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Oak Ridge Financial Services (Oak Ridge Financial Services) Cyclically Adjusted PB Ratio : (As of Jun. 14, 2024)


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What is Oak Ridge Financial Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oak Ridge Financial Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oak Ridge Financial Services'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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Oak Ridge Financial Services Cyclically Adjusted PB Ratio Chart

Oak Ridge Financial Services Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Oak Ridge Financial Services Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of Oak Ridge Financial Services's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Oak Ridge Financial Services'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.


Oak Ridge Financial Services's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Oak Ridge Financial Services's Cyclically Adjusted PB Ratio falls into.



Oak Ridge Financial Services 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.

Oak Ridge Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2013 is calculated as:

For example, Oak Ridge Financial Services's adjusted Book Value per Share data for the three months ended in Jun. 2013 was:

Adj_Book=Book Value per Share/CPI of Jun. 2013 (Change)*Current CPI (Jun. 2013)
=8.797/98.5178*98.5178
=8.797

Current CPI (Jun. 2013) = 98.5178.

Oak Ridge Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
200309 6.579 78.138 8.295
200312 3.739 77.758 4.737
200403 7.570 79.066 9.432
200406 7.216 80.037 8.882
200409 7.540 80.121 9.271
200412 7.554 80.290 9.269
200503 7.332 81.555 8.857
200506 7.537 82.062 9.048
200509 7.542 83.876 8.859
200512 7.693 83.032 9.128
200603 7.834 84.298 9.155
200606 7.894 85.606 9.085
200609 8.188 85.606 9.423
200612 8.355 85.142 9.668
200703 8.418 86.640 9.572
200706 8.471 87.906 9.494
200709 8.695 87.964 9.738
200712 8.974 88.616 9.977
200803 8.923 90.090 9.758
200806 8.837 92.320 9.430
200809 9.233 92.307 9.854
200812 9.233 88.697 10.255
200903 9.685 89.744 10.632
200906 10.170 91.003 11.010
200909 10.453 91.120 11.302
200912 10.670 91.111 11.537
201003 10.921 91.821 11.718
201006 10.814 91.962 11.585
201009 10.870 92.162 11.620
201012 10.681 92.474 11.379
201103 10.578 94.283 11.053
201106 10.533 95.235 10.896
201109 10.555 95.727 10.863
201112 10.493 95.213 10.857
201203 10.484 96.783 10.672
201206 10.109 96.819 10.286
201209 10.193 97.633 10.285
201212 9.362 96.871 9.521
201303 9.218 98.209 9.247
201306 8.797 98.518 8.797

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.


Oak Ridge Financial Services  (OTCPK:BKOR) 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.


Oak Ridge Financial Services Cyclically Adjusted PB Ratio Related Terms

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Oak Ridge Financial Services (Oak Ridge Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
8050 Fogleman Road, Oak Ridge, MN, USA, 27310
Oak Ridge Financial Services Inc is the holding company. The company is an independent, full-service financial services firm providing private client and investment banking services to individual, institutional and corporate customers.
Executives
Stanley Tennant director 2211 OAK RIDGE ROAD, OAK RIDGE NC 27310