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NTB (Bank of N.T Butterfield & Son) Cyclically Adjusted PS Ratio : 3.55 (As of May. 25, 2025)


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What is Bank of N.T Butterfield & Son Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Bank of N.T Butterfield & Son's current share price is $41.93. Bank of N.T Butterfield & Son's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $11.81. Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio for today is 3.55.

The historical rank and industry rank for Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio or its related term are showing as below:

NTB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.02   Med: 3.41   Max: 3.63
Current: 3.55

During the past years, Bank of N.T Butterfield & Son's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 3.02. And the median was 3.41.

NTB's Cyclically Adjusted PS Ratio is ranked worse than
69.67% of 1243 companies
in the Banks industry
Industry Median: 2.7 vs NTB: 3.55

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.

Bank of N.T Butterfield & Son's adjusted revenue per share data for the three months ended in Mar. 2025 was $3.390. 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 $11.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of N.T Butterfield & Son Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of N.T Butterfield & Son'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.

Bank of N.T Butterfield & Son Cyclically Adjusted PS Ratio Chart

Bank of N.T Butterfield & Son Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
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Bank of N.T Butterfield & Son Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 3.29

Competitive Comparison of Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Bank of N.T Butterfield & Son'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.


Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio falls into.


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Bank of N.T Butterfield & Son 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.

Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.93/11.81
=3.55

* 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.

Bank of N.T Butterfield & Son's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bank of N.T Butterfield & Son's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.39/134.9266*134.9266
=3.390

Current CPI (Mar. 2025) = 134.9266.

Bank of N.T Butterfield & Son Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.070 0.000
201509 2.053 100.392 2.759
201512 1.949 99.792 2.635
201603 2.040 100.470 2.740
201606 1.917 101.688 2.544
201609 2.078 101.861 2.753
201612 1.937 101.863 2.566
201703 1.932 102.862 2.534
201706 2.018 103.349 2.635
201709 2.060 104.136 2.669
201712 2.063 104.011 2.676
201803 2.150 105.290 2.755
201806 2.313 106.317 2.935
201809 2.324 106.507 2.944
201812 2.386 105.998 3.037
201903 2.455 107.251 3.089
201906 2.420 108.070 3.021
201909 2.493 108.329 3.105
201912 2.554 108.420 3.178
202003 2.568 108.902 3.182
202006 2.382 108.767 2.955
202009 2.472 109.815 3.037
202012 2.469 109.897 3.031
202103 2.439 111.754 2.945
202106 2.487 114.631 2.927
202109 2.505 115.734 2.920
202112 2.522 117.630 2.893
202203 2.540 121.301 2.825
202206 2.689 125.017 2.902
202209 2.832 125.227 3.051
202212 3.002 125.222 3.235
202303 2.945 127.348 3.120
202306 2.938 128.729 3.079
202309 2.894 129.860 3.007
202312 3.055 129.419 3.185
202403 3.019 131.776 3.091
202406 3.092 132.554 3.147
202409 3.162 133.029 3.207
202412 3.419 133.157 3.464
202503 3.390 134.927 3.390

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.


Bank of N.T Butterfield & Son  (NYSE:NTB) 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.


Bank of N.T Butterfield & Son Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Bank of N.T Butterfield & Son's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of N.T Butterfield & Son Business Description

Traded in Other Exchanges
Address
65 Front Street, Hamilton, BMU, HM 12
Bank of N.T Butterfield & Son Ltd is a full-service bank and wealth manager. It operates the business through three geographic segments, Bermuda, Cayman Islands, the Channel Islands and the UK. The company offers banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management. The company generates a majority of its revenue from Bermuda, and the Cayman Islands segments.