GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Croghan Bancshares Inc (OTCPK:CHBH) » Definitions » Cyclically Adjusted PS Ratio

Croghan Bancshares (Croghan Bancshares) Cyclically Adjusted PS Ratio : 2.17 (As of Apr. 28, 2024)


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

What is Croghan Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Croghan Bancshares's current share price is $45.50. Croghan Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.95. Croghan Bancshares's Cyclically Adjusted PS Ratio for today is 2.17.

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

CHBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.9   Max: 3.89
Current: 2.17

During the past years, Croghan Bancshares's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 2.07. And the median was 2.90.

CHBH's Cyclically Adjusted PS Ratio is ranked better than
56.67% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CHBH: 2.17

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.

Croghan Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.157. 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 $20.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Croghan Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Croghan 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.

Croghan Bancshares Cyclically Adjusted PS Ratio Chart

Croghan Bancshares 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 3.32 3.09 3.45 2.79 2.20

Croghan 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 2.54 2.31 2.21 2.20 2.16

Competitive Comparison of Croghan Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Croghan 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.


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

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

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



Croghan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.50/20.95
=2.17

* 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.

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

For example, Croghan 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)
=5.157/129.4194*129.4194
=5.157

Current CPI (Mar. 2024) = 129.4194.

Croghan Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.794 100.560 4.883
201409 3.814 100.428 4.915
201412 3.684 99.070 4.813
201503 3.740 99.621 4.859
201506 3.737 100.684 4.804
201509 3.796 100.392 4.894
201512 3.743 99.792 4.854
201603 3.968 100.470 5.111
201606 3.882 101.688 4.941
201609 3.984 101.861 5.062
201612 3.919 101.863 4.979
201703 3.866 102.862 4.864
201706 4.150 103.349 5.197
201709 4.177 104.136 5.191
201712 4.122 104.011 5.129
201803 4.112 105.290 5.054
201806 4.224 106.317 5.142
201809 4.208 106.507 5.113
201812 4.203 105.998 5.132
201903 4.099 107.251 4.946
201906 4.341 108.070 5.199
201909 4.848 108.329 5.792
201912 4.576 108.420 5.462
202003 4.475 108.902 5.318
202006 4.805 108.767 5.717
202009 5.151 109.815 6.071
202012 5.301 109.897 6.243
202103 5.142 111.754 5.955
202106 5.229 114.631 5.904
202109 5.413 115.734 6.053
202112 5.132 117.630 5.646
202203 4.897 121.301 5.225
202206 4.968 125.017 5.143
202209 5.318 125.227 5.496
202212 5.284 125.222 5.461
202303 4.990 127.348 5.071
202306 5.003 128.729 5.030
202309 5.002 129.860 4.985
202312 4.669 129.419 4.669
202403 5.157 129.419 5.157

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.


Croghan Bancshares  (OTCPK:CHBH) 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.


Croghan Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Croghan Bancshares (Croghan Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
323 Croghan Street, Fremont, OH, USA, 43420
Croghan Bancshares Inc operates as a bank holding company. It operates in one segment, Commercial Banking. The company offers a diverse range of commercial and retail banking services through its banking centers. Its products are comprised of traditional banking services such as consumer, commercial, agricultural, and real estate loans, personal and business checking accounts, savings accounts, time deposit accounts, safe deposit box services and trust department services.
Executives
James E Bowlus director 460 KINGSGATE DRIVE, FREMONT OH 43420
Barry F Luse officer: Vice President/Trust Officer 1927 ROBERT AVENUE, FREMONT OH 43420
Claire F Johansen director 5600 SOUTH CR 19, TIFFIN OH 44883
Allen Michael D Sr director 5639 SR 113, BELLEVUE OH 44811
James R Faist director 119 CANTERBURY DRIVE, FREMONT OH 43420
Kendall W Rieman officer: Vice President/CFO and COO 3339 CR 223, FREMONT OH 43420
Rick M Robertson director, officer: President and CEO 1687 TOMAHAWK TRACE, FREMONT OH 43420
Stephen A Kemper director 455 WEST MAIN STREET, BELLEVUE OH 44811
Daniel W Lease director 2276 EAST STATE STREET, FREMONT OH 43420
Allan E Mehlow director 2569 FANGBONER ROAD, FREMONT OH 43420
Thomas W Mclaughlin director 2221 COLE CREEK DRIVE, NORWALK OH 44857
Elder Thomas J Jr officer: Vice President 3584 SOUTH LINKER PORTAGE ROAD, ELMORE OH 43416-9730
Claude E Young director 2242 SOUTH SR 19, GREEN SPRINGS OH 44836
John C Hoffman officer: Controller 1207 JUNE STREET, FREMONT OH 43420
Robert H Moyer director 519 SMITH ROAD, FREMONT OH 43420

Croghan Bancshares (Croghan Bancshares) Headlines

From GuruFocus