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BYFC (Broadway Financial) Cyclically Adjusted PB Ratio : 0.49 (As of Jan. 19, 2025)


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What is Broadway Financial Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Broadway Financial's current share price is $7.9608. Broadway Financial's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $16.33. Broadway Financial's Cyclically Adjusted PB Ratio for today is 0.49.

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

BYFC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.4   Max: 2.29
Current: 0.49

During the past years, Broadway Financial's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.12. And the median was 0.40.

BYFC's Cyclically Adjusted PB Ratio is ranked better than
84.19% of 1227 companies
in the Banks industry
Industry Median: 1.02 vs BYFC: 0.49

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.

Broadway Financial's adjusted book value per share data for the three months ended in Sep. 2024 was $14.967. 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 $16.33 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadway Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Broadway Financial'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.

Broadway Financial Cyclically Adjusted PB Ratio Chart

Broadway Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.79 1.41 0.55 0.43

Broadway Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.49 0.43 0.34 0.32 0.39

Competitive Comparison of Broadway Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Broadway Financial'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.


Broadway Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Broadway Financial 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.

Broadway Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.9608/16.33
=0.49

* 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.

Broadway Financial's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Broadway Financial's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.967/133.0289*133.0289
=14.967

Current CPI (Sep. 2024) = 133.0289.

Broadway Financial Quarterly Data

Book Value per Share CPI Adj_Book
201412 10.251 99.070 13.765
201503 10.624 99.621 14.187
201506 10.909 100.684 14.414
201509 11.184 100.392 14.820
201512 12.701 99.792 16.931
201603 12.901 100.470 17.082
201606 12.993 101.688 16.998
201609 13.075 101.861 17.076
201612 13.282 101.863 17.346
201703 13.680 102.862 17.692
201706 13.856 103.349 17.835
201709 14.022 104.136 17.913
201712 13.910 104.011 17.791
201803 13.843 105.290 17.490
201806 13.801 106.317 17.269
201809 14.009 106.507 17.498
201812 14.132 105.998 17.736
201903 14.046 107.251 17.422
201906 14.069 108.070 17.318
201909 14.026 108.329 17.224
201912 14.023 108.420 17.206
202003 14.003 108.902 17.105
202006 14.129 108.767 17.281
202009 14.085 109.815 17.062
202012 13.948 109.897 16.884
202103 12.926 111.754 15.387
202106 15.667 114.631 18.181
202109 15.642 115.734 17.979
202112 15.383 117.630 17.397
202203 14.935 121.301 16.379
202206 14.657 125.017 15.596
202209 13.364 125.227 14.197
202212 14.106 125.222 14.985
202303 14.114 127.348 14.744
202306 13.717 128.729 14.175
202309 13.483 129.860 13.812
202312 14.635 129.419 15.043
202403 14.416 131.776 14.553
202406 14.487 132.554 14.539
202409 14.967 133.029 14.967

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.


Broadway Financial  (NAS:BYFC) 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.


Broadway Financial Cyclically Adjusted PB Ratio Related Terms

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


Broadway Financial Business Description

Traded in Other Exchanges
N/A
Address
4601 Wilshire Boulevard, Suite 150, Los Angeles, CA, USA, 90010
Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit. The revenue is derived from interest income on loans and investments.
Executives
Lashanya Demetrice Washington officer: EVP, Chief Credit Officer 10616 CHERYL TURN, WALDORF MD 20603
Brian E Argrett director, officer: President/CEO 12555 W. JEFFERSON BLVD., LOS ANGELES CA 90066
Thomas Andrew Nida officer: EVP, Market Executive 6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
Brenda J Battey officer: EVP/Chief Financial Officer 4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90036
Ruth Mccloud officer: EVP/COO 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Sonja Sanders Wells officer: EVP/E. Commercial Reg. Exec 540 N STREET SW, UNIT-S-103, WASHINGTON DC 20024
John Frederick Tellenbach officer: EVP, West Comm. Reg. Exec. 26838 INDIAN PEAK RD., RANCHO PALOS VERDES CA 90275
William A Longbrake director C/O WASHINGTON MUTUAL INC, 1201 THIRD AVE , WMT 1503, SEATTLE WA 98111
John Driver director 13983 ARBOLITOS DRIVE, POWAY CA 92064
City First Enterprises Inc. 10 percent owner 1 THOMAS CIRCLE NW, STE 700, WASHINGTON DC 20005
Mary Ann Donovan director 513 7TH STREET NE, WASHINGTON DC 20002
David J. Mcgrady director 1132 23RD AVENUE E., SEATTLE WA 98112
Shannan Alicia Herbert officer: EVP/Chief Credit Officer 10104 RUNNING BROOK LANE, UPPER MARLBORO MD 20772
Marie C Johns director WLR FOODS INC, P O BOX 7000, BROADWAY VA 22815
Jack T Thompson director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753