GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citba Financial Corp (OTCPK:CBAF) » Definitions » Cyclically Adjusted PS Ratio

Citba Financial (Citba Financial) Cyclically Adjusted PS Ratio : 1.84 (As of May. 14, 2024)


View and export this data going back to . Start your Free Trial

What is Citba Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Citba Financial's current share price is $22.80. Citba Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.40. Citba Financial's Cyclically Adjusted PS Ratio for today is 1.84.

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

CBAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.19   Max: 2.86
Current: 1.86

During the past years, Citba Financial's highest Cyclically Adjusted PS Ratio was 2.86. The lowest was 1.51. And the median was 2.19.

CBAF's Cyclically Adjusted PS Ratio is ranked better than
66.39% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs CBAF: 1.86

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.

Citba Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.104. 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 $12.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citba Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Citba 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.

Citba Financial Cyclically Adjusted PS Ratio Chart

Citba 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 - - 2.73 2.18 1.94

Citba Financial 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 2.01 1.87 1.80 1.94 1.85

Competitive Comparison of Citba Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Citba 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.


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

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

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



Citba 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/12.4
=1.84

* 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.

Citba Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Citba Financial's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.104/129.4194*129.4194
=3.104

Current CPI (Mar. 2024) = 129.4194.

Citba Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.047 100.560 2.634
201409 2.171 100.428 2.798
201412 1.967 99.070 2.570
201503 2.205 99.621 2.865
201506 2.260 100.684 2.905
201509 2.354 100.392 3.035
201512 2.083 99.792 2.701
201603 2.389 100.470 3.077
201606 2.245 101.688 2.857
201609 2.251 101.861 2.860
201612 2.087 101.863 2.652
201703 2.222 102.862 2.796
201706 2.351 103.349 2.944
201709 2.337 104.136 2.904
201712 2.407 104.011 2.995
201803 2.480 105.290 3.048
201806 2.531 106.317 3.081
201809 2.511 106.507 3.051
201812 2.625 105.998 3.205
201903 2.549 107.251 3.076
201906 2.550 108.070 3.054
201909 2.745 108.329 3.279
201912 2.708 108.420 3.232
202003 2.791 108.902 3.317
202006 2.792 108.767 3.322
202009 3.079 109.815 3.629
202012 2.690 109.897 3.168
202103 3.031 111.754 3.510
202106 2.732 114.631 3.084
202109 2.759 115.734 3.085
202112 2.632 117.630 2.896
202203 2.779 121.301 2.965
202206 2.929 125.017 3.032
202209 3.400 125.227 3.514
202212 3.889 125.222 4.019
202303 3.798 127.348 3.860
202306 3.556 128.729 3.575
202309 3.212 129.860 3.201
202312 3.078 129.419 3.078
202403 3.104 129.419 3.104

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.


Citba Financial  (OTCPK:CBAF) 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.


Citba Financial Cyclically Adjusted PS Ratio Related Terms

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


Citba Financial (Citba Financial) Business Description

Traded in Other Exchanges
N/A
Address
33 North Indiana Street, Mooresville, IN, USA, 46158
Citba Financial Corp is a financial service provider. It functions through its wholly-owned subsidiary. The company is a bank holding company whose principal activity is the ownership and management of the Bank. It operates under a state bank charter and provides full banking services including personal and business banking facilities such as banking, checking, savings, business checking, business saving, and commercial loans. The Bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in the United States. The Company generates revenues from Deposit Services and Card Services Income.

Citba Financial (Citba Financial) Headlines