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FSB Bancorp (FSB Bancorp) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is FSB Bancorp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FSB Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FSB 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.

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FSB Bancorp Cyclically Adjusted PS Ratio Chart

FSB Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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FSB Bancorp Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of FSB Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, FSB 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.


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

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

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



FSB 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.

FSB Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, FSB Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=1.312/108.4201*108.4201
=1.312

Current CPI (Dec. 2019) = 108.4201.

FSB Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200709 0.789 87.964 0.972
200712 0.568 88.616 0.695
200803 0.570 90.090 0.686
200806 0.681 92.320 0.800
200809 0.755 92.307 0.887
200812 0.636 88.697 0.777
200903 0.772 89.744 0.933
200906 0.777 91.003 0.926
200909 0.716 91.120 0.852
200912 0.732 91.111 0.871
201003 0.770 91.821 0.909
201006 0.856 91.962 1.009
201009 0.976 92.162 1.148
201012 0.930 92.474 1.090
201103 0.876 94.283 1.007
201106 0.907 95.235 1.033
201109 1.000 95.727 1.133
201112 0.973 95.213 1.108
201203 1.107 96.783 1.240
201206 1.084 96.819 1.214
201503 1.259 99.621 1.370
201506 1.330 100.684 1.432
201509 1.410 100.392 1.523
201512 1.365 99.792 1.483
201603 1.262 100.470 1.362
201606 1.363 101.688 1.453
201609 1.578 101.861 1.680
201612 1.459 101.863 1.553
201703 1.329 102.862 1.401
201706 1.566 103.349 1.643
201709 1.627 104.136 1.694
201712 1.363 104.011 1.421
201803 1.481 105.290 1.525
201806 1.394 106.317 1.422
201809 1.411 106.507 1.436
201812 1.573 105.998 1.609
201903 1.304 107.251 1.318
201906 1.270 108.070 1.274
201909 1.317 108.329 1.318
201912 1.312 108.420 1.312

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.


FSB Bancorp  (NAS:FSBC) 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.


FSB Bancorp Cyclically Adjusted PS Ratio Related Terms

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FSB Bancorp (FSB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
45 South Main Street, Fairport, NY, USA, 14450
FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.
Executives
Kevin D Maroney director, officer: President and CEO 45 SOUTH MAIN STREET, FAIRPORT NY 14450

FSB Bancorp (FSB Bancorp) Headlines