GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Marin Bancorp (NAS:BMRC) » Definitions » Cyclically Adjusted PS Ratio

Bank of Marin Bancorp (Bank of Marin Bancorp) Cyclically Adjusted PS Ratio : 1.78 (As of Jun. 01, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Bank of Marin Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Bank of Marin Bancorp's current share price is $15.364. Bank of Marin Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.61. Bank of Marin Bancorp's Cyclically Adjusted PS Ratio for today is 1.78.

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

BMRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 4.3   Max: 6.59
Current: 1.79

During the past years, Bank of Marin Bancorp's highest Cyclically Adjusted PS Ratio was 6.59. The lowest was 1.71. And the median was 4.30.

BMRC's Cyclically Adjusted PS Ratio is ranked better than
67.37% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs BMRC: 1.79

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 of Marin Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.529. 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 $8.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Marin Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Marin Bancorp'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 of Marin Bancorp Cyclically Adjusted PS Ratio Chart

Bank of Marin Bancorp 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 6.33 4.70 4.76 3.93 2.58

Bank of Marin Bancorp 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 2.57 2.06 2.12 2.58 1.95

Competitive Comparison of Bank of Marin Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Marin Bancorp'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 of Marin Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Marin Bancorp 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 of Marin Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.364/8.61
=1.78

* 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 of Marin Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Marin Bancorp'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)
=1.529/131.7762*131.7762
=1.529

Current CPI (Mar. 2024) = 131.7762.

Bank of Marin Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.689 100.560 2.213
201409 1.649 100.428 2.164
201412 1.599 99.070 2.127
201503 1.553 99.621 2.054
201506 1.572 100.684 2.057
201509 1.581 100.392 2.075
201512 1.590 99.792 2.100
201603 1.708 100.470 2.240
201606 1.603 101.688 2.077
201609 1.757 101.861 2.273
201612 1.664 101.863 2.153
201703 1.599 102.862 2.048
201706 1.652 103.349 2.106
201709 1.684 104.136 2.131
201712 1.689 104.011 2.140
201803 1.722 105.290 2.155
201806 1.783 106.317 2.210
201809 1.827 106.507 2.260
201812 1.916 105.998 2.382
201903 1.840 107.251 2.261
201906 1.886 108.070 2.300
201909 1.956 108.329 2.379
201912 1.913 108.420 2.325
202003 1.995 108.902 2.414
202006 1.928 108.767 2.336
202009 1.937 109.815 2.324
202012 1.867 109.897 2.239
202103 1.771 111.754 2.088
202106 2.017 114.631 2.319
202109 2.089 115.734 2.379
202112 2.081 117.630 2.331
202203 2.055 121.301 2.232
202206 2.126 125.017 2.241
202209 2.238 125.227 2.355
202212 2.231 125.222 2.348
202303 2.046 127.348 2.117
202306 1.678 128.729 1.718
202309 1.688 129.860 1.713
202312 1.134 129.419 1.155
202403 1.529 131.776 1.529

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 of Marin Bancorp  (NAS:BMRC) 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 of Marin Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Bank of Marin Bancorp (Bank of Marin Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
504 Redwood Boulevard, Suite 100, Novato, CA, USA, 94947
Bank of Marin Bancorp is a United States-based bank holding company. It conducts business primarily through its wholly-owned subsidiary. The Bank provides a wide range of financial services to customers such as professionals, small and middle-market businesses, and individuals residing in Marin, Sonoma, Napa, San Francisco, Alameda, Contra Costa, and San Mateo counties. It offers commercial and retail deposit and lending programs, personal and business checking and savings accounts, and wealth management and trust services. The majority of its revenue comes from interest income.
Executives
Mcdevitt Jr William H director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Cigdem Gencer director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David Bonaccorso officer: Senior Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David A Bloom officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Misako Stewart officer: EVP, Chief Credit Officer 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Timothy D Myers officer: Senior Vice President 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947
Arasadi Sathis officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
David A Merck officer: Principal Accounting Officer 504 REDWOOD BOULEVARD, STE. 100, NOVATO CA 94947
Kevin R Kennedy director 504 REDWOOD BLVD STE 100, NOVATO CA 94947
H Robert Heller director 90 GILMARTIN DRIVE, TIBURON CA 94920
Charles D Fite director 8707 HAMMERSMITH LANE, FAIR OAKS CA 95628-6300
Russell A Colombo director, officer: President and CEO 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Steven I. Barlow director 504 REDWOOD BLVD., SUITE 100, NOVATO CA 94947
Sanjiv Siddharth Sanghvi director 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947