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NewtekOne (NewtekOne) Cyclically Adjusted Book per Share : $17.36 (As of Mar. 2024)


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What is NewtekOne 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.

NewtekOne's adjusted book value per share for the three months ended in Mar. 2024 was $9.484. 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 $17.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NewtekOne's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 NewtekOne was 9.20% per year. The lowest was 2.20% per year. And the median was 5.85% per year.

As of today (2024-07-25), NewtekOne's current stock price is $14.56. NewtekOne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.36. NewtekOne's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NewtekOne was 2.70. The lowest was 0.60. And the median was 1.45.


NewtekOne Cyclically Adjusted Book per Share Historical Data

The historical data trend for NewtekOne'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.

NewtekOne Cyclically Adjusted Book per Share Chart

NewtekOne Annual Data
Trend Dec14 Dec15 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 13.10 13.93 15.62 17.08 17.17

NewtekOne Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.26 17.33 17.35 17.17 17.36

Competitive Comparison of NewtekOne's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, NewtekOne'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.


NewtekOne's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



NewtekOne 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, NewtekOne's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.484/131.7762*131.7762
=9.484

Current CPI (Mar. 2024) = 131.7762.

NewtekOne Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.086 100.560 14.527
201409 10.909 100.428 14.314
201412 16.306 99.070 21.689
201503 16.614 99.621 21.977
201506 16.592 100.684 21.716
201509 16.878 100.392 22.154
201512 14.057 99.792 18.562
201603 14.099 100.470 18.492
201606 14.114 101.688 18.290
201609 14.264 101.861 18.453
201612 14.298 101.863 18.497
201703 14.307 102.862 18.329
201706 14.355 103.349 18.303
201709 14.417 104.136 18.244
201712 15.080 104.011 19.106
201803 15.046 105.290 18.831
201806 15.059 106.317 18.665
201809 15.276 106.507 18.900
201812 15.193 105.998 18.888
201903 15.310 107.251 18.811
201906 15.329 108.070 18.692
201909 15.414 108.329 18.750
201912 15.695 108.420 19.076
202003 14.995 108.902 18.145
202006 15.664 108.767 18.978
202009 15.134 109.815 18.161
202012 15.446 109.897 18.521
202103 16.283 111.754 19.200
202106 16.378 114.631 18.828
202109 16.225 115.734 18.474
202112 16.718 117.630 18.729
202203 16.493 121.301 17.917
202206 16.312 125.017 17.194
202209 16.041 125.227 16.880
202212 15.253 125.222 16.051
202303 8.077 127.348 8.358
202306 8.185 128.729 8.379
202309 8.411 129.860 8.535
202312 9.291 129.419 9.460
202403 9.484 131.776 9.484

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


NewtekOne  (NAS:NEWT) 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.

NewtekOne's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.56/17.36
=0.84

* 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 NewtekOne was 2.70. The lowest was 0.60. And the median was 1.45.


Be Aware

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


NewtekOne Cyclically Adjusted Book per Share Related Terms

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


NewtekOne (NewtekOne) Business Description

Industry
Traded in Other Exchanges
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.
Executives
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Barry Sloane director, officer: CEO and President
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Michael Scott Price officer: Chief Financial Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Sam Kirschner director 60 EAST 8TH STREET, #20K, NEW YORK NY 10003
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
John Raven officer: Chief Info. Security Officer