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Kearny Financial (Kearny Financial) Cyclically Adjusted PS Ratio : 2.64 (As of Apr. 27, 2024)


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What is Kearny Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kearny Financial's current share price is $5.72. Kearny Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.17. Kearny Financial's Cyclically Adjusted PS Ratio for today is 2.64.

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

KRNY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.65   Med: 11.51   Max: 19.05
Current: 2.65

During the past years, Kearny Financial's highest Cyclically Adjusted PS Ratio was 19.05. The lowest was 2.65. And the median was 11.51.

KRNY's Cyclically Adjusted PS Ratio is ranked worse than
58.11% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs KRNY: 2.65

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.

Kearny Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.318. 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 $2.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kearny Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kearny 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.

Kearny Financial Cyclically Adjusted PS Ratio Chart

Kearny Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 6.21 7.71 5.86 3.33

Kearny Financial 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 3.96 3.33 3.19 4.14 -

Competitive Comparison of Kearny Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Kearny 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.


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

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

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



Kearny 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.72/2.17
=2.64

* 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.

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

For example, Kearny 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)
=0.318/129.4194*129.4194
=0.318

Current CPI (Dec. 2023) = 129.4194.

Kearny Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.230 99.695 0.299
201406 0.227 100.560 0.292
201409 0.227 100.428 0.293
201412 0.230 99.070 0.300
201503 0.256 99.621 0.333
201506 0.252 100.684 0.324
201509 0.277 100.392 0.357
201512 0.294 99.792 0.381
201603 0.302 100.470 0.389
201606 0.307 101.688 0.391
201609 0.309 101.861 0.393
201612 0.341 101.863 0.433
201703 0.336 102.862 0.423
201706 0.361 103.349 0.452
201709 0.375 104.136 0.466
201712 0.390 104.011 0.485
201803 0.405 105.290 0.498
201806 0.448 106.317 0.545
201809 0.456 106.507 0.554
201812 0.461 105.998 0.563
201903 0.473 107.251 0.571
201906 0.465 108.070 0.557
201909 0.479 108.329 0.572
201912 0.473 108.420 0.565
202003 0.538 108.902 0.639
202006 0.563 108.767 0.670
202009 0.568 109.815 0.669
202012 0.607 109.897 0.715
202103 0.658 111.754 0.762
202106 0.677 114.631 0.764
202109 0.716 115.734 0.801
202112 0.733 117.630 0.806
202203 0.729 121.301 0.778
202206 0.794 125.017 0.822
202209 0.828 125.227 0.856
202212 0.558 125.222 0.577
202303 0.679 127.348 0.690
202306 0.689 128.729 0.693
202309 0.685 129.860 0.683
202312 0.318 129.419 0.318

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.


Kearny Financial  (NAS:KRNY) 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.


Kearny Financial Cyclically Adjusted PS Ratio Related Terms

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


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004