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U.S. Bancorp (BUE:USB) Cyclically Adjusted PS Ratio : 2.77 (As of Jun. 06, 2024)


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What is U.S. Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-06-06), U.S. Bancorp's current share price is ARS9940.50. U.S. Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS3,587.33. U.S. Bancorp's Cyclically Adjusted PS Ratio for today is 2.77.

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

BUE:USB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 4.2   Max: 5.25
Current: 2.31

During the past years, U.S. Bancorp's highest Cyclically Adjusted PS Ratio was 5.25. The lowest was 1.83. And the median was 4.20.

BUE:USB's Cyclically Adjusted PS Ratio is ranked better than
51.98% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs BUE:USB: 2.31

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.

U.S. Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS3,612.644. 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 ARS3,587.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.S. Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for U.S. 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.

U.S. Bancorp Cyclically Adjusted PS Ratio Chart

U.S. 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 4.75 3.56 3.92 2.81 2.62

U.S. 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 2.26 2.04 2.01 2.62 2.65

Competitive Comparison of U.S. Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, U.S. 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.


U.S. Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



U.S. 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.

U.S. Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9940.50/3587.33
=2.77

* 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.

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

For example, U.S. 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)
=3612.644/131.7762*131.7762
=3,612.644

Current CPI (Mar. 2024) = 131.7762.

U.S. Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.903 100.560 30.013
201409 22.988 100.428 30.164
201412 24.362 99.070 32.405
201503 23.920 99.621 31.641
201506 25.477 100.684 33.345
201509 27.121 100.392 35.600
201512 37.154 99.792 49.062
201603 41.759 100.470 54.771
201606 43.587 101.688 56.484
201609 46.402 101.861 60.030
201612 48.663 101.863 62.954
201703 47.484 102.862 60.831
201706 52.654 103.349 67.137
201709 57.604 104.136 72.894
201712 63.593 104.011 80.569
201803 66.150 105.290 82.791
201806 85.017 106.317 105.376
201809 127.749 106.507 158.058
201812 135.267 105.998 168.163
201903 135.171 107.251 166.081
201906 162.635 108.070 198.311
201909 208.925 108.329 254.145
201912 216.636 108.420 263.304
202003 234.874 108.902 284.209
202006 264.118 108.767 319.990
202009 292.576 109.815 351.087
202012 309.158 109.897 370.708
202103 326.278 111.754 384.734
202106 365.950 114.631 420.683
202109 386.376 115.734 439.931
202112 384.973 117.630 431.272
202203 402.392 121.301 437.141
202206 484.152 125.017 510.329
202209 588.714 125.227 619.505
202212 707.211 125.222 744.228
202303 920.825 127.348 952.846
202306 1,117.965 128.729 1,144.432
202309 1,581.440 129.860 1,604.782
202312 1,559.622 129.419 1,588.024
202403 3,612.644 131.776 3,612.644

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.


U.S. Bancorp  (BUE:USB) 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.


U.S. Bancorp Cyclically Adjusted PS Ratio Related Terms

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


U.S. Bancorp (BUE:USB) Business Description

Industry
Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.