GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » California BanCorp (NAS:BCAL) » Definitions » Cyclically Adjusted PB Ratio

BCAL (California BanCorp) Cyclically Adjusted PB Ratio : 0.96 (As of May. 13, 2025)


View and export this data going back to 2004. Start your Free Trial

What is California BanCorp Cyclically Adjusted PB Ratio?

As of today (2025-05-13), California BanCorp's current share price is $15.34. California BanCorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $15.98. California BanCorp's Cyclically Adjusted PB Ratio for today is 0.96.

The historical rank and industry rank for California BanCorp's Cyclically Adjusted PB Ratio or its related term are showing as below:

BCAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.93   Max: 1.04
Current: 0.91

During the past years, California BanCorp's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.76. And the median was 0.93.

BCAL's Cyclically Adjusted PB Ratio is ranked better than
57.34% of 1273 companies
in the Banks industry
Industry Median: 1.01 vs BCAL: 0.91

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.

California BanCorp's adjusted book value per share data for the three months ended in Dec. 2024 was $15.863. 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 $15.98 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


California BanCorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for California BanCorp'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.

* Premium members only.

California BanCorp Cyclically Adjusted PB Ratio Chart

California BanCorp Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.03

California BanCorp Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 - - - 1.03 -

Competitive Comparison of California BanCorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, California 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.


California BanCorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

California BanCorp 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.

California BanCorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.34/15.98
=0.96

* 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.

California BanCorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, California BanCorp's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.863/133.1571*133.1571
=15.863

Current CPI (Dec. 2024) = 133.1571.

California BanCorp Quarterly Data

Book Value per Share CPI Adj_Book
200212 8.213 76.324 14.329
200303 8.113 77.716 13.901
200306 7.990 77.505 13.727
200309 7.781 78.138 13.260
200312 7.653 77.758 13.105
200403 7.490 79.066 12.614
200406 7.466 80.037 12.421
200409 7.557 80.121 12.559
200412 8.804 80.290 14.601
200503 7.852 81.555 12.820
200506 7.535 82.062 12.227
200509 0.000 83.876 0.000
200512 7.403 83.032 11.872
200603 7.608 84.298 12.018
200606 7.108 85.606 11.056
200609 27.846 85.606 43.314
200612 27.140 85.142 42.446
200703 8.607 86.640 13.228
200706 8.616 87.906 13.051
200709 8.600 87.964 13.018
200712 8.565 88.616 12.870
201909 0.000 108.329 0.000
201912 14.050 108.420 17.256
202003 0.000 108.902 0.000
202009 13.565 109.815 16.448
202012 16.629 109.897 20.149
202103 11.947 111.754 14.235
202112 13.922 117.630 15.760
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 14.513 125.222 15.433
202303 14.643 127.348 15.311
202306 14.962 128.729 15.477
202309 15.214 129.860 15.600
202312 15.687 129.419 16.140
202403 15.788 131.776 15.953
202406 15.810 132.554 15.882
202409 15.496 133.029 15.511
202412 15.863 133.157 15.863

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.


California BanCorp  (NAS:BCAL) 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.


California BanCorp Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of California BanCorp's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


California BanCorp Business Description

Traded in Other Exchanges
N/A
Address
12265 El Camino Real, Suite 210, San Diego, CA, USA, 92130
California BanCorp is a registered bank holding company headquartered in San Diego, California. The Bank offers a range of financial products and services to individuals, professionals, and small to medium-sized businesses through its 14 branch offices and four loan production offices serving Northern and Southern California. The Bank's solutions-driven, relationship-based approach to banking provides accessibility to decision-makers and enhances value through partnerships with its clients. The company has one operating segment: Commercial Banking.
Executives
Lester Machado director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Peter Nutz officer: EVP/ Chief Credit Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Ricardo Martin director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Anne A Williams director, officer: EVP / Chief Credit Officer C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
John Farkash director, 10 percent owner 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Joann Yeung officer: SVP / Chief Accounting Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Tomaso Frank Di director, officer: Executive Director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Martin Liska officer: EVP / Chief Risk Officer 355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Richard Hernandez officer: President 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Irwin Golds director 355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Manisha Merchant officer: EVP / Chief Legal Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Kaveh Varjavand director 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
Castle Creek Capital Partners Vi, Lp 10 percent owner 6051 EL TORDO, RANCHO SANTA FE CA 92067
Anita Wolman director C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
David I Rainer director, officer: CEO/Chairman C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436