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NASB (NASB Financial) Cyclically Adjusted Book per Share : $46.35 (As of Jun. 2024)


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What is NASB Financial 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.

NASB Financial's adjusted book value per share for the three months ended in Jun. 2024 was $55.063. 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 $46.35 for the trailing ten years ended in Jun. 2024.

During the past 12 months, NASB Financial's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of NASB Financial was 13.40% per year. The lowest was -2.10% per year. And the median was 3.70% per year.

As of today (2025-05-18), NASB Financial's current stock price is $33.45. NASB Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $46.35. NASB Financial's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NASB Financial was 2.36. The lowest was 0.59. And the median was 1.46.


NASB Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for NASB Financial'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.

NASB Financial Cyclically Adjusted Book per Share Chart

NASB Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.06 30.05 34.70 40.27 43.84

NASB Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 42.97 43.84 44.24 45.56 46.35

Competitive Comparison of NASB Financial's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, NASB Financial'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.


NASB Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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NASB Financial 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, NASB Financial's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=55.063/132.5538*132.5538
=55.063

Current CPI (Jun. 2024) = 132.5538.

NASB Financial Quarterly Data

Book Value per Share CPI Adj_Book
201409 26.635 100.428 35.155
201412 27.029 99.070 36.164
201503 25.407 99.621 33.806
201506 26.304 100.684 34.630
201509 26.658 100.392 35.198
201512 27.101 99.792 35.998
201603 27.353 100.470 36.088
201606 27.965 101.688 36.453
201609 28.920 101.861 37.634
201612 29.782 101.863 38.755
201703 30.211 102.862 38.932
201706 30.716 103.349 39.396
201709 31.551 104.136 40.161
201712 32.124 104.011 40.939
201803 30.329 105.290 38.183
201806 30.704 106.317 38.281
201809 31.372 106.507 39.044
201812 31.771 105.998 39.731
201903 32.578 107.251 40.264
201906 34.080 108.070 41.801
201909 35.562 108.329 43.514
201912 37.081 108.420 45.335
202003 36.930 108.902 44.951
202006 42.621 108.767 51.942
202009 47.426 109.815 57.246
202012 50.511 109.897 60.925
202103 52.804 111.754 62.632
202106 53.813 114.631 62.227
202109 53.133 115.734 60.855
202112 53.291 117.630 60.052
202203 52.894 121.301 57.801
202206 52.532 125.017 55.699
202209 51.151 125.227 54.144
202212 51.024 125.222 54.012
202303 51.596 127.348 53.705
202306 52.314 128.729 53.868
202309 52.282 129.860 53.367
202312 53.929 129.419 55.235
202403 54.429 131.776 54.750
202406 55.063 132.554 55.063

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


NASB Financial  (OTCPK:NASB) 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.

NASB Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.45/46.35
=0.72

* 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 NASB Financial was 2.36. The lowest was 0.59. And the median was 1.46.


Be Aware

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


NASB Financial Cyclically Adjusted Book per Share Related Terms

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


NASB Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
12498 South 71 Highway, Grandview, MO, USA, 64030
NASB Financial Inc is a federally chartered stock savings bank, whose business is to attract deposits from the general public and to originate real estate loans, other loans, and short-term investments. It has a portfolio of mortgage loans that are secured by multifamily, construction, development, and commercial real estate properties. Its sources of income include interest on loans, interest on MBS, interest on investment securities, customer service fees, and mortgage banking fees.
Executives
Frederick V Arbanas director 3350 SOUTHWEST HOOK ROAD, LEE'S SUMMIT MO 64082
David H Hancock director, 10 percent owner, officer: Chairman and CEO 12498 S 71 HIGHWAY, GRANDVIEW MO 64030
Linda S Hancock director 5049 WORNALL RD 5EF, KANSAS CITY MO 64112
Wagers Thomas B Sr officer: Vice President 6444 SUMMIT STREET, KANSAS CITY MO 64113
John M Nesselrode officer: Vice President 22004 W 52ND, SHAWNEE KS 66226
Braman Michael P Jr officer: Vice President 14074 S BLACKFOOT COURT, OLATHE KS 66062
Dena K Sanders officer: Vice President 7401 WARD PARKWAY, KANSAS CITY MO 64114
Derek A Bridges officer: Vice President 3607 W 156TH TERRACE, OVERLAND PARK KS 66224
Barrett Brady director 411 W 46TH TERRACE, APT 503, KANSAS CITY MO 64112
Laura Brady director 4949 WORNALL ROAD #300, KANSAS CITY MO 64112
Michael G Anderson officer: Vice President 14321 MELROSE STREET, OVERLAND PARK KS 66221
Russell W Welsh director 644 N MEYER BLVD, KANSAS CITY MO 64113
Jim A Watson director, officer: Vice President 19 WEST 70TH STREET, KANSAS CITY MO 64113
Fletcher M Lamkin director 501 WESTMINSTER AVE., FULTON MO 65251
Wade M Hall officer: Vice President 14300 CONNELL ST, OVERLAND PARK KS 66021

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