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FVCB (FVCBankcorp) Cyclically Adjusted Book per Share : $11.16 (As of Dec. 2024)


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What is FVCBankcorp 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.

FVCBankcorp's adjusted book value per share for the three months ended in Dec. 2024 was $12.929. 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 $11.16 for the trailing ten years ended in Dec. 2024.

During the past 12 months, FVCBankcorp's average Cyclically Adjusted Book Growth Rate was 9.30% 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.

As of today (2025-05-02), FVCBankcorp's current stock price is $11.42. FVCBankcorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $11.16. FVCBankcorp's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FVCBankcorp was 1.74. The lowest was 0.88. And the median was 1.16.


FVCBankcorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for FVCBankcorp'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.

FVCBankcorp Cyclically Adjusted Book per Share Chart

FVCBankcorp 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 - - 9.41 10.21 11.16

FVCBankcorp 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 10.55 10.78 10.98 11.16 -

Competitive Comparison of FVCBankcorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, FVCBankcorp'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.


FVCBankcorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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FVCBankcorp 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, FVCBankcorp'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)
=12.929/133.1571*133.1571
=12.929

Current CPI (Dec. 2024) = 133.1571.

FVCBankcorp Quarterly Data

Book Value per Share CPI Adj_Book
201409 5.125 100.428 6.795
201412 5.273 99.070 7.087
201503 5.407 99.621 7.227
201506 5.500 100.684 7.274
201512 5.739 99.792 7.658
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 5.018 101.863 6.560
201703 0.000 102.862 0.000
201706 5.323 103.349 6.858
201709 6.105 104.136 7.806
201712 7.234 104.011 9.261
201803 7.326 105.290 9.265
201806 7.509 106.317 9.405
201809 8.652 106.507 10.817
201812 9.237 105.998 11.604
201903 9.538 107.251 11.842
201906 9.836 108.070 12.119
201909 10.095 108.329 12.409
201912 10.305 108.420 12.656
202003 10.567 108.902 12.921
202006 10.738 108.767 13.146
202009 10.950 109.815 13.278
202012 11.221 109.897 13.596
202103 11.433 111.754 13.623
202106 11.764 114.631 13.665
202109 11.936 115.734 13.733
202112 12.227 117.630 13.841
202203 11.505 121.301 12.630
202206 11.315 125.017 12.052
202209 11.128 125.227 11.833
202212 11.581 125.222 12.315
202303 11.531 127.348 12.057
202306 11.868 128.729 12.276
202309 11.866 129.860 12.167
202312 12.193 129.419 12.545
202403 12.325 131.776 12.454
202406 12.454 132.554 12.511
202409 12.680 133.029 12.692
202412 12.929 133.157 12.929

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


FVCBankcorp  (NAS:FVCB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.42/11.16
=1.02

* 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 FVCBankcorp was 1.74. The lowest was 0.88. And the median was 1.16.


Be Aware

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


FVCBankcorp Cyclically Adjusted Book per Share Related Terms

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


FVCBankcorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
11325 Random Hills Road, Suite 240, Fairfax, VA, USA, 22030
FVCBankcorp Inc is a registered bank holding company. It operates through the sole subsidiary, FVCbank which is a community-oriented, locally-owned, and managed commercial bank. It offers commercial banking services to small and medium-sized businesses, professionals, non-profit organizations and associations, and investors. It also provides retail banking services to accommodate the individual needs of both corporate customers as well as the communities it serves. The bank provides other facilities such as online banking, mobile banking, remote deposit service, and lending products, among others. Its primary source of revenue is the net interest income.
Executives
Devin Satz director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Michael G. Nassy officer: Chief Credit Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
David W Pijor director, officer: Chairman/Chief Executive Offic 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Sharon L. Jackson officer: EVP, Chief Deposit Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Daniel M. Testa director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
B. Todd Dempsey officer: Chief Operating Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Wills Phillip R. Iii director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Steven M Wiltse director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Lawrence W Schwartz director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
William G Byers officer: Chief Lending Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Patterson Thomas L /va/ director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Jennifer L Deacon officer: Chief Financial Offier 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Patricia A Ferrick director, officer: President 6811 HARTWOOD LANE, CENTREVILLE VA 20121
Scott Laughlin director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Marc N. Duber director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030