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Community Bank System (Community Bank System) Cyclically Adjusted PS Ratio : 3.52 (As of Apr. 27, 2024)


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What is Community Bank System Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Community Bank System's current share price is $44.64. Community Bank System's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.68. Community Bank System's Cyclically Adjusted PS Ratio for today is 3.52.

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

CBU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.04   Med: 5.42   Max: 7.78
Current: 3.52

During the past years, Community Bank System's highest Cyclically Adjusted PS Ratio was 7.78. The lowest was 3.04. And the median was 5.42.

CBU's Cyclically Adjusted PS Ratio is ranked worse than
75.25% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CBU: 3.52

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.

Community Bank System's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.309. 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 $12.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Bank System Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Community Bank System'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.

Community Bank System Cyclically Adjusted PS Ratio Chart

Community Bank System 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 6.88 5.88 6.48 5.06 4.11

Community Bank System 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 4.22 3.73 3.32 4.11 -

Competitive Comparison of Community Bank System's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Community Bank System'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.


Community Bank System's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Community Bank System 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.

Community Bank System's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.64/12.68
=3.52

* 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.

Community Bank System's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Community Bank System's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.309/129.4194*129.4194
=3.309

Current CPI (Dec. 2023) = 129.4194.

Community Bank System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.159 99.695 2.803
201406 2.212 100.560 2.847
201409 2.253 100.428 2.903
201412 2.234 99.070 2.918
201503 2.165 99.621 2.813
201506 2.213 100.684 2.845
201509 2.272 100.392 2.929
201512 2.327 99.792 3.018
201603 2.379 100.470 3.064
201606 2.413 101.688 3.071
201609 2.432 101.861 3.090
201612 2.430 101.863 3.087
201703 2.427 102.862 3.054
201706 2.630 103.349 3.293
201709 2.678 104.136 3.328
201712 2.722 104.011 3.387
201803 2.760 105.290 3.393
201806 2.773 106.317 3.376
201809 2.744 106.507 3.334
201812 2.729 105.998 3.332
201903 2.738 107.251 3.304
201906 2.855 108.070 3.419
201909 2.840 108.329 3.393
201912 2.882 108.420 3.440
202003 2.834 108.902 3.368
202006 2.743 108.767 3.264
202009 2.828 109.815 3.333
202012 2.780 109.897 3.274
202103 2.809 111.754 3.253
202106 2.783 114.631 3.142
202109 2.884 115.734 3.225
202112 2.934 117.630 3.228
202203 2.945 121.301 3.142
202206 3.084 125.017 3.193
202209 3.245 125.227 3.354
202212 3.252 125.222 3.361
202303 2.293 127.348 2.330
202306 3.258 128.729 3.275
202309 3.271 129.860 3.260
202312 3.309 129.419 3.309

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.


Community Bank System  (NYSE:CBU) 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.


Community Bank System Cyclically Adjusted PS Ratio Related Terms

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


Community Bank System (Community Bank System) Business Description

Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Bank System Inc is a financial holding company. The company primarily operates through two wholly-owned subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services. Community Bank's business is operating a community bank providing a broad array of banking and financial services. These are offered chiefly to retail, commercial, and municipal customers in non-metropolitan markets, including small towns in upstate New York and Northeastern Pennsylvania. The company has historically relied on acquisitions to fuel growth, in addition to growing organically. A majority of its loan portfolio is tilted toward the consumer market on an installment, line of credit, or residential mortgage loan basis. The majority of the company's net revenue is net interest income.
Executives
Sally A Steele director
Jeffrey M Levy officer: President, Commercial Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
Brian R Ace director
Dimitar Karaivanov officer: EVP Financial Serv & Corp Dev C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
Mark J. Bolus director R.R. 1, BOX 412A, DALTON PA 18414
John F. Whipple director 1692 GOODRICH AVENUE, OLEAN NY 14760
Michael N Abdo officer: EVP and General Counsel 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Jeffrey J Knauss director 2438 EAST LAKE ROAD, SKANEATELES NY 13152
George J Getman officer: Executive VP & General Counsel 7856 CAHILL ROAD, MANLIUS NY 13104
Maureen A Gillan-myer officer: EVP, Chief Human Resources Off C/O HSBC NORTH AMERICA, 452 FIFTH AVENUE, NEW YORK NY 10018
John Parente director 478 SCHOOLHOUSE ROAD, TUNKHANNOCK PA 18657
Joseph Jonathon Lemchak officer: SVP, Chief Investment Officer 4482 YOUNG ROAD, SYRACUSE NY 13215
Eric Stickels director 182 MAIN STREET, ONEIDA NY 13421
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408