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Northeast Bank (Northeast Bank) Cyclically Adjusted PS Ratio : 4.84 (As of Apr. 28, 2024)


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What is Northeast Bank Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Northeast Bank's current share price is $52.51. Northeast Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.84. Northeast Bank's Cyclically Adjusted PS Ratio for today is 4.84.

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

NBN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.52   Max: 5.4
Current: 4.84

During the past years, Northeast Bank's highest Cyclically Adjusted PS Ratio was 5.40. The lowest was 0.84. And the median was 2.52.

NBN's Cyclically Adjusted PS Ratio is ranked worse than
85.14% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs NBN: 4.84

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.

Northeast Bank's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.944. 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 $10.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northeast Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Northeast 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.

Northeast Bank Cyclically Adjusted PS Ratio Chart

Northeast Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 2.36 4.03 4.25 4.16

Northeast Bank 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 4.62 3.51 4.16 4.20 5.09

Competitive Comparison of Northeast Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Northeast 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.


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

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

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



Northeast 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.

Northeast Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.51/10.84
=4.84

* 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.

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

For example, Northeast Bank'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)
=4.944/129.4194*129.4194
=4.944

Current CPI (Dec. 2023) = 129.4194.

Northeast Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.765 99.695 0.993
201406 0.929 100.560 1.196
201409 1.017 100.428 1.311
201412 1.025 99.070 1.339
201503 1.044 99.621 1.356
201506 1.228 100.684 1.578
201509 1.097 100.392 1.414
201512 1.210 99.792 1.569
201603 1.162 100.470 1.497
201606 1.361 101.688 1.732
201609 1.243 101.861 1.579
201612 1.577 101.863 2.004
201703 1.578 102.862 1.985
201706 1.840 103.349 2.304
201709 1.640 104.136 2.038
201712 1.453 104.011 1.808
201803 1.613 105.290 1.983
201806 1.756 106.317 2.138
201809 1.685 106.507 2.047
201812 1.804 105.998 2.203
201903 1.771 107.251 2.137
201906 2.008 108.070 2.405
201909 1.770 108.329 2.115
201912 1.778 108.420 2.122
202003 1.804 108.902 2.144
202006 3.207 108.767 3.816
202009 2.492 109.815 2.937
202012 2.535 109.897 2.985
202103 6.795 111.754 7.869
202106 4.389 114.631 4.955
202109 3.038 115.734 3.397
202112 3.275 117.630 3.603
202203 3.325 121.301 3.548
202206 3.607 125.017 3.734
202209 3.336 125.227 3.448
202212 4.002 125.222 4.136
202303 4.448 127.348 4.520
202306 4.598 128.729 4.623
202309 4.932 129.860 4.915
202312 4.944 129.419 4.944

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.


Northeast Bank  (NAS:NBN) 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.


Northeast Bank Cyclically Adjusted PS Ratio Related Terms

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


Northeast Bank (Northeast Bank) Business Description

Industry
Traded in Other Exchanges
Address
27 Pearl Street, Portland, ME, USA, 04101
Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group, and the Small Business Administration Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.
Executives
Richard Wayne director, officer: Chief Executive Officer C/O CAPITAL CROSSING PREFERRED CORP, 101 SUMMER ST, BOSTON MA 02110
Jean-pierre Lapointe officer: CFO / TREASURER C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Julie Jenkins officer: SVP/Director of Operations C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
David Allen Tanner director C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Patrick D Dignan officer: Executive Vice President C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Peter Walter Mcclean director C/O PNMAC CAPITAL MANAGEMENT, LLC, 27001 AGOURA ROAD, CALABASAS CA 91301
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Lindsay Wiedemann officer: Corporate Controller C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Claire S Bean officer: CFO and COO C/O BENJAMIN FRANKLIN BANK, 58 MAIN STREET, P.O. BOX 309, FRANKLIN MA 02038-0309
Brian Pinheiro officer: Chief Risk Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
Brian W. Shaughnessy officer: Chief Financial Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
John C Orestis director NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240
William F. Difulvio officer: Chief Risk Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240