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Camden National (Camden National) Cyclically Adjusted PS Ratio : 2.55 (As of Jun. 09, 2024)


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What is Camden National Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Camden National's current share price is $32.35. Camden National's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.71. Camden National's Cyclically Adjusted PS Ratio for today is 2.55.

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

CAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.54   Max: 5.07
Current: 2.54

During the past years, Camden National's highest Cyclically Adjusted PS Ratio was 5.07. The lowest was 2.14. And the median was 3.54.

CAC's Cyclically Adjusted PS Ratio is ranked worse than
56.46% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs CAC: 2.54

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.

Camden National's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.820. 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 $12.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camden National Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Camden 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.

* Premium members only.

Camden National Cyclically Adjusted PS Ratio Chart

Camden National 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 4.66 3.48 4.29 3.44 3.01

Camden National 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 2.94 2.49 2.25 3.01 2.64

Competitive Comparison of Camden National's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Camden 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.


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

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

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



Camden 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.

Camden National's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.35/12.71
=2.55

* 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.

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

For example, Camden National'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)
=2.82/131.7762*131.7762
=2.820

Current CPI (Mar. 2024) = 131.7762.

Camden National Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.304 100.560 3.019
201409 2.269 100.428 2.977
201412 2.125 99.070 2.827
201503 2.288 99.621 3.027
201506 2.406 100.684 3.149
201509 2.331 100.392 3.060
201512 2.325 99.792 3.070
201603 2.274 100.470 2.983
201606 2.475 101.688 3.207
201609 2.496 101.861 3.229
201612 2.359 101.863 3.052
201703 2.297 102.862 2.943
201706 2.425 103.349 3.092
201709 2.489 104.136 3.150
201712 2.484 104.011 3.147
201803 2.370 105.290 2.966
201806 2.444 106.317 3.029
201809 2.557 106.507 3.164
201812 2.572 105.998 3.198
201903 2.588 107.251 3.180
201906 2.617 108.070 3.191
201909 2.711 108.329 3.298
201912 2.836 108.420 3.447
202003 2.792 108.902 3.378
202006 3.048 108.767 3.693
202009 3.080 109.815 3.696
202012 3.263 109.897 3.913
202103 3.107 111.754 3.664
202106 2.917 114.631 3.353
202109 2.983 115.734 3.396
202112 3.205 117.630 3.590
202203 3.044 121.301 3.307
202206 3.165 125.017 3.336
202209 3.173 125.227 3.339
202212 3.117 125.222 3.280
202303 2.809 127.348 2.907
202306 2.844 128.729 2.911
202309 2.489 129.860 2.526
202312 2.555 129.419 2.602
202403 2.820 131.776 2.820

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.


Camden National  (NAS:CAC) 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.


Camden National Cyclically Adjusted PS Ratio Related Terms

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


Camden National (Camden National) Business Description

Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843