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KISB (Kish Bancorp) Cyclically Adjusted Book per Share : $28.33 (As of Sep. 2024)


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What is Kish 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.

Kish Bancorp's adjusted book value per share for the three months ended in Sep. 2024 was $35.190. 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 $28.33 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kish Bancorp's average Cyclically Adjusted Book Growth Rate was 7.70% 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 (2025-05-18), Kish Bancorp's current stock price is $33.25. Kish Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $28.33. Kish Bancorp's Cyclically Adjusted PB Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kish Bancorp was 1.79. The lowest was 1.03. And the median was 1.24.


Kish Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kish 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.

Kish Bancorp Cyclically Adjusted Book per Share Chart

Kish Bancorp Annual Data
Trend Dec05 Dec06 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 - - 22.06 24.54 26.56

Kish 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 26.30 26.56 27.38 27.86 28.33

Competitive Comparison of Kish Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Kish 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.


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

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

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


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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=35.19/133.0289*133.0289
=35.190

Current CPI (Sep. 2024) = 133.0289.

Kish Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200512 11.614 83.032 18.607
200603 13.522 84.298 21.339
200606 13.583 85.606 21.108
200609 13.914 85.606 21.622
200612 14.264 85.142 22.287
200703 12.066 86.640 18.526
200706 11.641 87.906 17.616
200709 12.075 87.964 18.261
201612 21.866 101.863 28.556
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 22.635 104.011 28.950
201803 22.216 105.290 28.069
201806 22.449 106.317 28.089
201809 22.494 106.507 28.095
201812 23.214 105.998 29.134
201903 23.806 107.251 29.528
201906 24.049 108.070 29.603
201909 24.277 108.329 29.812
201912 24.914 108.420 30.569
202003 24.639 108.902 30.098
202006 25.267 108.767 30.903
202009 25.877 109.815 31.347
202012 26.877 109.897 32.534
202103 27.301 111.754 32.498
202106 28.223 114.631 32.753
202109 28.772 115.734 33.072
202112 29.304 117.630 33.140
202203 27.669 121.301 30.344
202206 26.513 125.017 28.212
202209 25.839 125.227 27.449
202212 27.262 125.222 28.962
202303 29.335 127.348 30.644
202306 29.788 128.729 30.783
202309 29.855 129.860 30.584
202312 32.199 129.419 33.097
202403 32.936 131.776 33.249
202406 33.414 132.554 33.534
202409 35.190 133.029 35.190

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


Kish Bancorp  (OTCPK:KISB) 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.

Kish Bancorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.25/28.33
=1.17

* 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 Kish Bancorp was 1.79. The lowest was 1.03. And the median was 1.24.


Be Aware

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


Kish Bancorp Cyclically Adjusted Book per Share Related Terms

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


Kish Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
4255 East Main Street (Route 655), P.O. Box 917, Belleville, PA, USA, 17004
Kish Bancorp Inc operates as a bank. It offers various services such as checking, savings, loans, online banking, and others. The bank generates its revenue in the form of interest income. The company provides commercial and industrial, agricultural, commercial mortgage, residential real estate, and consumer loans and deposit services for its customers.