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Cardinal Financial (Cardinal Financial) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Cardinal Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cardinal 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.

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Cardinal Financial Cyclically Adjusted PS Ratio Chart

Cardinal Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Cardinal Financial Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Cardinal Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Cardinal 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.


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

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

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



Cardinal 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.

Cardinal Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Cardinal Financial's adjusted Revenue per Share data for the three months ended in Dec. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=1.24/101.8627*101.8627
=1.240

Current CPI (Dec. 2016) = 101.8627.

Cardinal Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 0.603 86.640 0.709
200706 0.621 87.906 0.720
200709 0.622 87.964 0.720
200712 0.558 88.616 0.641
200803 0.593 90.090 0.670
200806 0.620 92.320 0.684
200809 0.644 92.307 0.711
200812 0.594 88.697 0.682
200903 0.660 89.744 0.749
200906 0.688 91.003 0.770
200909 0.637 91.120 0.712
200912 0.741 91.111 0.828
201003 0.713 91.821 0.791
201006 0.809 91.962 0.896
201009 0.927 92.162 1.025
201012 0.810 92.474 0.892
201103 0.775 94.283 0.837
201106 0.868 95.235 0.928
201109 1.174 95.727 1.249
201112 0.986 95.213 1.055
201203 1.048 96.783 1.103
201206 1.262 96.819 1.328
201209 1.516 97.633 1.582
201212 1.305 96.871 1.372
201303 1.002 98.209 1.039
201306 1.156 98.518 1.195
201309 0.816 98.790 0.841
201312 0.964 98.326 0.999
201403 1.053 99.695 1.076
201406 1.174 100.560 1.189
201409 1.104 100.428 1.120
201412 1.145 99.070 1.177
201503 1.362 99.621 1.393
201506 1.342 100.684 1.358
201509 1.198 100.392 1.216
201512 1.191 99.792 1.216
201603 1.375 100.470 1.394
201606 1.549 101.688 1.552
201609 1.494 101.861 1.494
201612 1.240 101.863 1.240

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.


Cardinal Financial  (NAS:CFNL) 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.


Cardinal Financial Cyclically Adjusted PS Ratio Related Terms

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


Cardinal Financial (Cardinal Financial) Business Description

Traded in Other Exchanges
N/A
Address
Cardinal Financial Corporation was incorporated under the laws of Virginia as a financial holding Company on June, 25, 2003. The Company's activities consist of investments in its wholly-owned subsidiaries. The main operating subsidiary of the company is Cardinal Bank. Cardinal Bank offers a range of traditional bank loan and deposit products and services to both its commercial and retail customers. The Company's commercial relationship managers attract small and medium sized businesses as well as government contractors, commercial real estate developers and builders and professionals, such as physicians, accountants and attorneys. The Company operates in three business segments, commercial banking, mortgage banking and wealth management and trust services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages mainly in the origination and acquisition of residential mortgages for sale into the secondary market on a efforts basis. The wealth management and trust services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, trust, estates, custody, investment management, escrows, and retirement plans. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, savings banks, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, mutual fund groups and other types of financial institutions. The Bank is subject to regulation, supervision and examination by the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Bank and its also are subject to regulation, supervision and examination by the Federal Deposit Insurance Corporation.
Executives
Mark A Wendel officer: EVP/Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Bernard H Clineburg director, officer: Executive Chairman CARDINAL FINANCIAL CORP, 8270 GREENSBORO DRIVE STE 500, MCLEAN VA 22102
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Steven M Wiltse director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Alan G Merten director 11020 POPES HEAD ROAD, FAIRFAX VA 22030
Kendal E Carson officer: President 514 MARKET STREET, PARKERSBURG WV 26101
Cynthia A Cole officer: EVP/Marketing Director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102