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Bankwell Financial Group (FRA:33W) Cyclically Adjusted PS Ratio : 2.49 (As of Jun. 01, 2024)


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What is Bankwell Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Bankwell Financial Group's current share price is €22.80. Bankwell Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.16. Bankwell Financial Group's Cyclically Adjusted PS Ratio for today is 2.49.

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

FRA:33W' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.81   Max: 5.61
Current: 2.46

During the past years, Bankwell Financial Group's highest Cyclically Adjusted PS Ratio was 5.61. The lowest was 1.93. And the median was 3.81.

FRA:33W's Cyclically Adjusted PS Ratio is ranked worse than
51.05% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs FRA:33W: 2.46

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.

Bankwell Financial Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.640. 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 €9.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bankwell Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bankwell Financial Group'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.

Bankwell Financial Group Cyclically Adjusted PS Ratio Chart

Bankwell Financial Group 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 4.43 2.85 4.22 3.34 3.06

Bankwell Financial Group 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 2.70 2.57 2.50 3.06 2.55

Competitive Comparison of Bankwell Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bankwell Financial Group'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.


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

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

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



Bankwell Financial Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/9.16
=2.49

* 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.

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

For example, Bankwell Financial Group'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)
=2.64/131.7762*131.7762
=2.640

Current CPI (Mar. 2024) = 131.7762.

Bankwell Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.142 100.560 1.497
201409 0.997 100.428 1.308
201412 1.220 99.070 1.623
201503 1.374 99.621 1.817
201506 1.464 100.684 1.916
201509 1.531 100.392 2.010
201512 1.500 99.792 1.981
201603 1.458 100.470 1.912
201606 1.517 101.688 1.966
201609 1.580 101.861 2.044
201612 1.711 101.863 2.213
201703 1.741 102.862 2.230
201706 1.704 103.349 2.173
201709 1.606 104.136 2.032
201712 1.690 104.011 2.141
201803 1.579 105.290 1.976
201806 1.656 106.317 2.053
201809 1.667 106.507 2.063
201812 1.692 105.998 2.103
201903 1.773 107.251 2.178
201906 1.696 108.070 2.068
201909 1.703 108.329 2.072
201912 1.613 108.420 1.960
202003 1.670 108.902 2.021
202006 1.636 108.767 1.982
202009 1.564 109.815 1.877
202012 1.584 109.897 1.899
202103 1.789 111.754 2.110
202106 1.925 114.631 2.213
202109 2.105 115.734 2.397
202112 2.268 117.630 2.541
202203 2.408 121.301 2.616
202206 3.103 125.017 3.271
202209 3.318 125.227 3.492
202212 3.409 125.222 3.587
202303 3.319 127.348 3.434
202306 3.083 128.729 3.156
202309 2.882 129.860 2.925
202312 2.802 129.419 2.853
202403 2.640 131.776 2.640

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.


Bankwell Financial Group  (FRA:33W) 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.


Bankwell Financial Group Cyclically Adjusted PS Ratio Related Terms

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


Bankwell Financial Group (FRA:33W) Business Description

Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

Bankwell Financial Group (FRA:33W) Headlines

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