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HCSB Financial (HCSB Financial) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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What is HCSB Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HCSB Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HCSB 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.

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HCSB Financial Cyclically Adjusted PS Ratio Chart

HCSB Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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HCSB Financial Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of HCSB Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, HCSB 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.


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

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

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



HCSB 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.

HCSB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, HCSB Financial's adjusted Revenue per Share data for the three months ended in Mar. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.006/102.8622*102.8622
=0.006

Current CPI (Mar. 2017) = 102.8622.

HCSB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200706 0.000 87.906 0.000
200709 1.169 87.964 1.367
200712 1.046 88.616 1.214
200803 1.264 90.090 1.443
200806 1.378 92.320 1.535
200809 1.332 92.307 1.484
200812 1.295 88.697 1.502
200903 1.327 89.744 1.521
200906 2.005 91.003 2.266
200909 1.647 91.120 1.859
200912 1.876 91.111 2.118
201003 1.627 91.821 1.823
201006 1.385 91.962 1.549
201009 1.356 92.162 1.513
201012 1.473 92.474 1.638
201103 1.924 94.283 2.099
201106 1.613 95.235 1.742
201109 1.291 95.727 1.387
201112 1.297 95.213 1.401
201203 1.282 96.783 1.363
201206 1.246 96.819 1.324
201209 1.397 97.633 1.472
201212 1.071 96.871 1.137
201303 0.928 98.209 0.972
201306 0.994 98.518 1.038
201309 1.019 98.790 1.061
201312 1.266 98.326 1.324
201403 0.921 99.695 0.950
201406 0.956 100.560 0.978
201409 0.905 100.428 0.927
201412 1.088 99.070 1.130
201503 0.762 99.621 0.787
201506 0.794 100.684 0.811
201509 1.010 100.392 1.035
201512 0.681 99.792 0.702
201603 0.613 100.470 0.628
201606 0.068 101.688 0.069
201609 0.007 101.861 0.007
201612 0.006 101.863 0.006
201703 0.006 102.862 0.006

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.


HCSB Financial  (OTCPK:HCFB) 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.


HCSB Financial Cyclically Adjusted PS Ratio Related Terms

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


HCSB Financial (HCSB Financial) Business Description

Traded in Other Exchanges
N/A
Address
HCSB Financial Corp is a holding company of Horry County State Bank (the Bank). The bank is a state-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation. The principal business activity of the Company is to provide commercial banking services in Horry and Georgetown Counties, South Carolina, and in Columbus and Brunswick Counties, North Carolina. It offers a full range of deposit services, including checking accounts, savings accounts, certificates of deposit, money market accounts, and IRAs. In addition, it offers a variety of loan products designed for consumers, businesses, and farmers.
Executives
John Pietrzak director WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
Gerald R Francis director 3640 RALPH ELLIS BLVD, LORIS SC 29569

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