OTTW (Ottawa Bancorp) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OTTW Ottawa Bancorp Inc OTTW
60 GF Score
Price $18.75
GF Value $16.51
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ottawa Bancorp Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ottawa Bancorp  (OTCPK:OTTW) 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.


Ottawa Bancorp Cyclically Adjusted PB Ratio Related Terms


Ottawa Bancorp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ottawa 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.

Ottawa Bancorp Cyclically Adjusted PB Ratio Chart

Ottawa Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.74 0.61 0.77 0.73

Ottawa Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.78 0.80 0.75 0.71 0.76

OTTW vs UNBK, HFBA, LUMB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Ottawa 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.


Ottawa Bancorp Cyclically Adjusted PB Ratio vs Banks Industry

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

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


OTTW
60GF Score
Ottawa Bancorp Inc OTTW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ottawa 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.

Ottawa Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ottawa Bancorp's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.631/333.9520*333.9520
=18.631

Current CPI (Jun. 2026) = 333.9520.

Ottawa Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.265 241.428 15.582
201612 16.124 241.432 22.303
201703 16.217 243.801 22.214
201706 16.362 244.955 22.307
201709 16.430 246.819 22.230
201712 15.384 246.524 20.840
201803 16.177 249.554 21.648
201806 16.231 251.989 21.510
201809 16.351 252.439 21.631
201812 16.506 251.233 21.941
201903 16.636 254.202 21.855
201906 16.447 256.143 21.443
201909 16.635 256.759 21.636
201912 16.794 256.974 21.825
202003 16.346 258.115 21.149
202006 15.961 257.797 20.676
202009 16.385 260.280 21.023
202012 17.345 260.474 22.238
202103 16.501 264.877 20.804
202106 17.351 271.696 21.327
202109 18.105 274.310 22.041
202112 17.639 278.802 21.128
202203 18.225 287.504 21.169
202206 17.296 296.311 19.493
202209 16.672 296.808 18.758
202212 17.396 296.797 19.574
202303 17.343 301.836 19.188
202306 17.385 305.109 19.028
202309 17.213 307.789 18.676
202312 17.439 306.746 18.986
202403 17.378 312.332 18.581
202406 17.438 314.175 18.536
202409 17.236 315.301 18.256
202412 17.526 315.605 18.545
202503 17.819 319.799 18.608
202506 17.987 322.561 18.622
202509 18.333 324.800 18.850
202512 18.319 324.054 18.879
202603 18.414 330.213 18.623
202606 18.631 333.952 18.631

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.

Is Ottawa Bancorp (OTTW) Overvalued in 2026?

Based on GuruFocus' analysis, Ottawa Bancorp stock appears to be overvalued. The current stock price of $18.75 is trading 13.6% above its estimated GF Value™ of $16.51. GuruFocus considers Ottawa Bancorp to be Modestly Overvalued.

Key valuation signals for OTTW:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $16.51 vs. price of $18.75 (13.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the OTTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ottawa Bancorp Business Description

Address 925 LaSalle Street, Ottawa, IL, USA, 61350
Ottawa Bancorp Inc is a bank holding company. Through its banking subsidiary, it is engaged in providing a variety of financial services to individual and corporate customers in the Ottawa, Marseilles, and Morris, Illinois areas. The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue from interest and fees related to single-family residential loans to middle-income individuals and interest and fees related to commercial loans to small businesses.
60GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.75
Price
$16.51
GF Value