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Evans Bancorp (Evans Bancorp) Cyclically Adjusted PS Ratio : 1.73 (As of May. 24, 2024)


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What is Evans Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Evans Bancorp's current share price is $27.29. Evans Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.76. Evans Bancorp's Cyclically Adjusted PS Ratio for today is 1.73.

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

EVBN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.47   Max: 4.29
Current: 1.74

During the past years, Evans Bancorp's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 1.57. And the median was 2.47.

EVBN's Cyclically Adjusted PS Ratio is ranked better than
68.74% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs EVBN: 1.74

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.

Evans Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.931. 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 $15.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evans Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evans 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.

Evans Bancorp Cyclically Adjusted PS Ratio Chart

Evans 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 3.47 2.32 3.04 2.57 2.03

Evans 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 2.26 1.65 1.75 2.03 1.89

Competitive Comparison of Evans Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Evans 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.


Evans Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Evans 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.

Evans Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.29/15.76
=1.73

* 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.

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

For example, Evans 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)
=2.931/131.7762*131.7762
=2.931

Current CPI (Mar. 2024) = 131.7762.

Evans Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.528 100.560 3.313
201409 2.626 100.428 3.446
201412 2.056 99.070 2.735
201503 2.481 99.621 3.282
201506 2.581 100.684 3.378
201509 2.875 100.392 3.774
201512 2.635 99.792 3.480
201603 2.600 100.470 3.410
201606 2.137 101.688 2.769
201609 2.844 101.861 3.679
201612 2.601 101.863 3.365
201703 2.768 102.862 3.546
201706 2.574 103.349 3.282
201709 2.754 104.136 3.485
201712 2.642 104.011 3.347
201803 3.102 105.290 3.882
201806 3.209 106.317 3.977
201809 3.380 106.507 4.182
201812 2.752 105.998 3.421
201903 3.387 107.251 4.162
201906 3.607 108.070 4.398
201909 3.774 108.329 4.591
201912 3.334 108.420 4.052
202003 2.856 108.902 3.456
202006 3.656 108.767 4.429
202009 3.984 109.815 4.781
202012 3.911 109.897 4.690
202103 3.873 111.754 4.567
202106 4.148 114.631 4.768
202109 4.227 115.734 4.813
202112 4.402 117.630 4.931
202203 3.773 121.301 4.099
202206 4.084 125.017 4.305
202209 4.499 125.227 4.734
202212 4.305 125.222 4.530
202303 3.915 127.348 4.051
202306 3.723 128.729 3.811
202309 3.608 129.860 3.661
202312 5.974 129.419 6.083
202403 2.931 131.776 2.931

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.


Evans Bancorp  (AMEX:EVBN) 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.


Evans Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Evans Bancorp (Evans Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
6460 Main Street, Williamsville, NY, USA, 14221
Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.
Executives
Miller Robert G Jr director, officer: Pres. M&W Agency/ENB Assoc. 1845 LAKE ROAD, SILVER CREEK NY 14136
David J Nasca director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Lee C Wortham director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James director 6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
John B Connerton officer: Vice President/Controller ONE GRIMSBY DRIVE, HAMBURG NY 14075
Waring Thomas H Jr director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer director ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G. officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle director ONE GRIMSBY DRIVE, HAMBURG NY 14075

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