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Valley National Bancorp (Valley National Bancorp) Cyclically Adjusted PS Ratio : 2.17 (As of May. 14, 2024)


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What is Valley National Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Valley National Bancorp's current share price is $8.02. Valley National Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.70. Valley National Bancorp's Cyclically Adjusted PS Ratio for today is 2.17.

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

VLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 3.11   Max: 4.47
Current: 2.12

During the past years, Valley National Bancorp's highest Cyclically Adjusted PS Ratio was 4.47. The lowest was 1.81. And the median was 3.11.

VLY's Cyclically Adjusted PS Ratio is ranked better than
59.85% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs VLY: 2.12

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.

Valley National Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.884. 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 $3.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valley National Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Valley National 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.

Valley National Bancorp Cyclically Adjusted PS Ratio Chart

Valley National 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 3.55 3.03 4.06 3.15 2.94

Valley National 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 2.53 2.10 2.30 2.94 2.15

Competitive Comparison of Valley National Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Valley National 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.


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

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

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



Valley National 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.02/3.7
=2.17

* 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.

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

For example, Valley National 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)
=0.884/129.4194*129.4194
=0.884

Current CPI (Mar. 2024) = 129.4194.

Valley National Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.648 100.560 0.834
201409 0.645 100.428 0.831
201412 0.714 99.070 0.933
201503 0.649 99.621 0.843
201506 0.672 100.684 0.864
201509 0.665 100.392 0.857
201512 0.717 99.792 0.930
201603 0.667 100.470 0.859
201606 0.690 101.688 0.878
201609 0.702 101.861 0.892
201612 0.767 101.863 0.974
201703 0.709 102.862 0.892
201706 0.731 103.349 0.915
201709 0.721 104.136 0.896
201712 0.752 104.011 0.936
201803 0.721 105.290 0.886
201806 0.747 106.317 0.909
201809 0.738 106.507 0.897
201812 0.772 105.998 0.943
201903 0.980 107.251 1.183
201906 0.744 108.070 0.891
201909 0.785 108.329 0.938
201912 0.766 108.420 0.914
202003 0.755 108.902 0.897
202006 0.809 108.767 0.963
202009 0.821 109.815 0.968
202012 0.827 109.897 0.974
202103 0.795 111.754 0.921
202106 0.842 114.631 0.951
202109 0.839 115.734 0.938
202112 0.853 117.630 0.938
202203 0.843 121.301 0.899
202206 0.937 125.017 0.970
202209 1.003 125.227 1.037
202212 1.018 125.222 1.052
202303 0.952 127.348 0.967
202306 0.944 128.729 0.949
202309 0.912 129.860 0.909
202312 0.884 129.419 0.884
202403 0.884 129.419 0.884

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.


Valley National Bancorp  (NAS:VLY) 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.


Valley National Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Valley National Bancorp (Valley National Bancorp) Business Description

Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.
Executives
Joseph Chillura officer: SEVP, Chief Ret & Busn Bnkg Of 1455 VALLEY ROAD, WAYNE NJ 07470
Kathleen C Perrott director VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960
Suresh L Sani director 1455 VALLEY ROAD, WAYNE NJ 07470
Avner Mendelson director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Peter J Baum director 1455 VALLEY ROAD, WAYNE NJ 07470
Marc J Lenner director 1455 VALLEY ROAD, WAYNE NJ 07470
Ira Robbins officer: EVP - Treasurer 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Melissa J Schultz director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Jeffrey S Wilks director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Jennifer W Steans director 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602
Dafna Landau director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 1455 VALLEY ROAD, WAYNE NJ 07470