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American Church Mortgage Co (American Church Mortgage Co) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is American Church Mortgage Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Church Mortgage Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Church Mortgage Co's Cyclically Adjusted PB Ratio 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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American Church Mortgage Co Cyclically Adjusted PB Ratio Chart

American Church Mortgage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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American Church Mortgage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of American Church Mortgage Co's Cyclically Adjusted PB Ratio

For the REIT - Mortgage subindustry, American Church Mortgage Co'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.


American Church Mortgage Co's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Church Mortgage Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where American Church Mortgage Co's Cyclically Adjusted PB Ratio falls into.



American Church Mortgage Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

American Church Mortgage Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, American Church Mortgage Co's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book=Book Value per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=2.916/125.0168*125.0168
=2.916

Current CPI (Jun. 2022) = 125.0168.

American Church Mortgage Co Quarterly Data

Book Value per Share CPI Adj_Book
201209 8.041 97.633 10.296
201212 8.085 96.871 10.434
201303 7.992 98.209 10.174
201306 7.957 98.518 10.097
201309 7.910 98.790 10.010
201312 7.904 98.326 10.050
201403 0.000 99.695 0.000
201406 7.809 100.560 9.708
201409 7.701 100.428 9.587
201412 7.576 99.070 9.560
201503 7.476 99.621 9.382
201506 7.509 100.684 9.324
201509 7.485 100.392 9.321
201512 7.298 99.792 9.143
201603 7.178 100.470 8.932
201606 7.015 101.688 8.624
201609 6.925 101.861 8.499
201612 6.857 101.863 8.416
201703 6.774 102.862 8.233
201706 6.736 103.349 8.148
201709 6.703 104.136 8.047
201712 6.668 104.011 8.015
201803 6.583 105.290 7.816
201806 6.517 106.317 7.663
201809 6.456 106.507 7.578
201812 6.423 105.998 7.575
201903 6.366 107.251 7.421
201906 6.288 108.070 7.274
201909 6.205 108.329 7.161
201912 6.168 108.420 7.112
202003 6.168 108.902 7.081
202006 6.083 108.767 6.992
202009 6.117 109.815 6.964
202012 6.015 109.897 6.843
202103 5.943 111.754 6.648
202106 5.734 114.631 6.253
202109 5.703 115.734 6.160
202112 5.233 117.630 5.562
202203 5.143 121.301 5.301
202206 2.916 125.017 2.916

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


American Church Mortgage Co  (OTCPK:ACMC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


American Church Mortgage Co Cyclically Adjusted PB Ratio Related Terms

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American Church Mortgage Co (American Church Mortgage Co) Business Description

Traded in Other Exchanges
N/A
Address
10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343
American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.
Executives
Philip J. Myers director, officer: Chairman, President, Secretary 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis other: VP & Secretary of Advisor 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist director 18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

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