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Riverview Bancorp (Riverview Bancorp) Cyclically Adjusted PS Ratio : 1.64 (As of Apr. 27, 2024)


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What is Riverview Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Riverview Bancorp's current share price is $4.45. Riverview Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.71. Riverview Bancorp's Cyclically Adjusted PS Ratio for today is 1.64.

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

RVSB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.45   Max: 3.91
Current: 1.64

During the past years, Riverview Bancorp's highest Cyclically Adjusted PS Ratio was 3.91. The lowest was 0.66. And the median was 2.45.

RVSB's Cyclically Adjusted PS Ratio is ranked better than
70.61% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs RVSB: 1.64

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.

Riverview Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.586. 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 $2.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riverview Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Riverview 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.

Riverview Bancorp Cyclically Adjusted PS Ratio Chart

Riverview Bancorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 2.28 3.16 3.10 2.03

Riverview Bancorp 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 2.99 2.03 1.88 2.05 2.36

Competitive Comparison of Riverview Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Riverview 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.


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

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

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



Riverview 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.45/2.71
=1.64

* 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.

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

For example, Riverview 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)
=0.586/129.4194*129.4194
=0.586

Current CPI (Dec. 2023) = 129.4194.

Riverview Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.349 99.695 0.453
201406 0.382 100.560 0.492
201409 0.399 100.428 0.514
201412 0.400 99.070 0.523
201503 0.405 99.621 0.526
201506 0.430 100.684 0.553
201509 0.417 100.392 0.538
201512 0.440 99.792 0.571
201603 0.428 100.470 0.551
201606 0.459 101.688 0.584
201609 0.474 101.861 0.602
201612 0.480 101.863 0.610
201703 0.528 102.862 0.664
201706 0.583 103.349 0.730
201709 0.594 104.136 0.738
201712 0.605 104.011 0.753
201803 0.588 105.290 0.723
201806 0.642 106.317 0.782
201809 0.645 106.507 0.784
201812 0.638 105.998 0.779
201903 0.642 107.251 0.775
201906 0.644 108.070 0.771
201909 0.656 108.329 0.784
201912 0.643 108.420 0.768
202003 0.613 108.902 0.728
202006 0.617 108.767 0.734
202009 0.623 109.815 0.734
202012 0.642 109.897 0.756
202103 0.628 111.754 0.727
202106 0.665 114.631 0.751
202109 0.696 115.734 0.778
202112 0.684 117.630 0.753
202203 0.671 121.301 0.716
202206 0.716 125.017 0.741
202209 0.766 125.227 0.792
202212 0.775 125.222 0.801
202303 0.691 127.348 0.702
202306 0.645 128.729 0.648
202309 0.626 129.860 0.624
202312 0.586 129.419 0.586

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.


Riverview Bancorp  (NAS:RVSB) 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.


Riverview Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Riverview Bancorp (Riverview Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
900 Washington Street, Suite 900, Vancouver, WA, USA, 98660
Riverview Bancorp Inc is an American savings and loan holding company. The company through its subsidiaries engages in the business of attracting deposits and puts it to use in its market area to originate commercial business. It organizes in two operating segments, Banking Operations performed by the bank and trust and Investment Services performed by the Trust company. The company products and services include checking, saving, money market, mortgage, home equity, consumer, online banking, cash management, and others.
Executives
Robert Benke officer: EVP/CCO 900 WASHINGTON ST, STE 900, VANCOUVER WA 98660
Valerie Moreno director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Michael Sventek officer: EVP/CLO 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Stacey Graham director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bradley Carlson director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Bessie Ross Wills director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Sowers Courtney Evan officer: President/CEO - Trust Co. 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Larry Hoff director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Tracie L. Jellison officer: Chief Retail Banking Officer 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
Patricia Eby director 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660
John A Karas officer: Sr. Vice President 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Martin S. Friedman 10 percent owner, other: See Remarks below 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
David Nierenberg director 19605 NE 8TH STREET, CAMAS WA 98607
Kim J Capeloto officer: Executive Vice President 900 WASHINGTON ST., SUITE 900, VANCOUVER WA 98660
Daniel D Cox officer: EVP, Chief Credit Officer 900 WASHINGTON STREET, SUITE 900, VANCOUVER WA 98660

Riverview Bancorp (Riverview Bancorp) Headlines

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