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MidWestOne Financial Group (MidWestOne Financial Group) Cyclically Adjusted PS Ratio : 1.58 (As of Apr. 30, 2024)


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What is MidWestOne Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), MidWestOne Financial Group's current share price is $20.63. MidWestOne Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.08. MidWestOne Financial Group's Cyclically Adjusted PS Ratio for today is 1.58.

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

MOFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 3.04   Max: 4.47
Current: 1.56

During the past years, MidWestOne Financial Group's highest Cyclically Adjusted PS Ratio was 4.47. The lowest was 1.42. And the median was 3.04.

MOFG's Cyclically Adjusted PS Ratio is ranked better than
72.75% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs MOFG: 1.56

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.

MidWestOne Financial Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.304. 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 $13.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MidWestOne Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MidWestOne Financial Group'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.

MidWestOne Financial Group Cyclically Adjusted PS Ratio Chart

MidWestOne Financial Group 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 3.61 2.34 2.79 2.51 2.06

MidWestOne Financial Group 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 1.90 1.64 1.55 2.06 -

Competitive Comparison of MidWestOne Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, MidWestOne Financial Group'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.


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

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

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



MidWestOne Financial Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.63/13.08
=1.58

* 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.

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

For example, MidWestOne Financial Group'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)
=2.304/129.4194*129.4194
=2.304

Current CPI (Dec. 2023) = 129.4194.

MidWestOne Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.085 99.695 2.707
201406 2.061 100.560 2.652
201409 2.094 100.428 2.698
201412 2.080 99.070 2.717
201503 2.174 99.621 2.824
201506 2.713 100.684 3.487
201509 2.818 100.392 3.633
201512 2.880 99.792 3.735
201603 2.811 100.470 3.621
201606 2.669 101.688 3.397
201609 2.662 101.861 3.382
201612 2.597 101.863 3.300
201703 2.650 102.862 3.334
201706 2.583 103.349 3.235
201709 2.648 104.136 3.291
201712 2.606 104.011 3.243
201803 2.602 105.290 3.198
201806 2.627 106.317 3.198
201809 2.627 106.507 3.192
201812 2.644 105.998 3.228
201903 2.577 107.251 3.110
201906 2.928 108.070 3.506
201909 3.161 108.329 3.776
201912 3.000 108.420 3.581
202003 2.946 108.902 3.501
202006 2.918 108.767 3.472
202009 2.943 109.815 3.468
202012 3.084 109.897 3.632
202103 3.148 111.754 3.646
202106 3.043 114.631 3.436
202109 3.122 115.734 3.491
202112 3.182 117.630 3.501
202203 3.116 121.301 3.325
202206 3.319 125.017 3.436
202209 3.726 125.227 3.851
202212 3.462 125.222 3.578
202303 2.296 127.348 2.333
202306 2.913 128.729 2.929
202309 2.828 129.860 2.818
202312 2.304 129.419 2.304

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.


MidWestOne Financial Group  (NAS:MOFG) 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.


MidWestOne Financial Group Cyclically Adjusted PS Ratio Related Terms

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


MidWestOne Financial Group (MidWestOne Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
102 South Clinton Street, Iowa City, IA, USA, 52240
MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.
Executives
Janet E Godwin director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Nathaniel J Kaeding director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Ruth E Stanoch director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Reeves director, officer: Chief Executive Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Larry D Albert director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Matthew J Hayek director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Tracy S Mccormick director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Jennifer Leigh Hauschildt director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kevin W Monson director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Len D Devaisher officer: President and COO 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
David E Lindstrom officer: EVP, Consumer Banking 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
John J Ruppel officer: Chief Accounting Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Funk director, officer: President and CEO 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kurt R Weise director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Douglas K True director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700