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Columbia Banking System (Columbia Banking System) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Columbia Banking System Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Banking System Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Columbia Banking System'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.

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Columbia Banking System Cyclically Adjusted PS Ratio Chart

Columbia Banking System Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Columbia Banking System Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Columbia Banking System's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Cyclically Adjusted PS Ratio falls into.



Columbia Banking System 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.

Columbia Banking System's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Columbia Banking System's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=2.425/125.2218*125.2218
=2.425

Current CPI (Dec. 2022) = 125.2218.

Columbia Banking System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 1.401 98.209 1.786
201306 1.665 98.518 2.116
201309 1.683 98.790 2.133
201312 1.677 98.326 2.136
201403 1.677 99.695 2.106
201406 1.710 100.560 2.129
201409 1.755 100.428 2.188
201412 1.627 99.070 2.056
201503 1.788 99.621 2.247
201506 1.776 100.684 2.209
201509 1.804 100.392 2.250
201512 1.932 99.792 2.424
201603 1.748 100.470 2.179
201606 1.801 101.688 2.218
201609 1.878 101.861 2.309
201612 1.947 101.863 2.393
201703 1.943 102.862 2.365
201706 1.917 103.349 2.323
201709 1.945 104.136 2.339
201712 1.933 104.011 2.327
201803 1.917 105.290 2.280
201806 1.939 106.317 2.284
201809 1.986 106.507 2.335
201812 1.992 105.998 2.353
201903 1.968 107.251 2.298
201906 2.081 108.070 2.411
201909 2.096 108.329 2.423
201912 2.055 108.420 2.373
202003 2.015 108.902 2.317
202006 2.250 108.767 2.590
202009 2.080 109.815 2.372
202012 2.185 109.897 2.490
202103 2.069 111.754 2.318
202106 2.082 114.631 2.274
202109 2.198 115.734 2.378
202112 2.176 117.630 2.316
202203 2.182 121.301 2.253
202206 2.208 125.017 2.212
202209 2.417 125.227 2.417
202212 2.425 125.222 2.425

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.


Columbia Banking System  (NAS:COLB) 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.


Columbia Banking System Cyclically Adjusted PS Ratio Related Terms

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Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company. The company operates through its wholly-owned banking subsidiary, Columbia State Bank. The company provides a full range of banking services to small and midsize businesses, professionals, and individuals throughout Washington, Oregon, and Idaho. The bank has historically grown through a combination of organic growth and acquisitions. The bank's strategy s to provide our customers with the financial sophistication and product depth of a regional banking company. Its loan portfolio is diversified but primarily concentrated in commercial real estate and commercial business loans. A majority of the bank's net revenue is net interest income.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
Aaron James Deer officer: EVP Chief Financial Officer 1301 A STREET, TACOMA WA 98402