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Glacier Bancorp (Glacier Bancorp) Cyclically Adjusted PS Ratio : 4.82 (As of Apr. 29, 2024)


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What is Glacier Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Glacier Bancorp's current share price is $37.06. Glacier Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.69. Glacier Bancorp's Cyclically Adjusted PS Ratio for today is 4.82.

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

GBCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.68   Med: 6.45   Max: 11.27
Current: 4.83

During the past years, Glacier Bancorp's highest Cyclically Adjusted PS Ratio was 11.27. The lowest was 3.68. And the median was 6.45.

GBCI's Cyclically Adjusted PS Ratio is ranked worse than
85.53% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs GBCI: 4.83

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.

Glacier Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.724. 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 $7.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glacier Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glacier 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.

Glacier Bancorp Cyclically Adjusted PS Ratio Chart

Glacier 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 8.25 7.79 8.59 6.77 5.38

Glacier 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 5.62 4.10 3.71 5.38 -

Competitive Comparison of Glacier Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Glacier 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.


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

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

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



Glacier 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.06/7.69
=4.82

* 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.

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

For example, Glacier 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)
=1.724/129.4194*129.4194
=1.724

Current CPI (Dec. 2023) = 129.4194.

Glacier Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.135 99.695 1.473
201406 1.175 100.560 1.512
201409 1.223 100.428 1.576
201412 1.202 99.070 1.570
201503 1.204 99.621 1.564
201506 1.244 100.684 1.599
201509 1.275 100.392 1.644
201512 1.292 99.792 1.676
201603 1.287 100.470 1.658
201606 1.338 101.688 1.703
201609 1.350 101.861 1.715
201612 1.380 101.863 1.753
201703 1.344 102.862 1.691
201706 1.431 103.349 1.792
201709 1.497 104.136 1.860
201712 1.466 104.011 1.824
201803 1.467 105.290 1.803
201806 1.631 106.317 1.985
201809 1.707 106.507 2.074
201812 1.687 105.998 2.060
201903 1.660 107.251 2.003
201906 1.726 108.070 2.067
201909 1.747 108.329 2.087
201912 1.775 108.420 2.119
202003 1.775 108.902 2.109
202006 1.961 108.767 2.333
202009 2.116 109.815 2.494
202012 2.179 109.897 2.566
202103 2.030 111.754 2.351
202106 1.970 114.631 2.224
202109 2.033 115.734 2.273
202112 1.963 117.630 2.160
202203 1.945 121.301 2.075
202206 1.963 125.017 2.032
202209 2.087 125.227 2.157
202212 2.054 125.222 2.123
202303 1.889 127.348 1.920
202306 1.772 128.729 1.782
202309 1.734 129.860 1.728
202312 1.724 129.419 1.724

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.


Glacier Bancorp  (NYSE:GBCI) 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.


Glacier Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Glacier Bancorp (Glacier Bancorp) Business Description

Traded in Other Exchanges
Address
49 Commons Loop, Kalispell, MT, USA, 59901-2679
Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.
Executives
Don J. Chery officer: EXECUTIVE VICE PRESIDENT/CAO 49 COMMONS LOOP, KALISPELL MT 59901
Randall M Chesler officer: Glacier Bank President 49 COMMONS LOOP, KALISPELL MT 59901
Craig A Langel director 3819 STEPHENS AVENUE, MISSOULA MT 59801
Ron J Copher officer: EXECUTIVE VICE PRESIDENT/CFO
Jesus Thomas Espinoza director 49 COMMONS LOOP, KALISPELL MT 59901
David C Boyles director 49 COMMONS LOOP, KALISPELL MT 59901
Kristen Lee Heck director 49 COMMONS LOOP, KALISPELL MT 59901
Michael Burke Hormaechea director 49 COMMONS LOOP, KALISPELL MT 59901
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Sherry Leigh Cladouhos director 49 COMMONS LOOP, KALISPELL MT 59901
John W Murdoch director 217 RIDGE TRAIL, BOZEMAN MT 59715
James M English director P.O. BOX 2875, HAYDEN ID 83835
Michael J Blodnick director, officer: PRESIDENT/CEO
George R Sutton director 49 COMMONS LOOP, KALISPELL MT 59901
Douglas J Mcbride director 49 COMMONS LOOP, KALISPELL MT 59901