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Oconee Federal Financial (Oconee Federal Financial) Cyclically Adjusted PS Ratio : 3.72 (As of May. 26, 2024)


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What is Oconee Federal Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Oconee Federal Financial's current share price is $12.9999. Oconee Federal Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $3.49. Oconee Federal Financial's Cyclically Adjusted PS Ratio for today is 3.72.

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

OFED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.01   Med: 7.66   Max: 10.34
Current: 3.73

During the past years, Oconee Federal Financial's highest Cyclically Adjusted PS Ratio was 10.34. The lowest was 3.01. And the median was 7.66.

OFED's Cyclically Adjusted PS Ratio is ranked worse than
77.65% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs OFED: 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.

Oconee Federal Financial's adjusted revenue per share data for the three months ended in Sep. 2023 was $0.618. 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 $3.49 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oconee Federal Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oconee Federal 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.

Oconee Federal Financial Cyclically Adjusted PS Ratio Chart

Oconee Federal Financial Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.66 9.26 7.74 6.49

Oconee Federal Financial Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 6.49 7.18 7.41 5.39 3.65

Competitive Comparison of Oconee Federal Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Oconee Federal 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.


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

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

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



Oconee Federal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.9999/3.49
=3.72

* 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.

Oconee Federal Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Oconee Federal Financial's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.618/129.8595*129.8595
=0.618

Current CPI (Sep. 2023) = 129.8595.

Oconee Federal Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.516 98.790 0.678
201312 0.556 98.326 0.734
201403 0.543 99.695 0.707
201406 0.534 100.560 0.690
201409 0.547 100.428 0.707
201412 0.652 99.070 0.855
201503 0.825 99.621 1.075
201506 0.834 100.684 1.076
201509 0.897 100.392 1.160
201512 0.797 99.792 1.037
201603 0.832 100.470 1.075
201606 0.808 101.688 1.032
201609 0.786 101.861 1.002
201612 0.770 101.863 0.982
201703 0.824 102.862 1.040
201706 0.729 103.349 0.916
201709 0.716 104.136 0.893
201712 0.717 104.011 0.895
201803 0.718 105.290 0.886
201806 0.742 106.317 0.906
201809 0.707 106.507 0.862
201812 0.726 105.998 0.889
201903 0.733 107.251 0.888
201906 0.727 108.070 0.874
201909 0.709 108.329 0.850
201912 0.698 108.420 0.836
202003 0.765 108.902 0.912
202006 0.731 108.767 0.873
202009 0.760 109.815 0.899
202012 0.738 109.897 0.872
202103 0.695 111.754 0.808
202106 0.732 114.631 0.829
202109 0.694 115.734 0.779
202112 0.765 117.630 0.845
202203 0.746 121.301 0.799
202206 0.760 125.017 0.789
202209 0.825 125.227 0.856
202212 0.760 125.222 0.788
202303 0.665 127.348 0.678
202309 0.618 129.860 0.618

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.


Oconee Federal Financial  (OTCPK:OFED) 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.


Oconee Federal Financial Cyclically Adjusted PS Ratio Related Terms

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


Oconee Federal Financial (Oconee Federal Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 East North Second Street, Seneca, SC, USA, 29678
Oconee Federal Financial Corp is a United States-based stock holding company. The company through its subsidiaries provides banking products and services in the us states of South Carolina and Georgia. Its principal business activity involves attracting retail deposits from the public and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and, to a lesser extent, non-residential mortgage, construction and land, agricultural, and other loans.
Executives
Curtis T Evatt director, officer: EVP and CFO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Charles Todd Latiff officer: Senior Vice President 201 EAST NORTH SECOND STREET, SENECA SC 29678
David H Stafford officer: SVP and COO 201 E. NORTH SECOND STREET, SENECA SC 29678
John William Hobbs officer: SVP and CFO 6650 CALHOUN MEMORIAL HWY, EASLEY SC 29640
H Allen Salter officer: SVP and CFO C/O OCONEE FEDERAL FINANCIAL CORP., 201 EAST NORTH SECOND STREET, SENECA SC 29678
Sandifer Cecil T Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
T. Rhett Evatt director, officer: President and CEO C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mays Harry B Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Mclellan Robert N Jr. director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
W. Maurice Poore director C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678
Nancy M Carter officer: Senior VP and Asst. Treasurer C/O OCONEE FEDERAL SAVINGS AND LOAN, 201 E NORTH SECOND STREET, SENECA SC 29678

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