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Bimini Capital Management (Bimini Capital Management) Cyclically Adjusted PS Ratio : 0.75 (As of Jun. 05, 2024)


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What is Bimini Capital Management Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Bimini Capital Management's current share price is $0.73. Bimini Capital Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.97. Bimini Capital Management's Cyclically Adjusted PS Ratio for today is 0.75.

The historical rank and industry rank for Bimini Capital Management's Cyclically Adjusted PS Ratio or its related term are showing as below:

BMNM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.29   Max: 2.95
Current: 0.76

During the past years, Bimini Capital Management's highest Cyclically Adjusted PS Ratio was 2.95. The lowest was 0.04. And the median was 1.29.

BMNM's Cyclically Adjusted PS Ratio is ranked better than
90.49% of 873 companies
in the Asset Management industry
Industry Median: 7.69 vs BMNM: 0.76

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bimini Capital Management's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.363. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bimini Capital Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bimini Capital Management's Cyclically Adjusted PS 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.

Bimini Capital Management Cyclically Adjusted PS Ratio Chart

Bimini Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.41 2.58 1.14 0.74

Bimini Capital Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.92 1.06 0.93 0.74 0.76

Competitive Comparison of Bimini Capital Management's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Bimini Capital Management's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Bimini Capital Management's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bimini Capital Management's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bimini Capital Management's Cyclically Adjusted PS Ratio falls into.



Bimini Capital Management Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Bimini Capital Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.73/0.97
=0.75

* 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.

Bimini Capital Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bimini Capital Management's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.363/131.7762*131.7762
=0.363

Current CPI (Mar. 2024) = 131.7762.

Bimini Capital Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.232 100.560 1.614
201409 0.717 100.428 0.941
201412 0.543 99.070 0.722
201503 0.321 99.621 0.425
201506 0.047 100.684 0.062
201509 -0.081 100.392 -0.106
201512 0.233 99.792 0.308
201603 0.164 100.470 0.215
201606 0.186 101.688 0.241
201609 0.312 101.861 0.404
201612 0.146 101.863 0.189
201703 0.099 102.862 0.127
201706 0.197 103.349 0.251
201709 0.316 104.136 0.400
201712 0.122 104.011 0.155
201803 -0.206 105.290 -0.258
201806 0.153 106.317 0.190
201809 0.211 106.507 0.261
201812 -0.097 105.998 -0.121
201903 0.299 107.251 0.367
201906 0.074 108.070 0.090
201909 0.172 108.329 0.209
201912 0.288 108.420 0.350
202003 -1.136 108.902 -1.375
202006 0.553 108.767 0.670
202009 0.306 109.815 0.367
202012 0.301 109.897 0.361
202103 0.302 111.754 0.356
202106 0.030 114.631 0.034
202109 0.210 115.734 0.239
202112 0.176 117.630 0.197
202203 -0.251 121.301 -0.273
202206 0.079 125.017 0.083
202209 -0.166 125.227 -0.175
202212 0.580 125.222 0.610
202303 0.365 127.348 0.378
202306 0.259 128.729 0.265
202309 0.061 129.860 0.062
202312 0.456 129.419 0.464
202403 0.363 131.776 0.363

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Bimini Capital Management  (OTCPK:BMNM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Bimini Capital Management Cyclically Adjusted PS Ratio Related Terms

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


Bimini Capital Management (Bimini Capital Management) Business Description

Traded in Other Exchanges
N/A
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
Bimini Capital Management Inc is a specialty finance company that operates in two reportable segments, The asset management segment includes the investment advisory services provided by Bimini Advisors to Orchid and Royal Palm. The investment portfolio segment includes the investment activities conducted by Royal Palm. The investment portfolio segment receives revenue in the form of interest and dividend income on its investments.
Executives
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Robert E Cauley director, officer: Secretary/Chief Fin. Officer C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Haas G Hunter Iv officer: EVP, CIO, Interim CFO & Treas C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
J Christopher Clifton officer: EVP, GC, CCO & Sec C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Jason Kaplan director, officer: Senior Exec. Vice President C/O OPTEUM FINANCIAL SERVICES, LLC, W115 CENTURY ROAD, PARAMUS NJ 07652
Peter R Norden director C/O OPTEUM FINANCIAL SERVICES, W115 CENTURY ROAD, PARAMUS NJ 07652
Amber K Luedke officer: Treasurer C/O BIMINI MORTGAGE MANAGEMENT INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Pres./CEO 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Kevin L Bespolka director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
W Christopher Mortenson director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Burford H Ortale director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Maureen A Hendricks director C/O MILLIPORE CORP, BEDFORD MA 01730

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