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Central Pacific Financial (Central Pacific Financial) Cyclically Adjusted PS Ratio : 2.28 (As of Jun. 07, 2024)


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What is Central Pacific Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Central Pacific Financial's current share price is $20.33. Central Pacific Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.91. Central Pacific Financial's Cyclically Adjusted PS Ratio for today is 2.28.

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

CPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.82   Max: 4.36
Current: 2.28

During the past years, Central Pacific Financial's highest Cyclically Adjusted PS Ratio was 4.36. The lowest was 0.17. And the median was 0.82.

CPF's Cyclically Adjusted PS Ratio is ranked better than
52.82% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs CPF: 2.28

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.

Central Pacific Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.224. 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 $8.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Pacific Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central Pacific 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.

Central Pacific Financial Cyclically Adjusted PS Ratio Chart

Central Pacific Financial 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 1.69 2.96 3.91 2.51 2.27

Central Pacific Financial 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 2.16 1.86 1.93 2.27 2.22

Competitive Comparison of Central Pacific Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Central Pacific 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.


Central Pacific Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Central Pacific 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.

Central Pacific Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.33/8.91
=2.28

* 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.

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

For example, Central Pacific Financial'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)
=2.224/131.7762*131.7762
=2.224

Current CPI (Mar. 2024) = 131.7762.

Central Pacific Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.297 100.560 1.700
201409 1.292 100.428 1.695
201412 1.199 99.070 1.595
201503 1.334 99.621 1.765
201506 1.414 100.684 1.851
201509 1.495 100.392 1.962
201512 1.376 99.792 1.817
201603 1.516 100.470 1.988
201606 1.579 101.688 2.046
201609 1.580 101.861 2.044
201612 1.461 101.863 1.890
201703 1.652 102.862 2.116
201706 1.602 103.349 2.043
201709 1.684 104.136 2.131
201712 1.578 104.011 1.999
201803 1.671 105.290 2.091
201806 1.720 106.317 2.132
201809 1.784 106.507 2.207
201812 1.813 105.998 2.254
201903 1.924 107.251 2.364
201906 1.893 108.070 2.308
201909 1.917 108.329 2.332
201912 2.143 108.420 2.605
202003 1.971 108.902 2.385
202006 2.094 108.767 2.537
202009 2.115 109.815 2.538
202012 2.441 109.897 2.927
202103 2.096 111.754 2.472
202106 2.143 114.631 2.464
202109 2.308 115.734 2.628
202112 2.378 117.630 2.664
202203 2.127 121.301 2.311
202206 2.484 125.017 2.618
202209 2.320 125.227 2.441
202212 2.497 125.222 2.628
202303 2.353 127.348 2.435
202306 2.290 128.729 2.344
202309 2.234 129.860 2.267
202312 2.240 129.419 2.281
202403 2.224 131.776 2.224

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.


Central Pacific Financial  (NYSE:CPF) 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.


Central Pacific Financial Cyclically Adjusted PS Ratio Related Terms

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


Central Pacific Financial (Central Pacific Financial) Business Description

Traded in Other Exchanges
N/A
Address
220 South King Street, Honolulu, HI, USA, 96813
Central Pacific Financial Corp operates in the financial services sector in the United States. It is a full-service commercial bank offering a broad range of banking products and services, including accepting time and demand deposits and originating loans. Bank's deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to applicable limits. The bank is not a member of the Federal Reserve System. The company's loans include commercial loans, construction loans, commercial and residential mortgage loans and consumer loans. The company derives income from interest and fees on loans, interest on investment securities and fees received in connection with deposits and other services.
Executives
Agnes Catherine Ngo officer: EVP and CAO 220 S KING STREET, HONOLULU HI 96817
Camp Friedman Christine H H director 220 SOUTH KING STREET, HONOLULU HI 96813
Arnold D Martines officer: Senior Vice President 220 SOUTH KING ST, HONOLULU HI 96813
Paul K Yonamine director C/O HOKU SCIENTIFIC, INC., 2153 NORTH KING STREET, SUITE 300, HONOLULU HI 96819
Earl E Fry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kisan Jo officer: EVP 220 SOUTH KING ST, 870, HONOLULU HI 96813
Diane Murakami officer: EVP 220 SOUTH KING ST, 870, HONOLULU HI 96813
Jason Fujimoto director 220 SOUTH KING ST, 870, HONOLULU HI 96813
Paul Kosasa director ABC STORE, 766 POHNKAINA ST, HONOLULU HI 96813
Jonathan B Kindred director 220 SOUTH KING STREET, HONOLULU HI 96813
Saedene K Ota director 220 SOUTH KING ST, #870, HONOLULU HI 96813
Wayne K Kamitaki director 220 SOUTH KING ST, #870, HONOLULU HI 96813
Crystal Rose director 47-460 WAIHEE PLACE, KANEOHE HI 96744
Kevin Vincent Dahlstrom officer: EVP, CHIEF MARKETING OFFICER 220 S KING STREET, #870, HONOLULU HI 96813
John C Dean other: Acting Exec Chairman of Board 220 S. KING STREET, HONOLULU HI 96813