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Southern Banc Co (Southern Banc Co) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 22, 2024)


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What is Southern Banc Co Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Southern Banc Co's current share price is $11.40. Southern Banc Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $19.20. Southern Banc Co's Cyclically Adjusted PB Ratio for today is 0.59.

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

SRNN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.47   Max: 0.77
Current: 0.59

During the past 13 years, Southern Banc Co's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.26. And the median was 0.47.

SRNN's Cyclically Adjusted PB Ratio is ranked better than
75.97% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs SRNN: 0.59

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.

Southern Banc Co's adjusted book value per share data of for the fiscal year that ended in Jun23 was $15.924. 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 $19.20 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Banc Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Southern Banc Co'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.

Southern Banc Co Cyclically Adjusted PB Ratio Chart

Southern Banc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.38 0.46 0.56 0.66

Southern Banc Co Semi-Annual Data
Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 0.43 0.38 0.46 0.56 0.66

Competitive Comparison of Southern Banc Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Southern Banc Co'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.


Southern Banc Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Southern Banc Co 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.

Southern Banc Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.40/19.2
=0.59

* 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.

Southern Banc Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Southern Banc Co's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=15.924/128.7287*128.7287
=15.924

Current CPI (Jun23) = 128.7287.

Southern Banc Co Annual Data

Book Value per Share CPI Adj_Book
201406 18.973 100.560 24.288
201506 18.411 100.684 23.539
201606 17.075 101.688 21.616
201706 15.386 103.349 19.164
201806 14.223 106.317 17.221
201906 15.332 108.070 18.263
202006 16.162 108.767 19.128
202106 16.365 114.631 18.378
202206 14.016 125.017 14.432
202306 15.924 128.729 15.924

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.


Southern Banc Co  (OTCPK:SRNN) 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.


Southern Banc Co Cyclically Adjusted PB Ratio Related Terms

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


Southern Banc Co (Southern Banc Co) Business Description

Traded in Other Exchanges
N/A
Address
221 South 6th Street, Gadsden, AL, USA, 35901
Southern Banc Co Inc provides personal and business banking solutions. It offers banking solutions for every personal banking need including Personal Checking, Mortgage Loans, Consumer Loans, and Home Equity Lines of Credit. The principal business of the Bank consists of accepting deposits from the general public through the Bank's main and branch offices and investing those funds in loans secured by real estate properties, commercial and consumer loans located in the Bank's primary market area, and factoring. The company serves small and medium-sized business customers the United States.
Executives
Fred Taylor director
Little James B Iii director
Craig G Cantrell director
Dowling Thomas F Iii director
Little James B Jr director, officer: Vice President
Gates Little director, officer: President