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Bank of South Carolina (Bank of South Carolina) Cyclically Adjusted PB Ratio : 1.29 (As of Apr. 30, 2024)


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What is Bank of South Carolina Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Bank of South Carolina's current share price is $12.29. Bank of South Carolina's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $9.54. Bank of South Carolina's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for Bank of South Carolina's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.34   Max: 3.33
Current: 1.26

During the past years, Bank of South Carolina's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 1.09. And the median was 2.34.

BKSC's Cyclically Adjusted PB Ratio is ranked worse than
72.09% of 1179 companies
in the Banks industry
Industry Median: 0.92 vs BKSC: 1.26

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.

Bank of South Carolina's adjusted book value per share data for the three months ended in Jun. 2023 was $7.673. 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 $9.54 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of South Carolina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank of South Carolina'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.

Bank of South Carolina Cyclically Adjusted PB Ratio Chart

Bank of South Carolina Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 2.50 2.02 2.33 1.76

Bank of South Carolina Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.86 1.75 1.76 1.67 1.46

Competitive Comparison of Bank of South Carolina's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank of South Carolina'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.


Bank of South Carolina's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of South Carolina's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of South Carolina's Cyclically Adjusted PB Ratio falls into.



Bank of South Carolina 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.

Bank of South Carolina's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.29/9.54
=1.29

* 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.

Bank of South Carolina's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Bank of South Carolina's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=7.673/128.7287*128.7287
=7.673

Current CPI (Jun. 2023) = 128.7287.

Bank of South Carolina Quarterly Data

Book Value per Share CPI Adj_Book
201309 6.386 98.790 8.321
201312 6.439 98.326 8.430
201403 6.535 99.695 8.438
201406 6.647 100.560 8.509
201409 6.656 100.428 8.532
201412 6.810 99.070 8.849
201503 7.042 99.621 9.100
201506 7.012 100.684 8.965
201509 7.212 100.392 9.248
201512 7.239 99.792 9.338
201603 7.456 100.470 9.553
201606 7.637 101.688 9.668
201609 7.726 101.861 9.764
201612 7.450 101.863 9.415
201703 7.615 102.862 9.530
201706 7.875 103.349 9.809
201709 7.972 104.136 9.855
201712 7.792 104.011 9.644
201803 7.763 105.290 9.491
201806 7.858 106.317 9.514
201809 7.858 106.507 9.498
201812 8.250 105.998 10.019
201903 8.580 107.251 10.298
201906 8.940 108.070 10.649
201909 9.099 108.329 10.812
201912 9.253 108.420 10.986
202003 9.480 108.902 11.206
202006 9.757 108.767 11.548
202009 9.880 109.815 11.582
202012 9.959 109.897 11.666
202103 9.595 111.754 11.052
202106 9.842 114.631 11.052
202109 9.830 115.734 10.934
202112 9.730 117.630 10.648
202203 8.100 121.301 8.596
202206 7.495 125.017 7.718
202209 6.486 125.227 6.667
202212 6.990 125.222 7.186
202303 7.836 127.348 7.921
202306 7.673 128.729 7.673

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.


Bank of South Carolina  (OTCPK:BKSC) 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.


Bank of South Carolina Cyclically Adjusted PB Ratio Related Terms

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


Bank of South Carolina (Bank of South Carolina) Business Description

Traded in Other Exchanges
N/A
Address
256 Meeting Street, Charleston, SC, USA, 29401
Bank of South Carolina Corp is a financial institution holding company. It is engaged in providing financial product and services. The bank offers various deposits, including non-interest-bearing accounts, negotiable order of withdrawal accounts, money market accounts, time deposits and savings accounts. Its loan offering includes commercial and industrial loans; real estate loans; loans to individuals for household, family and other personal expenditures. In addition to one- to four-family residential mortgage loans, it offers home equity loans and lines of credit that are secured by the borrower's primary or secondary residence. Geographically, all the activities are functioned through the regions of South Carolina and derive majority of its income from interest on loans and investments.
Executives
Walpole Gene H Iv officer: Chief Financial Officer PO BOX 538, CHARLESTON SC 29402
Fleetwood S Hassell officer: Senior Vice President P O BOX 538, CHARLESTON SC 29402
Sheryl G Sharry officer: Senior Vice President P. O. BOX 538, CHARLESTON SC 29402
Douglas H Sass officer: Executive Vice President P O BOX 538, CHARLESTON SC 29402
Charles G Lane director P O BOX 538, CHARLESTON SC 29402
Lane C Hugh Jr director, 10 percent owner, officer: President & CEO P O BOX 538, CHARLESTON SC 29402
Susanne King Boyd officer: Cheif Operating Officer PO BOX 538, CHARLESTON SC 29402
David W Bunch director P O BOX 538, CHARLESTON SC 29402
Hutson Richard W Jr director P O BOX 538, CHARLESTON SC 29402
Elizabeth M Hagood director P O BOX 538, CHARLESTON SC 29402
Hiott William L Jr director, officer: Executive Vice President
Alan I Nussbaum director P O BOX 538, CHARLESTON SC 29402
David R Schools director P O BOX 538, CHARLESTON SC 29402
Malcolm M Rhodes director P O BOX 538, CHARLESTON SC 29402
Glen B Haynes director P O BOX 538, CHARLESTON SC 29402

Bank of South Carolina (Bank of South Carolina) Headlines