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NewtekOne (NewtekOne) Cyclically Adjusted PB Ratio : 0.85 (As of Jul. 24, 2024)


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What is NewtekOne Cyclically Adjusted PB Ratio?

As of today (2024-07-24), NewtekOne's current share price is $14.84. NewtekOne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.36. NewtekOne's Cyclically Adjusted PB Ratio for today is 0.85.

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

NEWT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.45   Max: 2.7
Current: 0.85

During the past years, NewtekOne's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.60. And the median was 1.45.

NEWT's Cyclically Adjusted PB Ratio is ranked better than
59.19% of 1235 companies
in the Banks industry
Industry Median: 0.97 vs NEWT: 0.85

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.

NewtekOne's adjusted book value per share data for the three months ended in Mar. 2024 was $9.484. 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 $17.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NewtekOne Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NewtekOne'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.

NewtekOne Cyclically Adjusted PB Ratio Chart

NewtekOne 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 1.73 1.41 1.77 0.95 0.80

NewtekOne 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 0.74 0.92 0.85 0.80 0.63

Competitive Comparison of NewtekOne's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, NewtekOne'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.


NewtekOne's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



NewtekOne 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.

NewtekOne's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.84/17.36
=0.85

* 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.

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

For example, NewtekOne'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)
=9.484/131.7762*131.7762
=9.484

Current CPI (Mar. 2024) = 131.7762.

NewtekOne Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.086 100.560 14.527
201409 10.909 100.428 14.314
201412 16.306 99.070 21.689
201503 16.614 99.621 21.977
201506 16.592 100.684 21.716
201509 16.878 100.392 22.154
201512 14.057 99.792 18.562
201603 14.099 100.470 18.492
201606 14.114 101.688 18.290
201609 14.264 101.861 18.453
201612 14.298 101.863 18.497
201703 14.307 102.862 18.329
201706 14.355 103.349 18.303
201709 14.417 104.136 18.244
201712 15.080 104.011 19.106
201803 15.046 105.290 18.831
201806 15.059 106.317 18.665
201809 15.276 106.507 18.900
201812 15.193 105.998 18.888
201903 15.310 107.251 18.811
201906 15.329 108.070 18.692
201909 15.414 108.329 18.750
201912 15.695 108.420 19.076
202003 14.995 108.902 18.145
202006 15.664 108.767 18.978
202009 15.134 109.815 18.161
202012 15.446 109.897 18.521
202103 16.283 111.754 19.200
202106 16.378 114.631 18.828
202109 16.225 115.734 18.474
202112 16.718 117.630 18.729
202203 16.493 121.301 17.917
202206 16.312 125.017 17.194
202209 16.041 125.227 16.880
202212 15.253 125.222 16.051
202303 8.077 127.348 8.358
202306 8.185 128.729 8.379
202309 8.411 129.860 8.535
202312 9.291 129.419 9.460
202403 9.484 131.776 9.484

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.


NewtekOne  (NAS:NEWT) 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.


NewtekOne Cyclically Adjusted PB Ratio Related Terms

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


NewtekOne (NewtekOne) Business Description

Industry
Traded in Other Exchanges
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.
Executives
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Barry Sloane director, officer: CEO and President
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Michael Scott Price officer: Chief Financial Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Sam Kirschner director 60 EAST 8TH STREET, #20K, NEW YORK NY 10003
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
John Raven officer: Chief Info. Security Officer