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Sierra Bancorp (Sierra Bancorp) Cyclically Adjusted PS Ratio : 2.55 (As of May. 26, 2024)


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What is Sierra Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Sierra Bancorp's current share price is $21.51. Sierra Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.43. Sierra Bancorp's Cyclically Adjusted PS Ratio for today is 2.55.

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

BSRR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 2.94   Max: 4.96
Current: 2.55

During the past years, Sierra Bancorp's highest Cyclically Adjusted PS Ratio was 4.96. The lowest was 1.95. And the median was 2.94.

BSRR's Cyclically Adjusted PS Ratio is ranked worse than
54.79% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs BSRR: 2.55

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.

Sierra Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.406. 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 $8.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sierra Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sierra 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.

Sierra Bancorp Cyclically Adjusted PS Ratio Chart

Sierra 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 4.79 3.83 3.89 2.76 2.75

Sierra Bancorp 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 2.18 2.10 2.31 2.75 2.40

Competitive Comparison of Sierra Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Sierra 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.


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

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

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



Sierra 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.51/8.43
=2.55

* 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.

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

For example, Sierra Bancorp'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)
=2.406/131.7762*131.7762
=2.406

Current CPI (Mar. 2024) = 131.7762.

Sierra Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.194 100.560 1.565
201409 1.213 100.428 1.592
201412 1.127 99.070 1.499
201503 1.338 99.621 1.770
201506 1.437 100.684 1.881
201509 1.420 100.392 1.864
201512 1.293 99.792 1.707
201603 1.452 100.470 1.904
201606 1.476 101.688 1.913
201609 1.575 101.861 2.038
201612 1.416 101.863 1.832
201703 1.554 102.862 1.991
201706 1.656 103.349 2.111
201709 1.737 104.136 2.198
201712 1.459 104.011 1.848
201803 1.644 105.290 2.058
201806 1.726 106.317 2.139
201809 1.910 106.507 2.363
201812 1.475 105.998 1.834
201903 1.923 107.251 2.363
201906 1.794 108.070 2.188
201909 1.817 108.329 2.210
201912 1.850 108.420 2.249
202003 1.938 108.902 2.345
202006 1.878 108.767 2.275
202009 2.122 109.815 2.546
202012 2.130 109.897 2.554
202103 2.302 111.754 2.714
202106 2.046 114.631 2.352
202109 2.078 115.734 2.366
202112 2.002 117.630 2.243
202203 1.902 121.301 2.066
202206 2.294 125.017 2.418
202209 2.190 125.227 2.305
202212 2.298 125.222 2.418
202303 2.182 127.348 2.258
202306 2.280 128.729 2.334
202309 2.298 129.860 2.332
202312 1.257 129.419 1.280
202403 2.406 131.776 2.406

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.


Sierra Bancorp  (NAS:BSRR) 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.


Sierra Bancorp Cyclically Adjusted PS Ratio Related Terms

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


Sierra Bancorp (Sierra Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
86 North Main Street, P.O. Box 1930, Porterville, CA, USA, 93257
Sierra Bancorp is a California-based bank holding company, which offers a range of retail and commercial banking services. it offers a wide range of deposit products and services for individuals and businesses including checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. The company's lending activities cover real estate, commercial (including small business), mortgage warehouse, agricultural, and consumer loans, and also offers commercial construction loans and multifamily and agricultural credit facilities among other types of real estate loans.
Executives
Susan M Abundis director 86 NORTH MAIN STREET, POTERVILLE CA 93257
Natalia M Coen officer: EVP/CRO 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Laurence S Dutto director 86 N MAIN STREET, PORTERVILLE CA 93257
Gordon T Woods director 200 E HENDERSON, PORTERVILLE CA 93258
Julie G Castle director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Michele M Gil director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
James C Holly director
Michael Olague officer: EVP/Chief Banking Officer 86 N MAIN STREET, PORTERVILLE CA 93257
Cindy L Dabney officer: SVP/Chief Accounting Officer 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Ermina Karim director 86 NORTH MAIN STREET, PORTERVILLE CA 93257
Lynda Scearcy director 86 N. MAIN STREET, PORTERVILLE CA 93257
Jennifer Ann Johnson officer: EVP/Chief Admin. Officer 7701 EAST KELLOGG DRIVE, SUITE 200, WICHITA KS 67207
Vonn R Christenson director 86 N MAIN STREET, PORTERVILLE CA 93257
Christopher G Treece officer: EVP/Chief Financial Officer 1331 17TH STREET, SUITE 200, DENVER CO 80202
Kevin J Mcphaill officer: President/CEO 86 N MAIN STREET, PORTERVILLE CA 93257

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