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Penns Woods Bancorp (Penns Woods Bancorp) Cyclically Adjusted PB Ratio : 0.70 (As of Apr. 27, 2024)


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What is Penns Woods Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Penns Woods Bancorp's current share price is $17.515. Penns Woods Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.20. Penns Woods Bancorp's Cyclically Adjusted PB Ratio for today is 0.70.

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

PWOD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.66   Max: 2.48
Current: 0.7

During the past years, Penns Woods Bancorp's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.70. And the median was 1.66.

PWOD's Cyclically Adjusted PB Ratio is ranked better than
67.66% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs PWOD: 0.70

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.

Penns Woods Bancorp's adjusted book value per share data for the three months ended in Dec. 2023 was $25.510. 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 $25.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penns Woods Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Penns Woods 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.

Penns Woods Bancorp Cyclically Adjusted PB Ratio Chart

Penns Woods 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 1.87 1.29 1.06 1.10 0.89

Penns Woods Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.10 0.94 1.00 0.84 0.89

Competitive Comparison of Penns Woods Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Penns Woods 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.


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

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

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



Penns Woods 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.515/25.2
=0.70

* 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.

Penns Woods Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Penns Woods Bancorp's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=25.51/129.4194*129.4194
=25.510

Current CPI (Dec. 2023) = 129.4194.

Penns Woods Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.300 99.695 23.756
201406 18.781 100.560 24.171
201409 18.990 100.428 24.472
201412 18.865 99.070 24.644
201503 19.045 99.621 24.742
201506 18.886 100.684 24.276
201509 19.027 100.392 24.529
201512 19.138 99.792 24.820
201603 19.390 100.470 24.977
201606 19.632 101.688 24.986
201609 19.706 101.861 25.037
201612 19.466 101.863 24.732
201703 19.586 102.862 24.643
201706 19.687 103.349 24.653
201709 19.859 104.136 24.681
201712 19.647 104.011 24.446
201803 19.633 105.290 24.132
201806 19.776 106.317 24.073
201809 19.973 106.507 24.270
201812 20.396 105.998 24.903
201903 20.890 107.251 25.208
201906 21.526 108.070 25.779
201909 22.031 108.329 26.320
201912 22.010 108.420 26.273
202003 22.235 108.902 26.424
202006 22.660 108.767 26.963
202009 23.047 109.815 27.161
202012 23.275 109.897 27.410
202103 23.248 111.754 26.923
202106 23.626 114.631 26.674
202109 23.844 115.734 26.663
202112 24.367 117.630 26.809
202203 23.808 121.301 25.401
202206 23.557 125.017 24.387
202209 23.322 125.227 24.103
202212 23.760 125.222 24.556
202303 24.642 127.348 25.043
202306 24.691 128.729 24.823
202309 24.548 129.860 24.465
202312 25.510 129.419 25.510

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.


Penns Woods Bancorp  (NAS:PWOD) 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.


Penns Woods Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Penns Woods Bancorp (Penns Woods Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
300 Market Street, P.O. Box 967, Williamsport, PA, USA, 17703-0967
Penns Woods Bancorp Inc is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. The Banks are engaged in commercial and retail banking which includes the acceptance of time, savings, and demand deposits, the funding of commercial, consumer, and mortgage loans, and safe deposit services. Utilizing a branch office network, ATMs, Internet, and telephone banking delivery channels, the Banks deliver their products and services to the communities residing in.
Executives
Charles E. Kranich director 1025 GREENBRIAR DRIVE, STATE COLLEGE PA 16801-6936
William Edwards director 885 SHADE HOLLOW ROAD, MILL HALL PA 17751
Cameron Kephart director 300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703
Daniel K. Brewer director 23 LONG VIEW DRIVE, BLOOMSBURG PA 17815
Richard A Grafmyre director, officer: President and CEO 115 SKYWARD DRIVE, DANVILLE PA 17821
Brian L Knepp officer: VP of Finance/Asst. Secretary ONE STRAWBERRY LANE, MIDDLEBURG PA 17842
Jack W. Jones officer: CBO 300 MARKET STREET, P. O. BOX 967, WILLIAMSPORT PA 17703
Robert Neher officer: President Luzerne Bank 300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703
Furey James M Ii director 299 LEHMAN DRIVE, COGAN STATION PA 17728
Nackley John G Sr director 559 LAKESIDE DRIVE, HARVEYS LAKE PA 18618
Joseph E Kluger director 1768 PENNS CROSSING, ALLENTOWN PA 18104
D Michael Hawbaker director 502 STONECLIFFE PLACE, PORT MATILDA PA 16870
Jill Fortinsky Schwartz director 857 NANDY DRIVE, KINGSTON PA 18704
Michelle M Karas officer: Chief Operating Officer C/O PENNS WOODS BANCORP, INC., 300 MARKET STREET, WILLIAMSPORT PA 17703
Robert Q. Miller director 534 MUNRO ROAD, MILL HALL PA 17751

Penns Woods Bancorp (Penns Woods Bancorp) Headlines