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PB (Prosperity Bancshares) Cyclically Adjusted PS Ratio : 5.91 (As of Jan. 19, 2025)


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What is Prosperity Bancshares Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Prosperity Bancshares's current share price is $78.87. Prosperity Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $13.35. Prosperity Bancshares's Cyclically Adjusted PS Ratio for today is 5.91.

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

PB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.81   Med: 6.12   Max: 8.22
Current: 5.91

During the past years, Prosperity Bancshares's highest Cyclically Adjusted PS Ratio was 8.22. The lowest was 3.81. And the median was 6.12.

PB's Cyclically Adjusted PS Ratio is ranked worse than
88.41% of 1191 companies
in the Banks industry
Industry Median: 2.73 vs PB: 5.91

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.

Prosperity Bancshares's adjusted revenue per share data for the three months ended in Sep. 2024 was $3.053. 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 $13.35 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosperity Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prosperity Bancshares'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.

Prosperity Bancshares Cyclically Adjusted PS Ratio Chart

Prosperity Bancshares 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 6.80 6.32 6.04 5.65 5.13

Prosperity Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.10 5.13 4.92 4.57 5.40

Competitive Comparison of Prosperity Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Prosperity Bancshares'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.


Prosperity Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Prosperity Bancshares 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.

Prosperity Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.87/13.35
=5.91

* 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.

Prosperity Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Prosperity Bancshares's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.053/133.0289*133.0289
=3.053

Current CPI (Sep. 2024) = 133.0289.

Prosperity Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.902 99.070 3.897
201503 2.677 99.621 3.575
201506 2.634 100.684 3.480
201509 2.626 100.392 3.480
201512 2.564 99.792 3.418
201603 2.745 100.470 3.635
201606 2.627 101.688 3.437
201609 2.584 101.861 3.375
201612 2.577 101.863 3.365
201703 2.579 102.862 3.335
201706 2.530 103.349 3.257
201709 2.597 104.136 3.318
201712 2.603 104.011 3.329
201803 2.533 105.290 3.200
201806 2.661 106.317 3.330
201809 2.627 106.507 3.281
201812 2.604 105.998 3.268
201903 2.555 107.251 3.169
201906 2.577 108.070 3.172
201909 2.614 108.329 3.210
201912 3.015 108.420 3.699
202003 2.956 108.902 3.611
202006 2.946 108.767 3.603
202009 3.068 109.815 3.717
202012 3.087 109.897 3.737
202103 3.019 111.754 3.594
202106 2.929 114.631 3.399
202109 2.957 115.734 3.399
202112 2.946 117.630 3.332
202203 2.889 121.301 3.168
202206 3.016 125.017 3.209
202209 3.134 125.227 3.329
202212 3.113 125.222 3.307
202303 2.984 127.348 3.117
202306 2.861 128.729 2.957
202309 2.860 129.860 2.930
202312 2.804 129.419 2.882
202403 2.840 131.776 2.867
202406 3.057 132.554 3.068
202409 3.053 133.029 3.053

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.


Prosperity Bancshares  (NYSE:PB) 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.


Prosperity Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Prosperity Bancshares Business Description

Traded in Other Exchanges
Address
Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027
Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma.
Executives
Ned S Holmes director 55 WAUGH DRIVE, HOUSTON TX 77007
Timanus H E Jr director, officer: Executive Vice President
Leah Henderson director 15415 PRADE RANCH LANE, CYPRESS TX 77429
Robert H Steelhammer director 2100 W LOOP S STE 1400, HOUSTON TX 77027
L. Jack Lord director 4295 SAN FELIPE, HOUSTON TX 77027
Asylbek Osmonov officer: Interim CFO 4295 SAN FELIPE, HOUSTON X1 77027
Laura Murillo director 4295 SAN FELIPE, HOUSTON TX 77027
Ileana M Blanco director 4295 SAN FELIPE, HOUSTON TX 77027
George A. Fisk director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert J. Dowdell officer: Executive Vice President 4295 SAN FELIPE, HOUSTON TX 77027
David Zalman director, officer: President and Chief Executive 316 E CALHOUN, EL CAMPO TX 77437
James A Bouligny director P O BOX 1567, EL CAMPO TX 77437
Charlotte M Rasche officer: Executive Vice President 80 SUGAR CREEK CENTER BOULEVARD, SUGAR LAND TX 77478
Edward Z Safady officer: President 80 SUGAR CREEK CENTER BLVD, SUGAR LAND TX 77478
Kevin J Hanigan director, officer: President & COO LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024