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Virginia National Bankshares (Virginia National Bankshares) Cyclically Adjusted PS Ratio : 2.60 (As of May. 15, 2024)


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What is Virginia National Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Virginia National Bankshares's current share price is $30.47. Virginia National Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.74. Virginia National Bankshares's Cyclically Adjusted PS Ratio for today is 2.60.

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

VABK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 3.42   Max: 6.45
Current: 2.58

During the past years, Virginia National Bankshares's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 2.07. And the median was 3.42.

VABK's Cyclically Adjusted PS Ratio is ranked worse than
54.48% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs VABK: 2.58

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.

Virginia National Bankshares's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.402. 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 $11.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virginia National Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Virginia National Bankshares'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.

Virginia National Bankshares Cyclically Adjusted PS Ratio Chart

Virginia National Bankshares 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 4.24 2.85 3.56 3.14 2.93

Virginia National Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.01 2.64 2.47 2.93 -

Competitive Comparison of Virginia National Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Virginia National Bankshares'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.


Virginia National Bankshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Virginia National Bankshares's Cyclically Adjusted PS Ratio falls into.



Virginia National Bankshares 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.

Virginia National Bankshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.47/11.74
=2.60

* 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.

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

For example, Virginia National Bankshares'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)
=2.402/129.4194*129.4194
=2.402

Current CPI (Dec. 2023) = 129.4194.

Virginia National Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.590 99.695 2.064
201406 1.582 100.560 2.036
201409 1.582 100.428 2.039
201412 1.847 99.070 2.413
201503 1.667 99.621 2.166
201506 1.835 100.684 2.359
201509 2.002 100.392 2.581
201512 1.958 99.792 2.539
201603 2.133 100.470 2.748
201606 2.170 101.688 2.762
201609 2.268 101.861 2.882
201612 2.352 101.863 2.988
201703 2.274 102.862 2.861
201706 2.505 103.349 3.137
201709 2.487 104.136 3.091
201712 2.752 104.011 3.424
201803 2.762 105.290 3.395
201806 2.604 106.317 3.170
201809 2.625 106.507 3.190
201812 2.516 105.998 3.072
201903 2.426 107.251 2.927
201906 2.617 108.070 3.134
201909 2.484 108.329 2.968
201912 2.615 108.420 3.121
202003 2.615 108.902 3.108
202006 2.683 108.767 3.192
202009 2.735 109.815 3.223
202012 3.200 109.897 3.768
202103 2.571 111.754 2.977
202106 3.029 114.631 3.420
202109 3.160 115.734 3.534
202112 3.010 117.630 3.312
202203 2.559 121.301 2.730
202206 3.012 125.017 3.118
202209 3.099 125.227 3.203
202212 3.787 125.222 3.914
202303 2.909 127.348 2.956
202306 2.930 128.729 2.946
202309 2.548 129.860 2.539
202312 2.402 129.419 2.402

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.


Virginia National Bankshares  (NAS:VABK) 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.


Virginia National Bankshares Cyclically Adjusted PS Ratio Related Terms

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


Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902