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Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Cyclically Adjusted Book per Share : $23.65 (As of Dec. 2023)


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What is Peoples Bancorp of North Carolina 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.

Peoples Bancorp of North Carolina's adjusted book value per share for the three months ended in Dec. 2023 was $21.866. 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 $23.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Peoples Bancorp of North Carolina's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Peoples Bancorp of North Carolina was 8.80% per year. The lowest was 4.90% per year. And the median was 6.70% per year.

As of today (2024-05-01), Peoples Bancorp of North Carolina's current stock price is $29.09. Peoples Bancorp of North Carolina's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.65. Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Peoples Bancorp of North Carolina was 2.20. The lowest was 0.75. And the median was 1.29.


Peoples Bancorp of North Carolina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Peoples Bancorp of North Carolina'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.

Peoples Bancorp of North Carolina Cyclically Adjusted Book per Share Chart

Peoples Bancorp of North Carolina 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 17.55 18.70 21.02 22.63 23.65

Peoples Bancorp of North Carolina 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 23.07 23.39 23.63 23.65 -

Competitive Comparison of Peoples Bancorp of North Carolina's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Peoples Bancorp of North Carolina'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.


Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio falls into.



Peoples Bancorp of North Carolina 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, Peoples Bancorp of North Carolina's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.866/129.4194*129.4194
=21.866

Current CPI (Dec. 2023) = 129.4194.

Peoples Bancorp of North Carolina Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.318 99.695 18.587
201406 15.059 100.560 19.381
201409 15.570 100.428 20.065
201412 15.981 99.070 20.877
201503 16.443 99.621 21.361
201506 16.470 100.684 21.171
201509 16.922 100.392 21.815
201512 17.300 99.792 22.436
201603 17.778 100.470 22.900
201606 18.441 101.688 23.470
201609 18.566 101.861 23.589
201612 18.026 101.863 22.903
201703 18.413 102.862 23.167
201706 19.010 103.349 23.805
201709 19.374 104.136 24.078
201712 19.344 104.011 24.069
201803 19.429 105.290 23.882
201806 19.710 106.317 23.993
201809 19.969 106.507 24.265
201812 20.619 105.998 25.175
201903 21.107 107.251 25.470
201906 21.899 108.070 26.225
201909 22.442 108.329 26.811
201912 22.685 108.420 27.079
202003 23.128 108.902 27.485
202006 23.679 108.767 28.175
202009 24.095 109.815 28.397
202012 24.173 109.897 28.467
202103 24.188 111.754 28.011
202106 25.111 114.631 28.350
202109 25.354 115.734 28.352
202112 25.147 117.630 27.667
202203 22.179 121.301 23.663
202206 19.927 125.017 20.629
202209 18.423 125.227 19.040
202212 18.662 125.222 19.288
202303 20.362 127.348 20.693
202306 20.099 128.729 20.207
202309 19.343 129.860 19.277
202312 21.866 129.419 21.866

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


Peoples Bancorp of North Carolina  (NAS:PEBK) 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.

Peoples Bancorp of North Carolina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.09/23.65
=1.23

* 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 Peoples Bancorp of North Carolina was 2.20. The lowest was 0.75. And the median was 1.29.


Be Aware

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


Peoples Bancorp of North Carolina Cyclically Adjusted Book per Share Related Terms

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


Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Business Description

Traded in Other Exchanges
N/A
Address
518 West C Street, Newton, NC, USA, 28658
Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.
Executives
James S Abernethy director
Douglas S Howard director 518 WEST C. STREET, NEWTON NC 28658
Price Billy L Jr Dr director
Benjamin I Zachary director P O BOX 467, NEWTON NC 286580467
Lance A Sellers officer: EVP and Chief Credit Officer
William D Cable officer: EVP and COO P O BOX 467, NEWTON NC 286580467
Timothy Paul Turner officer: EVP, Chief Credit Officer PO BOX 467, NEWTON NC 28658
James Owen Perry officer: EVP Chief Retail Banking Offcr PO BOX 467, NEWTON NC 28658
Kim Boyd-leaks director, officer: Chief Banking Support Officer PO BOX 467, NEWTON NC 28658
Christine S Abernethy 10 percent owner 518 WEST C STREET, NEWTON NC 28658
Robert C Abernethy director, officer: Chairman P O BOX 467, NEWTON NC 286580467
A Joseph Lampron officer: EVP & CFO P O BOX 467, NEWTON NC 286580467
Jeffrey N. Hooper officer: EVP/Chief Financial Officer 518 WEST C ST, NEWTON NC 28658
Lineberger John W Jr director 2200 WEST LOOP STE 900, C/O IEC CO, HOUSTON TX 77027
William Gregory Terry director 218 SOUTH MAIN STREET, NEWTON NC 28658

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