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Univest Financial (FRA:UVE) Cyclically Adjusted PS Ratio : 2.28 (As of May. 22, 2024)


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What is Univest Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Univest Financial's current share price is €20.40. Univest Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.94. Univest Financial's Cyclically Adjusted PS Ratio for today is 2.28.

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

FRA:UVE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.86   Max: 4.33
Current: 2.26

During the past years, Univest Financial's highest Cyclically Adjusted PS Ratio was 4.33. The lowest was 1.66. And the median was 2.86.

FRA:UVE's Cyclically Adjusted PS Ratio is ranked better than
56% of 1191 companies
in the Banks industry
Industry Median: 2.4 vs FRA:UVE: 2.26

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.

Univest Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.398. 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 €8.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Univest Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Univest 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.

Univest Financial Cyclically Adjusted PS Ratio Chart

Univest 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 3.51 2.63 3.50 2.81 2.26

Univest 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 2.49 1.87 1.78 2.26 2.09

Competitive Comparison of Univest Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Univest 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.


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

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

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



Univest 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.40/8.94
=2.28

* 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.

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

For example, Univest 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)
=2.398/131.7762*131.7762
=2.398

Current CPI (Mar. 2024) = 131.7762.

Univest Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.256 100.560 1.646
201409 1.378 100.428 1.808
201412 1.412 99.070 1.878
201503 1.630 99.621 2.156
201506 1.577 100.684 2.064
201509 1.566 100.392 2.056
201512 2.026 99.792 2.675
201603 1.639 100.470 2.150
201606 1.614 101.688 2.092
201609 1.506 101.861 1.948
201612 1.969 101.863 2.547
201703 1.741 102.862 2.230
201706 1.725 103.349 2.199
201709 1.612 104.136 2.040
201712 1.571 104.011 1.990
201803 1.466 105.290 1.835
201806 1.588 106.317 1.968
201809 1.616 106.507 1.999
201812 1.679 105.998 2.087
201903 1.752 107.251 2.153
201906 1.785 108.070 2.177
201909 1.837 108.329 2.235
201912 1.787 108.420 2.172
202003 1.881 108.902 2.276
202006 1.873 108.767 2.269
202009 1.908 109.815 2.290
202012 1.807 109.897 2.167
202103 1.967 111.754 2.319
202106 1.883 114.631 2.165
202109 1.991 115.734 2.267
202112 1.990 117.630 2.229
202203 2.050 121.301 2.227
202206 2.252 125.017 2.374
202209 2.615 125.227 2.752
202212 2.641 125.222 2.779
202303 2.501 127.348 2.588
202306 2.320 128.729 2.375
202309 2.291 129.860 2.325
202312 2.210 129.419 2.250
202403 2.398 131.776 2.398

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.


Univest Financial  (FRA:UVE) 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.


Univest Financial Cyclically Adjusted PS Ratio Related Terms

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


Univest Financial (FRA:UVE) Business Description

Traded in Other Exchanges
Address
14 North Main Street, Souderton, PA, USA, 18964
Univest Financial Corp is engaged in domestic banking services for individuals, businesses, municipalities, and non-profit organizations. The bank has three operating segments; Banking segment provides financial services including a full range of banking services such as deposit taking, loan origination, and servicing, mortgage banking, other general banking services, and equipment lease financing, Wealth Management segment offers investment advisory, financial planning, trust and brokerage services, and The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefits solutions, personal insurance lines and human resources consulting. It generates a majority of its revenue from the banking segment.