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Old Point Financial (Old Point Financial) Cyclically Adjusted PS Ratio : 1.32 (As of Apr. 27, 2024)


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What is Old Point Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Old Point Financial's current share price is $14.55. Old Point Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.03. Old Point Financial's Cyclically Adjusted PS Ratio for today is 1.32.

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

OPOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.25   Max: 3.79
Current: 1.3

During the past years, Old Point Financial's highest Cyclically Adjusted PS Ratio was 3.79. The lowest was 1.30. And the median was 2.25.

OPOF's Cyclically Adjusted PS Ratio is ranked better than
79.39% of 1184 companies
in the Banks industry
Industry Median: 2.385 vs OPOF: 1.30

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.

Old Point Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.043. 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 $11.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Point Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Old Point 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.

Old Point Financial Cyclically Adjusted PS Ratio Chart

Old Point 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 3.01 2.08 2.39 2.58 1.63

Old Point 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 2.58 2.23 1.60 1.66 1.63

Competitive Comparison of Old Point Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Old Point 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.


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

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

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



Old Point 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.55/11.03
=1.32

* 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.

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

For example, Old Point 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)
=3.043/129.4194*129.4194
=3.043

Current CPI (Dec. 2023) = 129.4194.

Old Point Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.935 99.695 2.512
201406 1.961 100.560 2.524
201409 1.970 100.428 2.539
201412 2.014 99.070 2.631
201503 1.994 99.621 2.590
201506 2.015 100.684 2.590
201509 2.000 100.392 2.578
201512 2.017 99.792 2.616
201603 2.000 100.470 2.576
201606 2.045 101.688 2.603
201609 2.043 101.861 2.596
201612 2.041 101.863 2.593
201703 2.063 102.862 2.596
201706 2.187 103.349 2.739
201709 2.175 104.136 2.703
201712 2.183 104.011 2.716
201803 2.169 105.290 2.666
201806 2.289 106.317 2.786
201809 2.294 106.507 2.788
201812 2.302 105.998 2.811
201903 2.271 107.251 2.740
201906 2.327 108.070 2.787
201909 2.364 108.329 2.824
201912 2.255 108.420 2.692
202003 2.249 108.902 2.673
202006 2.225 108.767 2.647
202009 2.322 109.815 2.737
202012 2.501 109.897 2.945
202103 2.735 111.754 3.167
202106 2.414 114.631 2.725
202109 2.570 115.734 2.874
202112 2.528 117.630 2.781
202203 2.536 121.301 2.706
202206 2.717 125.017 2.813
202209 2.978 125.227 3.078
202212 2.871 125.222 2.967
202303 3.247 127.348 3.300
202306 3.061 128.729 3.077
202309 2.959 129.860 2.949
202312 3.043 129.419 3.043

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.


Old Point Financial  (NAS:OPOF) 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.


Old Point Financial Cyclically Adjusted PS Ratio Related Terms

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


Old Point Financial (Old Point Financial) Business Description

Traded in Other Exchanges
N/A
Address
101 East Queen Street, Hampton, VA, USA, 23669
Old Point Financial Corp functions in the financial services domain in the United States. As the holding company of The Bank and Trust, it is a nationally chartered trust and wealth management service, provider. Its suite of services includes commercial banking solutions such as loan, deposit and cash management, which are rendered through a chain of branches throughout the country. It operates through segments such as Bank, Wealth and Company.
Executives
Sarah B Golden director PO BOX 3392, HAMPTON VA 23663
Tom B Langley director PO BOX 3392, HAMPTON VA 23663
Michael A Glasser director PO BOX 3392, HAMPTON VA 23663
Joseph R Witt director, other: EVP, Corporate Banking, OPNB PO BOX 3392, HAMPTON VA 23663
Paul M Pickett officer: Chief Financial Officer PO BOX 3392, HAMPTON VA 23663
Elizabeth S Wash director 1104 WORMLEY CREEK DRIVE, YORKTOWN VA 23692
Pl Capital Advisors, Llc 10 percent owner 750 ELEVENTH STREET SOUTH, SUITE 202, NAPLES FL 34102
John Cabot Ishon director PO BOX 3392, HAMPTON VA 23663
Thacker Clark Rebekah Ellen director PO BOX 3392, HAMPTON VA 23663
Adams Stephen Conway director PO BOX 3392, HAMPTON VA 23663
Shuford Robert F Jr other: EVP/CHIEF OPERATING OFFR-OPNB PO BOX 3392, HAMPTON VA 23663
Greene Dr Arthur D director PO BOX 3392, HAMPTON VA 23663
John W Palmer 10 percent owner C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373
Richard J Lashley 10 percent owner C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Kauders A Eric Jr officer: SVP/Trust 101 E QUEEN ST, HAMPTON VA 23669

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