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First State Financial (First State Financial) Cyclically Adjusted PB Ratio : 0.00 (As of May. 15, 2024)


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What is First State Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-15), First State Financial's current share price is $0.027. First State Financial's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $9.07. First State Financial's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past 13 years, First State Financial's highest Cyclically Adjusted PB Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

FSTF's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.93
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

First State Financial's adjusted book value per share data of for the fiscal year that ended in Dec23 was $-0.014. 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 $9.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


First State Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First State Financial'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.

First State Financial Cyclically Adjusted PB Ratio Chart

First State Financial Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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First State Financial Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Competitive Comparison of First State Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, First State Financial'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.


First State Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



First State Financial 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.

First State Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.027/9.07
=0.00

* 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.

First State Financial's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, First State Financial's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.014/129.4194*129.4194
=-0.014

Current CPI (Dec23) = 129.4194.

First State Financial Annual Data

Book Value per Share CPI Adj_Book
200512 7.586 83.032 11.824
200612 8.261 85.142 12.557
200712 8.468 88.616 12.367
200812 5.898 88.697 8.606
201812 0.000 105.998 0.000
201912 0.000 108.420 0.000
202012 0.000 109.897 0.000
202112 0.000 117.630 0.000
202212 0.000 125.222 0.000
202312 -0.014 129.419 -0.014

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.


First State Financial  (OTCPK:FSTF) 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.


First State Financial Cyclically Adjusted PB Ratio Related Terms

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


First State Financial (First State Financial) Business Description

Traded in Other Exchanges
N/A
Address
55 E Washington Street, Chicago, IL, USA, 60602
First State Financial operates nine branches in Florida's Sarasota and Pinellas counties. This friendly community bank offers small-business and consumer banking products. With only $480 million in assets, First State competes with the giants of the industry in the crowded Florida banking market.
Executives
Robert Jr Shell director 22 S LINKS AVENUE, SARASOTA FL 34236
John E Wilkinson director, officer: President and CEO 22 S LINKS AVENUE, SUITE 100, SARASOTA FL 34236-5939
Dennis Grinsteiner officer: Senior Vice President and CFO 22 S LINKS AVENUE, SARASOTA FL 34236
Coughlin Corey director, officer: President and CEO 22 S LINKS AVENUE, SARASOTA FL 34236
Robert Beymer director 22 S LINKS AVENUE, SARASOTA FL 34236
Neal Scaggs director 22 S LINKS AVENUE, SARASOTA FL 34236
Daniel Harrington director 22 S LINKS AVENUE, SARASOTA FL 34236
Thomas Wright director 22 S LINKS AVENUE, SARASOTA FL 34236
Marshall Reynolds director 22 S LINKS AVENUE, SARASOTA FL 34236

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