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SBSI (Southside Bancshares) Cyclically Adjusted PB Ratio : 1.05 (As of May. 29, 2025)


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What is Southside Bancshares Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Southside Bancshares's current share price is $28.13. Southside Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $26.89. Southside Bancshares's Cyclically Adjusted PB Ratio for today is 1.05.

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

SBSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.03   Max: 3.2
Current: 1.05

During the past years, Southside Bancshares's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.99. And the median was 2.03.

SBSI's Cyclically Adjusted PB Ratio is ranked worse than
53.59% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs SBSI: 1.05

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.

Southside Bancshares's adjusted book value per share data for the three months ended in Mar. 2025 was $26.854. 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 $26.89 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southside Bancshares Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Southside Bancshares'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.

Southside Bancshares Cyclically Adjusted PB Ratio Chart

Southside Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.99 1.55 1.26 1.20

Southside Bancshares Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.14 1.06 1.27 1.20 1.08

Competitive Comparison of Southside Bancshares's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Southside Bancshares'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.


Southside Bancshares's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Southside Bancshares 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.

Southside Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.13/26.89
=1.05

* 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.

Southside Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Southside Bancshares's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.854/134.9266*134.9266
=26.854

Current CPI (Mar. 2025) = 134.9266.

Southside Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201506 15.822 100.684 21.203
201509 16.375 100.392 22.008
201512 16.246 99.792 21.966
201603 17.027 100.470 22.866
201606 17.552 101.688 23.289
201609 17.544 101.861 23.239
201612 17.715 101.863 23.465
201703 18.138 102.862 23.792
201706 18.643 103.349 24.339
201709 18.891 104.136 24.477
201712 21.547 104.011 27.951
201803 21.293 105.290 27.287
201806 21.429 106.317 27.196
201809 21.402 106.507 27.113
201812 21.684 105.998 27.602
201903 22.482 107.251 28.284
201906 23.342 108.070 29.143
201909 23.981 108.329 29.869
201912 23.788 108.420 29.604
202003 24.106 108.902 29.867
202006 24.752 108.767 30.705
202009 25.373 109.815 31.175
202012 26.564 109.897 32.614
202103 26.290 111.754 31.741
202106 27.373 114.631 32.219
202109 27.201 115.734 31.712
202112 28.195 117.630 32.341
202203 24.284 121.301 27.012
202206 22.791 125.017 24.598
202209 22.026 125.227 23.732
202212 23.647 125.222 25.480
202303 24.133 127.348 25.569
202306 25.061 128.729 26.268
202309 24.016 129.860 24.953
202312 25.564 129.419 26.652
202403 26.018 131.776 26.640
202406 26.469 132.554 26.943
202409 26.569 133.029 26.948
202412 26.727 133.157 27.082
202503 26.854 134.927 26.854

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.


Southside Bancshares  (NYSE:SBSI) 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.


Southside Bancshares Cyclically Adjusted PB Ratio Related Terms

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


Southside Bancshares Business Description

Traded in Other Exchanges
Address
1201 S. Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a bank holding company. Through its subsidiary, the Southside Bank, it operates as a financial institution offering various financial services to individuals, businesses, municipal entities, and nonprofit organizations. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services, and safe deposit services. The company's primary market areas are East Texas, Southeast Texas, and the greater Dallas-Fort Worth, Austin, and Houston, Texas.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Suni M Davis officer: CHIEF RISK OFFICER PO BOX 1079, TYLER TX 75710
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Arnold T L Jr officer: SEVP & CCO 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Tony K Morgan director PO BOX 1079, TYLER X1 75710
Cindy Blackstone officer: Chief Retail Officer 1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson director PO BOX 1079, TYLER TX 75710
Keith Donahoe officer: RP CTX 1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford director PO BOX 1079, TYLER TX 75710
Alton L. Frailey director 1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy director SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701