GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Colonial Bancorp Inc (OTCPK:FCOB) » Definitions » Cyclically Adjusted PS Ratio

1st Colonial Bancorp (1st Colonial Bancorp) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


View and export this data going back to 2000. Start your Free Trial

What is 1st Colonial Bancorp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


1st Colonial Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 1st Colonial 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.

1st Colonial Bancorp Cyclically Adjusted PS Ratio Chart

1st Colonial Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

1st Colonial Bancorp Semi-Annual Data
Jun07 Dec07 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 - - - - -

Competitive Comparison of 1st Colonial Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, 1st Colonial 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.


1st Colonial Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Colonial Bancorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 1st Colonial Bancorp's Cyclically Adjusted PS Ratio falls into.



1st Colonial 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.

1st Colonial Bancorp's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec17 is calculated as:

For example, 1st Colonial Bancorp's adjusted Revenue per Share data for the fiscal year that ended in Dec17 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=4.188/104.0111*104.0111
=4.188

Current CPI (Dec17) = 104.0111.

1st Colonial Bancorp Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200812 1.685 88.697 1.976
200912 1.812 91.111 2.069
201012 2.222 92.474 2.499
201112 2.284 95.213 2.495
201212 2.643 96.871 2.838
201312 2.285 98.326 2.417
201412 2.588 99.070 2.717
201512 3.265 99.792 3.403
201612 3.814 101.863 3.894
201712 4.188 104.011 4.188

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.


1st Colonial Bancorp  (OTCPK:FCOB) 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.


1st Colonial Bancorp Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 1st Colonial Bancorp's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Colonial Bancorp (1st Colonial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1000 Atrium Way, Suite 200, Mount Laurel, NJ, USA, 08054
1st Colonial Bancorp Inc owns and supervises the bank, a community-oriented, full-service commercial bank providing commercial and consumer financial services to businesses and individuals in Camden County, NJ, and surrounding areas. It offers personal banking, business banking, residential lending, and other services.

1st Colonial Bancorp (1st Colonial Bancorp) Headlines

No Headlines