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Arab Banking (Jordan) (AMM:ABCO) Cyclically Adjusted PS Ratio : 1.60 (As of May. 24, 2024)


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What is Arab Banking (Jordan) Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Arab Banking (Jordan)'s current share price is JOD0.67. Arab Banking (Jordan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was JOD0.42. Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio for today is 1.60.

The historical rank and industry rank for Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

AMM:ABCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.52   Med: 1.66   Max: 1.98
Current: 1.6

During the past years, Arab Banking (Jordan)'s highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 1.52. And the median was 1.66.

AMM:ABCO's Cyclically Adjusted PS Ratio is ranked better than
72.18% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs AMM:ABCO: 1.60

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.

Arab Banking (Jordan)'s adjusted revenue per share data for the three months ended in Mar. 2024 was JOD0.083. 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 JOD0.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arab Banking (Jordan) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arab Banking (Jordan)'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.

Arab Banking (Jordan) Cyclically Adjusted PS Ratio Chart

Arab Banking (Jordan) 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 - - 1.85 1.64 1.78

Arab Banking (Jordan) 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 1.59 1.62 1.66 1.78 1.67

Competitive Comparison of Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Arab Banking (Jordan)'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.


Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio falls into.



Arab Banking (Jordan) 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.

Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.67/0.42
=1.60

* 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.

Arab Banking (Jordan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arab Banking (Jordan)'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)
=0.083/131.7762*131.7762
=0.083

Current CPI (Mar. 2024) = 131.7762.

Arab Banking (Jordan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.183 100.560 0.240
201409 0.179 100.428 0.235
201412 -0.117 99.070 -0.156
201503 0.103 99.621 0.136
201506 0.200 100.684 0.262
201509 0.197 100.392 0.259
201512 -0.138 99.792 -0.182
201603 0.110 100.470 0.144
201606 0.107 101.688 0.139
201609 0.103 101.861 0.133
201612 0.104 101.863 0.135
201703 0.102 102.862 0.131
201706 0.097 103.349 0.124
201709 0.099 104.136 0.125
201712 0.097 104.011 0.123
201803 0.092 105.290 0.115
201806 0.096 106.317 0.119
201809 0.097 106.507 0.120
201812 0.097 105.998 0.121
201903 0.095 107.251 0.117
201906 0.096 108.070 0.117
201909 0.110 108.329 0.134
201912 0.015 108.420 0.018
202003 0.096 108.902 0.116
202006 0.089 108.767 0.108
202009 0.105 109.815 0.126
202012 0.025 109.897 0.030
202103 0.100 111.754 0.118
202106 0.105 114.631 0.121
202109 0.100 115.734 0.114
202112 0.027 117.630 0.030
202203 0.077 121.301 0.084
202206 0.078 125.017 0.082
202209 0.090 125.227 0.095
202212 0.069 125.222 0.073
202303 0.096 127.348 0.099
202306 0.094 128.729 0.096
202309 0.095 129.860 0.096
202312 0.061 129.419 0.062
202403 0.083 131.776 0.083

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.


Arab Banking (Jordan)  (AMM:ABCO) 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.


Arab Banking (Jordan) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Arab Banking (Jordan)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arab Banking (Jordan) (AMM:ABCO) Business Description

Traded in Other Exchanges
N/A
Address
38 Abdul Rahim Al-Waked Street, Shmeisani, Bank ABC (Jordan) Building, P.O.Box 926691, Amman, JOR, 11190
Arab Banking Corp (Jordan) is a company operating in the banking industry. The business segments of the bank are Retail banking, Corporate banking. and Treasury. The majority of the revenue is earned through retail segment.

Arab Banking (Jordan) (AMM:ABCO) Headlines

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