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BYFC (Broadway Financial) Cyclically Adjusted PB Ratio : 0.38 (As of Apr. 14, 2025)


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What is Broadway Financial Cyclically Adjusted PB Ratio?

As of today (2025-04-14), Broadway Financial's current share price is $6.21. Broadway Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $16.37. Broadway Financial's Cyclically Adjusted PB Ratio for today is 0.38.

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: 0.14   Med: 0.4   Max: 2.29
Current: 0.38

During the past years, Broadway Financial's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.14. And the median was 0.40.

BYFC's Cyclically Adjusted PB Ratio is ranked better than
88.05% of 1255 companies
in the Banks industry
Industry Median: 0.93 vs BYFC: 0.38

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 Dec. 2024 was $14.820. 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 $16.37 for the trailing ten years ended in Dec. 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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.41 0.55 0.43 0.42

Broadway Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.43 0.34 0.32 0.39 0.42

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.


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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
=6.21/16.37
=0.38

* 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 Dec. 2024 is calculated as:

For example, Broadway Financial'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)
=14.82/133.1571*133.1571
=14.820

Current CPI (Dec. 2024) = 133.1571.

Broadway Financial Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.623 99.621 14.199
201506 10.907 100.684 14.425
201509 11.182 100.392 14.832
201512 12.700 99.792 16.946
201603 12.900 100.470 17.097
201606 12.991 101.688 17.011
201609 13.073 101.861 17.090
201612 13.281 101.863 17.361
201703 13.679 102.862 17.708
201706 13.857 103.349 17.854
201709 14.024 104.136 17.932
201712 13.912 104.011 17.810
201803 13.844 105.290 17.508
201806 13.802 106.317 17.286
201809 14.010 106.507 17.516
201812 14.134 105.998 17.755
201903 14.046 107.251 17.439
201906 14.069 108.070 17.335
201909 14.028 108.329 17.243
201912 14.025 108.420 17.225
202003 14.003 108.902 17.122
202006 14.128 108.767 17.296
202009 14.084 109.815 17.078
202012 13.947 109.897 16.899
202103 12.927 111.754 15.403
202106 15.666 114.631 18.198
202109 15.642 115.734 17.997
202112 15.383 117.630 17.414
202203 14.936 121.301 16.396
202206 14.656 125.017 15.610
202209 13.365 125.227 14.211
202212 14.106 125.222 15.000
202303 14.114 127.348 14.758
202306 13.716 128.729 14.188
202309 13.482 129.860 13.824
202312 14.635 129.419 15.058
202403 14.417 131.776 14.568
202406 14.487 132.554 14.553
202409 14.967 133.029 14.981
202412 14.820 133.157 14.820

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
Wayne-kent A. Bradshaw director, officer: President/CEO 4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
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
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
Thomas Andrew Nida officer: EVP, Market Executive 6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
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