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Brookline Bancorp (Brookline Bancorp) Cyclically Adjusted PS Ratio : 1.98 (As of Apr. 30, 2024)


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What is Brookline Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Brookline Bancorp's current share price is $8.30. Brookline Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.19. Brookline Bancorp's Cyclically Adjusted PS Ratio for today is 1.98.

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

BRKL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 4.93   Max: 7.1
Current: 1.99

During the past years, Brookline Bancorp's highest Cyclically Adjusted PS Ratio was 7.10. The lowest was 1.86. And the median was 4.93.

BRKL's Cyclically Adjusted PS Ratio is ranked better than
61.23% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs BRKL: 1.99

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.

Brookline Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.029. 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 $4.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookline Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookline Bancorp'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.

Brookline Bancorp Cyclically Adjusted PS Ratio Chart

Brookline Bancorp 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 5.31 3.65 4.38 3.54 2.60

Brookline Bancorp 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 2.57 2.11 2.17 2.60 -

Competitive Comparison of Brookline Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Brookline Bancorp'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.


Brookline Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Brookline Bancorp's Cyclically Adjusted PS Ratio falls into.



Brookline Bancorp 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.

Brookline Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.30/4.19
=1.98

* 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.

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

For example, Brookline Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.029/129.4194*129.4194
=1.029

Current CPI (Dec. 2023) = 129.4194.

Brookline Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.741 99.695 0.962
201406 0.718 100.560 0.924
201409 0.764 100.428 0.985
201412 0.743 99.070 0.971
201503 0.755 99.621 0.981
201506 0.741 100.684 0.952
201509 0.760 100.392 0.980
201512 0.798 99.792 1.035
201603 0.791 100.470 1.019
201606 0.790 101.688 1.005
201609 0.819 101.861 1.041
201612 0.812 101.863 1.032
201703 0.974 102.862 1.225
201706 0.803 103.349 1.006
201709 0.818 104.136 1.017
201712 0.825 104.011 1.027
201803 0.840 105.290 1.033
201806 0.848 106.317 1.032
201809 0.862 106.507 1.047
201812 0.866 105.998 1.057
201903 0.872 107.251 1.052
201906 0.884 108.070 1.059
201909 0.891 108.329 1.064
201912 0.898 108.420 1.072
202003 0.892 108.902 1.060
202006 0.893 108.767 1.063
202009 0.896 109.815 1.056
202012 0.921 109.897 1.085
202103 0.943 111.754 1.092
202106 0.981 114.631 1.108
202109 0.975 115.734 1.090
202112 1.055 117.630 1.161
202203 0.967 121.301 1.032
202206 1.017 125.017 1.053
202209 1.102 125.227 1.139
202212 1.155 125.222 1.194
202303 1.140 127.348 1.159
202306 1.027 128.729 1.033
202309 1.006 129.860 1.003
202312 1.029 129.419 1.029

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.


Brookline Bancorp  (NAS:BRKL) 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.


Brookline Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Brookline Bancorp (Brookline Bancorp) Business Description

Traded in Other Exchanges
Address
131 Clarendon Street, Boston, MA, USA, 02116
Brookline Bancorp Inc operates as a multi-bank holding company. It offers commercial, business and retail banking services, including a full complement of cash management products, online banking services, consumer and residential loans.
Executives
John A Hackett director 131 CLARENDON STREET, BOSTON MA 02116
Hill Willard I Jr director 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Michael P Goldrick officer: CEO PCSB Bank 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Carl M Carlson officer: Chief Financial Officer 131 CLARENDON STREET, BOSTON MA 02116
Bogdan Nowak director 131 CLARENDON STREET, BOSTON MA 02116
David C Chapin director 131 CLARENDON STREET, BOSTON MA 02116
Margaret Boles Fitzgerald director 131 CLARENDON STREET, BOSTON MA 02116
Doyle John J Jr director 131 CLARENDON STREET, BOSTON MA 02116
William C Tsonos officer: CEO Bank Rhode Island 131 CLARENDON STREET, BOSTON MA 02116
Charles H Peck director 131 CLARENDON STREET, BOSTON MA 02116
Michael W. Mccurdy officer: CRO and General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Marissa S. Martin officer: General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Darryl J. Fess officer: CEO, Brookline Bank 131 CLARENDON STREET, BOSTON MA 02116
James M Cosman officer: Director of Operations 131 CLARENDON STREET, BOSTON MA 02116
Janytra M Brooks officer: Chief Human Resources Officer 131 CLARENDON STREET, BOSTON MA 02116