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NorthEast Community Bancorp was 1.98. The lowest was 0.74. And the median was 1.13.


NorthEast Community Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for NorthEast Community 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.

NorthEast Community Bancorp Cyclically Adjusted Book per Share Chart

NorthEast Community 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 - - - 11.24 12.06

NorthEast Community Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.37 12.06 12.73 12.94 -

Competitive Comparison of NorthEast Community Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, NorthEast Community 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=21.98/132.5538*132.5538
=21.980

Current CPI (Jun. 2024) = 132.5538.

NorthEast Community Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201109 6.143 95.727 8.506
201112 6.435 95.213 8.959
201203 6.416 96.783 8.787
201206 6.749 96.819 9.240
201209 6.508 97.633 8.836
201212 6.258 96.871 8.563
201303 6.349 98.209 8.569
201306 6.253 98.518 8.413
201309 6.190 98.790 8.306
201312 6.051 98.326 8.157
201403 6.007 99.695 7.987
201406 6.142 100.560 8.096
201409 6.494 100.428 8.571
201412 6.827 99.070 9.134
201503 7.770 99.621 10.339
201506 7.540 100.684 9.927
201509 7.601 100.392 10.036
201512 7.889 99.792 10.479
201612 8.665 101.863 11.276
201712 8.243 104.011 10.505
201812 9.495 105.998 11.874
201912 10.488 108.420 12.823
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 10.369 109.897 12.507
202103 10.816 111.754 12.829
202106 10.948 114.631 12.660
202109 12.907 115.734 14.783
202112 13.584 117.630 15.307
202203 14.103 121.301 15.411
202206 14.805 125.017 15.698
202209 16.198 125.227 17.146
202212 15.410 125.222 16.312
202303 15.998 127.348 16.652
202306 16.546 128.729 17.038
202309 19.414 129.860 19.817
202312 19.994 129.419 20.478
202403 20.877 131.776 21.000
202406 21.980 132.554 21.980

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


NorthEast Community Bancorp  (FRA:JY4) 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 Community Bancorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.60/12.94
=1.90

* 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 Community Bancorp was 1.98. The lowest was 0.74. And the median was 1.13.


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 Community Bancorp Cyclically Adjusted Book per Share Related Terms

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


NorthEast Community Bancorp Business Description

Traded in Other Exchanges
Address
325 Hamilton Avenue, White Plains, NY, USA, 10601
NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.

NorthEast Community Bancorp Headlines

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