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Civista Bancshares (FRA:44Q) Cyclically Adjusted PS Ratio : 1.74 (As of Jun. 02, 2024)


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What is Civista Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Civista Bancshares's current share price is €13.00. Civista Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.46. Civista Bancshares's Cyclically Adjusted PS Ratio for today is 1.74.

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

FRA:44Q' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.54   Max: 3.73
Current: 1.71

During the past years, Civista Bancshares's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 0.85. And the median was 2.54.

FRA:44Q's Cyclically Adjusted PS Ratio is ranked better than
68.8% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs FRA:44Q: 1.71

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.

Civista Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.125. 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 €7.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civista Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Civista Bancshares'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.

Civista Bancshares Cyclically Adjusted PS Ratio Chart

Civista Bancshares 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 3.62 2.63 3.42 2.87 2.27

Civista Bancshares 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 2.15 2.18 1.92 2.27 1.85

Competitive Comparison of Civista Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Civista Bancshares'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.


Civista Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Civista Bancshares 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.

Civista Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.00/7.46
=1.74

* 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.

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

For example, Civista Bancshares'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)
=2.125/131.7762*131.7762
=2.125

Current CPI (Mar. 2024) = 131.7762.

Civista Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.907 100.560 1.189
201409 0.960 100.428 1.260
201412 0.997 99.070 1.326
201503 1.273 99.621 1.684
201506 1.257 100.684 1.645
201509 1.253 100.392 1.645
201512 1.277 99.792 1.686
201603 1.428 100.470 1.873
201606 1.377 101.688 1.784
201609 1.300 101.861 1.682
201612 1.338 101.863 1.731
201703 1.432 102.862 1.835
201706 1.219 103.349 1.554
201709 1.126 104.136 1.425
201712 1.210 104.011 1.533
201803 1.299 105.290 1.626
201806 1.286 106.317 1.594
201809 1.216 106.507 1.505
201812 1.310 105.998 1.629
201903 1.446 107.251 1.777
201906 1.375 108.070 1.677
201909 1.365 108.329 1.660
201912 1.420 108.420 1.726
202003 1.564 108.902 1.893
202006 1.588 108.767 1.924
202009 1.500 109.815 1.800
202012 1.588 109.897 1.904
202103 1.722 111.754 2.031
202106 1.721 114.631 1.978
202109 1.704 115.734 1.940
202112 1.758 117.630 1.969
202203 1.838 121.301 1.997
202206 1.910 125.017 2.013
202209 2.345 125.227 2.468
202212 2.618 125.222 2.755
202303 2.558 127.348 2.647
202306 2.423 128.729 2.480
202309 2.413 129.860 2.449
202312 2.323 129.419 2.365
202403 2.125 131.776 2.125

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.


Civista Bancshares  (FRA:44Q) 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.


Civista Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Civista Bancshares (FRA:44Q) Business Description

Traded in Other Exchanges
Address
100 East Water Street, P.O. Box 5016, Sandusky, OH, USA, 44870
Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Majority of its revenues are derived from the interest and fees gained on loans.

Civista Bancshares (FRA:44Q) Headlines

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