GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank OZK (NAS:OZK) » Definitions » Cyclically Adjusted PS Ratio

Bank OZK (Bank OZK) Cyclically Adjusted PS Ratio : 3.98 (As of Jun. 09, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Bank OZK Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Bank OZK's current share price is $38.31. Bank OZK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.62. Bank OZK's Cyclically Adjusted PS Ratio for today is 3.98.

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

OZK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 7.03   Max: 18.32
Current: 3.98

During the past years, Bank OZK's highest Cyclically Adjusted PS Ratio was 18.32. The lowest was 2.77. And the median was 7.03.

OZK's Cyclically Adjusted PS Ratio is ranked worse than
80.29% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs OZK: 3.98

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.

Bank OZK's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.565. 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 $9.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank OZK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank OZK'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.

Bank OZK Cyclically Adjusted PS Ratio Chart

Bank OZK 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 5.57 5.17 6.68 4.98 5.41

Bank OZK 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 4.08 4.61 4.12 5.41 4.73

Competitive Comparison of Bank OZK's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank OZK'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.


Bank OZK's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank OZK 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.

Bank OZK's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.31/9.62
=3.98

* 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.

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

For example, Bank OZK'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)
=3.565/131.7762*131.7762
=3.565

Current CPI (Mar. 2024) = 131.7762.

Bank OZK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.037 100.560 1.359
201409 1.147 100.428 1.505
201412 1.325 99.070 1.762
201503 1.328 99.621 1.757
201506 1.319 100.684 1.726
201509 1.318 100.392 1.730
201512 1.520 99.792 2.007
201603 1.430 100.470 1.876
201606 1.536 101.688 1.990
201609 1.748 101.861 2.261
201612 1.832 101.863 2.370
201703 1.783 102.862 2.284
201706 1.884 103.349 2.402
201709 1.866 104.136 2.361
201712 1.886 104.011 2.389
201803 1.898 105.290 2.375
201806 1.944 106.317 2.410
201809 1.884 106.507 2.331
201812 1.977 105.998 2.458
201903 1.923 107.251 2.363
201906 1.930 108.070 2.353
201909 1.888 108.329 2.297
201912 1.887 108.420 2.294
202003 1.822 108.902 2.205
202006 1.826 108.767 2.212
202009 1.921 109.815 2.305
202012 2.040 109.897 2.446
202103 2.041 111.754 2.407
202106 2.046 114.631 2.352
202109 2.091 115.734 2.381
202112 2.355 117.630 2.638
202203 2.232 121.301 2.425
202206 2.402 125.017 2.532
202209 2.708 125.227 2.850
202212 3.094 125.222 3.256
202303 3.174 127.348 3.284
202306 3.383 128.729 3.463
202309 3.427 129.860 3.478
202312 3.655 129.419 3.722
202403 3.565 131.776 3.565

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.


Bank OZK  (NAS:OZK) 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.


Bank OZK Cyclically Adjusted PS Ratio Related Terms

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


Bank OZK (Bank OZK) Business Description

Industry
Traded in Other Exchanges
Address
18000 Cantrell Road, Little Rock, AR, USA, 72223
Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.
Executives
Kathleen M Franklin director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Bradly Rebel officer: Chief Audit Executive 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Dennis R James officer: EVP/Director of M & A 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Mullen Walter J Iii director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Timothy D Hicks officer: EVP Corporate Finance 17901 CHENAL PARKWAY, LITTLE ROCK AR 72227
John Crawford Carter officer: Director Community Bank Lend 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Edward J Wydock officer: Chief Risk Officer SUSQUEHANNA BANCSHARES, INC., 26 N CEDAR ST, LITITZ PA 17543
William A Koefoed director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Jennifer R Junker officer: Dir of Trust and Wealth Mgmt 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Matthew Reddin officer: Dir of Comm Bank Lending 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Ross M Whipple director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Catherine B Freedberg director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Peter C Kenny director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Dan Thomas officer: Chief Lending Officer 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223