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Katahdin Bankshares (Katahdin Bankshares) Cyclically Adjusted PS Ratio : 1.79 (As of May. 28, 2024)


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What is Katahdin Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Katahdin Bankshares's current share price is $21.00. Katahdin Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.70. Katahdin Bankshares's Cyclically Adjusted PS Ratio for today is 1.79.

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

KTHN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.14   Max: 2.64
Current: 1.79

During the past years, Katahdin Bankshares's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 1.78. And the median was 2.14.

KTHN's Cyclically Adjusted PS Ratio is ranked better than
67.06% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs KTHN: 1.79

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.

Katahdin Bankshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.965. 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 $11.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katahdin Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Katahdin 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.

Katahdin Bankshares Cyclically Adjusted PS Ratio Chart

Katahdin 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 - 2.03 2.57 2.04 1.94

Katahdin 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 1.86 1.83 1.84 1.94 1.92

Competitive Comparison of Katahdin Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Katahdin 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.


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

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

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



Katahdin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.00/11.7
=1.79

* 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.

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

For example, Katahdin 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)
=2.965/131.7762*131.7762
=2.965

Current CPI (Mar. 2024) = 131.7762.

Katahdin Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.918 100.560 2.513
201409 1.972 100.428 2.588
201412 1.989 99.070 2.646
201503 1.919 99.621 2.538
201506 1.991 100.684 2.606
201509 2.085 100.392 2.737
201512 2.096 99.792 2.768
201603 2.026 100.470 2.657
201606 2.265 101.688 2.935
201609 2.259 101.861 2.922
201612 2.142 101.863 2.771
201703 2.101 102.862 2.692
201706 2.259 103.349 2.880
201709 2.187 104.136 2.767
201712 2.309 104.011 2.925
201803 2.238 105.290 2.801
201806 2.242 106.317 2.779
201809 2.327 106.507 2.879
201812 2.361 105.998 2.935
201903 2.307 107.251 2.835
201906 2.469 108.070 3.011
201909 2.533 108.329 3.081
201912 2.428 108.420 2.951
202003 2.376 108.902 2.875
202006 2.696 108.767 3.266
202009 2.729 109.815 3.275
202012 3.029 109.897 3.632
202103 2.704 111.754 3.188
202106 2.717 114.631 3.123
202109 2.781 115.734 3.166
202112 2.644 117.630 2.962
202203 2.550 121.301 2.770
202206 2.677 125.017 2.822
202209 2.934 125.227 3.087
202212 3.062 125.222 3.222
202303 2.997 127.348 3.101
202306 3.005 128.729 3.076
202309 3.064 129.860 3.109
202312 3.122 129.419 3.179
202403 2.965 131.776 2.965

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.


Katahdin Bankshares  (OTCPK:KTHN) 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.


Katahdin Bankshares Cyclically Adjusted PS Ratio Related Terms

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


Katahdin Bankshares (Katahdin Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730
Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.

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