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Peoples Financial Services (Peoples Financial Services) Cyclically Adjusted PB Ratio : 0.87 (As of May. 26, 2024)


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What is Peoples Financial Services Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Peoples Financial Services's current share price is $41.07. Peoples Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $47.00. Peoples Financial Services's Cyclically Adjusted PB Ratio for today is 0.87.

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

PFIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.51   Max: 2.92
Current: 0.87

During the past years, Peoples Financial Services's highest Cyclically Adjusted PB Ratio was 2.92. The lowest was 0.80. And the median was 1.51.

PFIS's Cyclically Adjusted PB Ratio is ranked better than
55.49% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs PFIS: 0.87

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Peoples Financial Services's adjusted book value per share data for the three months ended in Mar. 2024 was $48.176. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $47.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peoples Financial Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Peoples Financial Services's Cyclically Adjusted PB 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.

Peoples Financial Services Cyclically Adjusted PB Ratio Chart

Peoples Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.04 1.30 1.18 1.06

Peoples Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 0.97 0.97 0.87 1.06 0.92

Competitive Comparison of Peoples Financial Services's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Peoples Financial Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Peoples Financial Services's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Peoples Financial Services's Cyclically Adjusted PB Ratio falls into.



Peoples Financial Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Peoples Financial Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.07/47
=0.87

* 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.

Peoples Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Peoples Financial Services's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=48.176/131.7762*131.7762
=48.176

Current CPI (Mar. 2024) = 131.7762.

Peoples Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.347 100.560 42.388
201409 32.599 100.428 42.775
201412 32.693 99.070 43.486
201503 33.048 99.621 43.715
201506 33.198 100.684 43.450
201509 33.526 100.392 44.007
201512 33.569 99.792 44.328
201603 33.982 100.470 44.571
201606 34.395 101.688 44.572
201609 34.682 101.861 44.868
201612 34.706 101.863 44.898
201703 35.061 102.862 44.916
201706 35.628 103.349 45.428
201709 36.003 104.136 45.559
201712 35.825 104.011 45.388
201803 36.047 105.290 45.115
201806 36.430 106.317 45.154
201809 36.893 106.507 45.646
201812 37.655 105.998 46.813
201903 38.460 107.251 47.255
201906 39.408 108.070 48.053
201909 40.083 108.329 48.759
201912 40.470 108.420 49.188
202003 41.680 108.902 50.435
202006 42.554 108.767 51.556
202009 43.304 109.815 51.964
202012 43.918 109.897 52.662
202103 44.005 111.754 51.889
202106 45.107 114.631 51.853
202109 45.664 115.734 51.993
202112 47.442 117.630 53.148
202203 44.638 121.301 48.493
202206 43.446 125.017 45.795
202209 42.136 125.227 44.340
202212 44.055 125.222 46.361
202303 45.958 127.348 47.556
202306 46.531 128.729 47.633
202309 46.073 129.860 46.753
202312 48.350 129.419 49.230
202403 48.176 131.776 48.176

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Peoples Financial Services  (NAS:PFIS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Peoples Financial Services Cyclically Adjusted PB Ratio Related Terms

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


Peoples Financial Services (Peoples Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
150 North Washington Avenue, Scranton, PA, USA, 18503
Peoples Financial Services Corp is a bank holding company operating through its subsidiaries. The bank provides a full range of financial services. Its products and services include checking accounts, business accounts, savings accounts, loan products, money market accounts, mortgages, chip-enabled debit cards, credit card processing, and visa master card and advisory services. Its loan portfolio includes Commercial loans, which consist of commercial, commercial real estate, municipal, and other related tax-free loans; and retail loans, which include residential real estate and other consumer loans. The company mainly operates in the United States in Pennsylvania.
Executives
Elisa Z Ramirez director 1225 17TH STREET, SUITE 2600, DENVER CO 80202
Wright Joseph T Jr director P.O. BOX A, HALLSTEAD PA 18822
Aubrey William E Ii director PO BOX 158, LAPLUME PA 18440
Locken Richard S Jr director 50 MAIN STREET, HALLSTEAD PA 18822
Ronald G Kukuchka director PO BOX A, HALLSTEAD PA 18822
Jeffrey A Drobins officer: EVP, Chief Lending Officer C/O PEOPLES SECURITY BANK & TRUST CO., 150 N WASHINGTON AVE, SCRANTON PA 18503
Thomas P Tulaney officer: Chief Lending Officer 102 E. DRINKER STREET, DUNMORE PA 18512
Sandra Bodnyk director NATIONAL PENN BANCSHARES, INC, 645 HAMILTON STREET, ALLENTOWN PA 18101
Susan L Hubble officer: EVP, Chief Information Officer C/O PEOPLES SECURITY BANK & TRUST CO., 150 N WASHINGTON AVE, SCRANTON PA 18503
Debra E Dissinger officer: Executive Vice President C/O PEOPLES SECURITY BANK & TRUST CO., 150 N WASHINGTON AVE, SCRANTON PA 18503
Joseph Ferretti officer: Vice President C/O PEOPLES FINANCIAL SERVICES CORP, 50 MAIN STREET, HALLSTEAD PA 18822
Anderson John R Iii officer: SVP,Int Prin Accting Officer 150 N WASHINGTON AVE, PENN SECURITY BANK & TRUST CO, SCRANTON PA 18503
Stover George H Jr director 50 MAIN STREET, HALLSTEAD PA 18822
Craig W Best director, officer: President & CEO C/O PEOPLES SECURITY BANK & TRUST CO., 150 N WASHINGTON AVE, SCRANTON PA 18503
Cesare Joseph G Md director 120 OLD ORCHARD RD, CLARKS GREEN PA 18411