GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Missouri Bancorp Inc (NAS:SMBC) » Definitions » Cyclically Adjusted Book per Share

SMBC (Southern Missouri Bancorp) Cyclically Adjusted Book per Share : $31.79 (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Southern Missouri 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.

Southern Missouri Bancorp's adjusted book value per share for the three months ended in Sep. 2024 was $44.836. 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 $31.79 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Southern Missouri Bancorp's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Southern Missouri Bancorp was 15.50% per year. The lowest was 5.10% per year. And the median was 9.10% per year.

As of today (2024-12-13), Southern Missouri Bancorp's current stock price is $63.44. Southern Missouri Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $31.79. Southern Missouri Bancorp's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southern Missouri Bancorp was 3.12. The lowest was 1.18. And the median was 2.11.


Southern Missouri Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Southern Missouri 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.

Southern Missouri Bancorp Cyclically Adjusted Book per Share Chart

Southern Missouri Bancorp Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 20.81 24.79 27.73 31.03

Southern Missouri Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 28.56 29.07 30.22 31.03 31.79

Competitive Comparison of Southern Missouri Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Southern Missouri 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.


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

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

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



Southern Missouri 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, Southern Missouri Bancorp's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=44.836/133.0289*133.0289
=44.836

Current CPI (Sep. 2024) = 133.0289.

Southern Missouri Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.891 99.070 19.995
201503 15.236 99.621 20.345
201506 15.182 100.684 20.059
201509 15.607 100.392 20.681
201512 16.048 99.792 21.393
201603 16.436 100.470 21.762
201606 16.936 101.688 22.156
201609 17.317 101.861 22.616
201612 17.497 101.863 22.850
201703 17.984 102.862 23.258
201706 20.146 103.349 25.932
201709 20.606 104.136 26.323
201712 21.017 104.011 26.880
201803 21.850 105.290 27.607
201806 22.308 106.317 27.913
201809 22.906 106.507 28.610
201812 24.055 105.998 30.189
201903 24.814 107.251 30.778
201906 25.663 108.070 31.590
201909 26.328 108.329 32.331
201912 27.031 108.420 33.166
202003 27.371 108.902 33.435
202006 28.305 108.767 34.619
202009 28.485 109.815 34.507
202012 29.627 109.897 35.863
202103 30.464 111.754 36.263
202106 31.827 114.631 36.935
202109 33.030 115.734 37.966
202112 33.971 117.630 38.418
202203 34.841 121.301 38.210
202206 34.764 125.017 36.992
202209 35.366 125.227 37.570
202212 36.512 125.222 38.788
202303 38.537 127.348 40.256
202306 39.368 128.729 40.683
202309 40.041 129.860 41.018
202312 41.475 129.419 42.632
202403 42.194 131.776 42.595
202406 43.338 132.554 43.493
202409 44.836 133.029 44.836

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


Southern Missouri Bancorp  (NAS:SMBC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.44/31.79
=2.00

* 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 Southern Missouri Bancorp was 3.12. The lowest was 1.18. And the median was 2.11.


Be Aware

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


Southern Missouri Bancorp Cyclically Adjusted Book per Share Related Terms

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


Southern Missouri Bancorp Business Description

Traded in Other Exchanges
N/A
Address
2991 Oak Grove Road, Poplar Bluff, MO, USA, 63901
Southern Missouri Bancorp Inc is a USA-based holding company for Southern Missouri Savings Bank. The principal business of the bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. It is engaged in providing the range of banking and financial services to individuals and corporate customers in its market areas. The company derives revenue principally from interest earned on loans, debt securities, bank card interchange fees, loan late charges and another fee income.
Executives
William E Young director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
Charles R Love director 1469 CO. RD. 468, POPLAR BLUFF MO 63901
Brett Dorton officer: EVP, Chief Strategies Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Sammy A Schalk director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Dennis C Robison director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Stefan Chkautovich officer: Chief Financial Officer 2991 OAK GROVE RD, POPLAR BLUFF MO 639012
Matthew T Funke officer: Chief Financial Officer C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Daniel Lee Jones director 2991 OAK GROVE RD., POPLAR BLUFF MO 63901
Greg A Steffens director, officer: President C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
David L Mcclain director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
Lance K Greunke officer: Executive Vice President 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Martin Weishaar officer: Chief Legal Officer SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Mark E Hecker officer: EVP, Chief Credit Officer 16 WEST FRANKLIN STREET, LIBERTY MO 64068
Douglas Bagby director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Richard Windes officer: Chief Lending Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901