GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bar Harbor Bankshares Inc (FRA:42K) » Definitions » Cyclically Adjusted PS Ratio

Bar Harbor Bankshares (FRA:42K) Cyclically Adjusted PS Ratio : 2.76 (As of Jun. 08, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Bar Harbor Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Bar Harbor Bankshares's current share price is €23.60. Bar Harbor Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.56. Bar Harbor Bankshares's Cyclically Adjusted PS Ratio for today is 2.76.

The historical rank and industry rank for Bar Harbor Bankshares's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:42K' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.76   Max: 5.79
Current: 2.68

During the past years, Bar Harbor Bankshares's highest Cyclically Adjusted PS Ratio was 5.79. The lowest was 2.19. And the median was 3.76.

FRA:42K's Cyclically Adjusted PS Ratio is ranked worse than
59.56% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs FRA:42K: 2.68

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.

Bar Harbor Bankshares's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.208. 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 €8.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bar Harbor Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bar Harbor Bankshares'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.

Bar Harbor Bankshares Cyclically Adjusted PS Ratio Chart

Bar Harbor Bankshares 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 3.87 3.21 3.66 3.66 3.16

Bar Harbor Bankshares 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 2.96 2.71 2.55 3.16 2.78

Competitive Comparison of Bar Harbor Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bar Harbor Bankshares'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.


Bar Harbor Bankshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bar Harbor Bankshares's Cyclically Adjusted PS Ratio falls into.



Bar Harbor Bankshares 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.

Bar Harbor Bankshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.60/8.56
=2.76

* 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.

Bar Harbor Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bar Harbor Bankshares'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)
=2.208/131.7762*131.7762
=2.208

Current CPI (Mar. 2024) = 131.7762.

Bar Harbor Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.075 100.560 1.409
201409 1.131 100.428 1.484
201412 1.127 99.070 1.499
201503 1.352 99.621 1.788
201506 1.300 100.684 1.701
201509 1.332 100.392 1.748
201512 1.379 99.792 1.821
201603 1.444 100.470 1.894
201606 1.462 101.688 1.895
201609 1.398 101.861 1.809
201612 1.416 101.863 1.832
201703 1.751 102.862 2.243
201706 1.743 103.349 2.222
201709 1.646 104.136 2.083
201712 1.631 104.011 2.066
201803 1.533 105.290 1.919
201806 1.655 106.317 2.051
201809 1.628 106.507 2.014
201812 1.678 105.998 2.086
201903 1.586 107.251 1.949
201906 1.644 108.070 2.005
201909 1.753 108.329 2.132
201912 1.841 108.420 2.238
202003 1.914 108.902 2.316
202006 1.973 108.767 2.390
202009 1.954 109.815 2.345
202012 2.205 109.897 2.644
202103 1.885 111.754 2.223
202106 1.780 114.631 2.046
202109 2.086 115.734 2.375
202112 2.053 117.630 2.300
202203 2.021 121.301 2.196
202206 2.226 125.017 2.346
202209 2.588 125.227 2.723
202212 2.566 125.222 2.700
202303 2.465 127.348 2.551
202306 2.297 128.729 2.351
202309 2.343 129.860 2.378
202312 2.269 129.419 2.310
202403 2.208 131.776 2.208

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.


Bar Harbor Bankshares  (FRA:42K) 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.


Bar Harbor Bankshares Cyclically Adjusted PS Ratio Related Terms

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


Bar Harbor Bankshares (FRA:42K) Business Description

Traded in Other Exchanges
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.

Bar Harbor Bankshares (FRA:42K) Headlines

No Headlines