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Security Federal (Security Federal) Cyclically Adjusted PS Ratio : 1.69 (As of Apr. 27, 2024)


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What is Security Federal Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Security Federal's current share price is $23.00. Security Federal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.57. Security Federal's Cyclically Adjusted PS Ratio for today is 1.69.

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

SFDL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.15   Max: 3.24
Current: 1.64

During the past years, Security Federal's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 0.96. And the median was 2.15.

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

Security Federal's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.956. 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 $13.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Security Federal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Security Federal'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.

Security Federal Cyclically Adjusted PS Ratio Chart

Security Federal 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 3.08 2.29 2.66 1.97 1.69

Security Federal 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 1.97 1.89 1.88 1.70 1.69

Competitive Comparison of Security Federal's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Security Federal'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.


Security Federal's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Security Federal 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.

Security Federal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.00/13.57
=1.69

* 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.

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

For example, Security Federal'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)
=3.956/129.4194*129.4194
=3.956

Current CPI (Dec. 2023) = 129.4194.

Security Federal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.211 99.695 2.870
201406 2.297 100.560 2.956
201409 2.306 100.428 2.972
201412 2.371 99.070 3.097
201503 2.595 99.621 3.371
201506 2.274 100.684 2.923
201509 2.240 100.392 2.888
201512 2.348 99.792 3.045
201603 2.430 100.470 3.130
201606 2.392 101.688 3.044
201609 2.502 101.861 3.179
201612 2.303 101.863 2.926
201703 2.474 102.862 3.113
201706 2.405 103.349 3.012
201709 2.773 104.136 3.446
201712 2.487 104.011 3.095
201803 2.655 105.290 3.263
201806 2.606 106.317 3.172
201809 2.808 106.507 3.412
201812 2.877 105.998 3.513
201903 2.902 107.251 3.502
201906 2.950 108.070 3.533
201909 2.995 108.329 3.578
201912 2.450 108.420 2.925
202003 3.029 108.902 3.600
202006 3.050 108.767 3.629
202009 3.278 109.815 3.863
202012 3.358 109.897 3.955
202103 3.239 111.754 3.751
202106 3.108 114.631 3.509
202109 4.001 115.734 4.474
202112 3.350 117.630 3.686
202203 3.143 121.301 3.353
202206 3.337 125.017 3.455
202209 3.705 125.227 3.829
202212 3.924 125.222 4.056
202303 3.722 127.348 3.783
202306 3.388 128.729 3.406
202309 3.469 129.860 3.457
202312 3.956 129.419 3.956

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.


Security Federal  (OTCPK:SFDL) 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.


Security Federal Cyclically Adjusted PS Ratio Related Terms

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


Security Federal (Security Federal) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 810, Aiken, SC, USA, 29802
Security Federal Corp and its subsidiaries are involved in the business of providing commercial and personal banking services as well as auto, business, home, and health insurance. The primary business of the company is to accept deposits from the general public and originate commercial real estate loans, commercial business loans, consumer loans as well as mortgage loans to buy or refinance one-to-four family residential real estate. It also originates construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects. The bank also operates Security federal trust and investments that offer trust, financial planning, and financial management services.
Executives
J Chris Verens director, officer: President P O BOX 810, AIKEN SC 29802
Nathan Crowe officer: Chief Accounting Officer 238 RICHLAND AVENUE NORTHWEST, AIKEN SC 29801
Darrell R Rains officer: Chief Financial Officer P.O. BOX 15367, AUGUSTA GA 30909
Philip R. Wahl director 238 RICHLAND AVENUE NW, AIKEN SC 29801
Toole Frampton W. Iii director 238 RICHLAND AVENUE NW, AIKEN SC 29801
Robert E Alexander director P O BOX 810, AIKEN SC 29802
Richard T Harmon director, officer: Exec. VP and CLO of the Bank 238 RICHLAND AVENUE WEST, AIKEN SC 29801
Toole Gasper L Iii director, officer: VP P O BOX 810, AIKEN SC 29802
Jessica T Cummins officer: Chief Financial Officer 238 RICHLAND AVENUE WEST, AIKEN SC 29801
Thomas Lucius Moore director P O BOX 810, AIKEN SC 29802
Thomas Francis M Jr officer: Senior VP P O BOX 810, AIKEN SC 29802
William Clyburn director P O BOX 810, AIKEN SC 29802
Roy G Lindburg officer: Treasurer/CFO P O BOX 810, AIKEN SC 29802
Frank M Thomas director PO BOX 810, AIKEN SC 29802
William Barry Adams director, officer: Exec. VP-Security Federal Bank P.O. BOX 810, AIKEN SC 29802

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