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CVB Financial (CVB Financial) Cyclically Adjusted PS Ratio : 4.34 (As of Apr. 30, 2024)


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What is CVB Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-30), CVB Financial's current share price is $16.46. CVB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.79. CVB Financial's Cyclically Adjusted PS Ratio for today is 4.34.

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

CVBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 6.44   Max: 8.4
Current: 4.35

During the past years, CVB Financial's highest Cyclically Adjusted PS Ratio was 8.40. The lowest was 3.04. And the median was 6.44.

CVBF's Cyclically Adjusted PS Ratio is ranked worse than
82.42% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs CVBF: 4.35

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.

CVB Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.007. 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 $3.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVB Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CVB Financial'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.

CVB Financial Cyclically Adjusted PS Ratio Chart

CVB Financial 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 7.24 6.46 6.54 7.21 5.33

CVB Financial 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 4.56 3.57 4.39 5.33 -

Competitive Comparison of CVB Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, CVB Financial'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.


CVB Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



CVB Financial 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.

CVB Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.46/3.79
=4.34

* 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.

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

For example, CVB Financial'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)
=1.007/129.4194*129.4194
=1.007

Current CPI (Dec. 2023) = 129.4194.

CVB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.644 99.695 0.836
201406 0.606 100.560 0.780
201409 0.656 100.428 0.845
201412 0.674 99.070 0.880
201503 0.649 99.621 0.843
201506 0.670 100.684 0.861
201509 0.699 100.392 0.901
201512 0.677 99.792 0.878
201603 0.663 100.470 0.854
201606 0.689 101.688 0.877
201609 0.661 101.861 0.840
201612 0.683 101.863 0.868
201703 0.680 102.862 0.856
201706 0.738 103.349 0.924
201709 0.743 104.136 0.923
201712 0.730 104.011 0.908
201803 0.755 105.290 0.928
201806 0.747 106.317 0.909
201809 0.811 106.507 0.985
201812 0.884 105.998 1.079
201903 0.865 107.251 1.044
201906 0.883 108.070 1.057
201909 0.858 108.329 1.025
201912 0.854 108.420 1.019
202003 0.816 108.902 0.970
202006 0.864 108.767 1.028
202009 0.848 109.815 0.999
202012 0.885 109.897 1.042
202103 0.863 111.754 0.999
202106 0.855 114.631 0.965
202109 0.838 115.734 0.937
202112 0.854 117.630 0.940
202203 0.853 121.301 0.910
202206 0.955 125.017 0.989
202209 1.038 125.227 1.073
202212 1.081 125.222 1.117
202303 0.998 127.348 1.014
202306 0.954 128.729 0.959
202309 0.992 129.860 0.989
202312 1.007 129.419 1.007

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.


CVB Financial  (NAS:CVBF) 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.


CVB Financial Cyclically Adjusted PS Ratio Related Terms

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


CVB Financial (CVB Financial) Business Description

Traded in Other Exchanges
Address
701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764
CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services through approximately 58 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.
Executives
Borba George A Jr director 701 N HAVEN AVE, ONTARIO CA 91764
Richard H Wohl officer: EVP & General Counsel 888 EAST WALNUT ST., PASADENA CA 91101
Yamynn Deangelis officer: EVP Chief Risk Officer 701 N. HAVEN AVE., ONTARIO CA 91764
David F Farnsworth officer: EVP & CCO 701 N. HAVEN AVE., ONTARIO CA 91764
Anna Kan director 701 N. HAVEN AVE., ONTARIO CA 91764
Kimberly H. Sheehy director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Jane Olvera director 701 N HAVEN AVE, ONTARIO CA 91764
O Brien Raymond V Iii director 701 N HAVEN AVENUE, ONTARIO CA 91764
Del Guercio Stephen A director 701 N HAVEN AVE, ONTARIO CA 91764
Hal W Oswalt director 701 N HAVEN AVE, ONTARIO CA 91764
David C Harvey officer: EVP Chief Operations Officer 701 N. HAVEN AVENUE #350, ONTARIO CA 91764
E Allen Nicholson officer: EVP & CFO 701 N. HAVEN AVE., ONTARIO CA 91764
David A. Brager officer: EVP Sales Division Manager 701 N. HAVEN AVE. #350, ONTARIO CA 91764
Kristina M Leslie director DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Francene Lapoint officer: SVP Chief Accounting Officer 1551 NORTH TUSTIN AVENUE, SUITE 300, SANTA ANA CA 92705

CVB Financial (CVB Financial) Headlines