GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wayne Savings Bancshares Inc (OTCPK:WAYN) » Definitions » Cyclically Adjusted PS Ratio

Waynevings Bancshares (Waynevings Bancshares) Cyclically Adjusted PS Ratio : 2.74 (As of Jun. 09, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Waynevings Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Waynevings Bancshares's current share price is $24.27. Waynevings Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.87. Waynevings Bancshares's Cyclically Adjusted PS Ratio for today is 2.74.

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

WAYN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 3.2   Max: 4.23
Current: 2.74

During the past years, Waynevings Bancshares's highest Cyclically Adjusted PS Ratio was 4.23. The lowest was 2.00. And the median was 3.20.

WAYN's Cyclically Adjusted PS Ratio is ranked worse than
60.49% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs WAYN: 2.74

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.

Waynevings Bancshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.512. 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 $8.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waynevings Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waynevings 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.

Waynevings Bancshares Cyclically Adjusted PS Ratio Chart

Waynevings 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 3.92 3.45 3.74 3.43 2.78

Waynevings 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 3.38 3.10 3.16 2.78 2.73

Competitive Comparison of Waynevings Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Waynevings 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.


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

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

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



Waynevings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.27/8.87
=2.74

* 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.

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

For example, Waynevings 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)
=2.512/131.7762*131.7762
=2.512

Current CPI (Mar. 2024) = 131.7762.

Waynevings Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.314 100.560 1.722
201409 1.304 100.428 1.711
201412 1.299 99.070 1.728
201503 1.267 99.621 1.676
201506 1.277 100.684 1.671
201509 1.345 100.392 1.765
201512 1.353 99.792 1.787
201603 1.383 100.470 1.814
201606 1.406 101.688 1.822
201609 1.434 101.861 1.855
201612 1.322 101.863 1.710
201703 1.402 102.862 1.796
201706 1.523 103.349 1.942
201709 1.514 104.136 1.916
201712 1.466 104.011 1.857
201803 1.563 105.290 1.956
201806 1.683 106.317 2.086
201809 1.686 106.507 2.086
201812 1.679 105.998 2.087
201903 1.697 107.251 2.085
201906 1.763 108.070 2.150
201909 1.832 108.329 2.229
201912 1.886 108.420 2.292
202003 1.802 108.902 2.181
202006 1.980 108.767 2.399
202009 2.056 109.815 2.467
202012 1.949 109.897 2.337
202103 2.102 111.754 2.479
202106 2.145 114.631 2.466
202109 2.270 115.734 2.585
202112 2.225 117.630 2.493
202203 2.381 121.301 2.587
202206 2.512 125.017 2.648
202209 3.044 125.227 3.203
202212 3.042 125.222 3.201
202303 2.873 127.348 2.973
202306 2.856 128.729 2.924
202309 2.696 129.860 2.736
202312 2.749 129.419 2.799
202403 2.512 131.776 2.512

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.


Waynevings Bancshares  (OTCPK:WAYN) 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.


Waynevings Bancshares Cyclically Adjusted PS Ratio Related Terms

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


Waynevings Bancshares (Waynevings Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
151 North Market Street, Wooster, OH, USA, 44691
Wayne Savings Bancshares Inc a bank holding company. It offers services such as checking accounts, savings, business loans, online banking, mobile banking, and overdraft protection among others. The bank generates its revenue in the form of interest income.
Executives
Joel Dale Beckler officer: SVP, Senior Loan Officer 3058 BAYBERRY COVE, WOOSTER OH 44691
Brian Hopkins director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
James R Vansickle director, officer: President and CEO 112 WEST MARKET STREET, PO BOX 57, ORRVILLE OH 44667
Glenn W Miller director 151 N MARKET ST, WOOSTER OH 44691
David L Lehman director 151 N MARKET ST, WOOSTER OH 44691
Myron L Swartzentruber officer: Senior Vice Preisdent/CFO C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Debra A Marthey director 151 N MARKET ST, WOOSTER OH 44691
Jonathan Ciccotelli director C/O WAYNE SAVINGS BANCSHARES, INC., 151 N. MARKET ST., WOOSTER OH 44691
Rod C Steiger director
Daniel R Buehler director WAYNE SAVINGS BANCSHARES INC, 151 NORTH MARKET STREET, WOOSTER OH 44691
Steven G Dimos officer: EVP/Chief Operations Officer C/O WAYNE SAVINGS COMMUNITY BANK, 151 NORTH MARKET STREET, WOOSTER OH 44691
Peggy J Schmitz director WAYNE SAVINGS COMMUNITY BANK, 151 N MARKET STREET, WOOSTER OH 44691
Bryan K Fehr officer: See footnote (1) 151 N MARKET STREET, WOOSTER OH 44691
Fitz Gibbon H Stewart Iii officer: See footnote (1) WAYNE SAVINGS BANCSHARES, 151 N. MARKET STREET, WOOSTER OH 44691
Phillip E Becker officer: EVP/CHIEF LENDING OFFICER WAYNE SAVINGS BANCSHARES INC, 151 N. MARKET STREET, WOOSTER OH 44691