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Ameris Bancorp (FRA:AXU) Cyclically Adjusted PB Ratio : 1.44 (As of Jun. 02, 2025)


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What is Ameris Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Ameris Bancorp's current share price is €54.00. Ameris Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €37.53. Ameris Bancorp's Cyclically Adjusted PB Ratio for today is 1.44.

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

FRA:AXU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.14   Max: 4.03
Current: 1.52

During the past years, Ameris Bancorp's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 0.92. And the median was 2.14.

FRA:AXU's Cyclically Adjusted PB Ratio is ranked worse than
75.23% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs FRA:AXU: 1.52

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.

Ameris Bancorp's adjusted book value per share data for the three months ended in Mar. 2025 was €51.327. 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 €37.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameris Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ameris 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.

Ameris Bancorp Cyclically Adjusted PB Ratio Chart

Ameris 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 1.83 1.96 1.57 1.54 1.60

Ameris 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 1.35 1.36 1.64 1.60 1.43

Competitive Comparison of Ameris Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Ameris 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.


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

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

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


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Ameris 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.00/37.53
=1.44

* 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.

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

For example, Ameris 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)
=51.327/134.9266*134.9266
=51.327

Current CPI (Mar. 2025) = 134.9266.

Ameris Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.459 100.684 18.036
201509 13.901 100.392 18.683
201512 14.670 99.792 19.835
201603 15.488 100.470 20.800
201606 15.986 101.688 21.211
201609 16.409 101.861 21.736
201612 17.549 101.863 23.245
201703 19.094 102.862 25.046
201706 18.714 103.349 24.432
201709 18.071 104.136 23.414
201712 18.244 104.011 23.667
201803 18.387 105.290 23.563
201806 24.713 106.317 31.363
201809 25.350 106.507 32.114
201812 26.950 105.998 34.305
201903 27.815 107.251 34.993
201906 28.783 108.070 35.936
201909 31.583 108.329 39.337
201912 31.978 108.420 39.796
202003 31.763 108.902 39.354
202006 31.450 108.767 39.014
202009 31.334 109.815 38.499
202012 31.290 109.897 38.417
202103 33.227 111.754 40.117
202106 33.751 114.631 39.727
202109 35.408 115.734 41.280
202112 37.715 117.630 43.261
202203 39.322 121.301 43.739
202206 41.918 125.017 45.241
202209 45.424 125.227 48.943
202212 43.511 125.222 46.883
202303 43.799 127.348 46.406
202306 43.849 128.729 45.960
202309 45.362 129.860 47.132
202312 45.506 129.419 47.442
202403 46.386 131.776 47.495
202406 47.973 132.554 48.832
202409 48.025 133.029 48.710
202412 51.871 133.157 52.560
202503 51.327 134.927 51.327

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.


Ameris Bancorp  (FRA:AXU) 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.


Ameris Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Ameris Bancorp Business Description

Industry
Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the Premium Finance Division. The company generates majority of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.