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Associated Banc-Corp (Associated Banc-Corp) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Associated Banc-Corp Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated Banc-Corp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Associated Banc-Corp'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.

Associated Banc-Corp Cyclically Adjusted PS Ratio Chart

Associated Banc-Corp 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 3.22 2.40 2.95 2.79 2.51

Associated Banc-Corp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.79 2.12 1.89 1.97 2.51

Competitive Comparison of Associated Banc-Corp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Associated Banc-Corp'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.


Associated Banc-Corp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Associated Banc-Corp's Cyclically Adjusted PS Ratio falls into.



Associated Banc-Corp 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.

Associated Banc-Corp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Associated Banc-Corp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.02/129.4194*129.4194
=0.020

Current CPI (Dec. 2023) = 129.4194.

Associated Banc-Corp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.037 99.695 0.048
201406 0.037 100.560 0.048
201409 0.039 100.428 0.050
201412 0.039 99.070 0.051
201503 0.041 99.621 0.053
201506 0.042 100.684 0.054
201509 0.042 100.392 0.054
201512 0.042 99.792 0.054
201603 0.043 100.470 0.055
201606 0.043 101.688 0.055
201609 0.045 101.861 0.057
201612 0.045 101.863 0.057
201703 0.043 102.862 0.054
201706 0.044 103.349 0.055
201709 0.046 104.136 0.057
201712 0.044 104.011 0.055
201803 0.049 105.290 0.060
201806 0.052 106.317 0.063
201809 0.051 106.507 0.062
201812 0.051 105.998 0.062
201903 0.050 107.251 0.060
201906 0.051 108.070 0.061
201909 0.051 108.329 0.061
201912 0.048 108.420 0.057
202003 0.049 108.902 0.058
202006 0.073 108.767 0.087
202009 0.042 109.815 0.049
202012 0.043 109.897 0.051
202103 0.044 111.754 0.051
202106 0.041 114.631 0.046
202109 0.044 115.734 0.049
202112 0.044 117.630 0.048
202203 0.043 121.301 0.046
202206 0.048 125.017 0.050
202209 0.055 125.227 0.057
202212 0.058 125.222 0.060
202303 0.055 127.348 0.056
202306 0.053 128.729 0.053
202309 0.053 129.860 0.053
202312 0.020 129.419 0.020

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.


Associated Banc-Corp  (NYSE:ASBpD.PFD) 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.


Associated Banc-Corp Cyclically Adjusted PS Ratio Related Terms

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Associated Banc-Corp (Associated Banc-Corp) Business Description

Traded in Other Exchanges
Address
433 Main Street, Green Bay, WI, USA, 54301
Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.