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New York Community Bancorp (FRA:QC1) Cyclically Adjusted PS Ratio : 1.07 (As of May. 10, 2024)


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What is New York Community Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-10), New York Community Bancorp's current share price is €3.2655. New York Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €3.06. New York Community Bancorp's Cyclically Adjusted PS Ratio for today is 1.07.

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

FRA:QC1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 4.11   Max: 6.3
Current: 1.08

During the past years, New York Community Bancorp's highest Cyclically Adjusted PS Ratio was 6.30. The lowest was 0.86. And the median was 4.11.

FRA:QC1's Cyclically Adjusted PS Ratio is ranked better than
84.91% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs FRA:QC1: 1.08

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.

New York Community Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.114. 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 €3.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Community Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New York Community 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.

New York Community Bancorp Cyclically Adjusted PS Ratio Chart

New York Community 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 3.94 3.60 4.02 2.76 3.09

New York Community 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 2.86 3.48 3.43 3.09 -

Competitive Comparison of New York Community Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, New York Community 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.


New York Community Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



New York Community 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.

New York Community Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.2655/3.06
=1.07

* 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.

New York Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, New York Community Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.114/129.4194*129.4194
=1.114

Current CPI (Dec. 2023) = 129.4194.

New York Community Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.547 99.695 0.710
201406 0.560 100.560 0.721
201409 0.587 100.428 0.756
201412 0.651 99.070 0.850
201503 0.720 99.621 0.935
201506 0.695 100.684 0.893
201509 0.652 100.392 0.841
201512 -0.781 99.792 -1.013
201603 0.677 100.470 0.872
201606 0.668 101.688 0.850
201609 0.661 101.861 0.840
201612 0.682 101.863 0.867
201703 0.638 102.862 0.803
201706 0.644 103.349 0.806
201709 0.663 104.136 0.824
201712 0.514 104.011 0.640
201803 0.487 105.290 0.599
201806 0.502 106.317 0.611
201809 0.478 106.507 0.581
201812 0.491 105.998 0.599
201903 0.506 107.251 0.611
201906 0.486 108.070 0.582
201909 0.492 108.329 0.588
201912 0.516 108.420 0.616
202003 0.508 108.902 0.604
202006 0.541 108.767 0.644
202009 0.543 109.815 0.640
202012 0.574 109.897 0.676
202103 0.601 111.754 0.696
202106 0.620 114.631 0.700
202109 0.609 115.734 0.681
202112 0.645 117.630 0.710
202203 0.674 121.301 0.719
202206 0.764 125.017 0.791
202209 0.743 125.227 0.768
202212 0.729 125.222 0.753
202303 0.885 127.348 0.899
202306 1.353 128.729 1.360
202309 1.347 129.860 1.342
202312 1.114 129.419 1.114

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.


New York Community Bancorp  (FRA:QC1) 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.


New York Community Bancorp Cyclically Adjusted PS Ratio Related Terms

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


New York Community Bancorp (FRA:QC1) Business Description

Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, New York, NY, USA, 11801
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.

New York Community Bancorp (FRA:QC1) Headlines

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