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Virginia National Bankshares (Virginia National Bankshares) Cyclically Adjusted PS Ratio : 2.54 (As of Jun. 06, 2024)


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What is Virginia National Bankshares Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Virginia National Bankshares's current share price is $30.43. Virginia National Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.98. Virginia National Bankshares's Cyclically Adjusted PS Ratio for today is 2.54.

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

VABK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.41   Max: 6.45
Current: 2.53

During the past years, Virginia National Bankshares's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 2.02. And the median was 3.41.

VABK's Cyclically Adjusted PS Ratio is ranked worse than
53.59% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs VABK: 2.53

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.

Virginia National Bankshares's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.367. 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 $11.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virginia National Bankshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Virginia National 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.

Virginia National Bankshares Cyclically Adjusted PS Ratio Chart

Virginia National 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 4.24 2.85 3.56 3.14 2.93

Virginia National 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 3.00 2.64 2.47 2.93 2.51

Competitive Comparison of Virginia National Bankshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Virginia National 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.


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

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

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



Virginia National 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.43/11.98
=2.54

* 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.

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

For example, Virginia National 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)
=2.367/131.7762*131.7762
=2.367

Current CPI (Mar. 2024) = 131.7762.

Virginia National Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.582 100.560 2.073
201409 1.582 100.428 2.076
201412 1.847 99.070 2.457
201503 1.667 99.621 2.205
201506 1.835 100.684 2.402
201509 2.002 100.392 2.628
201512 1.958 99.792 2.586
201603 2.133 100.470 2.798
201606 2.170 101.688 2.812
201609 2.268 101.861 2.934
201612 2.352 101.863 3.043
201703 2.274 102.862 2.913
201706 2.505 103.349 3.194
201709 2.487 104.136 3.147
201712 2.752 104.011 3.487
201803 2.762 105.290 3.457
201806 2.604 106.317 3.228
201809 2.625 106.507 3.248
201812 2.516 105.998 3.128
201903 2.426 107.251 2.981
201906 2.617 108.070 3.191
201909 2.484 108.329 3.022
201912 2.615 108.420 3.178
202003 2.615 108.902 3.164
202006 2.683 108.767 3.251
202009 2.735 109.815 3.282
202012 3.200 109.897 3.837
202103 2.571 111.754 3.032
202106 3.029 114.631 3.482
202109 3.160 115.734 3.598
202112 3.010 117.630 3.372
202203 2.559 121.301 2.780
202206 3.012 125.017 3.175
202209 3.099 125.227 3.261
202212 3.787 125.222 3.985
202303 2.918 127.348 3.019
202306 2.930 128.729 2.999
202309 2.548 129.860 2.586
202312 2.402 129.419 2.446
202403 2.367 131.776 2.367

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.


Virginia National Bankshares  (NAS:VABK) 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.


Virginia National Bankshares Cyclically Adjusted PS Ratio Related Terms

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


Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902

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