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Customers Bancorp (Customers Bancorp) Cyclically Adjusted PS Ratio : 3.05 (As of Apr. 27, 2024)


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What is Customers Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Customers Bancorp's current share price is $46.82. Customers Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.33. Customers Bancorp's Cyclically Adjusted PS Ratio for today is 3.05.

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

CUBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.98   Max: 6.52
Current: 3.23

During the past years, Customers Bancorp's highest Cyclically Adjusted PS Ratio was 6.52. The lowest was 1.26. And the median was 2.98.

CUBI's Cyclically Adjusted PS Ratio is ranked worse than
70.95% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CUBI: 3.23

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.

Customers Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.762. 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 $15.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Customers Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Customers Bancorp'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.

Customers Bancorp Cyclically Adjusted PS Ratio Chart

Customers Bancorp 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 - 2.00 5.70 2.14 3.76

Customers Bancorp 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 2.14 1.35 2.11 2.30 3.76

Competitive Comparison of Customers Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Customers Bancorp'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.


Customers Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Customers Bancorp 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.

Customers Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.82/15.33
=3.05

* 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.

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

For example, Customers Bancorp'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)
=5.762/129.4194*129.4194
=5.762

Current CPI (Dec. 2023) = 129.4194.

Customers Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.372 99.695 1.781
201406 1.640 100.560 2.111
201409 1.680 100.428 2.165
201412 1.884 99.070 2.461
201503 1.828 99.621 2.375
201506 1.846 100.684 2.373
201509 1.942 100.392 2.504
201512 2.153 99.792 2.792
201603 2.135 100.470 2.750
201606 2.323 101.688 2.957
201609 3.080 101.861 3.913
201612 2.493 101.863 3.167
201703 2.582 102.862 3.249
201706 2.659 103.349 3.330
201709 2.618 104.136 3.254
201712 2.692 104.011 3.350
201803 2.642 105.290 3.247
201806 2.557 106.317 3.113
201809 2.031 106.507 2.468
201812 2.533 105.998 3.093
201903 2.500 107.251 3.017
201906 2.405 108.070 2.880
201909 3.116 108.329 3.723
201912 1.767 108.420 2.109
202003 2.934 108.902 3.487
202006 3.222 108.767 3.834
202009 4.142 109.815 4.881
202012 4.245 109.897 4.999
202103 4.598 111.754 5.325
202106 4.642 114.631 5.241
202109 6.933 115.734 7.753
202112 6.012 117.630 6.615
202203 5.346 121.301 5.704
202206 5.160 125.017 5.342
202209 4.399 125.227 4.546
202212 3.946 125.222 4.078
202303 5.051 127.348 5.133
202306 5.587 128.729 5.617
202309 6.829 129.860 6.806
202312 5.762 129.419 5.762

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.


Customers Bancorp  (NYSE:CUBI) 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.


Customers Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Customers Bancorp (Customers Bancorp) Business Description

Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Executives
Robert Neil Mackay director 701 READING AVENUE, WEST READING PA 19611
Glenn Hedde officer: Pres Mortgage WarehouseLending 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Jay S Sidhu director, officer: Chairman & CEO 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Velasquez Jessie John Deano officer: Chief Accounting Officer 1015 PENN AVENUE, WYOMISSING PA 19610
Philip Watkins officer: CFO Customers Bank 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Carla A Leibold officer: Principal Accounting Officer C/O 1999 K STREET, N.W., 4TH FLOOR, WASHINGTON DC 20006
Andrew Hertz Bowman officer: EVP and Chief Credit Officer 701 READING AVENUE, WEST READING PA 19611
Samvir S. Sidhu officer: Head of Corporate Development 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Rajeev V Date director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Lyle Cunningham officer: Director/Chief Lending Officer 701 READING AVENUE, WEST READING PA 19611
Bernard Bennett Banks director 701 READING AVENUE, WEST READING PA 19611
Steven Issa officer: Exec VP/Chief Lending Officer 16 LILAC STREET, CUMBERLAND RI 02864
T Lawrence Way director 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Richard A Ehst officer: President & COO 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
James T. Collins officer: Chief Administrative Officer 4520 LONGFELLOW COURT, DOYLESTOWN PA 18902