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Community West Bancshares (Community West Bancshares) Cyclically Adjusted PS Ratio : 2.69 (As of Apr. 27, 2024)


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What is Community West Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Community West Bancshares's current share price is $17.83. Community West Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.63. Community West Bancshares's Cyclically Adjusted PS Ratio for today is 2.69.

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

CWBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.09   Max: 4.89
Current: 2.69

During the past years, Community West Bancshares's highest Cyclically Adjusted PS Ratio was 4.89. The lowest was 1.78. And the median was 3.09.

CWBC's Cyclically Adjusted PS Ratio is ranked worse than
58.95% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CWBC: 2.69

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.

Community West Bancshares's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.869. 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 $6.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community West Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Community West 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.

Community West Bancshares Cyclically Adjusted PS Ratio Chart

Community West 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 4.49 2.95 3.71 3.43 3.37

Community West Bancshares 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 3.24 2.38 2.14 3.37 -

Competitive Comparison of Community West Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Community West 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.


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

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

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



Community West 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.83/6.63
=2.69

* 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.

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

For example, Community West Bancshares'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)
=1.869/129.4194*129.4194
=1.869

Current CPI (Dec. 2023) = 129.4194.

Community West Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.073 99.695 1.393
201406 1.063 100.560 1.368
201409 1.056 100.428 1.361
201412 1.064 99.070 1.390
201503 1.093 99.621 1.420
201506 1.168 100.684 1.501
201509 1.067 100.392 1.376
201512 1.101 99.792 1.428
201603 1.177 100.470 1.516
201606 1.208 101.688 1.537
201609 1.154 101.861 1.466
201612 1.165 101.863 1.480
201703 1.230 102.862 1.548
201706 1.421 103.349 1.779
201709 1.277 104.136 1.587
201712 1.223 104.011 1.522
201803 1.283 105.290 1.577
201806 1.283 106.317 1.562
201809 1.301 106.507 1.581
201812 1.430 105.998 1.746
201903 1.329 107.251 1.604
201906 1.478 108.070 1.770
201909 1.446 108.329 1.728
201912 1.310 108.420 1.564
202003 1.727 108.902 2.052
202006 1.381 108.767 1.643
202009 1.425 109.815 1.679
202012 1.548 109.897 1.823
202103 1.525 111.754 1.766
202106 1.585 114.631 1.789
202109 1.669 115.734 1.866
202112 1.765 117.630 1.942
202203 1.614 121.301 1.722
202206 1.733 125.017 1.794
202209 1.823 125.227 1.884
202212 1.923 125.222 1.987
202303 1.946 127.348 1.978
202306 1.832 128.729 1.842
202309 1.855 129.860 1.849
202312 1.869 129.419 1.869

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.


Community West Bancshares  (NAS:CWBC) 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.


Community West Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Community West Bancshares (Community West Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
7100 N. Financial Drive, Suite 101, Fresno, CA, USA, 93720
Central Valley Community Bancorp offers a full range of commercial banking services to small and medium size businesses, their owners, managers, and employees in the central valley area of California. It conducts a commercial banking business, which includes accepting demand, savings and time deposits and making commercial, real estate, and consumer loans. The company also provides domestic and international wire transfer services and provides safe deposit boxes and other customary banking services. It is also engaged in internet banking which consists of inquiry, account status, bill paying, account transfers, and cash management.
Executives
Dawn M Cagle officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Jeffrey Michael Martin officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Shannon R Avrett officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
James J Kim officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Daniel J Doyle director, officer: PRESIDENT & CEO 10335 N. ARCHIE, FRESNO CA 93720
Andriana D Majarian director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Blaine Lauhon officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Patrick A Luis officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Louis C Mcmurray director, 10 percent owner 2520 NORTH ARGYLE, FRESNO CA 93727
Daniel N Cunningham director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Anthony Kenneth Ramos officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Teresa Gilio officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Dawn P Crusinberry officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
David A Kinross officer: Executive Vice President 600 POLLASKY AVENUE, CLOVIS CA 93612
Robert J Flautt director 905 SUTTER ST #100, FOLSOM CA 95630

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