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Firstvings Financial Group (Firstvings Financial Group) Cyclically Adjusted PS Ratio : 1.19 (As of Jun. 04, 2024)


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What is Firstvings Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Firstvings Financial Group's current share price is $16.50. Firstvings Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.89. Firstvings Financial Group's Cyclically Adjusted PS Ratio for today is 1.19.

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

FSFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.92   Max: 6.35
Current: 1.21

During the past years, Firstvings Financial Group's highest Cyclically Adjusted PS Ratio was 6.35. The lowest was 0.94. And the median was 2.92.

FSFG's Cyclically Adjusted PS Ratio is ranked better than
83.21% of 1185 companies
in the Banks industry
Industry Median: 2.38 vs FSFG: 1.21

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.

Firstvings Financial Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.610. 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 $13.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firstvings Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Firstvings Financial Group'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.

Firstvings Financial Group Cyclically Adjusted PS Ratio Chart

Firstvings Financial Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 2.34 2.72 1.87 1.09

Firstvings Financial Group 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 1.25 1.01 1.09 1.24 1.21

Competitive Comparison of Firstvings Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Firstvings Financial Group'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.


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

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

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



Firstvings Financial Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.50/13.89
=1.19

* 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.

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

For example, Firstvings Financial Group'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)
=2.61/131.7762*131.7762
=2.610

Current CPI (Mar. 2024) = 131.7762.

Firstvings Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.111 100.560 1.456
201409 1.095 100.428 1.437
201412 1.081 99.070 1.438
201503 1.047 99.621 1.385
201506 1.168 100.684 1.529
201509 1.179 100.392 1.548
201512 1.103 99.792 1.457
201603 1.068 100.470 1.401
201606 0.539 101.688 0.698
201609 1.410 101.861 1.824
201612 1.267 101.863 1.639
201703 1.284 102.862 1.645
201706 1.369 103.349 1.746
201709 1.479 104.136 1.872
201712 1.548 104.011 1.961
201803 1.587 105.290 1.986
201806 1.787 106.317 2.215
201809 1.974 106.507 2.442
201812 2.159 105.998 2.684
201903 2.393 107.251 2.940
201906 3.164 108.070 3.858
201909 4.089 108.329 4.974
201912 4.060 108.420 4.935
202003 3.068 108.902 3.712
202006 8.329 108.767 10.091
202009 9.902 109.815 11.882
202012 8.376 109.897 10.044
202103 7.493 111.754 8.835
202106 4.598 114.631 5.286
202109 4.297 115.734 4.893
202112 4.231 117.630 4.740
202203 4.763 121.301 5.174
202206 3.631 125.017 3.827
202209 3.022 125.227 3.180
202212 3.076 125.222 3.237
202303 3.255 127.348 3.368
202306 3.235 128.729 3.312
202309 3.064 129.860 3.109
202312 2.470 129.419 2.515
202403 2.610 131.776 2.610

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.


Firstvings Financial Group  (NAS:FSFG) 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.


Firstvings Financial Group Cyclically Adjusted PS Ratio Related Terms

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


Firstvings Financial Group (Firstvings Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
702 North Shore Drive, Suite 300, Jeffersonville, IN, USA, 47130
First Savings Financial Group Inc provides various banking services to individuals and business customers in southern Indiana. The bank accepts deposits from the general public & uses those funds, along with other borrowings, mainly to originate a residential mortgage, commercial mortgage, construction, commercial business, & consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other securities. It conducts lending and deposit activities mainly with individuals and small businesses in its market area. The bank operates in three segments: core banking, which accounts for majority revenue; SBA lending; and mortgage banking.
Executives
Kent L. Parisien officer: EVP, Area President 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Steven R Stemler director C/O FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Larry W Myers director, officer: President & CEO 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Anthony A Schoen officer: Chief Financial Officer 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
L. Chris Fordyce other: Director of Subsidiary FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Frank Czeschin director FIRST SAVINGS FINANCIAL GROUP INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
James E. Valete officer: EVP, Chf SBA Lndg Offc 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
James W Nelson officer: EVP and CRO HUNTINGTON BANCSHARES INCORPORATED, HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Brian A. Simon officer: SVP, Dir of Mtg, Whsle Lndg 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Jonathan E. Handmaker officer: EVP of subsidiary 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
David Z Rosen officer: Treasurer of subsidiary 92 WALNUT STREET, LAWRENCEBURG IN 47025
Troy D. Hanke director 702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Marie Haley officer: EVP and Chief Retail Officer 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Lenfield R. Basham officer: EVP and CIO 501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Lawson John P Jr director, officer: Chief Operations Officer 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129

Firstvings Financial Group (Firstvings Financial Group) Headlines