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MSBC (Mission Bancorp) Cyclically Adjusted Book per Share : $30.74 (As of Dec. 2024)


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What is Mission 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.

Mission Bancorp's adjusted book value per share for the three months ended in Dec. 2024 was $71.857. 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 $30.74 for the trailing ten years ended in Dec. 2024.

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 (2025-04-14), Mission Bancorp's current stock price is $90.00. Mission Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $30.74. Mission Bancorp's Cyclically Adjusted PB Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mission Bancorp was 3.53. The lowest was 2.93. And the median was 3.20.


Mission Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mission 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.

Mission Bancorp Cyclically Adjusted Book per Share Chart

Mission Bancorp Annual Data
Trend Dec05 Dec06 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 - - - - 30.74

Mission Bancorp Quarterly Data
Dec18 Dec19 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 - 25.32 27.11 28.94 30.74

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

For the Banks - Regional subindustry, Mission 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.


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

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

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


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Mission 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, Mission 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)
=71.857/133.1571*133.1571
=71.857

Current CPI (Dec. 2024) = 133.1571.

Mission Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200303 3.631 77.716 6.221
200306 3.694 77.505 6.346
200309 3.751 78.138 6.392
200312 3.863 77.758 6.615
200403 3.988 79.066 6.716
200406 4.101 80.037 6.823
200409 4.314 80.121 7.170
200412 4.508 80.290 7.476
200503 4.694 81.555 7.664
200506 4.966 82.062 8.058
200509 5.930 83.876 9.414
200512 6.530 83.032 10.472
200603 6.912 84.298 10.918
200606 7.329 85.606 11.400
200609 7.810 85.606 12.148
200612 8.400 85.142 13.137
200703 8.826 86.640 13.565
200706 9.307 87.906 14.098
200709 9.647 87.964 14.603
201712 22.015 104.011 28.184
201812 27.108 105.998 34.054
201912 32.682 108.420 40.139
202009 0.000 109.815 0.000
202012 41.432 109.897 50.201
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 45.928 115.734 52.842
202112 47.711 117.630 54.009
202203 45.716 121.301 50.184
202206 44.065 125.017 46.934
202209 45.163 125.227 48.023
202212 48.600 125.222 51.680
202303 51.747 127.348 54.108
202306 53.528 128.729 55.369
202309 55.641 129.860 57.054
202312 60.275 129.419 62.016
202403 63.485 131.776 64.150
202406 66.782 132.554 67.086
202409 70.074 133.029 70.142
202412 71.857 133.157 71.857

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


Mission Bancorp  (OTCPK:MSBC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.00/30.74
=2.93

* 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 Mission Bancorp was 3.53. The lowest was 2.93. And the median was 3.20.


Be Aware

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


Mission Bancorp Cyclically Adjusted Book per Share Related Terms

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


Mission Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
1301 17th Street, Bakersfield, CA, USA, 93301
Mission Bancorp through its wholly owned subsidiary Mission Bank is a single bank holding company. The company offers a full range of commercial banking services primarily to the business and professional community and individuals.