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Nicolet Bankshares (Nicolet Bankshares) Cyclically Adjusted PS Ratio : 4.30 (As of May. 18, 2024)


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What is Nicolet Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Nicolet Bankshares's current share price is $83.74. Nicolet Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.48. Nicolet Bankshares's Cyclically Adjusted PS Ratio for today is 4.30.

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

NIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.98   Med: 4.21   Max: 6
Current: 4.25

During the past years, Nicolet Bankshares's highest Cyclically Adjusted PS Ratio was 6.00. The lowest was 2.98. And the median was 4.21.

NIC's Cyclically Adjusted PS Ratio is ranked worse than
81.84% of 1195 companies
in the Banks industry
Industry Median: 2.43 vs NIC: 4.25

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.

Nicolet Bankshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.392. 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 $19.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nicolet Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nicolet Bankshares'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.

Nicolet Bankshares Cyclically Adjusted PS Ratio Chart

Nicolet Bankshares 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 - - 5.35 4.40 4.23

Nicolet Bankshares 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 3.42 3.63 3.69 4.23 4.41

Competitive Comparison of Nicolet Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Nicolet Bankshares'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.


Nicolet Bankshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Nicolet Bankshares 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.

Nicolet Bankshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.74/19.48
=4.30

* 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.

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

For example, Nicolet Bankshares'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)
=5.392/131.7762*131.7762
=5.392

Current CPI (Mar. 2024) = 131.7762.

Nicolet Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.088 100.560 4.047
201409 3.365 100.428 4.415
201412 3.348 99.070 4.453
201503 3.500 99.621 4.630
201506 3.346 100.684 4.379
201509 3.229 100.392 4.238
201512 3.477 99.792 4.591
201603 3.280 100.470 4.302
201606 2.993 101.688 3.879
201609 3.282 101.861 4.246
201612 3.108 101.863 4.021
201703 3.135 102.862 4.016
201706 3.364 103.349 4.289
201709 3.512 104.136 4.444
201712 3.334 104.011 4.224
201803 3.491 105.290 4.369
201806 3.615 106.317 4.481
201809 3.778 106.507 4.674
201812 3.744 105.998 4.655
201903 3.757 107.251 4.616
201906 4.901 108.070 5.976
201909 4.280 108.329 5.206
201912 4.220 108.420 5.129
202003 3.782 108.902 4.576
202006 4.655 108.767 5.640
202009 4.882 109.815 5.858
202012 5.040 109.897 6.043
202103 4.880 111.754 5.754
202106 5.399 114.631 6.206
202109 4.564 115.734 5.197
202112 5.337 117.630 5.979
202203 4.906 121.301 5.330
202206 4.997 125.017 5.267
202209 5.310 125.227 5.588
202212 5.501 125.222 5.789
202303 2.214 127.348 2.291
202306 5.072 128.729 5.192
202309 5.167 129.860 5.243
202312 6.034 129.419 6.144
202403 5.392 131.776 5.392

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.


Nicolet Bankshares  (NYSE:NIC) 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.


Nicolet Bankshares Cyclically Adjusted PS Ratio Related Terms

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


Nicolet Bankshares (Nicolet Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
111 North Washington Street, Green Bay, WI, USA, 54301
Nicolet Bankshares Inc is a United States-based bank holding company engaged in banking, consisting of lending and deposit gathering, ancillary banking-related products and services, to businesses and individuals. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.
Executives
Eric James Witczak officer: EVP - Nicolet National Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Patrick Joseph Madson officer: SVP-Wealth Mgmt-NicoletNatBank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Robert Bruce Atwell director, officer: Pres. and Chief Executive Off. C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Susan L Merkatoris director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON ST, GREEN BAY WI 54301
Michael E Daniels director, officer: EVP and Secretary C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brad Vincent Hutjens officer: SVP - CCO - Nicolet Natl Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Glen E Tellock director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Hector Colon director C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Moore Hubert Phillip Jr officer: CFO C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brenda L Johnson director C/O NICOLET BANKSHARES, INC., 111 N. WASHINGTON STREET, GREEN BAY WI 54301
Christopher J. Ghidorzi director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
John Nicholas Dykema director C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Robert J Weyers director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Eric Peter Radzak officer: Corp Dev Off Nicolet Nat Bank C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301