KTHN (Katahdin Bankshares) Cyclically Adjusted Book per Share: $26.80 (As of Mar. 2026)


KTHN Katahdin Bankshares Corp KTHN
58 GF Score
Price $35.00
GF Value $27.41
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Katahdin Bankshares Cyclically Adjusted Book per Share?

Katahdin Bankshares KTHN 58 Cyclically Adjusted Book per Share is $26.80 as of Mar. 2026. GuruFocus rates KTHN with a GF Score™ of 58/100 and a GF Value™ of $27.41 (Modestly Overvalued). The stock has 6 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.

Katahdin Bankshares's adjusted book value per share for the three months ended in Mar. 2026 was $32.684. 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 $26.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Katahdin Bankshares's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Katahdin Bankshares was 10.10% per year. The lowest was 6.50% per year. And the median was 7.00% per year.

As of today (2026-07-01), Katahdin Bankshares's current stock price is $35.00. Katahdin Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $26.80. Katahdin Bankshares's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Katahdin Bankshares was 1.32. The lowest was 0.86. And the median was 1.03.


Katahdin Bankshares  (OTCPK:KTHN) 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.

Katahdin Bankshares's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.00/26.80
=1.31

* 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 Katahdin Bankshares was 1.32. The lowest was 0.86. And the median was 1.03.


Be Aware

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


Katahdin Bankshares Cyclically Adjusted Book per Share Related Terms


Katahdin Bankshares Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Katahdin Bankshares'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.

Katahdin Bankshares Cyclically Adjusted Book per Share Chart

Katahdin Bankshares 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 19.89 21.56 23.10 24.35 26.03

Katahdin Bankshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 24.91 25.36 25.81 26.03 26.80

KTHN vs UNIB, PNBK, FKYS: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Katahdin Bankshares'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.


Katahdin Bankshares Cyclically Adjusted PB Ratio vs Banks Industry

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

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


KTHN
58GF Score
Katahdin Bankshares Corp KTHN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Katahdin Bankshares 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, Katahdin Bankshares's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=32.684/330.2130*330.2130
=32.684

Current CPI (Mar. 2026) = 330.2130.

Katahdin Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.999 241.018 21.920
201609 16.322 241.428 22.324
201612 16.054 241.432 21.957
201703 16.246 243.801 22.004
201706 16.605 244.955 22.384
201709 16.644 246.819 22.268
201712 16.727 246.524 22.405
201803 16.724 249.554 22.129
201806 16.908 251.989 22.157
201809 17.217 252.439 22.521
201812 17.951 251.233 23.594
201903 18.491 254.202 24.020
201906 19.282 256.143 24.858
201909 19.882 256.759 25.570
201912 20.445 256.974 26.272
202003 20.443 258.115 26.153
202006 21.179 257.797 27.128
202009 21.791 260.280 27.646
202012 22.863 260.474 28.984
202103 23.568 264.877 29.381
202106 24.014 271.696 29.186
202109 24.743 274.310 29.785
202112 25.159 278.802 29.798
202203 24.208 287.504 27.804
202206 23.316 296.311 25.984
202209 23.133 296.808 25.737
202212 24.317 296.797 27.055
202303 25.189 301.836 27.557
202306 25.513 305.109 27.612
202309 25.359 307.789 27.207
202312 27.457 306.746 29.558
202403 27.438 312.332 29.009
202406 28.072 314.175 29.505
202409 29.540 315.301 30.937
202412 28.831 315.605 30.165
202503 29.734 319.799 30.702
202506 30.096 322.561 30.810
202509 31.643 324.800 32.170
202512 32.630 324.054 33.250
202603 32.684 330.213 32.684

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 $26.80 mean?
Katahdin Bankshares (KTHN) has a Cyclically Adjusted Book per Share of $26.80 as of Mar. 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 Katahdin Bankshares and its competitors.
Is Katahdin Bankshares' Cyclically Adjusted Book per Share too high?
Katahdin Bankshares' current Cyclically Adjusted Book per Share is $26.80. Overall, Katahdin Bankshares has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Katahdin Bankshares' Cyclically Adjusted Book per Share compare to UNIB and PNBK?
Katahdin Bankshares' Cyclically Adjusted Book per Share of $26.80 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 Katahdin Bankshares and its competitors. Katahdin Bankshares's current Cyclically Adjusted Book per Share is $26.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katahdin Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Katahdin Bankshares (KTHN) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.41, compared to a current price of $35.00 — trading 27.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $26.80. Katahdin Bankshares' overall GF Score™ is 58/100 with 6 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 Katahdin Bankshares (KTHN), the current Cyclically Adjusted Book per Share is $26.80 as of Mar. 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 Katahdin Bankshares (KTHN) Overvalued in 2026?

Based on GuruFocus' analysis, Katahdin Bankshares stock appears to be overvalued. The current stock price of $35.00 is trading 27.7% above its estimated GF Value™ of $27.41. GuruFocus considers Katahdin Bankshares to be Modestly Overvalued.

Key valuation signals for KTHN:

  • Cyclically Adjusted Book per Share: $26.80
  • GF Value™: $27.41 vs. price of $35.00 (27.7% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Katahdin Bankshares Business Description

Address 20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730
Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.
58GF Score

Get the complete analysis for KTHN

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

$35.00
Price
$27.41
GF Value