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Polonia Bancorp (Polonia Bancorp) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2015)


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What is Polonia 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.

Polonia Bancorp's adjusted book value per share for the three months ended in Dec. 2015 was $11.198. 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 $0.00 for the trailing ten years ended in Dec. 2015.

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 (2024-05-26), Polonia Bancorp's current stock price is $11.10. Polonia Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 was $0.00. Polonia Bancorp's Cyclically Adjusted PB Ratio of today is .


Polonia Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Polonia 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.

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Polonia Bancorp Cyclically Adjusted Book per Share Chart

Polonia Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Polonia Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Polonia Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Polonia 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.


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

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

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



Polonia 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, Polonia Bancorp's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book= Book Value per Share /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=11.198/99.7924*99.7924
=11.198

Current CPI (Dec. 2015) = 99.7924.

Polonia Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200603 0.000 84.298 0.000
200606 0.000 85.606 0.000
200609 0.000 85.606 0.000
200612 3.562 85.142 4.175
200703 7.419 86.640 8.545
200706 7.214 87.906 8.189
200709 7.129 87.964 8.088
200712 7.402 88.616 8.336
200803 7.478 90.090 8.283
200806 7.198 92.320 7.781
200809 7.136 92.307 7.715
200812 7.366 88.697 8.287
200903 7.408 89.744 8.237
200906 7.436 91.003 8.154
200909 7.523 91.120 8.239
200912 7.446 91.111 8.155
201003 7.601 91.821 8.261
201006 7.677 91.962 8.331
201009 7.769 92.162 8.412
201012 8.635 92.474 9.318
201103 8.675 94.283 9.182
201106 8.763 95.235 9.182
201109 8.726 95.727 9.097
201112 8.760 95.213 9.181
201203 8.822 96.783 9.096
201206 8.823 96.819 9.094
201209 8.857 97.633 9.053
201212 11.729 96.871 12.083
201303 11.726 98.209 11.915
201306 11.714 98.518 11.866
201309 11.615 98.790 11.733
201312 11.477 98.326 11.648
201403 11.491 99.695 11.502
201406 11.565 100.560 11.477
201409 11.636 100.428 11.562
201412 11.079 99.070 11.160
201503 11.713 99.621 11.733
201506 11.704 100.684 11.600
201509 11.977 100.392 11.906
201512 11.198 99.792 11.198

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


Polonia Bancorp  (OTCBB:PBCP) 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.


Be Aware

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


Polonia Bancorp Cyclically Adjusted Book per Share Related Terms

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


Polonia Bancorp (Polonia Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Polonia Bancorp Inc is a Maryland corporation that was incorporated in August 2011. The Company is headquartered in Huntingdon Valley and operates as a community-oriented financial institution dedicated to serving the financial services needs of consumers and businesses within its market areas. The Bank is engaged mainly in the business of attracting deposits from the general public and using using such funds to originate loans. Polonia Bank also maintains an investment portfolio. Polonia Bank's primary federal regulator is the Office of the Comptroller of the Currency (OCC). Its loan portfolio consists of one- to four-family residential real estate loans, multi-family and nonresidential real estate loans, home equity loans, commercial loans and consumer loans. Currently, it offers only fixed-rate mortgage products. The one- to four-family residential real estate loans are normally originated with up to 30-year terms, such loans typically remain outstanding for substantially shorter periods because borrowers often prepay their loans in full upon sale of the property pledged as security or upon refinancing the original loan. The multi-family and nonresidential real estate loans are generally secured by apartment buildings, small office buildings and owner-occupied properties. It offers loans with adjustable interest rates tied to a market index in its market area. It offers consumer loans in the form of loans secured by savings accounts or time deposits. The Company has the legal authority to invest in various types of liquid assets, including U.S. Treasury obligations, securities of various federal agencies and municipal governments, corporate securities, mortgage-backed securities, deposits at the FHLB of Pittsburgh and time deposits of federally insured institutions. The Company faces competition for the attraction of deposits and origination of loans. The Company's direct competition for deposits has historically come from the several financial institutions operating in its market areas and, to a lesser extent, from other financial service companies such as brokerage firms, credit unions and insurance companies. The Company is subject to regulation, supervision and examination by the Federal Reserve Board and the OCC, its main federal regulator, and by the FDIC, as insurer of its deposits.
Executives
Kevin J Gallagher officer: Chief Lending Officer of Sub 3993 HUNTINGDON PIKE, 3RD FLOOR HUNTINGDON VALLEY PA 19006
Joseph Svetik director, officer: President and CEO 200 PALMER STREET, STROUDSBURG PA 18360

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