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Lake Shore Bancorp (Lake Shore Bancorp) Cyclically Adjusted PS Ratio : 2.69 (As of Apr. 28, 2024)


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What is Lake Shore Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Lake Shore Bancorp's current share price is $11.50. Lake Shore Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.28. Lake Shore Bancorp's Cyclically Adjusted PS Ratio for today is 2.69.

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

LSBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.62   Max: 5.71
Current: 2.68

During the past years, Lake Shore Bancorp's highest Cyclically Adjusted PS Ratio was 5.71. The lowest was 2.27. And the median was 4.62.

LSBK's Cyclically Adjusted PS Ratio is ranked worse than
55.15% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs LSBK: 2.68

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.

Lake Shore Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.108. 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 $4.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lake Shore Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lake Shore 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.

Lake Shore Bancorp Cyclically Adjusted PS Ratio Chart

Lake Shore 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 4.55 3.78 3.97 2.96 2.73

Lake Shore Bancorp 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 2.42 2.55 2.37 2.73 -

Competitive Comparison of Lake Shore Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Lake Shore 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.


Lake Shore Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Lake Shore 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.

Lake Shore Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/4.28
=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.

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

For example, Lake Shore 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)
=1.108/129.4194*129.4194
=1.108

Current CPI (Dec. 2023) = 129.4194.

Lake Shore Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.732 99.695 0.950
201406 0.762 100.560 0.981
201409 0.704 100.428 0.907
201412 0.707 99.070 0.924
201503 0.699 99.621 0.908
201506 0.715 100.684 0.919
201509 0.810 100.392 1.044
201512 0.738 99.792 0.957
201603 1.001 100.470 1.289
201606 0.728 101.688 0.927
201609 0.743 101.861 0.944
201612 0.731 101.863 0.929
201703 0.787 102.862 0.990
201706 0.810 103.349 1.014
201709 0.797 104.136 0.991
201712 0.782 104.011 0.973
201803 0.806 105.290 0.991
201806 0.830 106.317 1.010
201809 0.848 106.507 1.030
201812 0.870 105.998 1.062
201903 0.849 107.251 1.024
201906 0.868 108.070 1.039
201909 0.939 108.329 1.122
201912 0.934 108.420 1.115
202003 0.894 108.902 1.062
202006 0.945 108.767 1.124
202009 0.956 109.815 1.127
202012 1.056 109.897 1.244
202103 1.030 111.754 1.193
202106 1.032 114.631 1.165
202109 1.112 115.734 1.243
202112 1.103 117.630 1.214
202203 1.062 121.301 1.133
202206 1.134 125.017 1.174
202209 1.191 125.227 1.231
202212 1.210 125.222 1.251
202303 1.164 127.348 1.183
202306 1.158 128.729 1.164
202309 1.180 129.860 1.176
202312 1.108 129.419 1.108

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.


Lake Shore Bancorp  (NAS:LSBK) 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.


Lake Shore Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Lake Shore Bancorp (Lake Shore Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
31 East Fourth Street, Dunkirk, NY, USA, 14048
Lake Shore Bancorp Inc operates as a savings and loan holdings company. The bank's business consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, primarily in commercial real estate loans, one-to-four family residential mortgage loans, home equity lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. Its revenues are principally derived from interest earned on loans and investment securities.
Executives
Kim C Liddell Dir., Pres. and CEO of Bank, other: Dir., Pres. and CEO of Bank 31 EAST FOURTH STREET, DUNKIRK NY 14048
Ronald J Passafaro director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Kevin M. Sanvidge director, other: Chairman of the Board 128 EAST FOURTH STREET, DUNKIRK NY 14048
Ann M Segarra director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Taylor Gilden officer: Chief Financial Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
John L Mehltretter director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Jennifer L Zatkos officer: Chief Operating Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Robert V Cortellucci officer: Chief Technology Officer 31 EAST FOURTH STREET, DUNKIRK NY 14048
Michelle M Debergalis director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Catharine M Young director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Tracy Steve Bennett director 125 EAST FOURTH STREET, DUNKIRK NY 14048
John P Mcgrath director 31 EAST FOURTH STREET, DUNKIRK NY 14048
Daniel P Reininga director, officer: President and CEO 125 EAST FOURTH STREET, DUNKIRK NY 14048
Jeffrey M. Werdein officer: EVP-Commercial Division 31 EAST FOURTH STREET, DUNKIRK NY 14048
Beverly Sutton officer: Internal Auditor 31 EAST FOURTH STREET, DUNKIRK NY 14048