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Broadway Financial (Broadway Financial) Cyclically Adjusted PS Ratio : 1.09 (As of May. 29, 2024)


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What is Broadway Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Broadway Financial's current share price is $4.85. Broadway Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.46. Broadway Financial's Cyclically Adjusted PS Ratio for today is 1.09.

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

BYFC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.33   Max: 1.74
Current: 1.09

During the past years, Broadway Financial's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.08. And the median was 0.33.

BYFC's Cyclically Adjusted PS Ratio is ranked better than
85.38% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs BYFC: 1.09

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.

Broadway Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.931. 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 $4.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadway Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Broadway 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.

* Premium members only.

Broadway Financial Cyclically Adjusted PS Ratio Chart

Broadway Financial 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 0.36 0.65 1.26 1.02 1.53

Broadway Financial 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 1.27 1.52 1.76 1.53 1.24

Competitive Comparison of Broadway Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Broadway 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.


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

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

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



Broadway 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.

Broadway Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.85/4.46
=1.09

* 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.

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

For example, Broadway Financial'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)
=0.931/131.7762*131.7762
=0.931

Current CPI (Mar. 2024) = 131.7762.

Broadway Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.177 100.560 1.542
201409 1.217 100.428 1.597
201412 0.976 99.070 1.298
201503 0.987 99.621 1.306
201506 1.003 100.684 1.313
201509 1.022 100.392 1.342
201512 0.894 99.792 1.181
201603 0.884 100.470 1.159
201606 0.836 101.688 1.083
201609 0.872 101.861 1.128
201612 0.765 101.863 0.990
201703 0.976 102.862 1.250
201706 0.995 103.349 1.269
201709 1.057 104.136 1.338
201712 0.881 104.011 1.116
201803 0.868 105.290 1.086
201806 0.820 106.317 1.016
201809 0.862 106.507 1.067
201812 0.743 105.998 0.924
201903 0.961 107.251 1.181
201906 0.761 108.070 0.928
201909 0.796 108.329 0.968
201912 0.872 108.420 1.060
202003 0.918 108.902 1.111
202006 0.954 108.767 1.156
202009 1.053 109.815 1.264
202012 0.950 109.897 1.139
202103 0.868 111.754 1.024
202106 0.912 114.631 1.048
202109 0.739 115.734 0.841
202112 0.744 117.630 0.833
202203 0.822 121.301 0.893
202206 0.910 125.017 0.959
202209 0.984 125.227 1.035
202212 1.025 125.222 1.079
202303 0.955 127.348 0.988
202306 0.854 128.729 0.874
202309 0.805 129.860 0.817
202312 1.396 129.419 1.421
202403 0.931 131.776 0.931

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.


Broadway Financial  (NAS:BYFC) 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.


Broadway Financial Cyclically Adjusted PS Ratio Related Terms

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


Broadway Financial (Broadway Financial) Business Description

Traded in Other Exchanges
N/A
Address
4601 Wilshire Boulevard, Suite 150, Los Angeles, CA, USA, 90010
Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit.
Executives
Lashanya Demetrice Washington officer: EVP, Chief Credit Officer 10616 CHERYL TURN, WALDORF MD 20603
Brian E Argrett director, officer: President/CEO 12555 W. JEFFERSON BLVD., LOS ANGELES CA 90066
Thomas Andrew Nida officer: EVP, Market Executive 6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
Brenda J Battey officer: EVP/Chief Financial Officer 4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90036
Ruth Mccloud officer: EVP/COO 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Sonja Sanders Wells officer: EVP/E. Commercial Reg. Exec 540 N STREET SW, UNIT-S-103, WASHINGTON DC 20024
John Frederick Tellenbach officer: EVP, West Comm. Reg. Exec. 26838 INDIAN PEAK RD., RANCHO PALOS VERDES CA 90275
William A Longbrake director C/O WASHINGTON MUTUAL INC, 1201 THIRD AVE , WMT 1503, SEATTLE WA 98111
John Driver director 13983 ARBOLITOS DRIVE, POWAY CA 92064
City First Enterprises Inc. 10 percent owner 1 THOMAS CIRCLE NW, STE 700, WASHINGTON DC 20005
Mary Ann Donovan director 513 7TH STREET NE, WASHINGTON DC 20002
David J. Mcgrady director 1132 23RD AVENUE E., SEATTLE WA 98112
Shannan Alicia Herbert officer: EVP/Chief Credit Officer 10104 RUNNING BROOK LANE, UPPER MARLBORO MD 20772
Marie C Johns director WLR FOODS INC, P O BOX 7000, BROADWAY VA 22815
Jack T Thompson director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753