GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AmeriServ Financial Inc (NAS:ASRV) » Definitions » Cyclically Adjusted PS Ratio

AmeriServ Financial (AmeriServ Financial) Cyclically Adjusted PS Ratio : 0.73 (As of Apr. 27, 2024)


View and export this data going back to 1990. Start your Free Trial

What is AmeriServ Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), AmeriServ Financial's current share price is $2.51. AmeriServ Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.42. AmeriServ Financial's Cyclically Adjusted PS Ratio for today is 0.73.

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

ASRV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.35   Max: 1.72
Current: 0.82

During the past years, AmeriServ Financial's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.70. And the median was 1.35.

ASRV's Cyclically Adjusted PS Ratio is ranked better than
90.37% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs ASRV: 0.82

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.

AmeriServ Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.662. 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 $3.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AmeriServ Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AmeriServ 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.

AmeriServ Financial Cyclically Adjusted PS Ratio Chart

AmeriServ 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 1.53 1.10 1.24 1.18 0.95

AmeriServ Financial 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 1.18 0.90 0.74 0.77 0.95

Competitive Comparison of AmeriServ Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, AmeriServ 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.


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

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

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



AmeriServ 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.51/3.42
=0.73

* 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.

AmeriServ Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AmeriServ Financial'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)
=0.662/129.4194*129.4194
=0.662

Current CPI (Dec. 2023) = 129.4194.

AmeriServ Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.638 99.695 0.828
201406 0.635 100.560 0.817
201409 0.634 100.428 0.817
201412 0.651 99.070 0.850
201503 0.669 99.621 0.869
201506 0.660 100.684 0.848
201509 0.689 100.392 0.888
201512 0.657 99.792 0.852
201603 0.635 100.470 0.818
201606 0.645 101.688 0.821
201609 0.642 101.861 0.816
201612 0.652 101.863 0.828
201703 0.649 102.862 0.817
201706 0.677 103.349 0.848
201709 0.680 104.136 0.845
201712 0.693 104.011 0.862
201803 0.681 105.290 0.837
201806 0.691 106.317 0.841
201809 0.704 106.507 0.855
201812 0.680 105.998 0.830
201903 0.694 107.251 0.837
201906 0.724 108.070 0.867
201909 0.741 108.329 0.885
201912 0.720 108.420 0.859
202003 0.736 108.902 0.875
202006 0.776 108.767 0.923
202009 0.767 109.815 0.904
202012 0.804 109.897 0.947
202103 0.837 111.754 0.969
202106 0.833 114.631 0.940
202109 0.797 115.734 0.891
202112 0.855 117.630 0.941
202203 0.822 121.301 0.877
202206 0.832 125.017 0.861
202209 0.866 125.227 0.895
202212 0.819 125.222 0.846
202303 0.876 127.348 0.890
202306 0.757 128.729 0.761
202309 0.761 129.860 0.758
202312 0.662 129.419 0.662

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.


AmeriServ Financial  (NAS:ASRV) 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.


AmeriServ Financial Cyclically Adjusted PS Ratio Related Terms

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


AmeriServ Financial (AmeriServ Financial) Business Description

Traded in Other Exchanges
N/A
Address
Main and Franklin Streets, P.O. Box 430, Johnstown, PA, USA, 15907-0430
AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.
Executives
Jeffrey A Stopko officer: Senior Vice President and CFO
Richard W. Bloomingdale director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Kim W Kunkle director
David J. Hickton director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
James T Huerth officer: EVP, Commercial Banking 102 S MAIN STREET, CULPEPER VA 22701
Amy Bradley director MAIN & FRANKLIN STREETS, P. O. BOX 430, JOHNSTOWN PA 15907
O Malley Margaret A director
Daniel A. Onorato director MAIN & FRANKLIN STREETS, P.O. BOX 430, JOHNSTOWN PA 15907
Robert L Wise director
Craig G Ford director, officer: Chairman, President & CEO
Thomas C Slater director
Young Gregor T Iv officer: President & CEO of Trust Co. C/O S&T BANCORP INC, P O BOX 190, INDIANA PA 15701
Duke Bruce E Iii director
Michael D Lynch officer: Interim SVP & CFO 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Michael R. Baylor officer: EVP & Regional President 216 FRANKLIN STREET, JOHNSTOWN PA 15901