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Community Financial System (FRA:CBY) Cyclically Adjusted PS Ratio : 3.56 (As of Jun. 02, 2024)


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What is Community Financial System Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Community Financial System's current share price is €42.00. Community Financial System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.81. Community Financial System's Cyclically Adjusted PS Ratio for today is 3.56.

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

FRA:CBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 5.42   Max: 7.78
Current: 3.51

During the past years, Community Financial System's highest Cyclically Adjusted PS Ratio was 7.78. The lowest was 3.04. And the median was 5.42.

FRA:CBY's Cyclically Adjusted PS Ratio is ranked worse than
74.94% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs FRA:CBY: 3.51

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.

Community Financial System's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.059. 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 €11.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Financial System Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Community Financial System'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.

Community Financial System Cyclically Adjusted PS Ratio Chart

Community Financial System 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 6.88 5.88 6.48 5.06 4.11

Community Financial System 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 4.22 3.73 3.32 4.11 3.71

Competitive Comparison of Community Financial System's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Community Financial System'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.


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

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

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



Community Financial System 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.00/11.81
=3.56

* 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.

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

For example, Community Financial System'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)
=3.059/131.7762*131.7762
=3.059

Current CPI (Mar. 2024) = 131.7762.

Community Financial System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.628 100.560 2.133
201409 1.748 100.428 2.294
201412 1.812 99.070 2.410
201503 2.000 99.621 2.646
201506 1.972 100.684 2.581
201509 2.025 100.392 2.658
201512 2.136 99.792 2.821
201603 2.137 100.470 2.803
201606 2.147 101.688 2.782
201609 2.167 101.861 2.803
201612 2.304 101.863 2.981
201703 2.269 102.862 2.907
201706 2.340 103.349 2.984
201709 2.247 104.136 2.843
201712 2.300 104.011 2.914
201803 2.238 105.290 2.801
201806 2.373 106.317 2.941
201809 2.352 106.507 2.910
201812 2.398 105.998 2.981
201903 2.423 107.251 2.977
201906 2.527 108.070 3.081
201909 2.579 108.329 3.137
201912 2.594 108.420 3.153
202003 2.565 108.902 3.104
202006 2.436 108.767 2.951
202009 2.401 109.815 2.881
202012 2.285 109.897 2.740
202103 2.360 111.754 2.783
202106 2.310 114.631 2.655
202109 2.451 115.734 2.791
202112 2.596 117.630 2.908
202203 2.674 121.301 2.905
202206 2.918 125.017 3.076
202209 3.277 125.227 3.448
202212 3.070 125.222 3.231
202303 2.148 127.348 2.223
202306 3.007 128.729 3.078
202309 3.065 129.860 3.110
202312 3.034 129.419 3.089
202403 3.059 131.776 3.059

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.


Community Financial System  (FRA:CBY) 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.


Community Financial System Cyclically Adjusted PS Ratio Related Terms

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


Community Financial System (FRA:CBY) Business Description

Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Bank System Inc is a financial holding company. The company primarily operates through two wholly-owned subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services. Community Bank's business is operating a community bank providing a broad array of banking and financial services. These are offered chiefly to retail, commercial, and municipal customers in non-metropolitan markets, including small towns in upstate New York and Northeastern Pennsylvania. The company has historically relied on acquisitions to fuel growth, in addition to growing organically. A majority of its loan portfolio is tilted toward the consumer market on an installment, line of credit, or residential mortgage loan basis. The majority of the company's net revenue is net interest income.

Community Financial System (FRA:CBY) Headlines

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