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Oak Valley Bancorp (Oak Valley Bancorp) Cyclically Adjusted PS Ratio : 3.62 (As of Apr. 29, 2024)


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What is Oak Valley Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Oak Valley Bancorp's current share price is $24.56. Oak Valley Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.78. Oak Valley Bancorp's Cyclically Adjusted PS Ratio for today is 3.62.

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

OVLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 3.4   Max: 5.68
Current: 3.59

During the past years, Oak Valley Bancorp's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 2.36. And the median was 3.40.

OVLY's Cyclically Adjusted PS Ratio is ranked worse than
76.2% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs OVLY: 3.59

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.

Oak Valley Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.388. 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 $6.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oak Valley Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oak Valley 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.

Oak Valley Bancorp Cyclically Adjusted PS Ratio Chart

Oak Valley 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 4.30 3.48 3.25 3.76 4.42

Oak Valley 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 3.77 3.88 3.75 4.42 -

Competitive Comparison of Oak Valley Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Oak Valley 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.


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

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

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



Oak Valley 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.56/6.78
=3.62

* 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.

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

For example, Oak Valley 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)
=2.388/129.4194*129.4194
=2.388

Current CPI (Dec. 2023) = 129.4194.

Oak Valley Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.871 99.695 1.131
201406 0.888 100.560 1.143
201409 0.918 100.428 1.183
201412 0.971 99.070 1.268
201503 0.901 99.621 1.171
201506 0.916 100.684 1.177
201509 0.911 100.392 1.174
201512 0.948 99.792 1.229
201603 1.065 100.470 1.372
201606 1.137 101.688 1.447
201609 1.105 101.861 1.404
201612 1.139 101.863 1.447
201703 1.183 102.862 1.488
201706 1.298 103.349 1.625
201709 1.224 104.136 1.521
201712 1.263 104.011 1.572
201803 1.290 105.290 1.586
201806 1.279 106.317 1.557
201809 1.367 106.507 1.661
201812 1.409 105.998 1.720
201903 1.405 107.251 1.695
201906 1.401 108.070 1.678
201909 1.443 108.329 1.724
201912 1.428 108.420 1.705
202003 1.415 108.902 1.682
202006 1.497 108.767 1.781
202009 1.559 109.815 1.837
202012 1.644 109.897 1.936
202103 1.643 111.754 1.903
202106 1.638 114.631 1.849
202109 1.784 115.734 1.995
202112 1.570 117.630 1.727
202203 1.479 121.301 1.578
202206 1.781 125.017 1.844
202209 2.240 125.227 2.315
202212 2.500 125.222 2.584
202303 2.577 127.348 2.619
202306 2.560 128.729 2.574
202309 2.491 129.860 2.483
202312 2.388 129.419 2.388

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.


Oak Valley Bancorp  (NAS:OVLY) 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.


Oak Valley Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Oak Valley Bancorp (Oak Valley Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
125 North Third Avenue, Oakdale, CA, USA, 95361
Oak Valley Bancorp is a bank holding company which operates through Oak Valley Community Bank (the Bank). The Bank offers a complement of business checking and savings accounts for its business customers. The Bank also offers commercial and real estate loans, as well as lines of credit. In addition, the bank provides other services for both individuals and businesses including online banking, remote deposit capture, mobile banking, merchant services, night depository, extended hours, wire transfer of funds, note collection, and automated teller machines in a national network. Its primary source of revenue is net interest income.
Executives
Gary Strong director 125 N THIRD AVE, OAKDALE CA 95361
Ronald C. Martin director, officer: Chief Executive Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Daniel J Leonard director 125 NORTH THIRD AVE, OAKDALE CA 95361
Holder H Randolph Jr director 125 N THIRD AVE, OAKDALE CA 95361
Lynn Dickerson director 125 N 3RD AVE, OAKDALE CA 95361
Allison Lafferty director 125 N THIRD AVE, OAKDALE CA 95361
James L Gilbert director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Don Barton director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Janet S Pelton director 125 NORTH THIRD AVE, OAKDALE CA 95361
Christopher M. Courtney director, officer: President 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Cathy Ghan officer: EVP Commercial Real Estate 125 N THIRD AVE, OAKDALE CA 95361
Terrance P Withrow director 125 NORTH THIRD AVE, OAKDALE CA 95361
Thomas A Haidlen director 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Richard A. Mccarty officer: Chief Financial Officer 125 NORTH THIRD AVENUE, OAKDALE CA 95361
Gary Stephens officer: EVP Commercial Banking Group 125 N THIRD AVE, OAKDALE CA 95361

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