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Franklin Financial Services (Franklin Financial Services) Cyclically Adjusted PS Ratio : 2.09 (As of Apr. 29, 2024)


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What is Franklin Financial Services Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Franklin Financial Services's current share price is $30.35. Franklin Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.49. Franklin Financial Services's Cyclically Adjusted PS Ratio for today is 2.09.

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

FRAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.33   Max: 3.46
Current: 2.1

During the past years, Franklin Financial Services's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 1.62. And the median was 2.33.

FRAF's Cyclically Adjusted PS Ratio is ranked better than
58.7% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs FRAF: 2.10

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.

Franklin Financial Services's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.048. 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 $14.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Franklin Financial Services'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.

Franklin Financial Services Cyclically Adjusted PS Ratio Chart

Franklin Financial Services 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 3.36 2.28 2.59 2.62 2.18

Franklin Financial Services 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 2.11 1.94 1.97 2.18 -

Competitive Comparison of Franklin Financial Services's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Franklin Financial Services'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.


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

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

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



Franklin Financial Services 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.35/14.49
=2.09

* 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.

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

For example, Franklin Financial Services'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)
=4.048/129.4194*129.4194
=4.048

Current CPI (Dec. 2023) = 129.4194.

Franklin Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.380 99.695 3.090
201406 2.535 100.560 3.263
201409 2.526 100.428 3.255
201412 2.568 99.070 3.355
201503 2.684 99.621 3.487
201506 2.568 100.684 3.301
201509 2.573 100.392 3.317
201512 2.545 99.792 3.301
201603 2.632 100.470 3.390
201606 2.582 101.688 3.286
201609 2.637 101.861 3.350
201612 2.720 101.863 3.456
201703 2.689 102.862 3.383
201706 2.822 103.349 3.534
201709 2.799 104.136 3.479
201712 2.846 104.011 3.541
201803 2.873 105.290 3.531
201806 2.992 106.317 3.642
201809 2.996 106.507 3.641
201812 3.028 105.998 3.697
201903 2.986 107.251 3.603
201906 3.169 108.070 3.795
201909 3.220 108.329 3.847
201912 3.348 108.420 3.996
202003 3.182 108.902 3.782
202006 3.095 108.767 3.683
202009 3.141 109.815 3.702
202012 3.400 109.897 4.004
202103 3.347 111.754 3.876
202106 3.372 114.631 3.807
202109 3.505 115.734 3.919
202112 3.527 117.630 3.881
202203 3.191 121.301 3.405
202206 3.547 125.017 3.672
202209 3.926 125.227 4.057
202212 4.038 125.222 4.173
202303 3.593 127.348 3.651
202306 3.741 128.729 3.761
202309 3.983 129.860 3.970
202312 4.048 129.419 4.048

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.


Franklin Financial Services  (NAS:FRAF) 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.


Franklin Financial Services Cyclically Adjusted PS Ratio Related Terms

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


Franklin Financial Services (Franklin Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
1500 Nitterhouse Drive, Chambersburg, PA, USA, 17201-0819
Franklin Financial Services Corp is a bank holding company based in the United States. It is engaged in general commercial, retail banking and trust services normally associated with community banks. It offers a broad range of banking services to businesses, individuals, and governmental entities which includes accepting and maintaining checking, savings, and time deposit accounts, providing investment and trust services, making loans and providing safe deposit facilities. The bank also performs personal, corporate, pension and fiduciary services through its Investment and Trust Services Department.
Executives
Karen K Carmack officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Carroll Charles Benner Jr officer: COO 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Gregory A Duffey director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Mark R Hollar officer: CFO 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Kimberly Rzomp director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Timothy G Henry officer: President 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Jennings Allan E Jr director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010
Gregory I Snook director 19419 PEARL DR., HAGERSTOWN MD 21742
Kevin W Craig director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Patricia A Hanks officer: SVP 20 SOUTH MAIN STREET, PO BOX 6010, CHAMBERSBURG PA 17201
Steven M Poynot officer: COO 8004 BRIGHT LIGHT PLACE, ELLICOTT CITY MD 21043
David M Long officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Joseph C Lieb officer: SVP 2 W. MULBERRY HILL ROAD, CARLISLE PA 17013
Louis J Giustini officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
G Warren Elliott director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010

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