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Carolina Bank Holdings (Carolina Bank Holdings) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Carolina Bank Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carolina Bank Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carolina Bank Holdings'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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Carolina Bank Holdings Cyclically Adjusted PS Ratio Chart

Carolina Bank Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Carolina Bank Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Carolina Bank Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Carolina Bank Holdings'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.


Carolina Bank Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Carolina Bank Holdings's Cyclically Adjusted PS Ratio falls into.



Carolina Bank Holdings 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.

Carolina Bank Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Carolina Bank Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=1.799/101.8610*101.8610
=1.799

Current CPI (Sep. 2016) = 101.8610.

Carolina Bank Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200612 1.019 85.142 1.219
200703 0.000 86.640 0.000
200706 1.208 87.906 1.400
200709 1.204 87.964 1.394
200712 1.232 88.616 1.416
200803 1.323 90.090 1.496
200806 1.519 92.320 1.676
200809 1.453 92.307 1.603
200812 1.443 88.697 1.657
200903 1.984 89.744 2.252
200906 2.355 91.003 2.636
200909 1.976 91.120 2.209
200912 2.620 91.111 2.929
201003 2.260 91.821 2.507
201006 2.413 91.962 2.673
201009 2.956 92.162 3.267
201012 3.212 92.474 3.538
201103 2.370 94.283 2.560
201106 2.469 95.235 2.641
201109 2.709 95.727 2.883
201112 2.867 95.213 3.067
201203 2.854 96.783 3.004
201206 3.173 96.819 3.338
201209 3.371 97.633 3.517
201212 3.536 96.871 3.718
201303 3.054 98.209 3.168
201306 2.862 98.518 2.959
201309 2.389 98.790 2.463
201312 2.413 98.326 2.500
201403 2.128 99.695 2.174
201406 2.325 100.560 2.355
201409 2.475 100.428 2.510
201412 2.587 99.070 2.660
201503 2.634 99.621 2.693
201506 2.003 100.684 2.026
201509 1.906 100.392 1.934
201512 1.877 99.792 1.916
201603 1.599 100.470 1.621
201606 1.844 101.688 1.847
201609 1.799 101.861 1.799

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.


Carolina Bank Holdings  (NAS:CLBH) 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.


Carolina Bank Holdings Cyclically Adjusted PS Ratio Related Terms

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Carolina Bank Holdings (Carolina Bank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Carolina Bank Holdings Inc was incorporated under the laws of the State of North Carolina on August 16, 2000. It is a bank holding company for Carolina Bank. The Company is engaged in a general banking business in Guilford, Alamance, Randolph and Forsyth Counties, North Carolina. Its operations are mainly commercially oriented and directed to individuals and small to medium-sized businesses located in its market area and its deposits and loans are derived mainly from customers in its geographic market. The Company is considered to have three principal business segments Commercial/Retail Bank, the Mortgage Division, and the Holding Company. The mortgage division originates residential mortgage loans through other banks and brokers in addition to retail loan officers, who are located in five loan production offices and in five of its banking offices, and sells the loans to investors. The Company's primary service area consists of the Cities of Greensboro, High Point, Burlington, Winston-Salem and Asheboro, North Carolina and the areas immediately surrounding Greensboro, High Point, Burlington, Winston-Salem and Asheboro, all of which are located in Guilford, Alamance, Forsyth and Randolph Counties, North Carolina. Residential mortgage loan production offices are located in Burlington, Chapel Hill, Hillsborough, Raleigh and Sanford, NC. The Company competes directly for deposits in its primary service area with other commercial banks, savings banks, credit unions, agencies issuing United States government securities and all other organizations and institutions engaged in money market transactions, in lending activities, the bank competes with all other financial institutions. The Company is subject to supervision, examination and regulation by the North Carolina Office of the Commissioner of Banks ("Commissioner") and the FDIC and to North Carolina and federal statutory and regulatory provisions governing such matters as capital standards, mergers, subsidiary investments and establishment of branch offices.
Executives
Abby Jill Donnelly director 3503 SMOKETREE DRIVE, GREENSBORO NC 27410
Donald H Allred director 1246 WEST LAKE DRIVE, ASHEBORO NC 27205-2549