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Cullen/Frost Bankers (FRA:CFZ) Cyclically Adjusted PS Ratio : 3.93 (As of Jun. 08, 2024)


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What is Cullen/Frost Bankers Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Cullen/Frost Bankers's current share price is €91.00. Cullen/Frost Bankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.18. Cullen/Frost Bankers's Cyclically Adjusted PS Ratio for today is 3.93.

The historical rank and industry rank for Cullen/Frost Bankers's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:CFZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.92   Med: 5.16   Max: 7.05
Current: 3.94

During the past years, Cullen/Frost Bankers's highest Cyclically Adjusted PS Ratio was 7.05. The lowest was 2.92. And the median was 5.16.

FRA:CFZ's Cyclically Adjusted PS Ratio is ranked worse than
79.78% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs FRA:CFZ: 3.94

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.

Cullen/Frost Bankers's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.166. 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 €23.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cullen/Frost Bankers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cullen/Frost Bankers'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.

Cullen/Frost Bankers Cyclically Adjusted PS Ratio Chart

Cullen/Frost Bankers 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 5.37 4.57 6.05 5.82 4.37

Cullen/Frost Bankers 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 4.45 4.45 3.70 4.37 4.40

Competitive Comparison of Cullen/Frost Bankers's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.


Cullen/Frost Bankers's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Cullen/Frost Bankers's Cyclically Adjusted PS Ratio falls into.



Cullen/Frost Bankers 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.

Cullen/Frost Bankers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.00/23.18
=3.93

* 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.

Cullen/Frost Bankers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cullen/Frost Bankers'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)
=7.166/131.7762*131.7762
=7.166

Current CPI (Mar. 2024) = 131.7762.

Cullen/Frost Bankers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.935 100.560 3.846
201409 3.141 100.428 4.121
201412 3.319 99.070 4.415
201503 3.824 99.621 5.058
201506 3.647 100.684 4.773
201509 3.804 100.392 4.993
201512 3.933 99.792 5.194
201603 4.141 100.470 5.431
201606 3.826 101.688 4.958
201609 3.903 101.861 5.049
201612 4.357 101.863 5.636
201703 4.220 102.862 5.406
201706 4.049 103.349 5.163
201709 3.909 104.136 4.947
201712 4.126 104.011 5.227
201803 4.028 105.290 5.041
201806 4.252 106.317 5.270
201809 4.348 106.507 5.380
201812 4.601 105.998 5.720
201903 4.759 107.251 5.847
201906 4.680 108.070 5.707
201909 4.920 108.329 5.985
201912 4.930 108.420 5.992
202003 6.566 108.902 7.945
202006 4.573 108.767 5.540
202009 4.413 109.815 5.296
202012 4.335 109.897 5.198
202103 4.398 111.754 5.186
202106 4.511 114.631 5.186
202109 4.500 115.734 5.124
202112 4.809 117.630 5.387
202203 4.937 121.301 5.363
202206 5.666 125.017 5.972
202209 7.130 125.227 7.503
202212 7.361 125.222 7.746
202303 7.299 127.348 7.553
202306 7.002 128.729 7.168
202309 7.168 129.860 7.274
202312 7.156 129.419 7.286
202403 7.166 131.776 7.166

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.


Cullen/Frost Bankers  (FRA:CFZ) 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.


Cullen/Frost Bankers Cyclically Adjusted PS Ratio Related Terms

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


Cullen/Frost Bankers (FRA:CFZ) Business Description

Traded in Other Exchanges
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.

Cullen/Frost Bankers (FRA:CFZ) Headlines

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