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Waterstone Financial (FRA:47Z) Cyclically Adjusted PS Ratio : 1.47 (As of Jun. 07, 2024)


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What is Waterstone Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Waterstone Financial's current share price is €10.90. Waterstone Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.42. Waterstone Financial's Cyclically Adjusted PS Ratio for today is 1.47.

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

FRA:47Z' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 3.78   Max: 5.93
Current: 1.43

During the past years, Waterstone Financial's highest Cyclically Adjusted PS Ratio was 5.93. The lowest was 1.21. And the median was 3.78.

FRA:47Z's Cyclically Adjusted PS Ratio is ranked better than
77.47% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs FRA:47Z: 1.43

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.

Waterstone Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.515. 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 €7.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waterstone Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waterstone Financial'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.

Waterstone Financial Cyclically Adjusted PS Ratio Chart

Waterstone Financial 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 3.81 3.16 3.06 2.21 1.73

Waterstone Financial 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 1.90 1.79 1.33 1.73 1.44

Competitive Comparison of Waterstone Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Waterstone Financial'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.


Waterstone Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Waterstone Financial 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.

Waterstone Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.90/7.42
=1.47

* 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.

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

For example, Waterstone Financial'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)
=1.515/131.7762*131.7762
=1.515

Current CPI (Mar. 2024) = 131.7762.

Waterstone Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.726 100.560 0.951
201409 0.813 100.428 1.067
201412 0.759 99.070 1.010
201503 0.891 99.621 1.179
201506 1.213 100.684 1.588
201509 1.233 100.392 1.618
201512 1.086 99.792 1.434
201603 1.035 100.470 1.357
201606 1.522 101.688 1.972
201609 1.583 101.861 2.048
201612 1.380 101.863 1.785
201703 1.269 102.862 1.626
201706 1.583 103.349 2.018
201709 1.383 104.136 1.750
201712 1.168 104.011 1.480
201803 1.089 105.290 1.363
201806 1.424 106.317 1.765
201809 1.457 106.507 1.803
201812 1.241 105.998 1.543
201903 1.205 107.251 1.481
201906 1.585 108.070 1.933
201909 1.741 108.329 2.118
201912 1.607 108.420 1.953
202003 1.516 108.902 1.834
202006 2.860 108.767 3.465
202009 3.059 109.815 3.671
202012 2.860 109.897 3.429
202103 2.414 111.754 2.846
202106 2.249 114.631 2.585
202109 2.338 115.734 2.662
202112 2.020 117.630 2.263
202203 1.568 121.301 1.703
202206 1.880 125.017 1.982
202209 1.962 125.227 2.065
202212 1.418 125.222 1.492
202303 1.395 127.348 1.444
202306 1.593 128.729 1.631
202309 1.568 129.860 1.591
202312 1.320 129.419 1.344
202403 1.515 131.776 1.515

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.


Waterstone Financial  (FRA:47Z) 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.


Waterstone Financial Cyclically Adjusted PS Ratio Related Terms

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


Waterstone Financial (FRA:47Z) Business Description

Traded in Other Exchanges
Address
11200 West Plank Court, Wauwatosa, WI, USA, 53226
Waterstone Financial Inc is a holding company. Through its subsidiaries, It operates in two segments: Community Banking and Mortgage Banking. The community banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The vast majority of its revenue comes from the community banking segment.

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