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Columbia Banking System (Columbia Banking System) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Columbia Banking System Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Banking System Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Columbia Banking System'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.

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Columbia Banking System Cyclically Adjusted PB Ratio Chart

Columbia Banking System Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Columbia Banking System Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Columbia Banking System's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Cyclically Adjusted PB Ratio falls into.



Columbia Banking System 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.

Columbia Banking System's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Columbia Banking System's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=28.141/125.2218*125.2218
=28.141

Current CPI (Dec. 2022) = 125.2218.

Columbia Banking System Quarterly Data

Book Value per Share CPI Adj_Book
201303 4.701 98.209 5.994
201306 20.073 98.518 25.514
201309 20.354 98.790 25.800
201312 20.502 98.326 26.110
201403 20.385 99.695 25.605
201406 20.707 100.560 25.785
201409 20.779 100.428 25.909
201412 21.344 99.070 26.978
201503 21.529 99.621 27.062
201506 21.383 100.684 26.594
201509 21.686 100.392 27.050
201512 21.480 99.792 26.954
201603 21.697 100.470 27.042
201606 21.926 101.688 27.000
201609 21.958 101.861 26.994
201612 21.515 101.863 26.449
201703 21.865 102.862 26.618
201706 22.232 103.349 26.937
201709 22.756 104.136 27.364
201712 26.704 104.011 32.150
201803 26.596 105.290 31.631
201806 26.826 106.317 31.596
201809 27.046 106.507 31.798
201812 27.764 105.998 32.799
201903 28.391 107.251 33.148
201906 29.258 108.070 33.902
201909 29.902 108.329 34.565
201912 29.948 108.420 34.589
202003 30.927 108.902 35.562
202006 31.804 108.767 36.615
202009 32.145 109.815 36.655
202012 32.789 109.897 37.361
202103 31.713 111.754 35.535
202106 32.523 114.631 35.528
202109 32.376 115.734 35.030
202112 32.973 117.630 35.101
202203 30.019 121.301 30.989
202206 28.532 125.017 28.579
202209 26.898 125.227 26.897
202212 28.141 125.222 28.141

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.


Columbia Banking System  (NAS:COLB) 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.


Columbia Banking System Cyclically Adjusted PB Ratio Related Terms

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


Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company. The company operates through its wholly-owned banking subsidiary, Columbia State Bank. The company provides a full range of banking services to small and midsize businesses, professionals, and individuals throughout Washington, Oregon, and Idaho. The bank has historically grown through a combination of organic growth and acquisitions. The bank's strategy s to provide our customers with the financial sophistication and product depth of a regional banking company. Its loan portfolio is diversified but primarily concentrated in commercial real estate and commercial business loans. A majority of the bank's net revenue is net interest income.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
Aaron James Deer officer: EVP Chief Financial Officer 1301 A STREET, TACOMA WA 98402