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FBAK (First National Bank Alaska) Cyclically Adjusted PB Ratio : 1.41 (As of May. 27, 2025)


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What is First National Bank Alaska Cyclically Adjusted PB Ratio?

As of today (2025-05-27), First National Bank Alaska's current share price is $263.00. First National Bank Alaska's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $186.35. First National Bank Alaska's Cyclically Adjusted PB Ratio for today is 1.41.

The historical rank and industry rank for First National Bank Alaska's Cyclically Adjusted PB Ratio or its related term are showing as below:

FBAK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.29   Max: 1.84
Current: 1.38

During the past years, First National Bank Alaska's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.98. And the median was 1.29.

FBAK's Cyclically Adjusted PB Ratio is ranked worse than
70.88% of 1281 companies
in the Banks industry
Industry Median: 1.01 vs FBAK: 1.38

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.

First National Bank Alaska's adjusted book value per share data for the three months ended in Sep. 2024 was $166.676. 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 $186.35 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First National Bank Alaska Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First National Bank Alaska'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.

First National Bank Alaska Cyclically Adjusted PB Ratio Chart

First National Bank Alaska 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 1.50 1.12 1.30 1.27 1.08

First National Bank Alaska Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.01 1.08 1.07 1.05 1.10

Competitive Comparison of First National Bank Alaska's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, First National Bank Alaska'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.


First National Bank Alaska's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Bank Alaska's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First National Bank Alaska's Cyclically Adjusted PB Ratio falls into.


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First National Bank Alaska 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.

First National Bank Alaska's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=263.00/186.35
=1.41

* 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.

First National Bank Alaska's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, First National Bank Alaska's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=166.676/133.0289*133.0289
=166.676

Current CPI (Sep. 2024) = 133.0289.

First National Bank Alaska Quarterly Data

Book Value per Share CPI Adj_Book
201306 138.484 98.518 186.995
201309 140.331 98.790 188.967
201312 140.365 98.326 189.905
201412 147.215 99.070 197.677
201512 153.444 99.792 204.550
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 155.388 101.863 202.931
201703 157.357 102.862 203.506
201706 159.632 103.349 205.475
201709 161.357 104.136 206.127
201712 156.694 104.011 200.410
201803 154.130 105.290 194.737
201806 154.430 106.317 193.231
201809 155.563 106.507 194.301
201812 159.940 105.998 200.727
201903 163.686 107.251 203.029
201906 168.714 108.070 207.680
201909 172.267 108.329 211.545
201912 172.879 108.420 212.118
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 184.853 109.815 223.929
202012 185.219 109.897 224.206
202103 180.323 111.754 214.651
202106 182.275 114.631 211.529
202109 178.424 115.734 205.087
202112 175.096 117.630 198.019
202203 0.000 121.301 0.000
202206 140.265 125.017 149.254
202209 122.866 125.227 130.521
202212 128.686 125.222 136.709
202303 135.319 127.348 141.356
202306 133.967 128.729 138.442
202309 133.673 129.860 136.935
202312 146.761 129.419 150.854
202403 148.627 131.776 150.040
202406 153.195 132.554 153.744
202409 166.676 133.029 166.676

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.


First National Bank Alaska  (OTCPK:FBAK) 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.


First National Bank Alaska Cyclically Adjusted PB Ratio Related Terms

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


First National Bank Alaska Business Description

Traded in Other Exchanges
N/A
Address
101 West 36th Avenue, Anchorage, AK, USA, 99503
First National Bank Alaska is a commercial banking service provider in the United States. Its primary business operations involve corporate banking and consumer banking services. The Bank provides trust banking services, escrow and contract collection services, bankcard services and safe deposit box facilities for business, industry, and individuals within the State of Alaska. It also offers various real estate loans, including commercial and construction/development loans, multifamily residential loans, and consumer and other loans. The company also has add-on services like the United States Treasury, the United States Government-sponsored enterprises, States and political subdivisions, mortgage-backed-residential and corporate bonds.