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KSBI (KS Bancorp) Cyclically Adjusted Book per Share : $27.60 (As of Dec. 2024)


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What is KS 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.

KS Bancorp's adjusted book value per share for the three months ended in Dec. 2024 was $40.887. 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 $27.60 for the trailing ten years ended in Dec. 2024.

During the past 12 months, KS Bancorp's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 KS Bancorp was 14.20% per year. The lowest was 9.10% per year. And the median was 10.60% per year.

As of today (2025-05-02), KS Bancorp's current stock price is $53.50. KS Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $27.60. KS Bancorp's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KS Bancorp was 2.94. The lowest was 1.44. And the median was 2.08.


KS Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for KS 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.

KS Bancorp Cyclically Adjusted Book per Share Chart

KS Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.38 20.08 22.50 24.82 27.60

KS Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 24.82 25.73 26.38 27.04 27.60

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

For the Banks - Regional subindustry, KS 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.


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

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

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


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KS 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, KS Bancorp'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)
=40.887/133.1571*133.1571
=40.887

Current CPI (Dec. 2024) = 133.1571.

KS Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200303 12.234 77.716 20.962
200306 12.498 77.505 21.472
200309 12.422 78.138 21.169
200312 12.418 77.758 21.265
200403 12.572 79.066 21.173
200406 12.068 80.037 20.078
200409 12.568 80.121 20.887
200412 12.647 80.290 20.975
200503 11.732 81.555 19.155
200506 11.753 82.062 19.071
200509 11.851 83.876 18.814
200512 11.918 83.032 19.113
200603 12.092 84.298 19.101
200606 12.097 85.606 18.817
200609 12.880 85.606 20.034
200612 13.215 85.142 20.668
200703 13.432 86.640 20.644
200706 13.150 87.906 19.919
200709 13.718 87.964 20.766
201912 24.234 108.420 29.763
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 28.822 109.897 34.922
202103 29.492 111.754 35.140
202106 30.881 114.631 35.872
202109 32.174 115.734 37.018
202112 33.073 117.630 37.439
202203 30.597 121.301 33.588
202206 28.772 125.017 30.645
202209 27.317 125.227 29.047
202212 29.094 125.222 30.938
202303 33.805 127.348 35.347
202306 34.145 128.729 35.320
202309 32.859 129.860 33.693
202312 36.532 129.419 37.587
202403 37.997 131.776 38.395
202406 39.279 132.554 39.458
202409 42.040 133.029 42.081
202412 40.887 133.157 40.887

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


KS Bancorp  (OTCPK:KSBI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.50/27.60
=1.94

* 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 KS Bancorp was 2.94. The lowest was 1.44. And the median was 2.08.


Be Aware

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


KS Bancorp Cyclically Adjusted Book per Share Related Terms

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


KS Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
1031 North Brightleaf Boulevard, PO Box 661, Smithfield, NC, USA, 27577
KS Bancorp Inc is a community bank. The Bank's operations are retail oriented and directed toward individuals and small to medium-sized businesses located in company's banking market. The Bank provides traditional banking services which include taking of demand deposits and the making of consumer and commercial loans. The Bank's primary source of revenue is the interest income derived from its lending activities.