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Bancorp 34 (Bancorp 34) Cyclically Adjusted PS Ratio : 1.44 (As of May. 08, 2024)


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What is Bancorp 34 Cyclically Adjusted PS Ratio?

As of today (2024-05-08), Bancorp 34's current share price is $8.90. Bancorp 34's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.16. Bancorp 34's Cyclically Adjusted PS Ratio for today is 1.44.

The historical rank and industry rank for Bancorp 34's Cyclically Adjusted PS Ratio or its related term are showing as below:

BCTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 3   Max: 4.17
Current: 1.51

During the past years, Bancorp 34's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 1.34. And the median was 3.00.

BCTF's Cyclically Adjusted PS Ratio is ranked better than
74.92% of 1192 companies
in the Banks industry
Industry Median: 2.415 vs BCTF: 1.51

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.

Bancorp 34's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.220. 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 $6.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancorp 34 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bancorp 34'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.

Bancorp 34 Cyclically Adjusted PS Ratio Chart

Bancorp 34 Annual Data
Trend Jun14 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 3.37 2.36 - 2.31 1.57

Bancorp 34 Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Sep22 Dec22 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 - 2.48 2.31 1.55 1.57

Competitive Comparison of Bancorp 34's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bancorp 34'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.


Bancorp 34's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancorp 34's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bancorp 34's Cyclically Adjusted PS Ratio falls into.



Bancorp 34 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.

Bancorp 34's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.90/6.16
=1.44

* 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.

Bancorp 34's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bancorp 34'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)
=1.22/129.4194*129.4194
=1.220

Current CPI (Dec. 2023) = 129.4194.

Bancorp 34 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 0.463 86.640 0.692
200706 0.455 87.906 0.670
200709 0.513 87.964 0.755
201303 0.806 98.209 1.062
201306 0.722 98.518 0.948
201309 0.760 98.790 0.996
201312 0.745 98.326 0.981
201403 0.805 99.695 1.045
201406 0.897 100.560 1.154
201409 0.930 100.428 1.198
201412 0.859 99.070 1.122
201503 1.013 99.621 1.316
201506 1.143 100.684 1.469
201509 1.170 100.392 1.508
201512 1.389 99.792 1.801
201603 1.343 100.470 1.730
201606 1.683 101.688 2.142
201609 1.885 101.861 2.395
201612 1.860 101.863 2.363
201703 1.610 102.862 2.026
201706 1.888 103.349 2.364
201709 2.222 104.136 2.761
201712 1.986 104.011 2.471
201803 2.183 105.290 2.683
201806 1.119 106.317 1.362
201809 1.173 106.507 1.425
201812 1.081 105.998 1.320
201903 1.128 107.251 1.361
201906 1.223 108.070 1.465
201909 1.242 108.329 1.484
201912 1.115 108.420 1.331
202003 1.353 108.902 1.608
202006 1.325 108.767 1.577
202009 1.396 109.815 1.645
202012 1.599 109.897 1.883
202112 0.000 117.630 0.000
202209 1.991 125.227 2.058
202212 1.761 125.222 1.820
202309 0.884 129.860 0.881
202312 1.220 129.419 1.220

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.


Bancorp 34  (OTCPK:BCTF) 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.


Bancorp 34 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Bancorp 34's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bancorp 34 (Bancorp 34) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 East 10th Street, Suite 100, Alamogordo, NM, USA, 88310
Bancorp 34 Inc provides a variety of banking services to individuals and businesses through its branches. Its products and services are demand deposits, certificates of deposits, savings and money market accounts, commercial loans, real estate mortgage loans and credit and merchant cards and e-banking. The bank operates banking centers in Alamogordo, Las Cruces, New Mexico, Scottsdale, Arizona, and Peoria.
Executives
James Crotty officer: Co-President and CEO 500 EAST 10TH STREET, SUITE 100, ALAMOGORDO NM 88310
Elaine E. Ralls director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Van Winkle Don P. director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Wortham A. Cook director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
James D. Harris director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Randal L. Rabon director 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William P. Kauper officer: President/Dir Corp Development 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jan R Thiry officer: President and CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jill Gutierrez director, officer: CEO 500 EAST 10TH STREET, ALAMOGORDO NM 88310
William F. Burt director 500 EAST 10TH STREET, ALAMOGORDO NM 88310

Bancorp 34 (Bancorp 34) Headlines