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Glacier Bancorp (FRA:GLC) Cyclically Adjusted PS Ratio : 4.74 (As of Jun. 02, 2024)


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What is Glacier Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Glacier Bancorp's current share price is €33.60. Glacier Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.09. Glacier Bancorp's Cyclically Adjusted PS Ratio for today is 4.74.

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

FRA:GLC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.68   Med: 6.45   Max: 11.27
Current: 4.76

During the past years, Glacier Bancorp's highest Cyclically Adjusted PS Ratio was 11.27. The lowest was 3.68. And the median was 6.45.

FRA:GLC's Cyclically Adjusted PS Ratio is ranked worse than
85.2% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs FRA:GLC: 4.76

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.

Glacier Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.558. 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 €7.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glacier Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Glacier Bancorp'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.

Glacier Bancorp Cyclically Adjusted PS Ratio Chart

Glacier Bancorp 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 8.25 7.79 8.59 6.77 5.38

Glacier Bancorp 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 5.62 4.10 3.71 5.38 5.13

Competitive Comparison of Glacier Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Glacier Bancorp'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.


Glacier Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Glacier Bancorp 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.

Glacier Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.60/7.09
=4.74

* 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.

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

For example, Glacier Bancorp'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)
=1.558/131.7762*131.7762
=1.558

Current CPI (Mar. 2024) = 131.7762.

Glacier Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.865 100.560 1.134
201409 0.949 100.428 1.245
201412 0.975 99.070 1.297
201503 1.112 99.621 1.471
201506 1.109 100.684 1.451
201509 1.136 100.392 1.491
201512 1.186 99.792 1.566
201603 1.156 100.470 1.516
201606 1.190 101.688 1.542
201609 1.203 101.861 1.556
201612 1.309 101.863 1.693
201703 1.257 102.862 1.610
201706 1.273 103.349 1.623
201709 1.256 104.136 1.589
201712 1.239 104.011 1.570
201803 1.190 105.290 1.489
201806 1.396 106.317 1.730
201809 1.463 106.507 1.810
201812 1.483 105.998 1.844
201903 1.469 107.251 1.805
201906 1.528 108.070 1.863
201909 1.587 108.329 1.930
201912 1.597 108.420 1.941
202003 1.606 108.902 1.943
202006 1.741 108.767 2.109
202009 1.796 109.815 2.155
202012 1.791 109.897 2.148
202103 1.705 111.754 2.010
202106 1.635 114.631 1.880
202109 1.728 115.734 1.968
202112 1.737 117.630 1.946
202203 1.766 121.301 1.919
202206 1.857 125.017 1.957
202209 2.108 125.227 2.218
202212 1.939 125.222 2.040
202303 1.764 127.348 1.825
202306 1.636 128.729 1.675
202309 1.625 129.860 1.649
202312 1.581 129.419 1.610
202403 1.558 131.776 1.558

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.


Glacier Bancorp  (FRA:GLC) 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.


Glacier Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Glacier Bancorp (FRA:GLC) Business Description

Traded in Other Exchanges
Address
49 Commons Loop, Kalispell, MT, USA, 59901-2679
Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.

Glacier Bancorp (FRA:GLC) Headlines

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