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Flushing Financial (Flushing Financial) Cyclically Adjusted PS Ratio : 1.47 (As of Apr. 27, 2024)


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What is Flushing Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Flushing Financial's current share price is $11.37. Flushing Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.71. Flushing Financial's Cyclically Adjusted PS Ratio for today is 1.47.

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

FFIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 3.59   Max: 5.29
Current: 1.48

During the past years, Flushing Financial's highest Cyclically Adjusted PS Ratio was 5.29. The lowest was 1.24. And the median was 3.59.

FFIC's Cyclically Adjusted PS Ratio is ranked better than
74.83% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs FFIC: 1.48

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.

Flushing Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.804. 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 $7.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flushing Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Flushing 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.

Flushing Financial Cyclically Adjusted PS Ratio Chart

Flushing 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 3.59 2.67 3.54 2.60 2.14

Flushing 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 2.60 1.96 1.60 1.70 2.14

Competitive Comparison of Flushing Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Flushing 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.


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

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

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



Flushing 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.37/7.71
=1.47

* 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.

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

For example, Flushing 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)
=1.804/129.4194*129.4194
=1.804

Current CPI (Dec. 2023) = 129.4194.

Flushing Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.272 99.695 1.651
201406 1.290 100.560 1.660
201409 1.312 100.428 1.691
201412 1.421 99.070 1.856
201503 1.342 99.621 1.743
201506 1.420 100.684 1.825
201509 1.417 100.392 1.827
201512 1.439 99.792 1.866
201603 1.500 100.470 1.932
201606 1.577 101.688 2.007
201609 1.509 101.861 1.917
201612 1.440 101.863 1.830
201703 1.624 102.862 2.043
201706 1.564 103.349 1.959
201709 1.535 104.136 1.908
201712 1.588 104.011 1.976
201803 1.581 105.290 1.943
201806 1.589 106.317 1.934
201809 1.625 106.507 1.975
201812 1.395 105.998 1.703
201903 1.494 107.251 1.803
201906 1.476 108.070 1.768
201909 1.392 108.329 1.663
201912 1.609 108.420 1.921
202003 1.316 108.902 1.564
202006 2.164 108.767 2.575
202009 1.776 109.815 2.093
202012 1.781 109.897 2.097
202103 2.126 111.754 2.462
202106 1.826 114.631 2.062
202109 2.035 115.734 2.276
202112 1.990 117.630 2.189
202203 2.073 121.301 2.212
202206 2.330 125.017 2.412
202209 2.287 125.227 2.364
202212 1.531 125.222 1.582
202303 1.722 127.348 1.750
202306 1.608 128.729 1.617
202309 1.607 129.860 1.602
202312 1.804 129.419 1.804

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.


Flushing Financial  (NAS:FFIC) 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.


Flushing Financial Cyclically Adjusted PS Ratio Related Terms

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


Flushing Financial (Flushing Financial) Business Description

Traded in Other Exchanges
Address
220 RXR Plaza, Uniondale, NY, USA, 11556
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
Executives
Steven J Diorio director 220 RXR PLAZA, UNIONDALE NY 11556
Maria A Grasso officer: Executive VP & COO 220 RXR PLAZA, UNIONDALE NY 11556
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Francis W Korzekwinski officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Theresa Kelly officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Douglas J Mcclintock officer: SEVP 220 RXR PLAZA, UNIONDALE NY 11556
John R Buran officer: Executive Vice President & COO 220 RXR PLAZA, UNIONDALE NY 11556
Susan Cullen officer: Executive Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Thomas Buonaiuto officer: Senior Executive Vice Presiden ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Douglas C Manditch director ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Michael A Azarian director 220 RXR PLAZA, UNIONDALE NY 11556
Han Sam Sang Ki director 220 RXR PLAZA, UNIONDALE NY 11556
Donna M Obrien director 220 RXR PLAZA, UNIONDALE NY 11556
Roe John E Sr director 220 RXR PLAZA, UNIONDALE NY 11556
James Davison Bennett director 220 RXR PLAZA, UNIONDALE NY 11556