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Bank OZK (MEX:OZK) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 23, 2024)


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What is Bank OZK Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Bank OZK's current share price is MXN711.70. Bank OZK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN481.35. Bank OZK's Cyclically Adjusted PB Ratio for today is 1.48.

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

MEX:OZK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.32   Max: 8.78
Current: 1.17

During the past years, Bank OZK's highest Cyclically Adjusted PB Ratio was 8.78. The lowest was 0.91. And the median was 2.32.

MEX:OZK's Cyclically Adjusted PB Ratio is ranked worse than
67.36% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs MEX:OZK: 1.17

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.

Bank OZK's adjusted book value per share data for the three months ended in Mar. 2024 was MXN720.978. 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 MXN481.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank OZK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank OZK'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.

Bank OZK Cyclically Adjusted PB Ratio Chart

Bank OZK 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 1.87 1.62 1.98 1.44 1.57

Bank OZK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.18 1.34 1.19 1.57 1.37

Competitive Comparison of Bank OZK's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank OZK'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.


Bank OZK's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bank OZK 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.

Bank OZK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=711.70/481.35
=1.48

* 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.

Bank OZK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank OZK's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=720.978/131.7762*131.7762
=720.978

Current CPI (Mar. 2024) = 131.7762.

Bank OZK Quarterly Data

Book Value per Share CPI Adj_Book
201406 138.419 100.560 181.388
201409 147.499 100.428 193.541
201412 167.643 99.070 222.988
201503 207.216 99.621 274.100
201506 218.559 100.684 286.052
201509 251.660 100.392 330.335
201512 278.345 99.792 367.556
201603 286.174 100.470 375.344
201606 317.295 101.688 411.178
201609 439.970 101.861 569.183
201612 474.606 101.863 613.981
201703 445.007 102.862 570.096
201706 459.697 103.349 586.141
201709 472.162 104.136 597.487
201712 529.800 104.011 671.227
201803 498.165 105.290 623.484
201806 552.119 106.317 684.333
201809 531.382 106.507 657.456
201812 575.615 105.998 715.602
201903 584.126 107.251 717.702
201906 594.864 108.070 725.357
201909 624.403 108.329 759.549
201912 607.018 108.420 737.783
202003 740.324 108.902 895.829
202006 733.535 108.767 888.709
202009 714.998 109.815 857.987
202012 657.008 109.897 787.812
202103 690.701 111.754 814.446
202106 690.798 114.631 794.117
202109 726.791 115.734 827.531
202112 735.443 117.630 823.891
202203 706.198 121.301 767.183
202206 721.534 125.017 760.546
202209 717.480 125.227 755.006
202212 723.856 125.222 761.744
202303 692.767 127.348 716.857
202306 677.439 128.729 693.477
202309 702.773 129.860 713.146
202312 720.084 129.419 733.197
202403 720.978 131.776 720.978

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.


Bank OZK  (MEX:OZK) 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.


Bank OZK Cyclically Adjusted PB Ratio Related Terms

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


Bank OZK (MEX:OZK) Business Description

Industry
Traded in Other Exchanges
Address
18000 Cantrell Road, Little Rock, AR, USA, 72223
Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.