GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ConnectOne Bancorp Inc (FRA:CBM) » Definitions » Cyclically Adjusted PB Ratio

ConnectOne Bancorp (FRA:CBM) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 01, 2025)


View and export this data going back to 2020. Start your Free Trial

What is ConnectOne Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-06-01), ConnectOne Bancorp's current share price is €20.20. ConnectOne Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €23.88. ConnectOne Bancorp's Cyclically Adjusted PB Ratio for today is 0.85.

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

FRA:CBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.65   Max: 2.8
Current: 0.89

During the past years, ConnectOne Bancorp's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.62. And the median was 1.65.

FRA:CBM's Cyclically Adjusted PB Ratio is ranked better than
59.36% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs FRA:CBM: 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.

ConnectOne Bancorp's adjusted book value per share data for the three months ended in Mar. 2025 was €27.459. 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 €23.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ConnectOne Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ConnectOne 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.

ConnectOne Bancorp Cyclically Adjusted PB Ratio Chart

ConnectOne 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 1.26 1.78 1.15 0.98 0.90

ConnectOne 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 0.81 0.76 1.00 0.90 0.94

Competitive Comparison of ConnectOne Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, ConnectOne 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.


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

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

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


;
;

ConnectOne 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.20/23.88
=0.85

* 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.

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

For example, ConnectOne 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)
=27.459/134.9266*134.9266
=27.459

Current CPI (Mar. 2025) = 134.9266.

ConnectOne Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.358 100.684 17.901
201509 13.569 100.392 18.237
201512 14.222 99.792 19.229
201603 14.133 100.470 18.980
201606 14.277 101.688 18.944
201609 14.741 101.861 19.526
201612 15.757 101.863 20.872
201703 15.784 102.862 20.704
201706 15.183 103.349 19.822
201709 14.615 104.136 18.936
201712 14.898 104.011 19.326
201803 14.223 105.290 18.227
201806 15.388 106.317 19.529
201809 15.813 106.507 20.032
201812 16.692 105.998 21.248
201903 17.039 107.251 21.436
201906 17.504 108.070 21.854
201909 18.490 108.329 23.030
201912 18.763 108.420 23.350
202003 19.459 108.902 24.109
202006 19.384 108.767 24.046
202009 19.023 109.815 23.373
202012 18.911 109.897 23.218
202103 19.760 111.754 23.857
202106 20.126 114.631 23.689
202109 21.195 115.734 24.710
202112 22.664 117.630 25.997
202203 23.611 121.301 26.263
202206 24.883 125.017 26.855
202209 26.699 125.227 28.767
202212 25.687 125.222 27.678
202303 25.747 127.348 27.279
202306 25.802 128.729 27.044
202309 26.134 129.860 27.154
202312 26.322 129.419 27.442
202403 26.537 131.776 27.171
202406 26.958 132.554 27.441
202409 26.502 133.029 26.880
202412 28.144 133.157 28.518
202503 27.459 134.927 27.459

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.


ConnectOne Bancorp  (FRA:CBM) 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.


ConnectOne Bancorp Cyclically Adjusted PB Ratio Related Terms

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


ConnectOne Bancorp Business Description

Traded in Other Exchanges
Address
301 Sylvan Avenue, Englewood Cliffs, NJ, USA, 07632
ConnectOne Bancorp Inc is a community-based, full-service New Jersey-chartered commercial bank. Substantially all loans are secured with various types of collateral, including business assets, consumer assets and commercial/residential real estate. Each borrower's ability to repay its loans is dependent on the conversion of assets, cash flows generated from the borrowers' business, real estate rental and consumer wages.

ConnectOne Bancorp Headlines

No Headlines