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Waterstone Financial (Waterstone Financial) Cyclically Adjusted PS Ratio : 1.43 (As of Apr. 28, 2024)


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What is Waterstone Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Waterstone Financial's current share price is $11.79. Waterstone Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.23. Waterstone Financial's Cyclically Adjusted PS Ratio for today is 1.43.

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

WSBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 3.8   Max: 5.93
Current: 1.43

During the past years, Waterstone Financial's highest Cyclically Adjusted PS Ratio was 5.93. The lowest was 1.21. And the median was 3.80.

WSBF's Cyclically Adjusted PS Ratio is ranked better than
76.86% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs WSBF: 1.43

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.

Waterstone Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.439. 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 $8.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waterstone Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waterstone Financial'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.

Waterstone Financial Cyclically Adjusted PS Ratio Chart

Waterstone Financial 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 3.81 3.16 3.06 2.21 1.73

Waterstone Financial 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 2.21 1.90 1.79 1.33 1.73

Competitive Comparison of Waterstone Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Waterstone Financial'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.


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

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

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



Waterstone Financial 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.79/8.23
=1.43

* 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.

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

For example, Waterstone Financial'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)
=1.439/129.4194*129.4194
=1.439

Current CPI (Dec. 2023) = 129.4194.

Waterstone Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.776 99.695 1.007
201406 0.987 100.560 1.270
201409 1.048 100.428 1.351
201412 0.936 99.070 1.223
201503 0.964 99.621 1.252
201506 1.361 100.684 1.749
201509 1.384 100.392 1.784
201512 1.183 99.792 1.534
201603 1.152 100.470 1.484
201606 1.710 101.688 2.176
201609 1.777 101.861 2.258
201612 1.456 101.863 1.850
201703 1.358 102.862 1.709
201706 1.779 103.349 2.228
201709 1.649 104.136 2.049
201712 1.382 104.011 1.720
201803 1.343 105.290 1.651
201806 1.663 106.317 2.024
201809 1.701 106.507 2.067
201812 1.412 105.998 1.724
201903 1.362 107.251 1.644
201906 1.791 108.070 2.145
201909 1.918 108.329 2.291
201912 1.785 108.420 2.131
202003 1.676 108.902 1.992
202006 3.221 108.767 3.833
202009 3.603 109.815 4.246
202012 3.480 109.897 4.098
202103 2.873 111.754 3.327
202106 2.710 114.631 3.060
202109 2.751 115.734 3.076
202112 2.283 117.630 2.512
202203 1.727 121.301 1.843
202206 1.988 125.017 2.058
202209 1.943 125.227 2.008
202212 1.502 125.222 1.552
202303 1.493 127.348 1.517
202306 1.726 128.729 1.735
202309 1.673 129.860 1.667
202312 1.439 129.419 1.439

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.


Waterstone Financial  (NAS:WSBF) 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.


Waterstone Financial Cyclically Adjusted PS Ratio Related Terms

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


Waterstone Financial (Waterstone Financial) Business Description

Traded in Other Exchanges
Address
11200 West Plank Court, Wauwatosa, WI, USA, 53226
Waterstone Financial Inc is a holding company. Through its subsidiaries, It operates in two segments: Community Banking and Mortgage Banking. The community banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The vast majority of its revenue comes from the community banking segment.
Executives
Douglas S Gordon director, officer: CEO C/O WAUWATOSA HOLDINGS INC, 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3520
Ryan J Gordon officer: EVP/Chief Credit Officer 11200 WEST PLANK CT., WAUWATOSA WI 53226
Michael L Hansen director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Thomas E Dalum director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
William F Bruss officer: COO, General Counsel 11200 W PLANK COURT, WAUWATOSA WI 53226
Ellen Syburg Bartel director 730 PLANKINTON 3B, MILWAUKEE WI 53203
Mark Raymond Gerke officer: VP/Controller 5749 N. KENT AVENUE, WHITEFISH BAY WI 53217
Derek L Tyus director 11200 WEST PLANK COURT, WAUWATOSA WI 53226
Jeffrey R Mcguiness officer: Subsidary President 11200 WEST PLANK COURT, WAUWATOSA WI 53226
Patrick S Lawton director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Eric J Egenhoefer officer: Subsidiary President 11200 W PLANK COURT, WAUWATOSA WI 53226
Rebecca M Arndt officer: Vice President 11200 W PLANK COURT, WAUWATOSA WI 53226
Stephen J Schmidt director C/O WAUWATOSA HOLDINGS, INC., 11200 WEST PLANK COURT, WAUWATOSA WI 53226-3250
Kevin P Gillespie officer: Subsidary COO 626 SANCTUARY LANE, DELAFIELD WI 53018
Allan Robert Hosack officer: CFO W73 N397 GREYSTONE DRIVE, CEDARBURG WI 53012