GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Seacoast Banking Corp of Florida (NAS:SBCF) » Definitions » Cyclically Adjusted PS Ratio

Seacoast Banking of Florida (Seacoast Banking of Florida) Cyclically Adjusted PS Ratio : 3.65 (As of Apr. 28, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Seacoast Banking of Florida Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Seacoast Banking of Florida's current share price is $23.38. Seacoast Banking of Florida's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.40. Seacoast Banking of Florida's Cyclically Adjusted PS Ratio for today is 3.65.

The historical rank and industry rank for Seacoast Banking of Florida's Cyclically Adjusted PS Ratio or its related term are showing as below:

SBCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 3.56   Max: 7.7
Current: 3.65

During the past years, Seacoast Banking of Florida's highest Cyclically Adjusted PS Ratio was 7.70. The lowest was 0.48. And the median was 3.56.

SBCF's Cyclically Adjusted PS Ratio is ranked worse than
76.86% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs SBCF: 3.65

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.

Seacoast Banking of Florida's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.502. 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 $6.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seacoast Banking of Florida Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seacoast Banking of Florida'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.

Seacoast Banking of Florida Cyclically Adjusted PS Ratio Chart

Seacoast Banking of Florida 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 5.88 5.62 6.23 5.10 4.45

Seacoast Banking of Florida 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 5.10 3.79 3.49 3.43 4.45

Competitive Comparison of Seacoast Banking of Florida's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Seacoast Banking of Florida'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.


Seacoast Banking of Florida's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Seacoast Banking of Florida's Cyclically Adjusted PS Ratio falls into.



Seacoast Banking of Florida 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.

Seacoast Banking of Florida's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.38/6.4
=3.65

* 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.

Seacoast Banking of Florida's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Seacoast Banking of Florida'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)
=1.502/129.4194*129.4194
=1.502

Current CPI (Dec. 2023) = 129.4194.

Seacoast Banking of Florida Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.850 99.695 1.103
201406 0.870 100.560 1.120
201409 0.911 100.428 1.174
201412 0.954 99.070 1.246
201503 0.996 99.621 1.294
201506 1.038 100.684 1.334
201509 1.082 100.392 1.395
201512 1.077 99.792 1.397
201603 1.100 100.470 1.417
201606 1.150 101.688 1.464
201609 1.245 101.861 1.582
201612 1.229 101.863 1.561
201703 1.224 102.862 1.540
201706 1.248 103.349 1.563
201709 1.313 104.136 1.632
201712 1.604 104.011 1.996
201803 1.301 105.290 1.599
201806 1.312 106.317 1.597
201809 1.329 106.507 1.615
201812 1.418 105.998 1.731
201903 1.415 107.251 1.707
201906 1.419 108.070 1.699
201909 1.442 108.329 1.723
201912 1.499 108.420 1.789
202003 1.489 108.902 1.770
202006 1.543 108.767 1.836
202009 1.482 109.815 1.747
202012 1.502 109.897 1.769
202103 1.505 111.754 1.743
202106 1.451 114.631 1.638
202109 1.567 115.734 1.752
202112 1.542 117.630 1.697
202203 1.489 121.301 1.589
202206 1.592 125.017 1.648
202209 1.685 125.227 1.741
202212 1.922 125.222 1.986
202303 1.903 127.348 1.934
202306 1.737 128.729 1.746
202309 1.600 129.860 1.595
202312 1.502 129.419 1.502

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.


Seacoast Banking of Florida  (NAS:SBCF) 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.


Seacoast Banking of Florida Cyclically Adjusted PS Ratio Related Terms

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


Seacoast Banking of Florida (Seacoast Banking of Florida) Business Description

Traded in Other Exchanges
N/A
Address
815 Colorado Avenue, Stuart, FL, USA, 34994
Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.
Executives
Charles M Shaffer director, officer: Chairman, President & CEO C/O SEACOAST BANKING CORPORATION OF FL, 815 COLORADO AVE., P. O. BOX 9012, STUART FL 34995
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Stallings James C Iii officer: EVP, Chief Credit Officer P.O. BOX 9012, STUART FL 34995
Jacqueline Lynette Bradley director 5336 ISLEWORTH COUNTRY CLUB DRIVE, WINDERMERE FL 34786
Maryann Goebel director 411 NORTH NEW RIVER DRIVE EAST, UNIT 2902, FORT LAUDERDALE FL 33301
Dennis J Arczynski director 5771 HAWKES BLUFF AVENUE, DAVIE FL 33331
Thomas E Rossin director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Christopher E Fogal director 102 NE CHARLESTON OAK DRIVE, PORT ST. LUCIE FL 34983
Alvaro Monserrat director 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Shearouse Joseph B Iii director P.O. BOX 9012, STUART FL 34995
Julie H Daum director 1000 PALM WAY, NORTH PALM BEACH FL 33408
Culbreth H Gilbert Jr director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Austen Carroll officer: EVP, Chief Lending Officer P.O. BOX 9012, STUART FL 34995
Juliette Kleffel other: EVP of Subsidiary P.O. BOX 9012, STUART FL 34995
Hudson Dennis S Iii director, officer: President & CEO 815 COLORADO AVENUE, P O BOX 9012, STUART FL 34995-9012