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New Peoples Bankshares (New Peoples Bankshares) Cyclically Adjusted PS Ratio : 1.59 (As of May. 15, 2024)


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What is New Peoples Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-05-15), New Peoples Bankshares's current share price is $2.60. New Peoples Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.64. New Peoples Bankshares's Cyclically Adjusted PS Ratio for today is 1.59.

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

NWPP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.81   Max: 1.64
Current: 1.62

During the past years, New Peoples Bankshares's highest Cyclically Adjusted PS Ratio was 1.64. The lowest was 0.42. And the median was 0.81.

NWPP's Cyclically Adjusted PS Ratio is ranked better than
72.19% of 1194 companies
in the Banks industry
Industry Median: 2.4 vs NWPP: 1.62

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.

New Peoples Bankshares's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.400. 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 $1.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Peoples Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New Peoples Bankshares'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.

New Peoples Bankshares Cyclically Adjusted PS Ratio Chart

New Peoples Bankshares 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 0.91 1.05 1.18 1.42 1.46

New Peoples Bankshares 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 1.36 1.40 1.40 1.46 -

Competitive Comparison of New Peoples Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, New Peoples Bankshares'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.


New Peoples Bankshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where New Peoples Bankshares's Cyclically Adjusted PS Ratio falls into.



New Peoples Bankshares 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.

New Peoples Bankshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.60/1.64
=1.59

* 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.

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

For example, New Peoples Bankshares'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)
=0.4/129.4194*129.4194
=0.400

Current CPI (Dec. 2023) = 129.4194.

New Peoples Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.333 99.695 0.432
201406 0.321 100.560 0.413
201409 0.332 100.428 0.428
201412 0.319 99.070 0.417
201503 0.300 99.621 0.390
201506 0.312 100.684 0.401
201509 0.325 100.392 0.419
201512 0.326 99.792 0.423
201603 0.301 100.470 0.388
201606 0.306 101.688 0.389
201609 0.321 101.861 0.408
201612 0.314 101.863 0.399
201703 0.295 102.862 0.371
201706 0.430 103.349 0.538
201709 0.318 104.136 0.395
201712 0.323 104.011 0.402
201803 0.319 105.290 0.392
201806 0.323 106.317 0.393
201809 0.326 106.507 0.396
201812 0.339 105.998 0.414
201903 0.324 107.251 0.391
201906 0.338 108.070 0.405
201909 0.377 108.329 0.450
201912 0.343 108.420 0.409
202003 0.343 108.902 0.408
202006 0.321 108.767 0.382
202009 0.353 109.815 0.416
202012 0.360 109.897 0.424
202103 0.353 111.754 0.409
202106 0.371 114.631 0.419
202109 0.426 115.734 0.476
202112 0.380 117.630 0.418
202203 0.372 121.301 0.397
202206 0.380 125.017 0.393
202209 0.390 125.227 0.403
202212 0.411 125.222 0.425
202303 0.388 127.348 0.394
202306 0.389 128.729 0.391
202309 0.390 129.860 0.389
202312 0.400 129.419 0.400

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.


New Peoples Bankshares  (OTCPK:NWPP) 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.


New Peoples Bankshares Cyclically Adjusted PS Ratio Related Terms

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


New Peoples Bankshares (New Peoples Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
67 Commerce Drive, Honaker, VA, USA, 24260
New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.
Executives
Harold L Keene director P. O. BOX 1320, HONAKER VA 24260
B Scott White director RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long other: Director-Subsidiary Bank 300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox director 13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar officer: EVP & Chief Financial Officer 599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury officer: Senior V.P. & C.F.O.
Kiser W James officer: EVP/Chief Banking Officer 67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks officer: EVP/CFO 104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan director 2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess director PO BOX 5064, PRINCETON WV 24740
Beard John W Jr officer: EVP & Chief Credit Officer NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington officer: SVP & Chief Financial Officer 5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer officer: EVP & Chief Credit Officer 67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati 10 percent owner PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr director P. O. BOX 330, HONAKER VA 24260

New Peoples Bankshares (New Peoples Bankshares) Headlines