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Primis Financial (FRA:7H80) Cyclically Adjusted PS Ratio : 2.20 (As of May. 15, 2024)


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What is Primis Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Primis Financial's current share price is €9.60. Primis Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €4.36. Primis Financial's Cyclically Adjusted PS Ratio for today is 2.20.

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

FRA:7H80' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 4.46   Max: 6.65
Current: 2.23

During the past years, Primis Financial's highest Cyclically Adjusted PS Ratio was 6.65. The lowest was 1.56. And the median was 4.46.

FRA:7H80's Cyclically Adjusted PS Ratio is ranked better than
56.11% of 1194 companies
in the Banks industry
Industry Median: 2.4 vs FRA:7H80: 2.23

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.

Primis Financial's adjusted revenue per share data for the three months ended in Sep. 2023 was €1.409. 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 €4.36 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primis Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Primis 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.

Primis Financial Cyclically Adjusted PS Ratio Chart

Primis 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 4.74 3.34 3.76 2.69 -

Primis Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.69 2.12 1.81 1.72 -

Competitive Comparison of Primis Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Primis 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.


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

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

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



Primis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.60/4.36
=2.20

* 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.

Primis Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Primis Financial's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.409/129.8595*129.8595
=1.409

Current CPI (Sep. 2023) = 129.8595.

Primis Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.500 98.326 0.660
201403 0.504 99.695 0.656
201406 0.519 100.560 0.670
201409 0.595 100.428 0.769
201412 0.629 99.070 0.824
201503 0.700 99.621 0.912
201506 0.720 100.684 0.929
201509 0.697 100.392 0.902
201512 0.760 99.792 0.989
201603 0.734 100.470 0.949
201606 0.762 101.688 0.973
201609 0.774 101.861 0.987
201612 0.795 101.863 1.014
201703 0.764 102.862 0.965
201706 0.806 103.349 1.013
201709 0.909 104.136 1.134
201712 0.852 104.011 1.064
201803 0.817 105.290 1.008
201806 0.890 106.317 1.087
201809 0.868 106.507 1.058
201812 0.913 105.998 1.119
201903 0.852 107.251 1.032
201906 0.847 108.070 1.018
201909 0.866 108.329 1.038
201912 0.872 108.420 1.044
202003 0.851 108.902 1.015
202006 0.892 108.767 1.065
202009 0.876 109.815 1.036
202012 1.105 109.897 1.306
202103 0.936 111.754 1.088
202106 0.817 114.631 0.926
202109 0.882 115.734 0.990
202112 0.991 117.630 1.094
202203 0.921 121.301 0.986
202206 1.043 125.017 1.083
202209 1.351 125.227 1.401
202212 1.554 125.222 1.612
202303 1.511 127.348 1.541
202306 1.298 128.729 1.309
202309 1.409 129.860 1.409

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.


Primis Financial  (FRA:7H80) 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.


Primis Financial Cyclically Adjusted PS Ratio Related Terms

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


Primis Financial (FRA:7H80) Business Description

Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

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