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New York Community Bancorp (New York Community Bancorp) Cyclically Adjusted PS Ratio : 0.97 (As of Jun. 02, 2024)


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What is New York Community Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-06-02), New York Community Bancorp's current share price is $3.29. New York Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.38. New York Community Bancorp's Cyclically Adjusted PS Ratio for today is 0.97.

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

NYCB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 4.07   Max: 6.3
Current: 0.97

During the past years, New York Community Bancorp's highest Cyclically Adjusted PS Ratio was 6.30. The lowest was 0.84. And the median was 4.07.

NYCB's Cyclically Adjusted PS Ratio is ranked better than
87.13% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs NYCB: 0.97

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.

New York Community Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.019. 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 $3.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Community Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New York Community Bancorp'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.

New York Community Bancorp Cyclically Adjusted PS Ratio Chart

New York Community Bancorp 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 3.94 3.60 4.02 2.76 3.09

New York Community Bancorp 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 2.86 3.48 3.43 3.09 0.95

Competitive Comparison of New York Community Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, New York Community Bancorp'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.


New York Community Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where New York Community Bancorp's Cyclically Adjusted PS Ratio falls into.



New York Community Bancorp 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.

New York Community Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.29/3.38
=0.97

* 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.

New York Community Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New York Community Bancorp'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)
=1.019/131.7762*131.7762
=1.019

Current CPI (Mar. 2024) = 131.7762.

New York Community Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.761 100.560 0.997
201409 0.756 100.428 0.992
201412 0.803 99.070 1.068
201503 0.779 99.621 1.030
201506 0.780 100.684 1.021
201509 0.731 100.392 0.960
201512 -0.851 99.792 -1.124
201603 0.754 100.470 0.989
201606 0.751 101.688 0.973
201609 0.742 101.861 0.960
201612 0.720 101.863 0.931
201703 0.682 102.862 0.874
201706 0.723 103.349 0.922
201709 0.791 104.136 1.001
201712 0.608 104.011 0.770
201803 0.601 105.290 0.752
201806 0.587 106.317 0.728
201809 0.558 106.507 0.690
201812 0.558 105.998 0.694
201903 0.572 107.251 0.703
201906 0.549 108.070 0.669
201909 0.542 108.329 0.659
201912 0.574 108.420 0.698
202003 0.562 108.902 0.680
202006 0.610 108.767 0.739
202009 0.640 109.815 0.768
202012 0.698 109.897 0.837
202103 0.716 111.754 0.844
202106 0.746 114.631 0.858
202109 0.716 115.734 0.815
202112 0.728 117.630 0.816
202203 0.743 121.301 0.807
202206 0.808 125.017 0.852
202209 0.736 125.227 0.774
202212 0.773 125.222 0.813
202303 0.947 127.348 0.980
202306 1.466 128.729 1.501
202309 1.437 129.860 1.458
202312 1.215 129.419 1.237
202403 1.019 131.776 1.019

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.


New York Community Bancorp  (NYSE:NYCB) 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.


New York Community Bancorp Cyclically Adjusted PS Ratio Related Terms

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


New York Community Bancorp (New York Community Bancorp) Business Description

Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, New York, NY, USA, 11801
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.
Executives
Eric Howell officer: SEVP/Pres Comm & Private Bking 102 DUFFY AVENUE, HICKSVILLE NY 11801
Julie Signorille officer: SEVP & COO 102 DUFFY AVENUE, HICKSVILLE NY 11801
Nicholas Christopher Munson officer: EVP & Chief Risk Officer C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Bryan Marx officer: EVP & Princ Accounting Officer 5151 CORPORATE DRIVE, TROY MI 48098
Lee Matthew Smith officer: SEVP & President of Mortgage C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
John Thomas Adams officer: SEVP Dir. Multi-Family Lending C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Reginald E Davis officer: Sr EVP & President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Ronald A. Rosenfeld director NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Alessandro Dinello director, other: Non-Executive Chairman 5300 DEER RIDGE ROAD, JACKSON MI 49201
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Hanif Dahya director NEW YORK COOMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801

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