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Chino Commercial Bancorp (Chino Commercial Bancorp) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Chino Commercial Bancorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chino Commercial Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chino Commercial Bancorp'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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Chino Commercial Bancorp Cyclically Adjusted PB Ratio Chart

Chino Commercial Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Chino Commercial Bancorp Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Chino Commercial Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Chino Commercial Bancorp'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.


Chino Commercial Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Chino Commercial Bancorp's Cyclically Adjusted PB Ratio falls into.



Chino Commercial Bancorp 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.

Chino Commercial Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Chino Commercial Bancorp's adjusted Book Value per Share data for the three months ended in Dec. 2012 was:

Adj_Book=Book Value per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=3.429/96.8711*96.8711
=3.429

Current CPI (Dec. 2012) = 96.8711.

Chino Commercial Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200303 1.958 77.716 2.441
200306 1.972 77.505 2.465
200309 1.994 78.138 2.472
200312 1.985 77.758 2.473
200403 2.093 79.066 2.564
200406 2.111 80.037 2.555
200409 2.208 80.121 2.670
200412 1.976 80.290 2.384
200503 2.223 81.555 2.640
200506 2.315 82.062 2.733
200509 2.390 83.876 2.760
200512 2.465 83.032 2.876
200603 0.000 84.298 0.000
200606 2.657 85.606 3.007
200609 2.790 85.606 3.157
200612 2.806 85.142 3.193
200703 2.249 86.640 2.515
200706 2.393 87.906 2.637
200709 2.732 87.964 3.009
200712 2.744 88.616 3.000
200803 2.726 90.090 2.931
200806 2.773 92.320 2.910
200809 0.000 92.307 0.000
200812 2.881 88.697 3.146
200903 2.902 89.744 3.132
200906 2.944 91.003 3.134
200909 2.997 91.120 3.186
200912 3.018 91.111 3.209
201003 3.023 91.821 3.189
201006 2.959 91.962 3.117
201009 3.048 92.162 3.204
201012 3.058 92.474 3.203
201103 3.150 94.283 3.236
201106 3.128 95.235 3.182
201109 3.181 95.727 3.219
201112 3.252 95.213 3.309
201203 3.285 96.783 3.288
201206 3.336 96.819 3.338
201209 3.389 97.633 3.363
201212 3.429 96.871 3.429

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.


Chino Commercial Bancorp  (OTCPK:CCBC) 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.


Chino Commercial Bancorp Cyclically Adjusted PB Ratio Related Terms

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Chino Commercial Bancorp (Chino Commercial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
14245 Pipeline Avenue, Chino, CA, USA, 91710
Chino Commercial Bancorp is a community-oriented bank, the bank offers a wide array of personal, consumer and commercial services. The operating segments are One-to-Four Residential, Residential Income, Construction, Commercial Real Estate, Commercial and Industrial and Other. It provides a broad range of deposit instruments and general banking services, including checking, savings, and money market accounts; certificate of deposit for both business and personal accounts; telebanking (banking by phone); and courier services. The bank also provides a wide variety of lending products for both businesses and consumers.

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