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Bankwell Financial Group (FRA:33W) Cyclically Adjusted PB Ratio : 0.90 (As of May. 15, 2024)


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What is Bankwell Financial Group Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Bankwell Financial Group's current share price is €21.60. Bankwell Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.96. Bankwell Financial Group's Cyclically Adjusted PB Ratio for today is 0.90.

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

FRA:33W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.36   Max: 2.12
Current: 0.89

During the past years, Bankwell Financial Group's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.69. And the median was 1.36.

FRA:33W's Cyclically Adjusted PB Ratio is ranked better than
53.92% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs FRA:33W: 0.89

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.

Bankwell Financial Group's adjusted book value per share data for the three months ended in Mar. 2024 was €31.182. 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 €23.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bankwell Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bankwell Financial Group'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.

Bankwell Financial Group Cyclically Adjusted PB Ratio Chart

Bankwell Financial Group 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 1.60 1.00 1.50 1.22 1.16

Bankwell Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.97 0.95 1.16 0.98

Competitive Comparison of Bankwell Financial Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bankwell Financial Group'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.


Bankwell Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bankwell Financial Group's Cyclically Adjusted PB Ratio falls into.



Bankwell Financial Group 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.

Bankwell Financial Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.60/23.96
=0.90

* 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.

Bankwell Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bankwell Financial Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.182/129.4194*129.4194
=31.182

Current CPI (Mar. 2024) = 129.4194.

Bankwell Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.854 100.560 15.256
201409 12.719 100.428 16.391
201412 13.344 99.070 17.432
201503 15.363 99.621 19.958
201506 15.097 100.684 19.406
201509 15.333 100.392 19.766
201512 16.094 99.792 20.872
201603 16.051 100.470 20.676
201606 16.176 101.688 20.587
201609 16.562 101.861 21.043
201612 18.149 101.863 23.059
201703 18.320 102.862 23.050
201706 17.812 103.349 22.305
201709 17.237 104.136 21.422
201712 17.554 104.011 21.842
201803 17.184 105.290 21.122
201806 18.510 106.317 22.532
201809 19.095 106.507 23.203
201812 19.525 105.998 23.839
201903 19.877 107.251 23.986
201906 19.971 108.070 23.916
201909 20.382 108.329 24.350
201912 20.862 108.420 24.903
202003 19.570 108.902 23.257
202006 19.180 108.767 22.822
202009 18.737 109.815 22.082
202012 18.331 109.897 21.587
202103 19.962 111.754 23.117
202106 20.058 114.631 22.646
202109 21.261 115.734 23.775
202112 22.908 117.630 25.204
202203 24.594 121.301 26.240
202206 27.513 125.017 28.482
202209 30.319 125.227 31.334
202212 29.120 125.222 30.096
202303 28.854 127.348 29.323
202306 29.330 128.729 29.487
202309 30.812 129.860 30.708
202312 30.915 129.419 30.915
202403 31.182 129.419 31.182

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.


Bankwell Financial Group  (FRA:33W) 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.


Bankwell Financial Group Cyclically Adjusted PB Ratio Related Terms

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


Bankwell Financial Group (FRA:33W) Business Description

Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

Bankwell Financial Group (FRA:33W) Headlines

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