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VTYB (Victory Bancorp) Cyclically Adjusted PB Ratio : 1.05 (As of May. 30, 2025)


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What is Victory Bancorp Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Victory Bancorp's current share price is $11.25. Victory Bancorp's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $10.68. Victory Bancorp's Cyclically Adjusted PB Ratio for today is 1.05.

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

VTYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.06   Max: 1.1
Current: 1.05

During the past 10 years, Victory Bancorp's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.99. And the median was 1.06.

VTYB's Cyclically Adjusted PB Ratio is ranked worse than
52.5% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs VTYB: 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.

Victory Bancorp's adjusted book value per share data of for the fiscal year that ended in Dec23 was $14.180. 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 $10.68 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Victory Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Victory 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.

* Premium members only.

Victory Bancorp Cyclically Adjusted PB Ratio Chart

Victory Bancorp 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 - - - - 1.06

Victory Bancorp Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1.06 - - -

Competitive Comparison of Victory Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Victory 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.


Victory Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Victory 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.

Victory Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.25/10.68
=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.

Victory Bancorp's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Victory Bancorp's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.18/129.4194*129.4194
=14.180

Current CPI (Dec23) = 129.4194.

Victory Bancorp Annual Data

Book Value per Share CPI Adj_Book
201412 3.751 99.070 4.900
201512 4.146 99.792 5.377
201612 6.189 101.863 7.863
201712 8.142 104.011 10.131
201812 9.036 105.998 11.033
201912 10.143 108.420 12.108
202012 11.293 109.897 13.299
202112 12.918 117.630 14.213
202212 13.292 125.222 13.738
202312 14.180 129.419 14.180

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.


Victory Bancorp  (OTCPK:VTYB) 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.


Victory Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Victory Bancorp Business Description

Traded in Other Exchanges
N/A
Address
548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468
Victory Bancorp Inc is a Pennsylvania chartered commercial bank. The bank operates a full-service commercial and consumer banking business in Montgomery County, Pennsylvania. Its focus is on small and middle market commercial and retail customers. It originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans. The bank also offers revolving credit loans, small business loans and automobile loans. The bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.

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