GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Bank (OTCPK:CTBK) » Definitions » Cyclically Adjusted PS Ratio

City Bank (City Bank) Cyclically Adjusted PS Ratio : (As of Apr. 28, 2024)


View and export this data going back to 2010. Start your Free Trial

What is City Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


City Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for City Bank'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.

City Bank Cyclically Adjusted PS Ratio Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 - - - - -

Competitive Comparison of City Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, City Bank'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.


City Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



City Bank 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.

City Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2009 is calculated as:

For example, City Bank's adjusted Revenue per Share data for the three months ended in Jun. 2009 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2009 (Change)*Current CPI (Jun. 2009)
=0.085/91.0032*91.0032
=0.085

Current CPI (Jun. 2009) = 91.0032.

City Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199909 0.907 70.839 1.165
199912 0.757 71.008 0.970
200003 0.809 72.231 1.019
200006 0.856 72.737 1.071
200009 1.020 73.286 1.267
200012 0.980 73.413 1.215
200103 0.948 74.341 1.160
200106 1.004 75.100 1.217
200109 1.010 75.227 1.222
200112 0.996 74.552 1.216
200203 0.000 75.438 0.000
200206 1.043 75.902 1.251
200209 0.000 76.366 0.000
200212 0.000 76.324 0.000
200303 1.095 77.716 1.282
200306 1.136 77.505 1.334
200309 1.181 78.138 1.375
200312 1.089 77.758 1.274
200403 1.021 79.066 1.175
200406 1.139 80.037 1.295
200409 0.798 80.121 0.906
200412 0.468 80.290 0.530
200503 0.602 81.555 0.672
200506 0.796 82.062 0.883
200509 0.899 83.876 0.975
200512 1.008 83.032 1.105
200603 0.000 84.298 0.000
200606 1.199 85.606 1.275
200609 1.278 85.606 1.359
200612 1.283 85.142 1.371
200703 1.300 86.640 1.365
200706 1.371 87.906 1.419
200709 1.335 87.964 1.381
200712 1.332 88.616 1.368
200803 1.309 90.090 1.322
200806 1.213 92.320 1.196
200809 1.035 92.307 1.020
200812 0.420 88.697 0.431
200903 0.282 89.744 0.286
200906 0.085 91.003 0.085

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.


City Bank  (OTCPK:CTBK) 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.


City Bank Cyclically Adjusted PS Ratio Related Terms

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


City Bank (City Bank) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

City Bank (City Bank) Headlines

No Headlines