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Prosperity Bancshares (FRA:PPY) Cyclically Adjusted PB Ratio : 0.94 (As of May. 22, 2025)


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What is Prosperity Bancshares Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Prosperity Bancshares's current share price is €63.00. Prosperity Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €67.28. Prosperity Bancshares's Cyclically Adjusted PB Ratio for today is 0.94.

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

FRA:PPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.33   Max: 1.96
Current: 0.93

During the past years, Prosperity Bancshares's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.73. And the median was 1.33.

FRA:PPY's Cyclically Adjusted PB Ratio is ranked better than
54.27% of 1277 companies
in the Banks industry
Industry Median: 1.02 vs FRA:PPY: 0.93

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.

Prosperity Bancshares's adjusted book value per share data for the three months ended in Mar. 2025 was €72.994. 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 €67.28 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosperity Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prosperity Bancshares'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.

Prosperity Bancshares Cyclically Adjusted PB Ratio Chart

Prosperity Bancshares 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 1.33 1.23 1.11 0.97 1.02

Prosperity Bancshares 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 0.92 0.84 0.98 1.02 0.95

Competitive Comparison of Prosperity Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Prosperity Bancshares'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.


Prosperity Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Prosperity Bancshares 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.

Prosperity Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.00/67.28
=0.94

* 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.

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

For example, Prosperity Bancshares'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)
=72.994/134.9266*134.9266
=72.994

Current CPI (Mar. 2025) = 134.9266.

Prosperity Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201506 42.709 100.684 57.234
201509 43.395 100.392 58.323
201512 45.399 99.792 61.383
201603 45.183 100.470 60.678
201606 45.404 101.688 60.245
201609 46.101 101.861 61.066
201612 49.689 101.863 65.818
201703 49.644 102.862 65.119
201706 47.853 103.349 62.474
201709 45.659 104.136 59.160
201712 46.501 104.011 60.323
201803 45.024 105.290 57.697
201806 48.237 106.317 61.218
201809 49.032 106.507 62.116
201812 51.003 105.998 64.923
201903 52.074 107.251 65.512
201906 52.745 108.070 65.853
201909 54.785 108.329 68.236
201912 56.717 108.420 70.583
202003 57.196 108.902 70.865
202006 57.003 108.767 70.713
202009 55.353 109.815 68.011
202012 54.438 109.897 66.837
202103 56.240 111.754 67.901
202106 56.357 114.631 66.335
202109 58.525 115.734 68.230
202112 61.713 117.630 70.788
202203 64.084 121.301 71.282
202206 67.653 125.017 73.016
202209 73.213 125.227 78.884
202212 69.258 125.222 74.626
202303 69.403 127.348 73.533
202306 68.625 128.729 71.929
202309 70.314 129.860 73.058
202312 69.266 129.419 72.213
202403 69.887 131.776 71.558
202406 71.029 132.554 72.300
202409 69.624 133.029 70.617
202412 74.561 133.157 75.552
202503 72.994 134.927 72.994

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.


Prosperity Bancshares  (FRA:PPY) 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.


Prosperity Bancshares Cyclically Adjusted PB Ratio Related Terms

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


Prosperity Bancshares Business Description

Traded in Other Exchanges
Address
Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027
Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma. The group provides Personal, Business, Mortgage, and Banking Services.