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UMB Financial (UMB Financial) Cyclically Adjusted PS Ratio : 3.34 (As of Apr. 27, 2024)


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What is UMB Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), UMB Financial's current share price is $83.17. UMB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $24.93. UMB Financial's Cyclically Adjusted PS Ratio for today is 3.34.

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

UMBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.23   Med: 3.67   Max: 5.11
Current: 3.36

During the past years, UMB Financial's highest Cyclically Adjusted PS Ratio was 5.11. The lowest was 2.23. And the median was 3.67.

UMBF's Cyclically Adjusted PS Ratio is ranked worse than
72.89% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs UMBF: 3.36

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.

UMB Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.855. 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 $24.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


UMB Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UMB 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.

UMB Financial Cyclically Adjusted PS Ratio Chart

UMB 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 3.63 3.46 4.87 3.52 3.35

UMB 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 3.52 2.38 2.47 2.49 3.35

Competitive Comparison of UMB Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, UMB 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.


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

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

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



UMB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.17/24.93
=3.34

* 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.

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

For example, UMB 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)
=6.855/129.4194*129.4194
=6.855

Current CPI (Dec. 2023) = 129.4194.

UMB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.210 99.695 5.465
201406 4.411 100.560 5.677
201409 4.309 100.428 5.553
201412 4.083 99.070 5.334
201503 4.358 99.621 5.662
201506 4.276 100.684 5.496
201509 4.098 100.392 5.283
201512 2.609 99.792 3.384
201603 4.426 100.470 5.701
201606 4.266 101.688 5.429
201609 4.346 101.861 5.522
201612 4.358 101.863 5.537
201703 4.478 102.862 5.634
201706 4.653 103.349 5.827
201709 4.593 104.136 5.708
201712 4.750 104.011 5.910
201803 4.761 105.290 5.852
201806 4.696 106.317 5.716
201809 4.701 106.507 5.712
201812 4.887 105.998 5.967
201903 5.200 107.251 6.275
201906 5.180 108.070 6.203
201909 5.166 108.329 6.172
201912 5.392 108.420 6.436
202003 5.219 108.902 6.202
202006 5.835 108.767 6.943
202009 5.820 109.815 6.859
202012 8.358 109.897 9.843
202103 5.825 111.754 6.746
202106 6.399 114.631 7.225
202109 6.079 115.734 6.798
202112 6.236 117.630 6.861
202203 6.328 121.301 6.752
202206 7.723 125.017 7.995
202209 6.881 125.227 7.111
202212 6.959 125.222 7.192
202303 7.006 127.348 7.120
202306 6.756 128.729 6.792
202309 6.577 129.860 6.555
202312 6.855 129.419 6.855

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.


UMB Financial  (NAS:UMBF) 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.


UMB Financial Cyclically Adjusted PS Ratio Related Terms

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


UMB Financial (UMB Financial) Business Description

Traded in Other Exchanges
Address
1010 Grand Boulevard, Kansas, MO, USA, 64106
UMB Financial Corp, or UMBF, is a financial services holding company offering a suite of banking, asset management, and health spending solutions. Its customer base includes commercial, institutional, and personal customers across the United States. The company's banking subsidiaries own and operate banking and wealth-management centres mostly throughout the Midwest and Southwest regions of the U.S. Subsidiaries of the holding company and its lead bank, UMB Bank, include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisory. The bank's revenue is split nearly evenly between interest income and noninterest income.
Executives
Thomas S Terry officer: Chief Lending Officer 1010 GRAND BOULEVARD, KANSAS CITY MO 64106
Robert Brian Beaird officer: Chief Human Resource Officer 1010 GRAND BLVD, KANSAS CITY MO 64106
Uma Wilson officer: Executive Vice President 1010 GRAND BLVD, KANSAS CITY MO 64106
Shannon Andresen Johnson officer: EVP/Chief HR Officer 1010 GRAND BLVD, KANSAS CITY MO 64106
J Mariner Kemper officer: Vice Chairman 1010 GRAND BLVD., KANSAS CITY MO 64106
Abigail M Wendel officer: President - Consumer Banking 1010 GRAND BOULEVARD, KANSAS CITY MO 64106
Tamara Peterman director 1010 GRAND BLVD, KANSAS CITY MO 64106
Greg M Graves director 1010 GRAND BLVD, KANSAS CITY MO 64106
Nikki Farentino Newton officer: President, Private Wealth Mgmt 1010 GRAND BLVD, KANSAS CITY MO 64106
Timothy R. Murphy director 1524 N. CORRINGTON AVE, KANSAS CITY MO 64120
Phillip James Mason officer: President, Inst. Banking 1010 GRAND BLVD, KANSAS CITY MO 64106
Janine Davidson director 1010 GRAND BLVD, KANSAS CITY MO 64106
Lansford E. Gordon director 1001 LOCUST ST., KANSAS CITY MO 64106
Kris A Robbins director
L Joshua Sosland director