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M & F Bancorp (M & F Bancorp) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is M & F Bancorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


M & F Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M & F 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.

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M & F Bancorp Cyclically Adjusted PB Ratio Chart

M & F Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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M & F Bancorp Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of M & F Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, M & F 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.


M & F Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



M & F 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.

M & F Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, M & F Bancorp's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=12.261/101.6881*101.6881
=12.261

Current CPI (Jun. 2016) = 101.6881.

M & F Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
200609 12.827 85.606 15.237
200612 12.910 85.142 15.419
200703 13.018 86.640 15.279
200706 12.774 87.906 14.777
200709 13.194 87.964 15.252
200712 13.146 88.616 15.085
200803 15.825 90.090 17.862
200806 12.656 92.320 13.940
200809 12.506 92.307 13.777
200812 11.972 88.697 13.725
200903 12.171 89.744 13.791
200906 12.162 91.003 13.590
200909 12.346 91.120 13.778
200912 12.226 91.111 13.645
201003 12.234 91.821 13.549
201006 12.333 91.962 13.637
201009 12.330 92.162 13.605
201012 12.154 92.474 13.365
201103 12.339 94.283 13.308
201106 12.492 95.235 13.339
201109 12.624 95.727 13.410
201112 12.146 95.213 12.972
201203 12.184 96.783 12.802
201206 12.215 96.819 12.829
201209 12.389 97.633 12.904
201212 12.088 96.871 12.689
201303 12.030 98.209 12.456
201306 11.817 98.518 12.197
201309 11.781 98.790 12.127
201312 12.017 98.326 12.428
201403 12.219 99.695 12.463
201406 12.510 100.560 12.650
201409 12.530 100.428 12.687
201412 12.233 99.070 12.556
201503 12.173 99.621 12.426
201506 12.066 100.684 12.186
201509 12.355 100.392 12.515
201512 12.058 99.792 12.287
201603 12.232 100.470 12.380
201606 12.261 101.688 12.261

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.


M & F Bancorp  (OTCPK:MFBP) 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.


M & F Bancorp Cyclically Adjusted PB Ratio Related Terms

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M & F Bancorp (M & F Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2634 Durham Chapel Hill Boulevard, Suite 101, Durham, NC, USA, 27707
M & F Bancorp Inc is a bank holding company. The Bank has seven branches in North Carolina: two in Durham, two in Raleigh, and one each in Charlotte, Greensboro, and Winston-Salem. The company operates as a single business segment and offers a wide variety of consumer and commercial banking services and products. The Bank offers banking services such as checking accounts, savings accounts, Negotiable Order of Withdrawal accounts, money market accounts, certificates of deposit, individual retirement accounts, equity lines of credit, credit lines, consumer loans, and credit cards.
Executives
Jonathan Sears Woodall officer: SVP/CFO 5136 LINKSLAND DRIVE, HOLLY SPRINGS NC 27540

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