GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kings Town Bank (TPE:2809) » Definitions » Cyclically Adjusted PB Ratio

Kings Town Bank (TPE:2809) Cyclically Adjusted PB Ratio : 1.22 (As of Jun. 27, 2025)


View and export this data going back to 1983. Start your Free Trial

What is Kings Town Bank Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Kings Town Bank's current share price is NT$52.10. Kings Town Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$42.78. Kings Town Bank's Cyclically Adjusted PB Ratio for today is 1.22.

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

TPE:2809' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.26   Max: 1.7
Current: 1.21

During the past years, Kings Town Bank's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.84. And the median was 1.26.

TPE:2809's Cyclically Adjusted PB Ratio is ranked worse than
61.14% of 1284 companies
in the Banks industry
Industry Median: 1.03 vs TPE:2809: 1.21

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.

Kings Town Bank's adjusted book value per share data for the three months ended in Mar. 2025 was NT$50.181. 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 NT$42.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kings Town Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kings Town Bank'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.

Kings Town Bank Cyclically Adjusted PB Ratio Chart

Kings Town Bank 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 1.41 1.26 0.94 1.03 1.21

Kings Town Bank 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 1.29 1.50 1.36 1.21 1.15

Competitive Comparison of Kings Town Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kings Town Bank'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.


Kings Town Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Kings Town Bank 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.

Kings Town Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.10/42.78
=1.22

* 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.

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

For example, Kings Town Bank'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)
=50.181/134.9266*134.9266
=50.181

Current CPI (Mar. 2025) = 134.9266.

Kings Town Bank Quarterly Data

Book Value per Share CPI Adj_Book
201506 23.615 100.684 31.646
201509 23.312 100.392 31.331
201512 24.524 99.792 33.158
201603 25.841 100.470 34.703
201606 26.849 101.688 35.625
201609 28.496 101.861 37.746
201612 28.616 101.863 37.905
201703 30.006 102.862 39.360
201706 30.061 103.349 39.246
201709 31.941 104.136 41.385
201712 32.245 104.011 41.829
201803 32.934 105.290 42.204
201806 31.561 106.317 40.054
201809 32.684 106.507 41.405
201812 30.830 105.998 39.244
201903 34.330 107.251 43.189
201906 32.633 108.070 40.743
201909 34.571 108.329 43.059
201912 36.279 108.420 45.148
202003 32.472 108.902 40.232
202006 36.198 108.767 44.904
202009 38.267 109.815 47.018
202012 41.656 109.897 51.143
202103 42.893 111.754 51.787
202106 42.547 114.631 50.080
202109 43.981 115.734 51.274
202112 43.713 117.630 50.141
202203 41.775 121.301 46.468
202206 37.383 125.017 40.346
202209 35.815 125.227 38.589
202212 38.171 125.222 41.129
202303 39.690 127.348 42.052
202306 40.656 128.729 42.613
202309 41.763 129.860 43.393
202312 45.098 129.419 47.017
202403 47.224 131.776 48.353
202406 45.588 132.554 46.404
202409 48.624 133.029 49.318
202412 49.158 133.157 49.811
202503 50.181 134.927 50.181

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.


Kings Town Bank  (TPE:2809) 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.


Kings Town Bank Cyclically Adjusted PB Ratio Related Terms

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


Kings Town Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 506, Ximen Road, Section 1, West Central District, Tainan, TWN
Kings Town Bank provides banking products and services to its customers in Taiwan. The company's main business services are accepting check deposits, accepting other deposits, issuing financial bonds, handling loans, handling bill discounts, handling various investment businesses, handling domestic and foreign exchange, handling draft acceptance, issuing domestic and foreign letters of credit, handling domestic and foreign guarantees, handling collections and advances, and other business chartered by the government.

Kings Town Bank Headlines

No Headlines