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MVB Financial (STU:MV6) Cyclically Adjusted PB Ratio : 0.97 (As of May. 24, 2024)


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What is MVB Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-24), MVB Financial's current share price is €16.80. MVB Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.38. MVB Financial's Cyclically Adjusted PB Ratio for today is 0.97.

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

STU:MV6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.52   Max: 3.13
Current: 0.94

During the past years, MVB Financial's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.91. And the median was 1.52.

STU:MV6's Cyclically Adjusted PB Ratio is ranked worse than
52.68% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs STU:MV6: 0.94

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.

MVB Financial's adjusted book value per share data for the three months ended in Mar. 2024 was €20.910. 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 €17.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MVB Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MVB Financial'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.

MVB Financial Cyclically Adjusted PB Ratio Chart

MVB Financial 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 1.96 1.65 2.63 1.25 1.18

MVB Financial 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 1.14 1.14 1.19 1.18 1.14

Competitive Comparison of MVB Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, MVB Financial'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.


MVB Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



MVB Financial 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.

MVB Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.80/17.38
=0.97

* 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.

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

For example, MVB Financial'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)
=20.91/131.7762*131.7762
=20.910

Current CPI (Mar. 2024) = 131.7762.

MVB Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.575 100.560 11.237
201409 9.069 100.428 11.900
201412 9.413 99.070 12.521
201503 10.972 99.621 14.513
201506 10.749 100.684 14.068
201509 10.756 100.392 14.119
201512 11.148 99.792 14.721
201603 11.144 100.470 14.616
201606 11.807 101.688 15.301
201609 11.961 101.861 15.474
201612 12.202 101.863 15.785
201703 12.184 102.862 15.609
201706 11.846 103.349 15.104
201709 11.338 104.136 14.347
201712 11.517 104.011 14.591
201803 10.973 105.290 13.733
201806 11.926 106.317 14.782
201809 12.111 106.507 14.984
201812 12.793 105.998 15.904
201903 13.185 107.251 16.200
201906 14.571 108.070 17.767
201909 15.287 108.329 18.596
201912 15.417 108.420 18.738
202003 15.461 108.902 18.709
202006 16.409 108.767 19.880
202009 16.195 109.815 19.434
202012 16.556 109.897 19.852
202103 17.120 111.754 20.187
202106 17.526 114.631 20.147
202109 18.855 115.734 21.468
202112 20.086 117.630 22.502
202203 19.672 121.301 21.371
202206 19.517 125.017 20.572
202209 20.050 125.227 21.099
202212 19.532 125.222 20.554
202303 20.014 127.348 20.710
202306 19.908 128.729 20.379
202309 19.984 129.860 20.279
202312 20.799 129.419 21.178
202403 20.910 131.776 20.910

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.


MVB Financial  (STU:MV6) 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.


MVB Financial Cyclically Adjusted PB Ratio Related Terms

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


MVB Financial (STU:MV6) Business Description

Traded in Other Exchanges
Address
301 Virginia Avenue, Fairmont, WV, USA, 26554
MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.

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