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RBB Bancorp (RBB Bancorp) Cyclically Adjusted PS Ratio : 2.97 (As of May. 15, 2024)


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What is RBB Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-15), RBB Bancorp's current share price is $18.67. RBB Bancorp's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $6.29. RBB Bancorp's Cyclically Adjusted PS Ratio for today is 2.97.

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

RBB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.73   Med: 2.8   Max: 2.98
Current: 2.95

During the past 10 years, RBB Bancorp's highest Cyclically Adjusted PS Ratio was 2.98. The lowest was 2.73. And the median was 2.80.

RBB's Cyclically Adjusted PS Ratio is ranked worse than
63.57% of 1194 companies
in the Banks industry
Industry Median: 2.4 vs RBB: 2.95

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.

RBB Bancorp's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $7.073. 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 $6.29 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


RBB Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RBB 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.

RBB Bancorp Cyclically Adjusted PS Ratio Chart

RBB 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 - - - - 3.03

RBB 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 - - - 3.03 -

Competitive Comparison of RBB Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, RBB 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.


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

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

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



RBB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.67/6.29
=2.97

* 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.

RBB Bancorp's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, RBB Bancorp's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.073/129.4194*129.4194
=7.073

Current CPI (Dec23) = 129.4194.

RBB Bancorp Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.480 99.070 3.240
201512 3.198 99.792 4.147
201612 4.766 101.863 6.055
201712 4.809 104.011 5.984
201812 5.005 105.998 6.111
201912 5.641 108.420 6.734
202012 5.959 109.897 7.018
202112 7.214 117.630 7.937
202212 8.279 125.222 8.557
202312 7.073 129.419 7.073

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.


RBB Bancorp  (NAS:RBB) 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.


RBB Bancorp Cyclically Adjusted PS Ratio Related Terms

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


RBB Bancorp (RBB Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
1055 Wilshire Boulevard, 12th Floor, Los Angeles, CA, USA, 90017
RBB Bancorp operates as a bank holding company. It provides various banking products and services such as checking, savings, money market accounts, and certificates of deposits. Its Specific services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance, and a full range of depository accounts. It generates its revenue from interest received on loans and leases and, to a lesser extent, from interest received on investment securities and derives income from noninterest sources, such as fees received in connection with various lending and deposit services, loan servicing, gain on sales of loans, and wealth management services.
Executives
Lee Joyce Wong director 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
James Kao director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Robert Franko director C/O ROYAL BUSINESS BANK, 1055 WILSHIRE BLVD, LOS ANGELES CA 90017
Scott Polakoff director 1055 WILSHIRE BLVD., SUITE 1200, LOS ANGELES CA 90017
Johnny C Lee officer: Pres / Chief Banking Officer
Frank Wong director 1055 WILSHIRE BIVD, SUITE 1200, LOS ANGELES CA 90017
Bill Bennett director 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
Alex Ko officer: EVP/Chief Financial Officer 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Gary Fan officer: EVP/Chief Admin Officer 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
Vincent Liu officer: EVP 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Simon Pang officer: EVP 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Yee Phong Thian officer: President/CEO 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Geraldine Pannu director 7380 COCA COLA DRIVE, SUITE 106, HANOVER MD 21076
Feng Lin director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Paul Lin director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017