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First National Bank Alaska (First National Bank Alaska) Cyclically Adjusted PS Ratio : 3.45 (As of May. 22, 2024)


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What is First National Bank Alaska Cyclically Adjusted PS Ratio?

As of today (2024-05-22), First National Bank Alaska's current share price is $199.94. First National Bank Alaska's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $57.87. First National Bank Alaska's Cyclically Adjusted PS Ratio for today is 3.45.

The historical rank and industry rank for First National Bank Alaska's Cyclically Adjusted PS Ratio or its related term are showing as below:

FBAK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 3.79   Max: 6.05
Current: 3.46

During the past years, First National Bank Alaska's highest Cyclically Adjusted PS Ratio was 6.05. The lowest was 2.74. And the median was 3.79.

FBAK's Cyclically Adjusted PS Ratio is ranked worse than
73.05% of 1191 companies
in the Banks industry
Industry Median: 2.4 vs FBAK: 3.46

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.

First National Bank Alaska's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.184. 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 $57.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First National Bank Alaska Cyclically Adjusted PS Ratio Historical Data

The historical data trend for First National Bank Alaska'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.

First National Bank Alaska Cyclically Adjusted PS Ratio Chart

First National Bank Alaska 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 5.01 3.97 4.65 4.25 3.50

First National Bank Alaska 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 3.57 3.48 3.31 3.50 3.46

Competitive Comparison of First National Bank Alaska's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, First National Bank Alaska'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.


First National Bank Alaska's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First National Bank Alaska's Cyclically Adjusted PS Ratio falls into.



First National Bank Alaska 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.

First National Bank Alaska's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=199.94/57.87
=3.45

* 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.

First National Bank Alaska's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, First National Bank Alaska'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)
=14.184/131.7762*131.7762
=14.184

Current CPI (Mar. 2024) = 131.7762.

First National Bank Alaska Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 9.672 96.871 13.157
201303 9.122 98.209 12.240
201306 9.258 98.518 12.383
201309 9.826 98.790 13.107
201312 9.230 98.326 12.370
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201603 9.439 100.470 12.380
201606 9.683 101.688 12.548
201609 9.806 101.861 12.686
201612 9.823 101.863 12.708
201703 11.350 102.862 14.540
201706 11.851 103.349 15.111
201709 11.957 104.136 15.131
201712 11.755 104.011 14.893
201803 12.041 105.290 15.070
201806 12.044 106.317 14.928
201809 12.108 106.507 14.981
201812 12.464 105.998 15.495
201903 12.041 107.251 14.794
201906 12.446 108.070 15.176
201909 12.960 108.329 15.765
201912 13.094 108.420 15.915
202003 12.726 108.902 15.399
202006 14.010 108.767 16.974
202009 13.665 109.815 16.398
202012 13.526 109.897 16.219
202103 13.539 111.754 15.965
202106 13.354 114.631 15.351
202109 12.955 115.734 14.751
202112 14.190 117.630 15.897
202203 12.735 121.301 13.835
202206 13.337 125.017 14.058
202209 13.671 125.227 14.386
202212 13.090 125.222 13.775
202303 13.662 127.348 14.137
202306 13.802 128.729 14.129
202309 14.371 129.860 14.583
202312 14.078 129.419 14.334
202403 14.184 131.776 14.184

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.


First National Bank Alaska  (OTCPK:FBAK) 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.


First National Bank Alaska Cyclically Adjusted PS Ratio Related Terms

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


First National Bank Alaska (First National Bank Alaska) Business Description

Traded in Other Exchanges
N/A
Address
360 K Street, Suite 100, Anchorage, AK, USA, 99501
First National Bank Alaska is a commercial banking service provider in the United States. Its primary business operations involve corporate banking and consumer banking services. The Bank provides trust banking services, escrow and contract collection services, bankcard services and safe deposit box facilities for business, industry, and individuals within the State of Alaska. It also offers various real estate loans, including commercial and construction/development loans, multifamily residential loans, and consumer and other loans. The company also has add-on services like the United States Treasury, the United States Government-sponsored enterprises, States and political subdivisions, mortgage-backed-residential and corporate bonds.