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First US Bancshares (First US Bancshares) Cyclically Adjusted PS Ratio : 1.63 (As of May. 14, 2024)


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What is First US Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-05-14), First US Bancshares's current share price is $10.96. First US Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.74. First US Bancshares's Cyclically Adjusted PS Ratio for today is 1.63.

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

FUSB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.36   Max: 2.09
Current: 1.63

During the past years, First US Bancshares's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.94. And the median was 1.36.

FUSB's Cyclically Adjusted PS Ratio is ranked better than
71.92% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs FUSB: 1.63

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.

First US Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.578. 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 $6.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First US Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for First US 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.

First US Bancshares Cyclically Adjusted PS Ratio Chart

First US 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 1.78 1.43 1.62 1.30 1.52

First US 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 1.11 1.26 1.26 1.52 1.37

Competitive Comparison of First US Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, First US 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.


First US Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



First US 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.

First US Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.96/6.74
=1.63

* 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.

First US Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, First US Bancshares's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.578/129.4194*129.4194
=1.578

Current CPI (Mar. 2024) = 129.4194.

First US Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.434 100.560 1.846
201409 1.358 100.428 1.750
201412 1.340 99.070 1.751
201503 1.267 99.621 1.646
201506 1.304 100.684 1.676
201509 1.229 100.392 1.584
201512 1.290 99.792 1.673
201603 1.192 100.470 1.535
201606 1.308 101.688 1.665
201609 1.361 101.861 1.729
201612 1.291 101.863 1.640
201703 1.248 102.862 1.570
201706 1.230 103.349 1.540
201709 1.288 104.136 1.601
201712 1.394 104.011 1.735
201803 1.287 105.290 1.582
201806 1.313 106.317 1.598
201809 1.562 106.507 1.898
201812 1.604 105.998 1.958
201903 1.521 107.251 1.835
201906 1.536 108.070 1.839
201909 1.578 108.329 1.885
201912 1.579 108.420 1.885
202003 1.502 108.902 1.785
202006 1.485 108.767 1.767
202009 1.495 109.815 1.762
202012 1.536 109.897 1.809
202103 1.489 111.754 1.724
202106 1.499 114.631 1.692
202109 1.513 115.734 1.692
202112 1.503 117.630 1.654
202203 1.422 121.301 1.517
202206 1.471 125.017 1.523
202209 1.621 125.227 1.675
202212 1.387 125.222 1.433
202303 1.610 127.348 1.636
202306 1.581 128.729 1.589
202309 1.609 129.860 1.604
202312 1.584 129.419 1.584
202403 1.578 129.419 1.578

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.


First US Bancshares  (NAS:FUSB) 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.


First US Bancshares Cyclically Adjusted PS Ratio Related Terms

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


First US Bancshares (First US Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank has two reportable operating segments namely the Bank and Acceptance Loan Company. The majority of the revenue is generated through interest earned on financial instruments, including loans and investment securities.
Executives
Robert S Briggs director
James F House director, officer: President & CEO P O BOX 249, THOMASVILLE AL 36784
David Peter Hale director 131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley officer: VP,CFO,PAO,Treas,Asst Sec P O BOX 249, THOMASVILLE AL 36784
Marlene M Mccain director P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr director
Anthony Cashio officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson director
Henderson J Samuel Iii officer: EVP, Bham Market Exec, FUSB P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook director P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller director P O BOX 249, THOMASVILLE AL 36784
Donna D Smith director P O BOX 249, THOMASVILLE AL 36784
Phillip Wheat officer: SVP,CIO/Info Sec Off of FUSB P O BOX 249, THOMASVILLE AL 36784
Strickland Alonzo A J J director
David L Saylors officer: SVP, HR Director of FUSB P O BOX 249, THOMASVILLE AL 36784

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