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Clifton Bancorp (Clifton Bancorp) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Clifton Bancorp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clifton Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clifton 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.

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Clifton Bancorp Cyclically Adjusted PS Ratio Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted PS Ratio
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Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Clifton Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Clifton 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.


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

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

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



Clifton 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.

Clifton Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, Clifton Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.404/104.0111*104.0111
=0.404

Current CPI (Dec. 2017) = 104.0111.

Clifton Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200803 0.148 90.090 0.171
200806 0.171 92.320 0.193
200809 0.190 92.307 0.214
200812 0.198 88.697 0.232
200903 0.192 89.744 0.223
200906 0.187 91.003 0.214
200909 0.211 91.120 0.241
200912 0.237 91.111 0.271
201003 0.255 91.821 0.289
201006 0.261 91.962 0.295
201009 0.269 92.162 0.304
201012 0.245 92.474 0.276
201103 0.303 94.283 0.334
201106 0.261 95.235 0.285
201109 0.252 95.727 0.274
201112 0.250 95.213 0.273
201203 0.267 96.783 0.287
201206 0.246 96.819 0.264
201209 0.244 97.633 0.260
201212 0.236 96.871 0.253
201303 0.254 98.209 0.269
201306 0.257 98.518 0.271
201309 0.239 98.790 0.252
201312 0.250 98.326 0.264
201403 0.258 99.695 0.269
201406 0.266 100.560 0.275
201409 0.276 100.428 0.286
201412 0.278 99.070 0.292
201503 0.364 99.621 0.380
201506 0.279 100.684 0.288
201509 0.283 100.392 0.293
201512 0.281 99.792 0.293
201603 0.302 100.470 0.313
201606 0.327 101.688 0.334
201609 0.340 101.861 0.347
201612 0.342 101.863 0.349
201703 0.361 102.862 0.365
201706 0.387 103.349 0.389
201709 0.435 104.136 0.434
201712 0.404 104.011 0.404

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.


Clifton Bancorp  (NAS:CSBK) 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.


Clifton Bancorp Cyclically Adjusted PS Ratio Related Terms

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Clifton Bancorp (Clifton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004