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Bay National (Bay National) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Bay National Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bay National Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bay National'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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Bay National Cyclically Adjusted PS Ratio Chart

Bay National Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted PS Ratio
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Bay National Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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Competitive Comparison of Bay National's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bay National'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.


Bay National's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bay National 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.

Bay National's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2010 is calculated as:

For example, Bay National's adjusted Revenue per Share data for the three months ended in Mar. 2010 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2010 (Change)*Current CPI (Mar. 2010)
=0.77/91.8208*91.8208
=0.770

Current CPI (Mar. 2010) = 91.8208.

Bay National Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200006 0.000 72.737 0.000
200009 0.019 73.286 0.024
200012 0.049 73.413 0.061
200103 0.047 74.341 0.058
200106 0.157 75.100 0.192
200109 0.282 75.227 0.344
200112 0.296 74.552 0.365
200203 0.375 75.438 0.456
200206 0.474 75.902 0.573
200209 0.586 76.366 0.705
200212 0.643 76.324 0.774
200303 0.630 77.716 0.744
200306 0.600 77.505 0.711
200309 0.529 78.138 0.622
200312 0.535 77.758 0.632
200403 0.557 79.066 0.647
200406 0.622 80.037 0.714
200409 0.695 80.121 0.796
200412 0.795 80.290 0.909
200503 0.837 81.555 0.942
200506 0.946 82.062 1.059
200509 1.200 83.876 1.314
200512 1.279 83.032 1.414
200603 1.286 84.298 1.401
200606 0.000 85.606 0.000
200609 1.497 85.606 1.606
200612 -5.846 85.142 -6.305
200703 1.509 86.640 1.599
200706 1.464 87.906 1.529
200709 1.386 87.964 1.447
200712 1.318 88.616 1.366
200803 1.259 90.090 1.283
200806 1.148 92.320 1.142
200809 1.027 92.307 1.022
200812 0.923 88.697 0.956
200903 0.785 89.744 0.803
200906 0.785 91.003 0.792
200909 0.776 91.120 0.782
200912 0.740 91.111 0.746
201003 0.770 91.821 0.770

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.


Bay National  (GREY:BAYN) 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.


Bay National Cyclically Adjusted PS Ratio Related Terms

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Bay National (Bay National) Business Description

Traded in Other Exchanges
N/A
Address
2328 West Joppa Road, Lutherville, MD, USA, 21093
Bay National Corp is a bank holding company, which through National Bank, offers a complete range of commercial, private, cash management, retail, and residential mortgage banking services.

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