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MVB Financial (STU:MV6) Cyclically Adjusted PS Ratio : 1.84 (As of May. 24, 2024)


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What is MVB Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-24), MVB Financial's current share price is €16.80. MVB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.13. MVB Financial's Cyclically Adjusted PS Ratio for today is 1.84.

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

STU:MV6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.99   Max: 6.68
Current: 1.83

During the past years, MVB Financial's highest Cyclically Adjusted PS Ratio was 6.68. The lowest was 1.65. And the median was 2.99.

STU:MV6's Cyclically Adjusted PS Ratio is ranked better than
66.97% of 1190 companies
in the Banks industry
Industry Median: 2.41 vs STU:MV6: 1.83

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.

MVB Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.742. 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 €9.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MVB Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MVB 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.

* Premium members only.

MVB Financial Cyclically Adjusted PS Ratio Chart

MVB Financial 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 3.57 2.99 4.90 2.33 2.25

MVB Financial 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 2.14 2.15 2.27 2.25 2.17

Competitive Comparison of MVB Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, MVB 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.


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

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

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



MVB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.80/9.13
=1.84

* 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.

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

For example, MVB Financial'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)
=2.742/131.7762*131.7762
=2.742

Current CPI (Mar. 2024) = 131.7762.

MVB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.249 100.560 1.637
201409 1.221 100.428 1.602
201412 0.910 99.070 1.210
201503 2.057 99.621 2.721
201506 1.543 100.684 2.019
201509 1.811 100.392 2.377
201512 1.827 99.792 2.413
201603 1.673 100.470 2.194
201606 1.873 101.688 2.427
201609 1.917 101.861 2.480
201612 1.810 101.863 2.342
201703 1.704 102.862 2.183
201706 1.587 103.349 2.024
201709 1.403 104.136 1.775
201712 1.636 104.011 2.073
201803 1.251 105.290 1.566
201806 1.671 106.317 2.071
201809 1.514 106.507 1.873
201812 1.217 105.998 1.513
201903 1.473 107.251 1.810
201906 2.704 108.070 3.297
201909 2.177 108.329 2.648
201912 2.182 108.420 2.652
202003 1.926 108.902 2.331
202006 3.606 108.767 4.369
202009 1.526 109.815 1.831
202012 1.419 109.897 1.702
202103 1.606 111.754 1.894
202106 1.854 114.631 2.131
202109 1.769 115.734 2.014
202112 1.835 117.630 2.056
202203 1.980 121.301 2.151
202206 2.599 125.017 2.740
202209 2.855 125.227 3.004
202212 2.795 125.222 2.941
202303 2.654 127.348 2.746
202306 2.509 128.729 2.568
202309 2.601 129.860 2.639
202312 2.689 129.419 2.738
202403 2.742 131.776 2.742

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.


MVB Financial  (STU:MV6) 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.


MVB Financial Cyclically Adjusted PS Ratio Related Terms

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


MVB Financial (STU:MV6) Business Description

Traded in Other Exchanges
Address
301 Virginia Avenue, Fairmont, WV, USA, 26554
MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.

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