GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (NAS:WSBC) » Definitions » Cyclically Adjusted PS Ratio

Wesbanco (Wesbanco) Cyclically Adjusted PS Ratio : 2.56 (As of May. 01, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Wesbanco Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Wesbanco's current share price is $27.01. Wesbanco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.57. Wesbanco's Cyclically Adjusted PS Ratio for today is 2.56.

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

WSBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.57   Max: 5.43
Current: 2.59

During the past years, Wesbanco's highest Cyclically Adjusted PS Ratio was 5.43. The lowest was 1.98. And the median was 3.57.

WSBC's Cyclically Adjusted PS Ratio is ranked worse than
57.19% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs WSBC: 2.59

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.

Wesbanco's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.450. 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 $10.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wesbanco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wesbanco'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.

Wesbanco Cyclically Adjusted PS Ratio Chart

Wesbanco 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 4.07 3.22 3.56 3.58 2.97

Wesbanco 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 2.93 2.42 2.30 2.97 -

Competitive Comparison of Wesbanco's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Wesbanco'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.


Wesbanco's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Wesbanco 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.

Wesbanco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.01/10.57
=2.56

* 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.

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

For example, Wesbanco'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)
=2.45/129.4194*129.4194
=2.450

Current CPI (Dec. 2023) = 129.4194.

Wesbanco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.200 99.695 2.856
201406 2.270 100.560 2.921
201409 2.223 100.428 2.865
201412 2.087 99.070 2.726
201503 2.121 99.621 2.755
201506 2.047 100.684 2.631
201509 2.044 100.392 2.635
201512 1.975 99.792 2.561
201603 2.063 100.470 2.657
201606 2.066 101.688 2.629
201609 2.090 101.861 2.655
201612 2.023 101.863 2.570
201703 2.126 102.862 2.675
201706 2.139 103.349 2.679
201709 2.158 104.136 2.682
201712 2.076 104.011 2.583
201803 2.202 105.290 2.707
201806 2.267 106.317 2.760
201809 2.303 106.507 2.798
201812 2.239 105.998 2.734
201903 2.306 107.251 2.783
201906 2.368 108.070 2.836
201909 2.248 108.329 2.686
201912 2.155 108.420 2.572
202003 2.192 108.902 2.605
202006 2.231 108.767 2.655
202009 2.275 109.815 2.681
202012 2.231 109.897 2.627
202103 2.190 111.754 2.536
202106 2.229 114.631 2.517
202109 2.240 115.734 2.505
202112 2.214 117.630 2.436
202203 2.219 121.301 2.368
202206 2.288 125.017 2.369
202209 2.601 125.227 2.688
202212 2.630 125.222 2.718
202303 2.532 127.348 2.573
202306 2.553 128.729 2.567
202309 2.470 129.860 2.462
202312 2.450 129.419 2.450

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.


Wesbanco  (NAS:WSBC) 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.


Wesbanco Cyclically Adjusted PS Ratio Related Terms

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


Wesbanco (Wesbanco) Business Description

Industry
Traded in Other Exchanges
Address
1 Bank Plaza, Wheeling, WV, USA, 26003
Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.
Executives
Proctor Gregory S Jr director 2995 CRAIN HIGHWAY, WALDORF MD 20601
Jeffrey H Jackson officer: SEVP & COO C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Robert J Fitzsimmons director 1701 WARWOOD AVENUE, WHEELING WV 26003
Denise H Knouse-snyder director C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003
Kerry M Stemler director
Scott A Love officer: EVP - Wealth Management C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Jonathan D Dargusch officer: EVP - Wealth Management C/O WESBANCO, INC., ONE BANK PLAZA, WHEELING WV 26003
Todd Clossin officer: EVP & COO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Jayson M Zatta officer: EVP & Chief Lending Officer C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003
Brent E Richmond officer: Exec. Vice President WESBANCO, INC, 1 BANK PLAZA, WHEELING WV 26003
Robert H Friend officer: EVP & CCO C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Joseph R Robinson director 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Rosie Allen-herring director 1525 POINTER RIDGE PLACE, BOWIE MD 20716
Robert H Young officer: Exec Vice President/CFO 1BANK PLAZA, WHEELING WV 26003
Nelson F Eric Jr director C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003