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CTBI (Community Trust Bancorp) Cyclically Adjusted PB Ratio : 1.26 (As of May. 29, 2025)


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What is Community Trust Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Community Trust Bancorp's current share price is $50.87. Community Trust Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $40.27. Community Trust Bancorp's Cyclically Adjusted PB Ratio for today is 1.26.

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

CTBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.45   Max: 2.12
Current: 1.27

During the past years, Community Trust Bancorp's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.91. And the median was 1.45.

CTBI's Cyclically Adjusted PB Ratio is ranked worse than
66.69% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs CTBI: 1.27

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.

Community Trust Bancorp's adjusted book value per share data for the three months ended in Mar. 2025 was $43.320. 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 $40.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Trust Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Community Trust 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.

* Premium members only.

Community Trust Bancorp Cyclically Adjusted PB Ratio Chart

Community Trust Bancorp 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 1.25 1.32 1.28 1.16 1.34

Community Trust Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.11 1.12 1.26 1.34 1.25

Competitive Comparison of Community Trust Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Community Trust 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.


Community Trust Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Community Trust 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.

Community Trust Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.87/40.27
=1.26

* 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.

Community Trust Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Community Trust Bancorp's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=43.32/134.9266*134.9266
=43.320

Current CPI (Mar. 2025) = 134.9266.

Community Trust Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.395 100.684 35.372
201509 26.871 100.392 36.115
201512 27.119 99.792 36.667
201603 27.667 100.470 37.155
201606 28.110 101.688 37.298
201609 28.402 101.861 37.622
201612 28.397 101.863 37.614
201703 28.735 102.862 37.692
201706 29.139 103.349 38.042
201709 29.581 104.136 38.328
201712 29.995 104.011 38.910
201803 30.331 105.290 38.869
201806 30.588 106.317 38.819
201809 31.039 106.507 39.321
201812 31.814 105.998 40.497
201903 32.503 107.251 40.890
201906 33.463 108.070 41.779
201909 34.062 108.329 42.425
201912 34.558 108.420 43.007
202003 34.459 108.902 42.694
202006 35.507 108.767 44.047
202009 36.201 109.815 44.479
202012 36.770 109.897 45.145
202103 37.141 111.754 44.842
202106 38.365 114.631 45.157
202109 38.776 115.734 45.206
202112 39.130 117.630 44.884
202203 36.534 121.301 40.638
202206 35.320 125.017 38.120
202209 33.661 125.227 36.268
202212 35.051 125.222 37.767
202303 36.539 127.348 38.714
202306 36.706 128.729 38.473
202309 36.298 129.860 37.714
202312 39.012 129.419 40.672
202403 39.277 131.776 40.216
202406 39.905 132.554 40.619
202409 42.143 133.029 42.744
202412 41.953 133.157 42.511
202503 43.320 134.927 43.320

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.


Community Trust Bancorp  (NAS:CTBI) 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.


Community Trust Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Community Trust Bancorp Business Description

Traded in Other Exchanges
N/A
Address
346 North Mayo Trail, P.O. Box 2947, Pikeville, KY, USA, 41502
Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services.
Executives
David Andrew Jones officer: Executive Vice President 1544 WINCHESTER AVENUE, ASHLAND KY 41101
Andy D Waters officer: Executive Vice President 100 EAST VINE STREET, LEXINGTON KY 40507-1406
Richard W Newsom officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947
Franky Minnifield other: Director of Lead Bank 4809 CHAFFEY LANE, LEXINGTON KY 415020351
Billie J. Dollins officer: Executive Officer 3205 PEPPERHILL ROAD, LEXINGTON KY 40502
Hancock Charles Wayne Ii other: Executive Vice President C/O COMMUNITY TRUST BANCORP, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
James B Draughn officer: Executive Vice President C/O COMMUNITY TRUST BANCORP INC, PO BOX 2947, PIKEVILLE KY 41502-2947
Kevin J Stumbo officer: Executive Vice President C/O COMMUNITY TRUST BANK, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
Ricky D Sparkman officer: Executive Vice President 1218 E BROADWAY, CAMPBELLSVILLE KY 42718
David I Tackett officer: Executive Vice President COMMUNITY TRUST BANK, INC., PO BOX 2974, PIKEVILLE KY 41502-2974
Mark A Gooch officer: EVP & Treasurer, other: Pres/CEO Community Trust Bank PO BOX 2947, PIKEVILLE KY 41502-2947
Farris Franklin H Jr director 2008 HIGH RIDGE ROAD, LOUISVILLE KY 40207
Chad C Street other: Director of Lead Bank 684 CEDAR CREEK ROAD, PIKEVILLE KY 41501-1432
M Lynn Parrish director PO BOX 2725, PIKEVILLE KY 41502-2725
Charles J Baird director P O BOX 351, PIKEVILLE KY 415020351