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Dime Community Bancshares (Dime Community Bancshares) Cyclically Adjusted PS Ratio : 2.38 (As of Jun. 06, 2024)


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What is Dime Community Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Dime Community Bancshares's current share price is $18.13. Dime Community Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.61. Dime Community Bancshares's Cyclically Adjusted PS Ratio for today is 2.38.

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

DCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.59   Max: 7.08
Current: 2.39

During the past years, Dime Community Bancshares's highest Cyclically Adjusted PS Ratio was 7.08. The lowest was 2.27. And the median was 4.59.

DCOM's Cyclically Adjusted PS Ratio is ranked better than
51.39% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs DCOM: 2.39

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.

Dime Community Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.143. 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 $7.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dime Community Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dime Community Bancshares'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.

Dime Community Bancshares Cyclically Adjusted PS Ratio Chart

Dime Community Bancshares 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 4.75 3.23 6.14 4.73 3.65

Dime Community Bancshares 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 3.26 2.47 2.73 3.65 2.53

Competitive Comparison of Dime Community Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Dime Community Bancshares'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.


Dime Community Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Dime Community Bancshares's Cyclically Adjusted PS Ratio falls into.



Dime Community Bancshares 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.

Dime Community Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.13/7.61
=2.38

* 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.

Dime Community Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dime Community Bancshares'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)
=2.143/131.7762*131.7762
=2.143

Current CPI (Mar. 2024) = 131.7762.

Dime Community Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.894 100.560 1.172
201409 0.939 100.428 1.232
201412 0.954 99.070 1.269
201503 0.926 99.621 1.225
201506 0.958 100.684 1.254
201509 0.926 100.392 1.215
201512 0.967 99.792 1.277
201603 0.987 100.470 1.295
201606 1.030 101.688 1.335
201609 1.017 101.861 1.316
201612 1.080 101.863 1.397
201703 1.046 102.862 1.340
201706 1.057 103.349 1.348
201709 1.142 104.136 1.445
201712 1.123 104.011 1.423
201803 1.101 105.290 1.378
201806 1.023 106.317 1.268
201809 1.002 106.507 1.240
201812 1.076 105.998 1.338
201903 1.047 107.251 1.286
201906 1.096 108.070 1.336
201909 1.106 108.329 1.345
201912 1.224 108.420 1.488
202003 1.991 108.902 2.409
202006 2.411 108.767 2.921
202009 2.396 109.815 2.875
202012 2.416 109.897 2.897
202103 2.056 111.754 2.424
202106 2.996 114.631 3.444
202109 2.586 115.734 2.944
202112 2.554 117.630 2.861
202203 2.454 121.301 2.666
202206 2.734 125.017 2.882
202209 2.877 125.227 3.027
202212 2.788 125.222 2.934
202303 2.484 127.348 2.570
202306 2.374 128.729 2.430
202309 2.209 129.860 2.242
202312 2.172 129.419 2.212
202403 2.143 131.776 2.143

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.


Dime Community Bancshares  (NAS:DCOM) 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.


Dime Community Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Dime Community Bancshares (Dime Community Bancshares) Business Description

Traded in Other Exchanges
Address
898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788
Dime Community Bancshares Inc operates as a holding company. It gathers deposits from customers within its market area and via the internet, and invests them in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities, obligations of the U.S. government and government- sponsored enterprises (GSEs), and corporate debt and equity securities.
Executives
Stuart H Lubow officer: President 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Judith H Germano director 898 VETERANS MEMORIAL HIGHWAY, HAUPPAUGE NY 11788
Basswood Capital Management, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Christopher J Porzelt officer: Chief Risk Officer 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Opportunity Fund Inc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVE, 10TH FL, NEW YORK NY 10017
Basswood Opportunity Partners, L.p. director, 10 percent owner, other: Director-by-Deputization BASSWOOD CAPITAL MANAGEMENT LLC, 645 MADISON AVENUE, NEW YORK NY 10022
Michael Fegan officer: Chief Technology & Ops Officer 300 CADMAN PLAZA WEST, BROOKLYN NY 11201
Kenneth J Mahon director
Paul M Aguggia director 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Mccoy Jr. Albert E director P.O. BOX 3005, BRIDGEHAMPTON NY 11932
Rosemarie Chen director 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022