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NorthEast Community Bancorp (NorthEast Community Bancorp) Cyclically Adjusted PS Ratio : 5.12 (As of May. 14, 2024)


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What is NorthEast Community Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-14), NorthEast Community Bancorp's current share price is $17.09. NorthEast Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.34. NorthEast Community Bancorp's Cyclically Adjusted PS Ratio for today is 5.12.

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

NECB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.66   Med: 5.24   Max: 8.84
Current: 5.13

During the past years, NorthEast Community Bancorp's highest Cyclically Adjusted PS Ratio was 8.84. The lowest was 3.66. And the median was 5.24.

NECB's Cyclically Adjusted PS Ratio is ranked worse than
88.18% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs NECB: 5.13

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.

NorthEast Community Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.936. 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 $3.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NorthEast Community Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NorthEast Community Bancorp'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.

NorthEast Community Bancorp Cyclically Adjusted PS Ratio Chart

NorthEast Community Bancorp 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 - 7.44 5.20 5.84 5.57

NorthEast Community Bancorp Quarterly Data
Dec17 Dec18 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 4.81 5.14 4.82 5.57 4.71

Competitive Comparison of NorthEast Community Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, NorthEast Community Bancorp'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.


NorthEast Community Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where NorthEast Community Bancorp's Cyclically Adjusted PS Ratio falls into.



NorthEast Community Bancorp 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.

NorthEast Community Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.09/3.34
=5.12

* 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.

NorthEast Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NorthEast Community Bancorp's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.936/129.4194*129.4194
=1.936

Current CPI (Mar. 2024) = 129.4194.

NorthEast Community Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 0.374 95.235 0.508
201109 0.391 95.727 0.529
201112 0.356 95.213 0.484
201203 0.359 96.783 0.480
201206 0.390 96.819 0.521
201209 0.396 97.633 0.525
201212 0.378 96.871 0.505
201303 0.364 98.209 0.480
201306 0.362 98.518 0.476
201309 0.329 98.790 0.431
201312 0.347 98.326 0.457
201403 0.362 99.695 0.470
201406 0.373 100.560 0.480
201409 0.367 100.428 0.473
201412 0.408 99.070 0.533
201503 0.393 99.621 0.511
201506 0.400 100.684 0.514
201509 0.440 100.392 0.567
201512 0.435 99.792 0.564
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201912 0.000 108.420 0.000
202003 0.858 108.902 1.020
202006 0.834 108.767 0.992
202009 0.847 109.815 0.998
202012 0.890 109.897 1.048
202103 0.668 111.754 0.774
202106 0.689 114.631 0.778
202109 0.735 115.734 0.822
202112 0.749 117.630 0.824
202203 0.772 121.301 0.824
202206 0.903 125.017 0.935
202209 1.140 125.227 1.178
202212 1.328 125.222 1.373
202303 1.630 127.348 1.657
202306 1.700 128.729 1.709
202309 1.710 129.860 1.704
202312 2.002 129.419 2.002
202403 1.936 129.419 1.936

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.


NorthEast Community Bancorp  (NAS:NECB) 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.


NorthEast Community Bancorp Cyclically Adjusted PS Ratio Related Terms

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


NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Traded in Other Exchanges
Address
325 Hamilton Avenue, White Plains, NY, USA, 10601
NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.
Executives
Charles A Martinek director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Charles Michael Cirillo director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth H Thomas director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Linda M Swan director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth A Martinek director, officer: Chairman and CEO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
John F Mckenzie director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Patrick Omalley director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Diane B Cavanaugh director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Donald S Hom officer: EVP and CFO 325 HAMILTON AVE, WHITE PLAINS NY 10601
Jose M Collazo director, officer: President and COO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Eugene M Magier director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601