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CF Bankshares (CF Bankshares) Cyclically Adjusted PB Ratio : 1.07 (As of Apr. 30, 2024)


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What is CF Bankshares Cyclically Adjusted PB Ratio?

As of today (2024-04-30), CF Bankshares's current share price is $18.5125. CF Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $17.27. CF Bankshares's Cyclically Adjusted PB Ratio for today is 1.07.

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

CFBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.33   Max: 1.65
Current: 1.07

During the past years, CF Bankshares's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.04. And the median was 0.33.

CFBK's Cyclically Adjusted PB Ratio is ranked worse than
60.02% of 1178 companies
in the Banks industry
Industry Median: 0.92 vs CFBK: 1.07

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.

CF Bankshares's adjusted book value per share data for the three months ended in Dec. 2023 was $23.737. 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 $17.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CF Bankshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CF 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.

CF Bankshares Cyclically Adjusted PB Ratio Chart

CF Bankshares 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 0.64 1.19 1.49 1.37 1.13

CF Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.37 1.22 0.91 0.99 1.13

Competitive Comparison of CF Bankshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, CF 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.


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

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

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



CF 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.5125/17.27
=1.07

* 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.

CF Bankshares's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CF Bankshares's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.737/129.4194*129.4194
=23.737

Current CPI (Dec. 2023) = 129.4194.

CF Bankshares Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.890 99.695 10.242
201406 10.139 100.560 13.049
201409 11.941 100.428 15.388
201412 11.993 99.070 15.667
201503 12.043 99.621 15.645
201506 12.145 100.684 15.611
201509 12.207 100.392 15.737
201512 13.148 99.792 17.051
201603 13.226 100.470 17.037
201606 13.331 101.688 16.966
201609 13.444 101.861 17.081
201612 13.260 101.863 16.847
201703 13.359 102.862 16.808
201706 13.503 103.349 16.909
201709 13.699 104.136 17.025
201712 9.483 104.011 11.800
201803 9.696 105.290 11.918
201806 9.983 106.317 12.152
201809 10.251 106.507 12.456
201812 10.509 105.998 12.831
201903 10.845 107.251 13.087
201906 11.388 108.070 13.638
201909 12.000 108.329 14.336
201912 15.003 108.420 17.909
202003 15.528 108.902 18.454
202006 14.140 108.767 16.825
202009 15.682 109.815 18.482
202012 16.789 109.897 19.771
202103 17.552 111.754 20.326
202106 18.074 114.631 20.406
202109 18.695 115.734 20.906
202112 19.281 117.630 21.214
202203 19.697 121.301 21.015
202206 20.252 125.017 20.965
202209 20.855 125.227 21.553
202212 21.433 125.222 22.151
202303 21.883 127.348 22.239
202306 22.492 128.729 22.613
202309 23.096 129.860 23.018
202312 23.737 129.419 23.737

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.


CF Bankshares  (NAS:CFBK) 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.


CF Bankshares Cyclically Adjusted PB Ratio Related Terms

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


CF Bankshares (CF Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
4960 E. Dublin Granville Road, Suite 400, Columbus, OH, USA, 43081
CF Bankshares Inc is a holding company for CFBank which is engaged in the provision of a variety of financial services. It provides personalized business banking products and services, including commercial loans and leases, commercial and residential real estate loans, equipment leasing, SBA loans, and treasury management depository services. The revenues are derived principally from the interest and fees on loans originated and noninterest income generated on the sale of loans.
Executives
David L Royer director 7000 N HIGH STREET, WORTHINGTON OH 43085
Thomas P Ash director GRAND CENTRAL FINANCIAL CORP, 601 MAIN ST, WELLSVILLE OH 43968
Timothy T O'dell director, officer: CEO 2923 SMITH RD, FAIRLAWN OH 44333
Marianne Mckinney officer: EVP & Sr Operations Mngr 7000 N. HIGH STREET, WORTHINGTON OH 43085
Robert E Hoeweler director
Sundeep Rana director CASTLE CREEK CAPITAL, 8604 TURTLE CREEK BLVD, #12674, DALLAS TX 75225
Bradley J Ringwald officer: Chief Comm Banking Officer 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Kevin J Beerman officer: SVP, Senior Financial Officer 7000 N HIGH STREET, WORTHINGTON OH 43085
John Pietrzak director WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
Helmsdoerfer John W Jr officer: Exec VP & CFO 2923 SMITH RD, FAIRLAWN OH 44333
Frauenberg James H Ii director 2923 SMITH RD, FAIRLAWN OH 44333
Robert H Milbourne director 7250 STAR CHECK DRIVE, COLUMBUS OH 43217
Edward W Cochran director 2923 SMITH ROAD, FAIRLAWN OH 44333
Thad R Perry director, officer: President 2923 SMITH RD, FAIRLAWN OH 44333
Donal H Malenick director 4461 WAYSIDE DR., NAPLES FL 34119