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Berkshire Hills Bancorp (FRA:4I9) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 01, 2025)


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What is Berkshire Hills Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Berkshire Hills Bancorp's current share price is €21.80. Berkshire Hills Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €30.51. Berkshire Hills Bancorp's Cyclically Adjusted PB Ratio for today is 0.71.

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

FRA:4I9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.88   Max: 1.39
Current: 0.75

During the past years, Berkshire Hills Bancorp's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.29. And the median was 0.88.

FRA:4I9's Cyclically Adjusted PB Ratio is ranked better than
70.05% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs FRA:4I9: 0.75

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.

Berkshire Hills Bancorp's adjusted book value per share data for the three months ended in Mar. 2025 was €23.870. 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 €30.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berkshire Hills Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Berkshire Hills 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.

Berkshire Hills Bancorp Cyclically Adjusted PB Ratio Chart

Berkshire Hills 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 0.55 0.87 0.89 0.75 0.86

Berkshire Hills 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 0.68 0.68 0.81 0.86 0.79

Competitive Comparison of Berkshire Hills Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Berkshire Hills 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.


Berkshire Hills Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Berkshire Hills 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.

Berkshire Hills Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.80/30.51
=0.71

* 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.

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

For example, Berkshire Hills 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)
=23.87/134.9266*134.9266
=23.870

Current CPI (Mar. 2025) = 134.9266.

Berkshire Hills Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.965 100.684 33.456
201509 25.380 100.392 34.111
201512 26.294 99.792 35.551
201603 26.207 100.470 35.195
201606 26.378 101.688 35.000
201609 26.699 101.861 35.366
201612 29.054 101.863 38.485
201703 28.774 102.862 37.743
201706 27.919 103.349 36.449
201709 26.660 104.136 34.543
201712 27.158 104.011 35.230
201803 26.050 105.290 33.383
201806 27.810 106.317 35.294
201809 28.146 106.507 35.656
201812 29.269 105.998 37.257
201903 29.869 107.251 37.577
201906 30.154 108.070 37.648
201909 31.200 108.329 38.860
201912 31.182 108.420 38.805
202003 30.683 108.902 38.016
202006 20.236 108.767 25.103
202009 19.555 109.815 24.027
202012 19.207 109.897 23.582
202103 19.360 111.754 23.374
202106 19.336 114.631 22.759
202109 20.580 115.734 23.993
202112 21.502 117.630 24.664
202203 20.782 121.301 23.116
202206 20.951 125.017 22.612
202209 21.137 125.227 22.774
202212 20.302 125.222 21.875
202303 20.936 127.348 22.182
202306 20.404 128.729 21.386
202309 20.334 129.860 21.127
202312 21.338 129.419 22.246
202403 21.401 131.776 21.913
202406 21.905 132.554 22.297
202409 22.439 133.029 22.759
202412 24.015 133.157 24.334
202503 23.870 134.927 23.870

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.


Berkshire Hills Bancorp  (FRA:4I9) 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.


Berkshire Hills Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Berkshire Hills Bancorp Business Description

Traded in Other Exchanges
Address
60 State Street, Boston, MA, USA, 02109
Berkshire Hills Bancorp Inc is a holding company. It provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.

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