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People's United Financial (People's United Financial) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is People's United Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


People's United Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for People's United Financial'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.

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People's United Financial Cyclically Adjusted PS Ratio Chart

People's United Financial Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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People's United Financial Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of People's United Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, People's United Financial'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.


People's United Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where People's United Financial's Cyclically Adjusted PS Ratio falls into.



People's United Financial 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.

People's United Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, People's United Financial's adjusted Revenue per Share data for the three months ended in Dec. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=1.085/117.6295*117.6295
=1.085

Current CPI (Dec. 2021) = 117.6295.

People's United Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.886 96.783 1.077
201206 0.914 96.819 1.110
201209 0.940 97.633 1.133
201212 0.953 96.871 1.157
201303 0.935 98.209 1.120
201306 0.986 98.518 1.177
201309 1.007 98.790 1.199
201312 1.019 98.326 1.219
201403 1.031 99.695 1.216
201406 1.032 100.560 1.207
201409 1.047 100.428 1.226
201412 1.054 99.070 1.251
201503 1.060 99.621 1.252
201506 1.044 100.684 1.220
201509 1.069 100.392 1.253
201512 1.072 99.792 1.264
201603 1.068 100.470 1.250
201606 1.076 101.688 1.245
201609 1.108 101.861 1.280
201612 1.076 101.863 1.243
201703 1.071 102.862 1.225
201706 1.083 103.349 1.233
201709 1.104 104.136 1.247
201712 1.108 104.011 1.253
201803 1.122 105.290 1.253
201806 1.150 106.317 1.272
201809 1.156 106.507 1.277
201812 1.129 105.998 1.253
201903 1.142 107.251 1.253
201906 1.152 108.070 1.254
201909 1.153 108.329 1.252
201912 1.192 108.420 1.293
202003 1.209 108.902 1.306
202006 1.179 108.767 1.275
202009 1.172 109.815 1.255
202012 1.153 109.897 1.234
202103 1.137 111.754 1.197
202106 1.129 114.631 1.159
202109 1.108 115.734 1.126
202112 1.085 117.630 1.085

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.


People's United Financial  (NAS:PBCT) 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.


People's United Financial Cyclically Adjusted PS Ratio Related Terms

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People's United Financial (People's United Financial) Business Description

Traded in Other Exchanges
N/A
Address
850 Main Street, Bridgeport, CT, USA, 06604
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
Executives
Jeffrey J Tengel officer: President 1900 EAST NINTH STREET, CLEVELAND OH 44114
Lee C Powlus officer: Sr Ex VP & Chief Admin Officer 850 MAIN STREET, BRIDGEPORT CT 06604
Richard M Barry officer: Chief Credit Officer 726 EXCHANGE STREET SUITE 618 BUFFALO NY 14210
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Cruger William Frank Jr. director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Kevin T. Bottomley director DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
James A Thomas director

People's United Financial (People's United Financial) Headlines

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