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Home Bancorp (Home Bancorp) Cyclically Adjusted PS Ratio : 2.50 (As of Apr. 30, 2024)


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What is Home Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Home Bancorp's current share price is $35.00. Home Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.99. Home Bancorp's Cyclically Adjusted PS Ratio for today is 2.50.

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

HBCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 3.7   Max: 6.45
Current: 2.54

During the past years, Home Bancorp's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 2.24. And the median was 3.70.

HBCP's Cyclically Adjusted PS Ratio is ranked worse than
55.76% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs HBCP: 2.54

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.

Home Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.091. 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 $13.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Home Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Home 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.

Home Bancorp Cyclically Adjusted PS Ratio Chart

Home 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 4.34 2.84 3.67 3.13 3.00

Home 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 2.50 2.45 2.30 3.00 -

Competitive Comparison of Home Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Home 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.


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

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

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



Home 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.00/13.99
=2.50

* 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.

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

For example, Home 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)
=4.091/129.4194*129.4194
=4.091

Current CPI (Dec. 2023) = 129.4194.

Home Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.954 99.695 2.537
201406 2.224 100.560 2.862
201409 2.212 100.428 2.851
201412 2.150 99.070 2.809
201503 2.093 99.621 2.719
201506 2.123 100.684 2.729
201509 2.239 100.392 2.886
201512 2.585 99.792 3.352
201603 2.594 100.470 3.341
201606 2.681 101.688 3.412
201609 2.534 101.861 3.220
201612 2.545 101.863 3.233
201703 2.608 102.862 3.281
201706 2.497 103.349 3.127
201709 2.506 104.136 3.114
201712 2.897 104.011 3.605
201803 2.804 105.290 3.447
201806 2.869 106.317 3.492
201809 2.881 106.507 3.501
201812 2.787 105.998 3.403
201903 2.689 107.251 3.245
201906 2.699 108.070 3.232
201909 2.846 108.329 3.400
201912 2.746 108.420 3.278
202003 2.765 108.902 3.286
202006 2.923 108.767 3.478
202009 3.129 109.815 3.688
202012 3.437 109.897 4.048
202103 3.440 111.754 3.984
202106 3.224 114.631 3.640
202109 3.868 115.734 4.325
202112 3.383 117.630 3.722
202203 3.252 121.301 3.470
202206 4.022 125.017 4.164
202209 4.356 125.227 4.502
202212 4.511 125.222 4.662
202303 4.290 127.348 4.360
202306 4.178 128.729 4.200
202309 4.218 129.860 4.204
202312 4.091 129.419 4.091

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.


Home Bancorp  (NAS:HBCP) 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.


Home Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Home Bancorp (Home Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
503 Kaliste Saloom Road, Lafayette, LA, USA, 70508
Home Bancorp Inc is engaged in attracting deposits from the public and using those funds to invest in loans and securities. The principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank of Dallas. These funds are primarily used for the origination of loans, including one-to-four-family first mortgage loans, home equity loans, and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Its primary expenses are interest expense on deposits and borrowings and general operating expenses.
Executives
David T. Kirkley officer: EVP & Chief Financial Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Chris P Rader director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Donald W Washington director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
John Scott Ballard director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Daniel G Guidry director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ann Forte Trappey director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Michael P. Maraist director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598
Jason Freyou officer: EVP/Chief Operations Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Joseph B Zanco officer: Executive Vice President & CFO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
John W. Bordelon director, officer: President and CEO HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Darren E. Guidry officer: Executive Vice President HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Blanchet Paul J. Iii director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Kathy J Bobbs director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Mark M Cole director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Marc W Judice director HOME BANCORP INC, 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598