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BMBN (Benchmark Bankshares) Cyclically Adjusted PB Ratio : 1.56 (As of Sep. 26, 2024)


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What is Benchmark Bankshares Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Benchmark Bankshares's current share price is $21.35. Benchmark Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $13.69. Benchmark Bankshares's Cyclically Adjusted PB Ratio for today is 1.56.

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

BMBN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.17   Max: 3.07
Current: 1.56

During the past years, Benchmark Bankshares's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 1.56. And the median was 2.17.

BMBN's Cyclically Adjusted PB Ratio is ranked worse than
79.58% of 1234 companies
in the Banks industry
Industry Median: 0.97 vs BMBN: 1.56

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.

Benchmark Bankshares's adjusted book value per share data for the three months ended in Jun. 2024 was $22.910. 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 $13.69 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benchmark Bankshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benchmark Bankshares'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.

Benchmark Bankshares Cyclically Adjusted PB Ratio Chart

Benchmark Bankshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.01 2.27 2.64 2.03

Benchmark Bankshares Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 1.97 1.89 1.79 1.61 1.54

Competitive Comparison of Benchmark Bankshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Benchmark Bankshares'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.


Benchmark Bankshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Benchmark Bankshares 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.

Benchmark Bankshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.35/13.69
=1.56

* 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.

Benchmark Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Benchmark Bankshares's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=22.91/132.5538*132.5538
=22.910

Current CPI (Jun. 2024) = 132.5538.

Benchmark Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
200212 4.439 76.324 7.709
200303 4.594 77.716 7.836
200306 4.675 77.505 7.995
200309 4.723 78.138 8.012
200312 4.517 77.758 7.700
200403 4.983 79.066 8.354
200406 4.921 80.037 8.150
200409 4.896 80.121 8.100
200412 5.067 80.290 8.365
200503 4.480 81.555 7.281
200506 4.900 82.062 7.915
200509 5.067 83.876 8.008
200512 4.536 83.032 7.241
200603 5.291 84.298 8.320
200606 5.097 85.606 7.892
200609 5.414 85.606 8.383
200612 5.353 85.142 8.334
200703 5.696 86.640 8.715
200706 5.695 87.906 8.588
200709 5.195 87.964 7.828
201812 13.979 105.998 17.481
201906 0.000 108.070 0.000
201912 14.414 108.420 17.622
202003 0.000 108.902 0.000
202006 16.075 108.767 19.590
202009 0.000 109.815 0.000
202012 17.244 109.897 20.799
202103 17.361 111.754 20.592
202106 17.727 114.631 20.499
202109 18.492 115.734 21.179
202112 18.698 117.630 21.070
202203 18.209 121.301 19.898
202206 17.683 125.017 18.749
202209 18.147 125.227 19.209
202212 18.943 125.222 20.052
202303 20.110 127.348 20.932
202306 20.515 128.729 21.125
202309 20.905 129.860 21.339
202403 22.621 131.776 22.754
202406 22.910 132.554 22.910

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.


Benchmark Bankshares  (OTCPK:BMBN) 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.


Benchmark Bankshares Cyclically Adjusted PB Ratio Related Terms

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


Benchmark Bankshares Business Description

Traded in Other Exchanges
N/A
Address
100 South Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium-sized businesses through offices located in Virginia and North Carolina. The bank provides personal accounts services, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit card facilities, and other services.

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