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PSB Holdings (PSB Holdings) Cyclically Adjusted PB Ratio : 0.92 (As of May. 16, 2024)


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What is PSB Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PSB Holdings's current share price is $20.25. PSB Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.94. PSB Holdings's Cyclically Adjusted PB Ratio for today is 0.92.

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

PSBQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.45   Max: 2.13
Current: 0.92

During the past years, PSB Holdings's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.91. And the median was 1.45.

PSBQ's Cyclically Adjusted PB Ratio is ranked better than
51.6% of 1186 companies
in the Banks industry
Industry Median: 0.935 vs PSBQ: 0.92

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.

PSB Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $24.885. 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 $21.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSB Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PSB Holdings'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.

PSB Holdings Cyclically Adjusted PB Ratio Chart

PSB Holdings 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 1.91 1.31 1.44 1.09 1.02

PSB Holdings 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 1.02 0.96 0.98 1.02 0.97

Competitive Comparison of PSB Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, PSB Holdings'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.


PSB Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



PSB Holdings 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.

PSB Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.25/21.94
=0.92

* 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.

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

For example, PSB Holdings'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)
=24.885/129.4194*129.4194
=24.885

Current CPI (Mar. 2024) = 129.4194.

PSB Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.917 100.560 15.337
201409 12.258 100.428 15.797
201412 12.562 99.070 16.410
201503 12.956 99.621 16.831
201506 13.050 100.684 16.775
201509 13.617 100.392 17.554
201512 13.766 99.792 17.853
201603 14.226 100.470 18.325
201606 14.572 101.688 18.546
201609 15.121 101.861 19.212
201612 15.085 101.863 19.166
201703 15.603 102.862 19.631
201706 15.982 103.349 20.014
201709 16.425 104.136 20.413
201712 16.318 104.011 20.304
201803 16.573 105.290 20.371
201806 16.930 106.317 20.609
201809 17.398 106.507 21.141
201812 18.013 105.998 21.993
201903 18.923 107.251 22.834
201906 19.440 108.070 23.281
201909 20.268 108.329 24.214
201912 20.749 108.420 24.768
202003 20.916 108.902 24.857
202006 22.001 108.767 26.178
202009 22.764 109.815 26.828
202012 23.455 109.897 27.622
202103 23.713 111.754 27.461
202106 24.240 114.631 27.367
202109 24.771 115.734 27.700
202112 25.057 117.630 27.568
202203 22.500 121.301 24.006
202206 21.772 125.017 22.539
202209 21.495 125.227 22.215
202212 22.047 125.222 22.786
202303 23.108 127.348 23.484
202306 23.324 128.729 23.449
202309 22.928 129.860 22.850
202312 24.512 129.419 24.512
202403 24.885 129.419 24.885

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.


PSB Holdings  (OTCPK:PSBQ) 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.


PSB Holdings Cyclically Adjusted PB Ratio Related Terms

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


PSB Holdings (PSB Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1905 Stewart Avenue, P.O. Box 1686, Wausau, WI, USA, 54402-1686
PSB Holdings Inc operates as a community bank and provides a full range of traditional retail consumer and commercial banking products, including uninsured investment and insurance products, long-term fixed-rate residential mortgages, and commercial treasury management services.
Executives
Lee A Guenther director 9165 DAVIES ROAD, MINOCQUA WI 54548-0050
Karla M Kieffer director 803 MCINDOE STREET, WAUSAU WI 54403
Kevin J Kraft director 3011 N 9TH STREET, WAUSAU WI 54403
Tim Sonnentag director 205 NORTH STREET, PO BOX 100, MARATHON WI 54448-0100
Peter William Knitt director, officer: President & CEO PO BOX 1686, WAUSAU WI 54402-1686
John H Sonnentag director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Charles A Ghidorzi director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Thomas R Polzer director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
William J Fish director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Patrick L Crooks director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Todd R Toppen officer: Vice President PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Scott M Cattanach officer: Treasurer PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Gordon P Connor director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
Gordon P Gullickson director PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686
David K Kopperud director, officer: President PEOPLES STATE BANK, PO BOX 1686, WAUSAU WI 54402-1686