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Codorus Valley Bancorp (Codorus Valley Bancorp) Cyclically Adjusted PS Ratio : 2.44 (As of Apr. 28, 2024)


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What is Codorus Valley Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Codorus Valley Bancorp's current share price is $22.47. Codorus Valley Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.22. Codorus Valley Bancorp's Cyclically Adjusted PS Ratio for today is 2.44.

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

CVLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.7   Max: 4.32
Current: 2.44

During the past years, Codorus Valley Bancorp's highest Cyclically Adjusted PS Ratio was 4.32. The lowest was 1.49. And the median was 2.70.

CVLY's Cyclically Adjusted PS Ratio is ranked worse than
51.77% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CVLY: 2.44

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.

Codorus Valley Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.373. 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 $9.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Codorus Valley Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Codorus 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.

Codorus Valley Bancorp Cyclically Adjusted PS Ratio Chart

Codorus 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 3.01 2.18 2.58 2.67 2.79

Codorus Valley Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.67 2.29 2.13 2.00 2.79

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

For the Banks - Regional subindustry, Codorus 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.


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

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

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



Codorus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.47/9.22
=2.44

* 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.

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

For example, Codorus 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)
=2.373/129.4194*129.4194
=2.373

Current CPI (Dec. 2023) = 129.4194.

Codorus Valley Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.798 99.695 2.334
201406 1.608 100.560 2.069
201409 1.681 100.428 2.166
201412 1.748 99.070 2.283
201503 1.833 99.621 2.381
201506 1.816 100.684 2.334
201509 1.774 100.392 2.287
201512 2.085 99.792 2.704
201603 1.543 100.470 1.988
201606 1.575 101.688 2.005
201609 1.528 101.861 1.941
201612 1.958 101.863 2.488
201703 1.675 102.862 2.107
201706 1.741 103.349 2.180
201709 1.713 104.136 2.129
201712 2.186 104.011 2.720
201803 1.841 105.290 2.263
201806 2.037 106.317 2.480
201809 1.946 106.507 2.365
201812 1.898 105.998 2.317
201903 1.844 107.251 2.225
201906 1.959 108.070 2.346
201909 1.937 108.329 2.314
201912 1.976 108.420 2.359
202003 1.875 108.902 2.228
202006 1.853 108.767 2.205
202009 1.924 109.815 2.267
202012 1.995 109.897 2.349
202103 1.989 111.754 2.303
202106 1.934 114.631 2.183
202109 2.030 115.734 2.270
202112 2.057 117.630 2.263
202203 2.015 121.301 2.150
202206 2.223 125.017 2.301
202209 2.457 125.227 2.539
202212 2.550 125.222 2.635
202303 2.503 127.348 2.544
202306 2.447 128.729 2.460
202309 2.390 129.860 2.382
202312 2.373 129.419 2.373

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.


Codorus Valley Bancorp  (NAS:CVLY) 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.


Codorus Valley Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Codorus Valley Bancorp (Codorus Valley Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
105 Leader Heights Road, P.O. Box 2887, Codorus Valley Corporate Center, York, PA, USA, 17403
Codorus Valley Bancorp Inc is a United States-based bank holding company. Through its subsidiary, it offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. It operates in a single segment, which is community banking. The loan portfolio is segmented is two classes: commercial, which includes builder & developer, commercial real estate investor, residential real estate investor, hotel/motel, wholesale & retail, agriculture, manufacturing, and all others; and consumer, which consists of residential mortgage, home equity and all other. Substantially, all the revenue for the group is derived in the form of an interest income.
Executives
Stephen M Altland officer: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Scott V Fainor director 105 LEADER HEIGHTS RD, YORK PA 17403
John W Giambalvo other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John E Kiernan director 110 CROTON AVENUE, MOUNT KISCO NY 10549
Craig L Kauffman officer: EVP & COO 105 LEADER HEIGHTS ROAD, YORK PA 17403
Keith Michael Cenekofsky director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Brian D Brunner other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Sarah M Brown director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kent K. Matsumoto director 105 LEADER HEIGHTS RD, YORK PA 17403
Diane E Hill officer: Vice President 105 LEADER HEIGHTS ROAD, YORK PA 17403
Matthew A Clemens officer: SVP of subsidiary, PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John Rodney Messick director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Larry D Pickett officer: Treasurer 105 LEADER HEIGHTS ROAD, YORK PA 17403
Daniel R Stolzer officer: General Counsel C/O CODORUS VALLEY BANCORP INC, 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kristen Marie Heisey other: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403