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German American Bancorp (German American Bancorp) Cyclically Adjusted PS Ratio : 3.93 (As of Apr. 30, 2024)


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What is German American Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-30), German American Bancorp's current share price is $31.74. German American Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.07. German American Bancorp's Cyclically Adjusted PS Ratio for today is 3.93.

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

GABC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.23   Med: 5.07   Max: 7.94
Current: 3.97

During the past years, German American Bancorp's highest Cyclically Adjusted PS Ratio was 7.94. The lowest was 3.23. And the median was 5.07.

GABC's Cyclically Adjusted PS Ratio is ranked worse than
79.06% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs GABC: 3.97

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.

German American Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.069. 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 $8.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


German American Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for German American 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.

German American Bancorp Cyclically Adjusted PS Ratio Chart

German American 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 6.21 5.39 5.68 4.91 4.02

German American 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 4.29 3.43 3.37 4.02 -

Competitive Comparison of German American Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, German American 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.


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

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

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



German American 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.74/8.07
=3.93

* 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.

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

For example, German American 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)
=2.069/129.4194*129.4194
=2.069

Current CPI (Dec. 2023) = 129.4194.

German American Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.236 99.695 1.605
201406 1.200 100.560 1.544
201409 1.271 100.428 1.638
201412 1.247 99.070 1.629
201503 1.294 99.621 1.681
201506 1.248 100.684 1.604
201509 1.337 100.392 1.724
201512 1.299 99.792 1.685
201603 1.340 100.470 1.726
201606 1.430 101.688 1.820
201609 1.439 101.861 1.828
201612 1.452 101.863 1.845
201703 1.437 102.862 1.808
201706 1.422 103.349 1.781
201709 1.448 104.136 1.800
201712 1.441 104.011 1.793
201803 1.530 105.290 1.881
201806 1.583 106.317 1.927
201809 1.633 106.507 1.984
201812 1.733 105.998 2.116
201903 1.812 107.251 2.187
201906 1.767 108.070 2.116
201909 1.900 108.329 2.270
201912 1.901 108.420 2.269
202003 1.888 108.902 2.244
202006 1.920 108.767 2.285
202009 1.950 109.815 2.298
202012 2.145 109.897 2.526
202103 2.036 111.754 2.358
202106 2.026 114.631 2.287
202109 2.141 115.734 2.394
202112 2.098 117.630 2.308
202203 2.146 121.301 2.290
202206 2.197 125.017 2.274
202209 2.232 125.227 2.307
202212 2.240 125.222 2.315
202303 2.168 127.348 2.203
202306 2.136 128.729 2.147
202309 2.109 129.860 2.102
202312 2.069 129.419 2.069

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.


German American Bancorp  (NAS:GABC) 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.


German American Bancorp Cyclically Adjusted PS Ratio Related Terms

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


German American Bancorp (German American Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The Company's lines of business include 1) Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. 2) Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. 3) Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.
Executives
Thomas W Seger director 711 MAIN ST, JASPER IN 47546
Jack Sheidler director 1065 ASHLEY STREET, SUITE 200, BOWLING GREEN KY 42130
Susan J Ellspermann director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Zachary W Bawel director 711 MAIN STREET BOX 810, JASPER IN 47546
Christina M Ryan director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Bradley C Arnett officer: SVP, CHIEF LEGAL OFFICER 711 MAIN ST, JASPER IN 47546
Diane B Medley director 711 MAIN ST, PO BOX 810, JASPER IN 47546
Jason M Kelly director 711 MAIN ST, JASPER IN 47546
Tyson J Wagler director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Chris A Ramsey director 706 JEFFERSON STREET, TELL CITY IN 47586
Michael F Beckwith officer: EVP - Chief Banking Officer 711 MAIN ST, JASPER IN 47546
Angela Curry director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Marc D Fine director 830 WINDSOR WOODS DRIVE, EVANSVILLE IN 47715
Mark A Schroeder director, officer: PRESIDENT / CEO LEGRE & BARNES, 9100 KEYSTONE CROSSING SUITE 800, INDIANAPOLIS IN 46240
Amy D Jackson officer: EVP, Chief Administrative Offi 711 MAIN ST, JASPER IN 47546