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WCF Bancorp (WCF Bancorp) Cyclically Adjusted Book per Share : $8.06 (As of Dec. 2018)


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What is WCF 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.

WCF Bancorp's adjusted book value per share data for the fiscal year that ended in Dec. 2018 was $10.842. 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 $8.06 for the trailing ten years ended in Dec. 2018.

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 (2024-05-17), WCF Bancorp's current stock price is $ 6.87. WCF Bancorp's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2018 was $8.06. WCF Bancorp's Cyclically Adjusted PB Ratio of today is 0.85.


WCF Bancorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for WCF 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.

WCF Bancorp Cyclically Adjusted Book per Share Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.26 7.00 7.08 7.60 8.06

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
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 6.26 7.00 7.08 7.60 8.06

Competitive Comparison of WCF Bancorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, WCF 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.


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

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

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



WCF 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, WCF Bancorp's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2018 was:

Adj_Book=Book Value per Share /CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=10.842/105.9979*105.9979
=10.842

Current CPI (Dec. 2018) = 105.9979.

WCF Bancorp Annual Data

Book Value per Share CPI Adj_Book
200112 5.705 74.552 8.111
200212 5.910 76.324 8.208
200312 6.006 77.758 8.187
200412 6.026 80.290 7.955
200512 5.263 83.032 6.719
200612 4.933 85.142 6.141
201512 3.364 99.792 3.573
201612 11.262 101.863 11.719
201712 11.099 104.011 11.311
201812 10.842 105.998 10.842

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


WCF Bancorp  (OTCPK:WCFB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.87/8.06
=0.85

* 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.


Be Aware

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


WCF Bancorp Cyclically Adjusted Book per Share Related Terms

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


WCF Bancorp (WCF Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company. It is engaged in the ownership and operation of banks. The business activities of the bank involve accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in real estate loans secured by one-to-four family residences. The bank also originates consumer loans and non-owner occupied one-to-four family residential real estate loans. Its primary sources of funds are deposits, principal and interest payments on loans and securities and advances. It derives revenue principally from the interest on loans and securities, and from loan origination and servicing fees.
Executives
Michelle Zahn officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Bradley Mickelson director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Paul L Moen officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Michael R Segner director, officer: President and CEO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Thomas J Hromatka director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Kevin Eason officer: EVP and CCO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
C Thomas Chalstrom director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Kyle R Swon director, officer: SVP 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Stephen L Mourlam director, officer: President and CEO 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Leo Moriarity director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Harold J Pursley director, other: Chairman 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Kasie L Doering officer: CFO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595

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