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Regions Financial (Regions Financial) Cyclically Adjusted PS Ratio : 2.96 (As of Apr. 27, 2024)


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What is Regions Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Regions Financial's current share price is $19.62. Regions Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.62. Regions Financial's Cyclically Adjusted PS Ratio for today is 2.96.

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

RF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.72   Max: 4.65
Current: 2.96

During the past years, Regions Financial's highest Cyclically Adjusted PS Ratio was 4.65. The lowest was 0.94. And the median was 2.72.

RF's Cyclically Adjusted PS Ratio is ranked worse than
65.63% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs RF: 2.96

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.

Regions Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.941. 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 $6.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regions Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Regions Financial'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.

Regions Financial Cyclically Adjusted PS Ratio Chart

Regions Financial 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 3.58 3.25 3.98 3.53 2.93

Regions Financial 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 2.95 2.76 2.61 2.93 -

Competitive Comparison of Regions Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Regions Financial'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.


Regions Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Regions Financial 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.

Regions Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.62/6.62
=2.96

* 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.

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

For example, Regions Financial'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)
=1.941/129.4194*129.4194
=1.941

Current CPI (Dec. 2023) = 129.4194.

Regions Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.925 99.695 1.201
201406 0.924 100.560 1.189
201409 0.934 100.428 1.204
201412 0.979 99.070 1.279
201503 0.946 99.621 1.229
201506 1.048 100.684 1.347
201509 1.005 100.392 1.296
201512 1.054 99.792 1.367
201603 1.090 100.470 1.404
201606 1.104 101.688 1.405
201609 1.165 101.861 1.480
201612 1.017 101.863 1.292
201703 1.107 102.862 1.393
201706 1.147 103.349 1.436
201709 1.171 104.136 1.455
201712 1.217 104.011 1.514
201803 1.255 105.290 1.543
201806 1.289 106.317 1.569
201809 1.343 106.507 1.632
201812 1.343 105.998 1.640
201903 1.411 107.251 1.703
201906 1.421 108.070 1.702
201909 1.502 108.329 1.794
201912 1.520 108.420 1.814
202003 1.496 108.902 1.778
202006 1.593 108.767 1.895
202009 1.693 109.815 1.995
202012 1.740 109.897 2.049
202103 1.662 111.754 1.925
202106 1.639 114.631 1.850
202109 1.679 115.734 1.878
202112 1.702 117.630 1.873
202203 1.688 121.301 1.801
202206 1.860 125.017 1.926
202209 1.986 125.227 2.052
202212 2.070 125.222 2.139
202303 2.069 127.348 2.103
202306 2.084 128.729 2.095
202309 1.976 129.860 1.969
202312 1.941 129.419 1.941

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.


Regions Financial  (NYSE:RF) 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.


Regions Financial Cyclically Adjusted PS Ratio Related Terms

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


Regions Financial (Regions Financial) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.
Executives
C. Matthew Lusco officer: SEVP & CRO P.O. BOX 11007 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Ronald G. Smith officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
William D. Ritter officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
Mark A. Crosswhite director 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
J Thomas Hill director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Noopur Davis director PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles Dandridge Massey officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Karin K Allen officer: Principal Accounting Officer PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles D Mccrary director, other: Non-Executive Chair 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Amala Duggirala officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Turner David J Jr officer: CFO P O BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Scott M. Peters officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
David R. Keenan officer: EVP P. O. BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
John B Owen officer: Sr Executive Vice President REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203