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NBT Bancorp (NBT Bancorp) Cyclically Adjusted PS Ratio : 3.09 (As of Apr. 29, 2024)


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What is NBT Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-29), NBT Bancorp's current share price is $35.84. NBT Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.60. NBT Bancorp's Cyclically Adjusted PS Ratio for today is 3.09.

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

NBTB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.49   Med: 3.49   Max: 4.87
Current: 3.1

During the past years, NBT Bancorp's highest Cyclically Adjusted PS Ratio was 4.87. The lowest was 2.49. And the median was 3.49.

NBTB's Cyclically Adjusted PS Ratio is ranked worse than
69.13% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs NBTB: 3.10

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.

NBT Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.894. 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 $11.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NBT Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NBT 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.

NBT Bancorp Cyclically Adjusted PS Ratio Chart

NBT 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 4.31 3.34 3.71 3.90 3.61

NBT Bancorp 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 2.97 2.78 2.73 3.61 -

Competitive Comparison of NBT Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, NBT 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.


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

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

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



NBT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.84/11.6
=3.09

* 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.

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

For example, NBT 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)
=2.894/129.4194*129.4194
=2.894

Current CPI (Dec. 2023) = 129.4194.

NBT Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.960 99.695 2.544
201406 1.994 100.560 2.566
201409 2.021 100.428 2.604
201412 2.030 99.070 2.652
201503 1.967 99.621 2.555
201506 2.038 100.684 2.620
201509 2.038 100.392 2.627
201512 2.121 99.792 2.751
201603 2.110 100.470 2.718
201606 2.180 101.688 2.775
201609 2.187 101.861 2.779
201612 2.159 101.863 2.743
201703 2.187 102.862 2.752
201706 2.261 103.349 2.831
201709 2.300 104.136 2.858
201712 2.343 104.011 2.915
201803 2.352 105.290 2.891
201806 2.476 106.317 3.014
201809 2.490 106.507 3.026
201812 2.363 105.998 2.885
201903 2.512 107.251 3.031
201906 2.536 108.070 3.037
201909 2.646 108.329 3.161
201912 2.535 108.420 3.026
202003 2.529 108.902 3.005
202006 2.612 108.767 3.108
202009 2.618 109.815 3.085
202012 2.668 109.897 3.142
202103 2.632 111.754 3.048
202106 2.691 114.631 3.038
202109 2.688 115.734 3.006
202112 2.877 117.630 3.165
202203 2.826 121.301 3.015
202206 2.982 125.017 3.087
202209 3.041 125.227 3.143
202212 3.081 125.222 3.184
202303 2.913 127.348 2.960
202306 2.793 128.729 2.808
202309 2.964 129.860 2.954
202312 2.894 129.419 2.894

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.


NBT Bancorp  (NAS:NBTB) 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.


NBT Bancorp Cyclically Adjusted PS Ratio Related Terms

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


NBT Bancorp (NBT Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
52 South Broad Street, Norwich, NY, USA, 13815
NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products, as well as trust and investment services. Loans products include consumer loans, home equity loans, mortgages, business banking loans, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout the states of New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
Executives
Jason David Brown director 52 SOUTH BROAD STREET, NORWICH NY 13815
Cantele Richard J Jr officer: EVP/Strategic Integration
Amy Wiles officer: EVP, Chief Risk and Credit 52 SOUTH BROAD STREET, NORWICH NY 13815
Timothy E Delaney director 52 SOUTH BROAD STREET, NORWICH NY 13815
Scott Allen Kingsley officer: EVP & Chief Financial Officer 8365 GLEN EAGLE DRIVE, MANLIUS NY 13104
Heidi M Hoeller director 52 SOUTH BROAD STREET, NORWICH NY 13815
Shaunastar Hyle officer: EVP, Consumer Lending 52 SOUTH BROAD STREET, NORWICH NY 13815
Cynthia A Smaniotto officer: SVP, Chief HR Officer 52 SOUTH BROAD STREET, NORWICH NY 13815
Martin Randolph Sparks officer: EVP,General Counsel,Secretary 52 SOUTH BROAD STREET, NORWICH NY 13815
Martin A Dietrich director, other: Chairman, NBT Bancorp 52 SOUTH BROAD STREET, NORWICH NY 13815
Ruth H Mahoney officer: EVP/President of Wealth Mgmt 52 SOUTH BROAD STREET, NORWICH NY 13815
Matthew K Durkee officer: EVP / President of New England 52 SOUTH BROAD STREET, NORWICH NY 13815
Jack H Webb officer: EVP - Strategic Support C/O NBT BANCORP INC., 52 SOUTH BROAD STREET, NORWICH NY 13815
Johanna R Ames director 52 SOUTH BROAD STREET, NORWICH NY 13815
Robinson V Daniel Ii director 52 SOUTH BROAD STREET, NORWICH NY 13815