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Guaranty Bancshares (Guaranty Bancshares) Cyclically Adjusted PS Ratio : 3.02 (As of May. 17, 2024)


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What is Guaranty Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Guaranty Bancshares's current share price is $30.01. Guaranty Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.94. Guaranty Bancshares's Cyclically Adjusted PS Ratio for today is 3.02.

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

GNTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.34   Med: 3.59   Max: 4.72
Current: 3.03

During the past years, Guaranty Bancshares's highest Cyclically Adjusted PS Ratio was 4.72. The lowest was 2.34. And the median was 3.59.

GNTY's Cyclically Adjusted PS Ratio is ranked worse than
66.53% of 1195 companies
in the Banks industry
Industry Median: 2.43 vs GNTY: 3.03

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.

Guaranty Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.435. 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 $9.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guaranty Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guaranty Bancshares'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.

Guaranty Bancshares Cyclically Adjusted PS Ratio Chart

Guaranty Bancshares Annual Data
Trend Dec04 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 3.71 3.27 4.13 3.60 3.43

Guaranty Bancshares 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 2.86 2.75 2.90 3.43 3.05

Competitive Comparison of Guaranty Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Guaranty Bancshares'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.


Guaranty Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Guaranty Bancshares 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.

Guaranty Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.01/9.94
=3.02

* 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.

Guaranty Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guaranty Bancshares's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.435/131.7762*131.7762
=2.435

Current CPI (Mar. 2024) = 131.7762.

Guaranty Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200403 1.782 79.066 2.970
200406 1.688 80.037 2.779
200409 1.821 80.121 2.995
200412 1.682 80.290 2.761
200503 1.797 81.555 2.904
200506 1.895 82.062 3.043
201512 0.000 99.792 0.000
201603 1.589 100.470 2.084
201606 1.634 101.688 2.117
201609 1.731 101.861 2.239
201612 1.686 101.863 2.181
201703 1.813 102.862 2.323
201706 1.647 103.349 2.100
201709 1.531 104.136 1.937
201712 1.495 104.011 1.894
201803 1.548 105.290 1.937
201806 1.619 106.317 2.007
201809 1.645 106.507 2.035
201812 1.666 105.998 2.071
201903 1.730 107.251 2.126
201906 1.813 108.070 2.211
201909 1.934 108.329 2.353
201912 1.863 108.420 2.264
202003 1.997 108.902 2.416
202006 2.283 108.767 2.766
202009 2.347 109.815 2.816
202012 2.032 109.897 2.437
202103 2.469 111.754 2.911
202106 2.353 114.631 2.705
202109 2.405 115.734 2.738
202112 2.607 117.630 2.921
202203 2.465 121.301 2.678
202206 2.666 125.017 2.810
202209 2.774 125.227 2.919
202212 2.725 125.222 2.868
202303 2.453 127.348 2.538
202306 2.708 128.729 2.772
202309 2.361 129.860 2.396
202312 2.404 129.419 2.448
202403 2.435 131.776 2.435

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.


Guaranty Bancshares  (NYSE:GNTY) 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.


Guaranty Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Guaranty Bancshares (Guaranty Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
16475 Dallas Parkway, Suite 600, Addison, TX, USA, 75001
Guaranty Bancshares Inc is a bank holding company conducting banking activities through its wholly-owned subsidiary. The company provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals. It also provides other services such as Credit cards, Personal Loans, Account Management, Business Checking, Treasury Management, Business savings, and other related services. The company generates its revenue from interest on loans and investments, customer service and loan fees, fees related to the sale of mortgage loans, and trust and wealth management services.
Executives
James S. Bunch director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Jeffrey W Brown director 1400 LAKE HEARN DR, ATLANTA GA 30319
Lisa S. Gallerano officer: VP and General Counsel 16475 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Shalene A. Jacobson officer: Senior VP & Chief Risk Officer 16475 DALLAS PKWY, SUITE 100, ADDISON TX 75001
Charles A. Cowell officer: Chm. & EVP-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Richard W. Baker director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Sondra Cunningham director P.O. BOX 1158, MT. PLEASANT TX 75455
William Travis Brown officer: Austin Area Chairman P.O. BOX 1158, MT. PLEASANT TX 75455
Tyson T Abston director, officer: Chairman and CEO 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Molly Curl director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Martin C Bell officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Randall R. Kucera officer: VP and General Counsel 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Robert P. Sharp officer: EVP - Guaranty Bank & Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
William D. Priefert director 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455
Daniel J. Muskrat officer: EVP & CIO-Guaranty Bank&Trust 201 SOUTH JEFFERSON AVENUE, MOUNT PLEASANT TX 75455