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CVB Financial (FRA:BCV) Cyclically Adjusted PS Ratio : 4.25 (As of Jun. 07, 2024)


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What is CVB Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-07), CVB Financial's current share price is €14.90. CVB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.51. CVB Financial's Cyclically Adjusted PS Ratio for today is 4.25.

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

FRA:BCV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 6.44   Max: 8.4
Current: 4.28

During the past years, CVB Financial's highest Cyclically Adjusted PS Ratio was 8.40. The lowest was 3.04. And the median was 6.44.

FRA:BCV's Cyclically Adjusted PS Ratio is ranked worse than
82.22% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs FRA:BCV: 4.28

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.

CVB Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.838. 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 €3.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVB Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CVB 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.

CVB Financial Cyclically Adjusted PS Ratio Chart

CVB 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 7.24 6.46 6.54 7.21 5.33

CVB 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 4.56 3.57 4.39 5.33 4.62

Competitive Comparison of CVB Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, CVB 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.


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

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

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



CVB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.90/3.51
=4.25

* 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.

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

For example, CVB 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)
=0.838/131.7762*131.7762
=0.838

Current CPI (Mar. 2024) = 131.7762.

CVB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.446 100.560 0.584
201409 0.509 100.428 0.668
201412 0.547 99.070 0.728
201503 0.600 99.621 0.794
201506 0.597 100.684 0.781
201509 0.623 100.392 0.818
201512 0.621 99.792 0.820
201603 0.595 100.470 0.780
201606 0.613 101.688 0.794
201609 0.589 101.861 0.762
201612 0.648 101.863 0.838
201703 0.636 102.862 0.815
201706 0.657 103.349 0.838
201709 0.623 104.136 0.788
201712 0.617 104.011 0.782
201803 0.612 105.290 0.766
201806 0.639 106.317 0.792
201809 0.695 106.507 0.860
201812 0.777 105.998 0.966
201903 0.766 107.251 0.941
201906 0.782 108.070 0.954
201909 0.779 108.329 0.948
201912 0.768 108.420 0.933
202003 0.739 108.902 0.894
202006 0.767 108.767 0.929
202009 0.720 109.815 0.864
202012 0.727 109.897 0.872
202103 0.725 111.754 0.855
202106 0.710 114.631 0.816
202109 0.713 115.734 0.812
202112 0.755 117.630 0.846
202203 0.775 121.301 0.842
202206 0.903 125.017 0.952
202209 1.049 125.227 1.104
202212 1.020 125.222 1.073
202303 0.932 127.348 0.964
202306 0.880 128.729 0.901
202309 0.929 129.860 0.943
202312 0.923 129.419 0.940
202403 0.838 131.776 0.838

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.


CVB Financial  (FRA:BCV) 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.


CVB Financial Cyclically Adjusted PS Ratio Related Terms

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


CVB Financial (FRA:BCV) Business Description

Traded in Other Exchanges
Address
701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764
CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services through approximately 58 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

CVB Financial (FRA:BCV) Headlines