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Citizens & Northern (Citizens & Northern) Cyclically Adjusted PS Ratio : 2.69 (As of May. 15, 2024)


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What is Citizens & Northern Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Citizens & Northern's current share price is $17.61. Citizens & Northern's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.55. Citizens & Northern's Cyclically Adjusted PS Ratio for today is 2.69.

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

CZNC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.6   Med: 3.76   Max: 5.33
Current: 2.69

During the past years, Citizens & Northern's highest Cyclically Adjusted PS Ratio was 5.33. The lowest was 2.60. And the median was 3.76.

CZNC's Cyclically Adjusted PS Ratio is ranked worse than
58.54% of 1194 companies
in the Banks industry
Industry Median: 2.4 vs CZNC: 2.69

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.

Citizens & Northern's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.656. 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 $6.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens & Northern Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Citizens & Northern'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.

Citizens & Northern Cyclically Adjusted PS Ratio Chart

Citizens & Northern 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 5.25 3.60 4.43 3.64 3.44

Citizens & Northern 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 3.35 2.98 2.68 3.44 2.87

Competitive Comparison of Citizens & Northern's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Citizens & Northern'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.


Citizens & Northern's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Citizens & Northern 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.

Citizens & Northern's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.61/6.55
=2.69

* 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.

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

For example, Citizens & Northern'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)
=1.656/129.4194*129.4194
=1.656

Current CPI (Mar. 2024) = 129.4194.

Citizens & Northern Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.135 100.560 1.461
201409 1.183 100.428 1.525
201412 1.133 99.070 1.480
201503 1.085 99.621 1.410
201506 1.198 100.684 1.540
201509 1.130 100.392 1.457
201512 1.294 99.792 1.678
201603 1.144 100.470 1.474
201606 1.145 101.688 1.457
201609 1.193 101.861 1.516
201612 1.155 101.863 1.467
201703 1.144 102.862 1.439
201706 1.175 103.349 1.471
201709 1.181 104.136 1.468
201712 1.196 104.011 1.488
201803 1.226 105.290 1.507
201806 1.396 106.317 1.699
201809 1.324 106.507 1.609
201812 1.361 105.998 1.662
201903 1.292 107.251 1.559
201906 1.379 108.070 1.651
201909 1.389 108.329 1.659
201912 1.392 108.420 1.662
202003 1.406 108.902 1.671
202006 1.422 108.767 1.692
202009 1.644 109.815 1.937
202012 1.654 109.897 1.948
202103 1.673 111.754 1.937
202106 1.551 114.631 1.751
202109 1.622 115.734 1.814
202112 1.645 117.630 1.810
202203 1.647 121.301 1.757
202206 1.690 125.017 1.750
202209 1.702 125.227 1.759
202212 1.816 125.222 1.877
202303 1.682 127.348 1.709
202306 1.746 128.729 1.755
202309 1.692 129.860 1.686
202312 1.645 129.419 1.645
202403 1.656 129.419 1.656

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.


Citizens & Northern  (NAS:CZNC) 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.


Citizens & Northern Cyclically Adjusted PS Ratio Related Terms

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


Citizens & Northern (Citizens & Northern) Business Description

Traded in Other Exchanges
N/A
Address
90-92 Main Street, Wellsboro, PA, USA, 16901
Citizens & Northern Corp is a community bank operating through its subsidiaries. It provides banking services, including deposit and loan products for personal and commercial customers. The bank also maintains a trust division that provides a wide range of financial services, such as 401(k) plans, retirement planning, estate planning, estate settlements and asset management.
Executives
Frank G Pellegrino director 2050 POCO FARM ROAD, WILLIAMSPORT PA 17701
Robert G Loughery director 1128 SLOTTER ROAD, PERKASIE PA 18944
Katherine W Shattuck director 2548 LAKE ROAD, TOWANDA PA 18848
Tracy Ellen Watkins officer: EXEC. VP 1972 NORTH WILLIAMSON ROAD, COVINGTON PA 16917-9516
Bobbi J Kilmer director 555 COUNTRY VIEW DRIVE, TOWANDA PA 18848
Glenn Richard James officer: EVP Counsel, Corp Secretary 90-92 MAIN ST, WELLSBORO PA 16901
Timothy E Schoener director 821 HAWTHORNE AVE, WILLIAMSPORT PA 17701
Kelley A Cwiklinski officer: EVP Chief Comm Lending Officer 90-92 MAIN ST, WELLSBORO PA 16901
Leo F Lambert director PO BOX 345, DUSHORE PA 18614
Helen S Santiago director 263 BRIDGE STREET HILL RD, TOWANDA PA 18848
Terry L Lehman director 5066 NORTH SHERMAN STREET, MOUNT WOLF PA 17347
Matthew L Bower officer: EVP, Chief Wealth Mgmt Officer 90-92 MAIN ST, WELLSBORO PA 16901
Susan E Hartley director 1293 HOFFMAN HOLLOW RD, LOWMAN NY 14861
Stephen M Dorwart director 234 CEDAR ROAD, MULLICA HILL NJ 08062
Alexander Balagour officer: EVP- CHIEF INFORMATION OFFICER 45 TEAL DRIVE, LANGHORNE PA 19047

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