GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers & Merchants Bank of Long Beach (OTCPK:FMBL) » Definitions » Cyclically Adjusted PS Ratio

FMBL (Farmers & Merchants Bank of Long Beach) Cyclically Adjusted PS Ratio : 2.45 (As of May. 27, 2025)


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

What is Farmers & Merchants Bank of Long Beach Cyclically Adjusted PS Ratio?

As of today (2025-05-27), Farmers & Merchants Bank of Long Beach's current share price is $5624.73. Farmers & Merchants Bank of Long Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $2,295.17. Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio for today is 2.45.

The historical rank and industry rank for Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio or its related term are showing as below:

FMBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.92   Med: 4.24   Max: 6.23
Current: 2.45

During the past years, Farmers & Merchants Bank of Long Beach's highest Cyclically Adjusted PS Ratio was 6.23. The lowest was 1.92. And the median was 4.24.

FMBL's Cyclically Adjusted PS Ratio is ranked better than
56.52% of 1242 companies
in the Banks industry
Industry Median: 2.7 vs FMBL: 2.45

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.

Farmers & Merchants Bank of Long Beach's adjusted revenue per share data for the three months ended in Sep. 2024 was $519.152. 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 $2,295.17 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmers & Merchants Bank of Long Beach Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach'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.

Farmers & Merchants Bank of Long Beach Cyclically Adjusted PS Ratio Chart

Farmers & Merchants Bank of Long Beach 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 5.99 4.57 4.67 3.79 2.40

Farmers & Merchants Bank of Long Beach Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.29 2.40 2.19 2.11 2.33

Competitive Comparison of Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach'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.


Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio falls into.


;
;

Farmers & Merchants Bank of Long Beach 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.

Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5624.73/2295.17
=2.45

* 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.

Farmers & Merchants Bank of Long Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Farmers & Merchants Bank of Long Beach's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=519.152/133.0289*133.0289
=519.152

Current CPI (Sep. 2024) = 133.0289.

Farmers & Merchants Bank of Long Beach Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200806 30.811 92.320 44.397
200809 24.840 92.307 35.798
200812 715.507 88.697 1,073.122
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201203 379.496 96.783 521.620
201206 340.252 96.819 467.504
201209 354.130 97.633 482.516
201212 300.206 96.871 412.260
201303 351.389 98.209 475.972
201306 348.809 98.518 470.998
201309 365.748 98.790 492.510
201312 332.267 98.326 449.537
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201909 516.098 108.329 633.770
201912 515.969 108.420 633.082
202003 510.023 108.902 623.020
202006 560.798 108.767 685.889
202009 550.766 109.815 667.194
202012 576.772 109.897 698.176
202103 590.438 111.754 702.839
202106 625.289 114.631 725.643
202109 638.758 115.734 734.210
202112 622.766 117.630 704.295
202203 606.750 121.301 665.413
202206 652.465 125.017 694.280
202209 673.992 125.227 715.986
202212 641.299 125.222 681.282
202303 587.039 127.348 613.227
202306 551.262 128.729 569.677
202309 547.310 129.860 560.668
202312 527.310 129.419 542.017
202403 517.220 131.776 522.137
202406 541.264 132.554 543.204
202409 519.152 133.029 519.152

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.


Farmers & Merchants Bank of Long Beach  (OTCPK:FMBL) 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.


Farmers & Merchants Bank of Long Beach Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Farmers & Merchants Bank of Long Beach Business Description

Traded in Other Exchanges
N/A
Address
302 Pine Avenue, Long Beach, CA, USA, 90802
Farmers & Merchants Bank of Long Beach offers personal and business banking services in California. It provides business banking products and services, such as business checking accounts, money market accounts, investment accounts, merchant card services, small business loans, real estate and construction loans, commercial loans, church and nonprofit loans; and personal banking services, including personal checking accounts, personal money market accounts, personal savings accounts, and personal and home loans. The bank operates various branches across Orange County, Long Beach, the South Bay, and Santa Barbara.