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Sound Financial Bancorp (Sound Financial Bancorp) Cyclically Adjusted PS Ratio : 2.72 (As of Apr. 29, 2024)


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What is Sound Financial Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Sound Financial Bancorp's current share price is $39.1501. Sound Financial Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.37. Sound Financial Bancorp's Cyclically Adjusted PS Ratio for today is 2.72.

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

SFBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.42   Med: 2.95   Max: 4.2
Current: 2.72

During the past years, Sound Financial Bancorp's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 2.42. And the median was 2.95.

SFBC's Cyclically Adjusted PS Ratio is ranked worse than
59.8% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs SFBC: 2.72

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.

Sound Financial Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.372. 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 $14.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sound Financial Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sound Financial 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.

Sound Financial Bancorp Cyclically Adjusted PS Ratio Chart

Sound Financial 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 - 2.94 3.61 2.91 2.71

Sound Financial 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 2.91 2.69 2.51 2.57 2.71

Competitive Comparison of Sound Financial Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Sound Financial 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.


Sound Financial Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Sound Financial 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.

Sound Financial Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.1501/14.37
=2.72

* 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.

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

For example, Sound Financial 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)
=3.372/129.4194*129.4194
=3.372

Current CPI (Dec. 2023) = 129.4194.

Sound Financial Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.065 99.695 2.681
201406 2.216 100.560 2.852
201409 2.382 100.428 3.070
201412 2.293 99.070 2.995
201503 2.252 99.621 2.926
201506 2.473 100.684 3.179
201509 2.413 100.392 3.111
201512 2.543 99.792 3.298
201603 2.450 100.470 3.156
201606 2.597 101.688 3.305
201609 2.711 101.861 3.444
201612 2.827 101.863 3.592
201703 2.616 102.862 3.291
201706 2.594 103.349 3.248
201709 2.737 104.136 3.402
201712 2.862 104.011 3.561
201803 2.955 105.290 3.632
201806 3.136 106.317 3.817
201809 3.267 106.507 3.970
201812 3.148 105.998 3.844
201903 3.117 107.251 3.761
201906 2.845 108.070 3.407
201909 2.992 108.329 3.574
201912 3.044 108.420 3.634
202003 2.874 108.902 3.415
202006 3.285 108.767 3.909
202009 3.371 109.815 3.973
202012 3.949 109.897 4.651
202103 3.539 111.754 4.098
202106 3.449 114.631 3.894
202109 3.702 115.734 4.140
202112 3.494 117.630 3.844
202203 3.463 121.301 3.695
202206 3.597 125.017 3.724
202209 4.089 125.227 4.226
202212 4.116 125.222 4.254
202303 3.971 127.348 4.036
202306 4.105 128.729 4.127
202309 3.596 129.860 3.584
202312 3.372 129.419 3.372

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.


Sound Financial Bancorp  (NAS:SFBC) 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.


Sound Financial Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Sound Financial Bancorp (Sound Financial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2400 3rd Avenue, Suite 150, Seattle, WA, USA, 98121
Sound Financial Bancorp Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It attracts retail and commercial deposits from the public and invests those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four-family residences including home equity loans and lines of credit, commercial and multifamily real estate, construction and land, consumer and commercial business loans. The bank also offers secured and unsecured consumer loan products, including manufactured home loans, floating home loans, automobile loans, boat loans, and recreational vehicle loans.
Executives
Joseph Stilwell 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Robert F Carney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
James E Sweeney director C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Haddad David S Jr director, other: Vice Chairman of the Board C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Brandon Lance officer: SVP, Chief Credit Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Jennifer L Mallon officer: Sr. VP & Chief Acct. Officer SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Daphne Kelley officer: Chief Financial Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Wes Ochs officer: Executive Vice President SOUND FINANCIAL, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Stilwell Partners L P 10 percent owner 111 BROADWAY, 12TH FL., NEW YORK NY 10006
Stilwell Value Llc 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Turner officer: SVP, Chief Credit Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Debra Jones director C/O SOUND FINANCIAL INC, 2400 3RD AVE., SUITE 150, SEATTLE WA 98121