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Denmark Bancshares (Denmark Bancshares) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Denmark Bancshares Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Denmark Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Denmark Bancshares'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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Denmark Bancshares Cyclically Adjusted PB Ratio Chart

Denmark Bancshares Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Denmark Bancshares Quarterly Data
Sep12 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Denmark Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Denmark Bancshares'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.


Denmark Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Denmark Bancshares 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.

Denmark Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Denmark Bancshares's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=21.878/121.3010*121.3010
=21.878

Current CPI (Mar. 2022) = 121.3010.

Denmark Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
200709 14.434 87.964 19.904
200712 14.514 88.616 19.867
200803 14.860 90.090 20.008
200806 14.765 92.320 19.400
200809 14.855 92.307 19.521
200812 14.623 88.697 19.998
200903 14.300 89.744 19.328
200906 14.235 91.003 18.974
200909 14.429 91.120 19.208
200912 14.325 91.111 19.072
201003 14.682 91.821 19.396
201006 14.714 91.962 19.408
201009 15.070 92.162 19.835
201012 15.116 92.474 19.828
201103 15.342 94.283 19.738
201106 15.430 95.235 19.653
201109 15.696 95.727 19.889
201112 16.056 95.213 20.455
201203 15.969 96.783 20.014
201206 16.007 96.819 20.055
201209 16.322 97.633 20.279
201612 17.565 101.863 20.917
201712 18.405 104.011 21.464
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 19.003 105.998 21.746
201903 19.532 107.251 22.091
201906 19.610 108.070 22.011
201909 19.986 108.329 22.379
201912 20.016 108.420 22.394
202003 20.355 108.902 22.673
202006 20.454 108.767 22.811
202009 21.167 109.815 23.381
202012 20.749 109.897 22.902
202103 21.219 111.754 23.032
202106 21.425 114.631 22.672
202109 22.178 115.734 23.245
202112 21.992 117.630 22.678
202203 21.878 121.301 21.878

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.


Denmark Bancshares  (OTCPK:DMKBA) 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.


Denmark Bancshares Cyclically Adjusted PB Ratio Related Terms

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


Denmark Bancshares (Denmark Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
103 East Main Street, Denmark, WI, USA, 54208
Denmark Bancshares Inc is a diversified one-bank holding company. The company offers a wide variety of financial products and services including loans, deposits, mortgage banking, and investment services. In addition, the company also extends farm credit through its subsidiary Denmark Agricultural Credit Corporation. The company makes agribusiness, commercial and residential loans to customers throughout the state, but primarily in eastern Wisconsin.
Executives
Jeffrey G Vandenplas officer: VP of Denmark State Bank PO BOX 130 DENMARK X1 54208-0130
David L Kappelman officer: VP of Denmark State Bank PO BOX 130 DENMARK X1 54208-0130
Michael L Heim director 4946 DENMARK ROAD DENMARK WI 54208
Thomas F Wall director, officer: Chairman of the Board
William F Noel other: Director of Denmark State Bank PO BOX 130 DENMARK WI 54208-0130
Carl T Laveck officer: Executive Vice President PO BOX 130 DENMARK WI 54208-0130
Janet L Bonkowski other: Director of Denmark State Bank PO BOX 130 DENMARK WI 54208-0130
Mark E Looker director
Jill S Feiler other: VP of Denmark State Bank PO BOX 130 DENMARK WI 54208-0130
Diane L Roundy other: Director of Denmark State Bank PO BOX 130 DENMARK WI 54208-0130
Larsen Kenneth A Sr other: Director of Denmark State Bank 103 MAIN STREET PO BOX 130 DENMARK WI 54208-0130
Allen M Peters director 103 E MAIN ST DENMARK WI 54208
Evonne J Kreft officer: VP OF DENMARK STATE BANK 103 EAST MAIN STREET DENMARK WI 54208
Lonnie A Loritz officer: VP OF DENMARK STATE BANK 103 EAST MAIN STREET DENMARK WI 54208
John P Olsen officer: Senior VP Denmark State Bank