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GABC (German American Bancorp) Cyclically Adjusted PB Ratio : 1.80 (As of Jan. 19, 2025)


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What is German American Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-01-19), German American Bancorp's current share price is $39.75. German American Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $22.03. German American Bancorp's Cyclically Adjusted PB Ratio for today is 1.80.

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

GABC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.36   Max: 3.75
Current: 1.8

During the past years, German American Bancorp's highest Cyclically Adjusted PB Ratio was 3.75. The lowest was 1.26. And the median was 2.36.

GABC's Cyclically Adjusted PB Ratio is ranked worse than
82.48% of 1227 companies
in the Banks industry
Industry Median: 1.02 vs GABC: 1.80

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.

German American Bancorp's adjusted book value per share data for the three months ended in Sep. 2024 was $25.087. 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 $22.03 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


German American Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for German American 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.

German American Bancorp Cyclically Adjusted PB Ratio Chart

German American Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.20 2.23 1.93 1.56

German American Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.31 1.56 1.62 1.63 1.76

Competitive Comparison of German American Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, German American 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.


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

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

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



German American 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.75/22.03
=1.80

* 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.

German American Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, German American Bancorp's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=25.087/133.0289*133.0289
=25.087

Current CPI (Sep. 2024) = 133.0289.

German American Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.543 99.070 15.500
201503 11.954 99.621 15.963
201506 11.918 100.684 15.747
201509 12.424 100.392 16.463
201512 12.669 99.792 16.888
201603 14.057 100.470 18.612
201606 14.522 101.688 18.998
201609 14.899 101.861 19.458
201612 14.427 101.863 18.841
201703 14.881 102.862 19.245
201706 15.480 103.349 19.926
201709 15.727 104.136 20.091
201712 15.896 104.011 20.331
201803 15.848 105.290 20.023
201806 16.133 106.317 20.186
201809 16.376 106.507 20.454
201812 18.369 105.998 23.053
201903 19.173 107.251 23.781
201906 19.983 108.070 24.598
201909 21.113 108.329 25.927
201912 21.514 108.420 26.397
202003 21.987 108.902 26.858
202006 22.443 108.767 27.449
202009 22.798 109.815 27.617
202012 23.572 109.897 28.534
202103 23.250 111.754 27.676
202106 24.448 114.631 28.372
202109 24.491 115.734 28.151
202112 25.174 117.630 28.470
202203 22.012 121.301 24.140
202206 19.483 125.017 20.732
202209 16.778 125.227 17.823
202212 18.933 125.222 20.113
202303 20.469 127.348 21.382
202306 20.376 128.729 21.057
202309 18.204 129.860 18.648
202312 22.429 129.419 23.055
202403 22.085 131.776 22.295
202406 23.175 132.554 23.258
202409 25.087 133.029 25.087

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.


German American Bancorp  (NAS:GABC) 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.


German American Bancorp Cyclically Adjusted PB Ratio Related Terms

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


German American Bancorp Business Description

Traded in Other Exchanges
Address
711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The Company's lines of business include Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.
Executives
Jack Sheidler director 1065 ASHLEY STREET, SUITE 200, BOWLING GREEN KY 42130
Thomas W Seger director 711 MAIN ST, JASPER IN 47546
Zachary W Bawel director 711 MAIN STREET BOX 810, JASPER IN 47546
Susan J Ellspermann director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Christina M Ryan director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Jason M Kelly director 711 MAIN ST, JASPER IN 47546
Diane B Medley director 711 MAIN ST, PO BOX 810, JASPER IN 47546
Tyson J Wagler director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Bradley C Arnett officer: SVP, CHIEF LEGAL OFFICER 711 MAIN ST, JASPER IN 47546
Chris A Ramsey director 706 JEFFERSON STREET, TELL CITY IN 47586
Michael F Beckwith officer: EVP - Chief Banking Officer 711 MAIN ST, JASPER IN 47546
Angela Curry director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Marc D Fine director 830 WINDSOR WOODS DRIVE, EVANSVILLE IN 47715
Mark A Schroeder director, officer: PRESIDENT / CEO LEGRE & BARNES, 9100 KEYSTONE CROSSING SUITE 800, INDIANAPOLIS IN 46240
Amy D Jackson officer: EVP, Chief Administrative Offi 711 MAIN ST, JASPER IN 47546