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National Bank Holdings (National Bank Holdings) Cyclically Adjusted PS Ratio : 3.71 (As of May. 22, 2024)


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What is National Bank Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-22), National Bank Holdings's current share price is $36.875. National Bank Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.95. National Bank Holdings's Cyclically Adjusted PS Ratio for today is 3.71.

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

NBHC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.05   Med: 4.67   Max: 6.18
Current: 3.73

During the past years, National Bank Holdings's highest Cyclically Adjusted PS Ratio was 6.18. The lowest was 3.05. And the median was 4.67.

NBHC's Cyclically Adjusted PS Ratio is ranked worse than
77.67% of 1191 companies
in the Banks industry
Industry Median: 2.4 vs NBHC: 3.73

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.

National Bank Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.628. 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 $9.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Bank Holdings'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.

National Bank Holdings Cyclically Adjusted PS Ratio Chart

National Bank Holdings 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 - 4.81 5.58 4.78 3.85

National Bank Holdings 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 3.68 3.11 3.11 3.85 3.63

Competitive Comparison of National Bank Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, National Bank Holdings'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.


National Bank Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where National Bank Holdings's Cyclically Adjusted PS Ratio falls into.



National Bank Holdings 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.

National Bank Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.875/9.95
=3.71

* 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.

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

For example, National Bank Holdings'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)
=2.628/131.7762*131.7762
=2.628

Current CPI (Mar. 2024) = 131.7762.

National Bank Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.162 100.560 1.523
201409 1.223 100.428 1.605
201412 1.631 99.070 2.169
201503 1.278 99.621 1.691
201506 1.302 100.684 1.704
201509 1.434 100.392 1.882
201512 1.606 99.792 2.121
201603 1.510 100.470 1.981
201606 1.568 101.688 2.032
201609 1.778 101.861 2.300
201612 1.537 101.863 1.988
201703 1.541 102.862 1.974
201706 1.797 103.349 2.291
201709 1.700 104.136 2.151
201712 1.657 104.011 2.099
201803 2.031 105.290 2.542
201806 2.162 106.317 2.680
201809 2.125 106.507 2.629
201812 2.220 105.998 2.760
201903 2.152 107.251 2.644
201906 2.280 108.070 2.780
201909 2.595 108.329 3.157
201912 2.203 108.420 2.678
202003 2.322 108.902 2.810
202006 2.757 108.767 3.340
202009 2.913 109.815 3.496
202012 2.601 109.897 3.119
202103 2.487 111.754 2.933
202106 2.196 114.631 2.524
202109 2.403 115.734 2.736
202112 2.327 117.630 2.607
202203 2.114 121.301 2.297
202206 2.387 125.017 2.516
202209 2.697 125.227 2.838
202212 2.820 125.222 2.968
202303 2.842 127.348 2.941
202306 2.719 128.729 2.783
202309 2.766 129.860 2.807
202312 2.727 129.419 2.777
202403 2.628 131.776 2.628

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.


National Bank Holdings  (NYSE:NBHC) 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.


National Bank Holdings Cyclically Adjusted PS Ratio Related Terms

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


National Bank Holdings (National Bank Holdings) Business Description

Traded in Other Exchanges
Address
7800 East Orchard Road, Suite 300, Greenwood Village, CO, USA, 80111
National Bank Holdings Corp is a bank holding company. It provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed-maturity time deposits. It also provides commercial and industrial loans and leases. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit card, wire transfer, automated clearing house, and electronic bill payments.
Executives
Christopher S. Randall officer: EVP, Comm. & Specialty Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
G. Timothy Laney director, officer: Chief Executive Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Brendan W Zahl officer: EVP NBH Residential Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Newfield Richard U Jr. officer: Chief Risk Mngmt Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Warren Burney S. Iii director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Maria F Spring director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Angela Nicole Petrucci officer: Chief Admin Officer NATIONAL BANK HOLDINGS CORPORATION, 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Whitney A. Bartelli officer: Chief Marketing Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Patrick G. Sobers officer: EVP, Consumer & Smll Bus. Bnkg 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Ruth Stevenson officer: Chief Client Executive 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Zsolt K Bessko officer: Chief Admin Officer 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Aldis Birkans officer: Chief Financial Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Denabeele Nicole Van officer: Chief Accounting Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111