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Columbia Banking System (Columbia Banking System) Cyclically Adjusted PS Ratio : 2.49 (As of Jun. 09, 2024)


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What is Columbia Banking System Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Columbia Banking System's current share price is $18.93. Columbia Banking System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.59. Columbia Banking System's Cyclically Adjusted PS Ratio for today is 2.49.

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

COLB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 2.9   Max: 4.25
Current: 2.49

During the past years, Columbia Banking System's highest Cyclically Adjusted PS Ratio was 4.25. The lowest was 2.33. And the median was 2.90.

COLB's Cyclically Adjusted PS Ratio is ranked worse than
54.28% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs COLB: 2.49

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.

Columbia Banking System's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.267. 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 $7.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbia Banking System Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Columbia Banking System'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.

Columbia Banking System Cyclically Adjusted PS Ratio Chart

Columbia Banking System 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 - - - - 3.61

Columbia Banking System 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 3.07 2.83 2.77 3.61 2.55

Competitive Comparison of Columbia Banking System's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Columbia Banking System'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.


Columbia Banking System's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Columbia Banking System's Cyclically Adjusted PS Ratio falls into.



Columbia Banking System 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.

Columbia Banking System's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.93/7.59
=2.49

* 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.

Columbia Banking System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Columbia Banking System's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.267/131.7762*131.7762
=2.267

Current CPI (Mar. 2024) = 131.7762.

Columbia Banking System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.303 100.560 1.707
201409 1.313 100.428 1.723
201412 1.248 99.070 1.660
201503 1.254 99.621 1.659
201506 1.348 100.684 1.764
201509 1.271 100.392 1.668
201512 1.310 99.792 1.730
201603 1.186 100.470 1.556
201606 1.292 101.688 1.674
201609 1.316 101.861 1.702
201612 1.367 101.863 1.768
201703 1.209 102.862 1.549
201706 1.288 103.349 1.642
201709 1.359 104.136 1.720
201712 1.328 104.011 1.683
201803 1.375 105.290 1.721
201806 1.344 106.317 1.666
201809 1.423 106.507 1.761
201812 1.377 105.998 1.712
201903 1.284 107.251 1.578
201906 1.581 108.070 1.928
201909 1.439 108.329 1.750
201912 1.407 108.420 1.710
202003 1.177 108.902 1.424
202006 1.489 108.767 1.804
202009 1.581 109.815 1.897
202012 1.630 109.897 1.955
202103 1.495 111.754 1.763
202106 1.452 114.631 1.669
202109 1.410 115.734 1.605
202112 1.459 117.630 1.634
202203 2.380 121.301 2.586
202206 2.340 125.017 2.467
202209 2.444 125.227 2.572
202212 2.622 125.222 2.759
202303 2.746 127.348 2.841
202306 2.511 128.729 2.570
202309 2.516 129.860 2.553
202312 2.486 129.419 2.531
202403 2.267 131.776 2.267

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.


Columbia Banking System  (NAS:COLB) 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.


Columbia Banking System Cyclically Adjusted PS Ratio Related Terms

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


Columbia Banking System (Columbia Banking System) Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Drew K Anderson officer: Chief Administrative Officer C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Peggy Y Fowler director C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anddria Varnado director ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124
Sheri Burns officer: Chief Human Resources Officer C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229
O'haver Cort L director, officer: Executive Chairman ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Laura Alvarez Schrag director 1301 A STREET, TACOMA WA 98402