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PCB Bancorp (PCB Bancorp) Cyclically Adjusted PS Ratio : 2.02 (As of Apr. 27, 2024)


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What is PCB Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-27), PCB Bancorp's current share price is $15.47. PCB Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.66. PCB Bancorp's Cyclically Adjusted PS Ratio for today is 2.02.

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

PCB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.31   Max: 3.3
Current: 1.99

During the past years, PCB Bancorp's highest Cyclically Adjusted PS Ratio was 3.30. The lowest was 1.29. And the median was 2.31.

PCB's Cyclically Adjusted PS Ratio is ranked better than
62.08% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs PCB: 1.99

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.

PCB Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.703. 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 $7.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCB Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PCB 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.

PCB Bancorp Cyclically Adjusted PS Ratio Chart

PCB 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 - 1.49 2.94 2.24 2.41

PCB Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.24 1.82 1.86 1.98 2.41

Competitive Comparison of PCB Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, PCB 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.


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

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

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



PCB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.47/7.66
=2.02

* 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.

PCB Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PCB Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.703/129.4194*129.4194
=1.703

Current CPI (Dec. 2023) = 129.4194.

PCB Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 2.603 86.640 3.888
200706 2.596 87.906 3.822
200709 2.719 87.964 4.000
200712 2.221 88.616 3.244
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201706 1.246 103.349 1.560
201709 1.310 104.136 1.628
201712 1.370 104.011 1.705
201803 1.373 105.290 1.688
201806 1.332 106.317 1.621
201809 1.293 106.507 1.571
201812 1.210 105.998 1.477
201903 1.202 107.251 1.450
201906 1.270 108.070 1.521
201909 1.263 108.329 1.509
201912 1.267 108.420 1.512
202003 1.184 108.902 1.407
202006 1.189 108.767 1.415
202009 1.244 109.815 1.466
202012 1.424 109.897 1.677
202103 1.331 111.754 1.541
202106 1.577 114.631 1.780
202109 1.717 115.734 1.920
202112 1.649 117.630 1.814
202203 1.669 121.301 1.781
202206 1.653 125.017 1.711
202209 1.803 125.227 1.863
202212 1.791 125.222 1.851
202303 1.745 127.348 1.773
202306 1.698 128.729 1.707
202309 1.733 129.860 1.727
202312 1.703 129.419 1.703

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.


PCB Bancorp  (NAS:PCB) 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.


PCB Bancorp Cyclically Adjusted PS Ratio Related Terms

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


PCB Bancorp (PCB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3701 Wilshire Boulevard, Suite 900, Los Angeles, CA, USA, 90010
PCB Bancorp is a bank holding company, which engages in the provision of consumer and commercial banking services. The bank provides personal and business checking accounts and savings accounts services. It offers a broad range of loan, deposit, and other products and services. Also, it provides a broad range of loans along with deposit products focused on individuals, professionals, and small-to-medium sized businesses. The bank's E-banking services comprise online banking, mobile banking, and cash management.
Executives
Sang Young Lee director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Mimi Lee officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Haeyoung Cho director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Sarah Jun other: Director of Subsidiary 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Justin Chon officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
David W. Kim officer: EVP & CHIEF BANKING OFFICER 3701 WILSHIRE BOULEVARD., SUITE 900, LOS ANGELES CA 90010
Janice Chung director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Daniel Cho other: Director of Subsidiary 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Michael A. Kwon officer: SVP & CHIEF TECHNOLOGY OFFICER 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Henry Kim director, officer: President, CEO and Director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Don Rhee director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
John Ju officer: See Remarks 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Suk Won Youn director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Kwang Jin Chung director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010
Hong Kyun Park director 3701 WILSHIRE BOULEVARD, SUITE 900, LOS ANGELES CA 90010

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