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KRNY (Kearny Financial) PS Ratio : 3.80 (As of Dec. 12, 2024)


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What is Kearny Financial PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Kearny Financial's share price is $8.20. Kearny Financial's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $2.16. Hence, Kearny Financial's PS Ratio for today is 3.80.

Warning Sign:

Kearny Financial Corp stock PS Ratio (=3.77) is close to 2-year high of 3.83

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

KRNY' s PS Ratio Range Over the Past 10 Years
Min: 2.32   Med: 6.98   Max: 13.2
Current: 3.78

During the past 13 years, Kearny Financial's highest PS Ratio was 13.20. The lowest was 2.32. And the median was 6.98.

KRNY's PS Ratio is ranked worse than
72.3% of 1527 companies
in the Banks industry
Industry Median: 2.62 vs KRNY: 3.78

Kearny Financial's Revenue per Sharefor the three months ended in Sep. 2024 was $0.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $2.16.

Warning Sign:

Kearny Financial Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Kearny Financial was -17.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.60% per year.

During the past 13 years, Kearny Financial's highest 3-Year average Revenue per Share Growth Rate was 19.10% per year. The lowest was -12.50% per year. And the median was 9.75% per year.

Back to Basics: PS Ratio


Kearny Financial PS Ratio Historical Data

The historical data trend for Kearny Financial's 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.

Kearny Financial PS Ratio Chart

Kearny Financial Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 4.77 3.74 2.56 2.73

Kearny Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.65 3.78 2.79 2.73 3.18

Competitive Comparison of Kearny Financial's PS Ratio

For the Banks - Regional subindustry, Kearny Financial's PS Ratio, along with its competitors' market caps and 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.


Kearny Financial's PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Kearny Financial's PS Ratio falls into.



Kearny Financial PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Kearny Financial's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.20/2.159
=3.80

Kearny Financial's Share Price of today is $8.20.
Kearny Financial's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.16.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Kearny Financial  (NAS:KRNY) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Kearny Financial PS Ratio Related Terms

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


Kearny Financial Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Bilotta Anthony V Jr officer: EVP and Chief Banking Officer 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Keith Suchodolski officer: EVP and CFO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004