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FKYS (First Keystone) Cyclically Adjusted PB Ratio : 0.60 (As of May. 30, 2025)


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What is First Keystone Cyclically Adjusted PB Ratio?

As of today (2025-05-30), First Keystone's current share price is $14.89. First Keystone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $24.78. First Keystone's Cyclically Adjusted PB Ratio for today is 0.60.

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

FKYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.11   Max: 1.66
Current: 0.61

During the past years, First Keystone's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.45. And the median was 1.11.

FKYS's Cyclically Adjusted PB Ratio is ranked better than
78.39% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs FKYS: 0.61

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 Keystone's adjusted book value per share data for the three months ended in Mar. 2025 was $17.122. 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 $24.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Keystone Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Keystone'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 Keystone Cyclically Adjusted PB Ratio Chart

First Keystone 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 0.98 1.04 0.84 0.65 0.55

First Keystone 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 0.52 0.50 0.50 0.55 0.61

Competitive Comparison of First Keystone's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, First Keystone'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 Keystone's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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First Keystone 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 Keystone's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.89/24.78
=0.60

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

For example, First Keystone'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)
=17.122/134.9266*134.9266
=17.122

Current CPI (Mar. 2025) = 134.9266.

First Keystone Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.976 100.684 25.430
201509 19.451 100.392 26.142
201512 19.295 99.792 26.088
201603 20.164 100.470 27.079
201606 20.782 101.688 27.575
201609 20.566 101.861 27.242
201612 19.341 101.863 25.619
201703 19.633 102.862 25.753
201706 20.105 103.349 26.248
201709 20.208 104.136 26.183
201712 20.409 104.011 26.475
201803 19.659 105.290 25.193
201806 19.734 106.317 25.044
201809 19.612 106.507 24.845
201812 20.253 105.998 25.780
201903 21.008 107.251 26.429
201906 21.711 108.070 27.107
201909 22.043 108.329 27.455
201912 22.134 108.420 27.545
202003 22.317 108.902 27.650
202006 23.518 108.767 29.174
202009 23.946 109.815 29.422
202012 24.514 109.897 30.097
202103 24.226 111.754 29.249
202106 24.937 114.631 29.352
202109 24.922 115.734 29.055
202112 24.980 117.630 28.653
202203 22.394 121.301 24.909
202206 20.963 125.017 22.625
202209 19.237 125.227 20.727
202212 20.001 125.222 21.551
202303 20.700 127.348 21.932
202306 19.981 128.729 20.943
202309 18.884 129.860 19.621
202312 19.966 129.419 20.816
202403 16.855 131.776 17.258
202406 16.345 132.554 16.638
202409 17.356 133.029 17.604
202412 17.170 133.157 17.398
202503 17.122 134.927 17.122

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 Keystone  (OTCPK:FKYS) 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 Keystone Cyclically Adjusted PB Ratio Related Terms

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


First Keystone Business Description

Traded in Other Exchanges
N/A
Address
111 West Front Street, Berwick, PA, USA, 18603
First Keystone Corp provides a full range of banking, trust and related services through its wholly-owned Bank subsidiary and is subject to competition from other financial institutions in connection with these services. The Bank serves a customer base that includes individuals, businesses, governments, and public and institutional customers located in the Northeast Region of Pennsylvania. The Bank has approximately 19 full-service offices and 20 Automated Teller Machines (ATM) located in Columbia, Luzerne, Montour, Monroe, and Northampton counties.
Executives
Michael L Jezewski director 662 E. MAIN STREET, NANTICOKE PA 18634
Jonathan Robert Littlewood officer: Senior Vice President 98 W. 10TH STREET, BLOOMSBURG PA 17815
Donald Matthew Bower director 1755 SALEM BOULEVARD, BERWICK PA 18603
Whitney B Holloway director 1034 THIRD ST, NESCOPECK PA 18635
Nancy Jean Marr director 2083 CONTINENTAL BLVD, TURBOTVILLE PA 17772
Robert Alvin Bull director 501 E 11TH ST, BERWICK PA 18603
John E Arndt director 5 SONNY ROAD, BERWICK PA 18603
William Elmer Rinehart director 860 POLK VALLEY ROAD, STROUDSBURG PA 18360
Conahan Joseph B Jr director R.D. 5 5121B, HICKORY CIRCLE, STROUDSBURG PA 18360
Elaine A Woodland officer: Senior Vice President RR 7 BOX 7353, SAYLORSBURG PA 18353
Mark James Mcdonald officer: SVP 3004 RED LANE, DANVILLE PA 17821
John G Gerlach director 32 WYNDHAM HILLS, CRESCO PA 18326
Don E Bower director 1371 STATE RT 93, BERWICK PA 18603
Jeffrey Thomas Wozniak officer: SVP 26 GRECO DRIVE, SUGARLOAF PA 18249
Jacob Richard Price officer: SVP 929 MCGRANN BLVD, LANCASTER PA 17601