TDCB (Third Century Bancorp) Owner Earnings per Share (TTM): (As of Jun. 2026)

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TDCB Third Century Bancorp TDCB
41 GF Score
Price $18.00
GF Value $9.84
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Third Century Bancorp Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Third Century Bancorp does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Third Century Bancorp's Owner Earnings per Share (TTM) or its related term are showing as below:

TDCB' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.89   Med: 11.24   Max: 130.14
Current: 17.73


During the past 10 years, the highest Price-to-Owner-Earnings ratio of Third Century Bancorp was 130.14. The lowest was 3.89. And the median was 11.24.


TDCB's Price-to-Owner-Earnings is ranked worse than
80.12% of 1031 companies
in the Banks industry
Industry Median: 10.54 vs TDCB: 17.73

Third Century Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2025 was $0.47. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.01. It's PE Ratio (TTM) ratio for today is 8.94.

Third Century Bancorp's EPS without NRI for the three months ended in Dec. 2025 was $0.47. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was $2.01. It's PE Ratio without NRI ratio for today is 8.95.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Third Century Bancorp Owner Earnings per Share (TTM) Related Terms


Third Century Bancorp Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Third Century Bancorp's Owner Earnings per Share (TTM) 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.

Third Century Bancorp Owner Earnings per Share (TTM) Chart

Third Century Bancorp Annual Data
Trend Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.58 0.65

Third Century Bancorp Quarterly Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25 Jun26
Owner Earnings per Share (TTM) 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 0.00 0.00 0.00 0.00 0.00

TDCB vs UNIF, UNTN, GOVB: Owner Earnings per Share (TTM) Comparison

For the Banks - Regional subindustry, Third Century Bancorp's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Third Century Bancorp Price-to-Owner-Earnings vs Banks Industry

For the Banks industry and Financial Services sector, Third Century Bancorp's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Third Century Bancorp's Price-to-Owner-Earnings falls into.


TDCB
41GF Score
Third Century Bancorp TDCB
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Third Century Bancorp Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Third Century Bancorp does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is Third Century Bancorp (TDCB) Overvalued in 2026?

Based on GuruFocus' analysis, Third Century Bancorp stock appears to be overvalued. The current stock price of $18.00 is trading 82.9% above its estimated GF Value™ of $9.84. GuruFocus considers Third Century Bancorp to be Significantly Overvalued.

Key valuation signals for TDCB:

  • Owner Earnings per Share (TTM):
  • GF Value™: $9.84 vs. price of $18.00 (82.9% above fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the TDCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Third Century Bancorp Business Description

Address 80 East Jefferson Street, Franklin, IN, USA, 46131
Third Century Bancorp operates as a holding company. It provides banking and financial services to individual and corporate customers. The bank offers a variety of deposit products, loans, mortgages, residential, commercial and consumer lending products. It also offers a full suite of deposit products, including savings, checking, money market accounts, as well as term deposits in the form of CDs and IRAs. The Bank also offers and supports a full line of digital banking products.
41GF Score

Get the complete analysis for TDCB

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.00
Price
$9.84
GF Value