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Farmers National Banc (Farmers National Banc) Cyclically Adjusted PS Ratio : 2.56 (As of May. 01, 2024)


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What is Farmers National Banc Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Farmers National Banc's current share price is $11.83. Farmers National Banc's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.63. Farmers National Banc's Cyclically Adjusted PS Ratio for today is 2.56.

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

FMNB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 3.4   Max: 5.01
Current: 2.55

During the past years, Farmers National Banc's highest Cyclically Adjusted PS Ratio was 5.01. The lowest was 2.00. And the median was 3.40.

FMNB's Cyclically Adjusted PS Ratio is ranked worse than
56.12% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs FMNB: 2.55

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 National Banc's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.203. 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 $4.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmers National Banc Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Farmers National Banc'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 National Banc Cyclically Adjusted PS Ratio Chart

Farmers National Banc 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 4.72 3.76 4.68 3.24 3.12

Farmers National Banc 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 2.83 2.72 2.50 3.12 -

Competitive Comparison of Farmers National Banc's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Farmers National Banc'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 National Banc's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Farmers National Banc's Cyclically Adjusted PS Ratio falls into.



Farmers National Banc 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 National Banc's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.83/4.63
=2.56

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

For example, Farmers National Banc'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)
=1.203/129.4194*129.4194
=1.203

Current CPI (Dec. 2023) = 129.4194.

Farmers National Banc Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.654 99.695 0.849
201406 0.679 100.560 0.874
201409 0.703 100.428 0.906
201412 0.730 99.070 0.954
201503 0.707 99.621 0.918
201506 0.730 100.684 0.938
201509 0.747 100.392 0.963
201512 0.798 99.792 1.035
201603 0.802 100.470 1.033
201606 0.835 101.688 1.063
201609 0.868 101.861 1.103
201612 0.857 101.863 1.089
201703 0.857 102.862 1.078
201706 0.892 103.349 1.117
201709 0.893 104.136 1.110
201712 0.897 104.011 1.116
201803 0.894 105.290 1.099
201806 0.925 106.317 1.126
201809 0.943 106.507 1.146
201812 0.954 105.998 1.165
201903 0.946 107.251 1.142
201906 0.989 108.070 1.184
201909 1.018 108.329 1.216
201912 1.002 108.420 1.196
202003 1.051 108.902 1.249
202006 1.169 108.767 1.391
202009 1.180 109.815 1.391
202012 1.282 109.897 1.510
202103 1.249 111.754 1.446
202106 1.270 114.631 1.434
202109 1.253 115.734 1.401
202112 1.222 117.630 1.344
202203 1.195 121.301 1.275
202206 1.214 125.017 1.257
202209 1.197 125.227 1.237
202212 1.109 125.222 1.146
202303 1.240 127.348 1.260
202306 1.180 128.729 1.186
202309 1.166 129.860 1.162
202312 1.203 129.419 1.203

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 National Banc  (NAS:FMNB) 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 National Banc Cyclically Adjusted PS Ratio Related Terms

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


Farmers National Banc (Farmers National Banc) Business Description

Traded in Other Exchanges
N/A
Address
20 South Broad Street, Canfield, OH, USA, 44406
Farmers National Banc Corp is a one-bank holding company engaged in financial activities, including securities underwriting and dealing, insurance agency and underwriting activities, and merchant banking activities. It operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The company has two operating segments of business; the Bank segment, and the Trust segment, out of which the majority of its revenue is derived from the bank segment.
Executives
Mark J Wenick officer: Chief Wealth Management Office 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Gina A Richardson director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Andre Thornton director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Joseph W Sabat officer: VP/Controller 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Ralph D Macali director
Gregory C Bestic director 5415 WOODLAND PL, CANFIELD OH 44406
Edward Muransky director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Neil J Kaback director
Kevin J Helmick officer: VP/Retail Sales 20 SOUTH BROAD ST., PO BOX 555, CANFIELD OH 44406
Mark A Nicastro officer: VP/Director of Human Resources 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Amber B Wallace officer: Sr VP/Director of Marketing 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Timothy Carney officer: SEVP/Chief Banking Officer 194 WEST MAIN STREET, CORTLAND OH 44410
Nicholas D Varischetti director FOUR NORTHSHORE CENTER, 106 ISABELLA STREET, PITTSBURGH PA 15212
Michael E Matuszak officer: EVP/Chief Operating Officer 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Anne Frederick Crawford director 530 STONEYBROOK LN, CANFIELD OH 44406

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