GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers Capital Bank Corp (NAS:FFKT) » Definitions » Cyclically Adjusted PS Ratio

Farmers Capital Bank (Farmers Capital Bank) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Farmers Capital Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmers Capital Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Farmers Capital Bank'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.

Farmers Capital Bank Cyclically Adjusted PS Ratio Chart

Farmers Capital Bank Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Farmers Capital Bank Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - -

Competitive Comparison of Farmers Capital Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Farmers Capital Bank'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.


Farmers Capital Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Farmers Capital Bank 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.

Farmers Capital Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Farmers Capital Bank's adjusted Revenue per Share data for the three months ended in Jun. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=2.784/106.3168*106.3168
=2.784

Current CPI (Jun. 2018) = 106.3168.

Farmers Capital Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200809 2.840 92.307 3.271
200812 2.585 88.697 3.099
200903 2.850 89.744 3.376
200906 2.883 91.003 3.368
200909 2.719 91.120 3.172
200912 2.685 91.111 3.133
201003 2.838 91.821 3.286
201006 3.270 91.962 3.780
201009 3.240 92.162 3.738
201012 2.684 92.474 3.086
201103 2.637 94.283 2.974
201106 2.717 95.235 3.033
201109 2.647 95.727 2.940
201112 2.515 95.213 2.808
201203 2.583 96.783 2.837
201206 2.653 96.819 2.913
201209 2.578 97.633 2.807
201212 2.595 96.871 2.848
201303 2.542 98.209 2.752
201306 2.547 98.518 2.749
201309 2.580 98.790 2.777
201312 2.614 98.326 2.826
201403 2.547 99.695 2.716
201406 2.635 100.560 2.786
201409 2.619 100.428 2.773
201412 2.551 99.070 2.738
201503 2.462 99.621 2.627
201506 2.547 100.684 2.689
201509 2.489 100.392 2.636
201512 2.484 99.792 2.646
201603 2.504 100.470 2.650
201606 2.469 101.688 2.581
201609 3.142 101.861 3.279
201612 2.514 101.863 2.624
201703 2.492 102.862 2.576
201706 2.536 103.349 2.609
201709 2.624 104.136 2.679
201712 2.589 104.011 2.646
201803 2.615 105.290 2.641
201806 2.784 106.317 2.784

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.


Farmers Capital Bank  (NAS:FFKT) 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.


Farmers Capital Bank Cyclically Adjusted PS Ratio Related Terms

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


Farmers Capital Bank (Farmers Capital Bank) Business Description

Traded in Other Exchanges
N/A
Address
Farmers Capital Bank Corp is a bank holding company. The company and its subsidiaries provide banking and bank-related services. It is also involved in data processing. The company's products and services are deposit products and lending products and also cash management services, issuing letters of credit, safe deposit box rental, and fund transfer services. The company provides its products and services at its locations in northern and central Kentucky to an individual, business, agriculture, government and educational customers.
Executives
Michael J. Crawford director P.O. BOX 309, FRANKFORT KY 40602-0309
John R Farris director P.O. BOX 309, FRANKFORT KY 40602-0309