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United Security Bancshares (United Security Bancshares) Cyclically Adjusted PS Ratio : 2.64 (As of May. 26, 2024)


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What is United Security Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-05-26), United Security Bancshares's current share price is $7.30. United Security Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.76. United Security Bancshares's Cyclically Adjusted PS Ratio for today is 2.64.

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

UBFO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 3.02   Max: 5.63
Current: 2.65

During the past years, United Security Bancshares's highest Cyclically Adjusted PS Ratio was 5.63. The lowest was 1.51. And the median was 3.02.

UBFO's Cyclically Adjusted PS Ratio is ranked worse than
57.82% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs UBFO: 2.65

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.

United Security Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.743. 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 $2.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Security Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Security Bancshares'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.

United Security Bancshares Cyclically Adjusted PS Ratio Chart

United Security Bancshares 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 5.11 3.34 3.57 2.95 3.14

United Security Bancshares 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 2.50 2.55 2.80 3.14 2.80

Competitive Comparison of United Security Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, United Security Bancshares'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.


United Security Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where United Security Bancshares's Cyclically Adjusted PS Ratio falls into.



United Security Bancshares 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.

United Security Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.30/2.76
=2.64

* 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.

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

For example, United Security Bancshares'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)
=0.743/131.7762*131.7762
=0.743

Current CPI (Mar. 2024) = 131.7762.

United Security Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.419 100.560 0.549
201409 0.429 100.428 0.563
201412 0.480 99.070 0.638
201503 0.430 99.621 0.569
201506 0.454 100.684 0.594
201509 0.466 100.392 0.612
201512 0.488 99.792 0.644
201603 0.457 100.470 0.599
201606 0.472 101.688 0.612
201609 0.510 101.861 0.660
201612 0.484 101.863 0.626
201703 0.501 102.862 0.642
201706 0.532 103.349 0.678
201709 0.551 104.136 0.697
201712 0.549 104.011 0.696
201803 0.546 105.290 0.683
201806 0.527 106.317 0.653
201809 0.572 106.507 0.708
201812 0.625 105.998 0.777
201903 0.646 107.251 0.794
201906 0.649 108.070 0.791
201909 0.659 108.329 0.802
201912 0.583 108.420 0.709
202003 0.665 108.902 0.805
202006 0.524 108.767 0.635
202009 0.499 109.815 0.599
202012 0.510 109.897 0.612
202103 0.462 111.754 0.545
202106 0.601 114.631 0.691
202109 0.601 115.734 0.684
202112 0.625 117.630 0.700
202203 0.540 121.301 0.587
202206 0.644 125.017 0.679
202209 0.768 125.227 0.808
202212 0.850 125.222 0.894
202303 0.841 127.348 0.870
202306 0.789 128.729 0.808
202309 0.701 129.860 0.711
202312 0.870 129.419 0.886
202403 0.743 131.776 0.743

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.


United Security Bancshares  (NAS:UBFO) 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.


United Security Bancshares Cyclically Adjusted PS Ratio Related Terms

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


United Security Bancshares (United Security Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
2126 Inyo Street, Fresno, CA, USA, 93721
United Security Bancshares operates as the holding for United Security Bank. It provides commercial banking services to the business and professional community, and individuals located in Fresno, Madera, and Kern Counties. It offers checking and savings accounts, deposits, mortgage loans, credit and debit cards, safe deposit boxes, automated teller machines, wire transfers, money market accounts, mobile banking, and wealth management services. The company's primary sources of revenue are interest income from loans and investment securities.
Executives
Oberg Robert C Jr officer: SVP & CHIEF RISK OFFICER 610 DAYTON STREET APT# 3, HAMILTON OH 45011
Dennis R Woods director, officer: CEO 1525 E. SHAW AVE., FRESNO CA 93710
Jagroop Gill director 2126 INYO STREET, FRESNO CA 93721
G Thompson Ellithorpe director 1525 E SHAW AVE, FRESNO CA 93710
Thomas G Walker director 2126 INYO STREET, FRESNO CA 93721
William M. Yarbenet officer: SVP & CCO 2126 INYO STREET, FRESNO CA 93721
Kenneth D Newby director 2126 INYO STREET, FRESNO CA 93721
Susan Quigley director 2126 INYO STREET, FRESNO CA 93721
Heather Hammack director 2126 INYO STREET, FRESNO CA 93721
Dora Westerlund director 2126 INYO STREET, FRESNO CA 93721
Nabeel Mahmood director 2126 INYO STREET, FRESNO CA 93721
Brian Tkacz director 2126 INYO STREET, FRESNO CA 93721
Benjamin Mackovak director 2126 INYO STREET, FRESNO CA 93721
David L Eytcheson officer: SVP & COO 1525 E SHAW AVE, FRESNO CA 93710
David A Kinross officer: SVP & CHIEF FINANCIAL OFFICER 600 POLLASKY AVENUE, CLOVIS CA 93612

United Security Bancshares (United Security Bancshares) Headlines