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BNP Paribas (BNP Paribas) Cyclically Adjusted PS Ratio : 1.29 (As of May. 25, 2024)


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What is BNP Paribas Cyclically Adjusted PS Ratio?

As of today (2024-05-25), BNP Paribas's current share price is $36.51. BNP Paribas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $28.22. BNP Paribas's Cyclically Adjusted PS Ratio for today is 1.29.

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

BNPQY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.11   Max: 1.45
Current: 1.39

During the past years, BNP Paribas's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.54. And the median was 1.11.

BNPQY's Cyclically Adjusted PS Ratio is ranked better than
78.07% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs BNPQY: 1.39

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.

BNP Paribas's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.488. 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 $28.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BNP Paribas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BNP Paribas'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.

BNP Paribas Cyclically Adjusted PS Ratio Chart

BNP Paribas 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 1.13 0.96 1.33 1.09 1.22

BNP Paribas 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 1.10 1.15 1.19 1.22 1.27

Competitive Comparison of BNP Paribas's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, BNP Paribas'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.


BNP Paribas's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where BNP Paribas's Cyclically Adjusted PS Ratio falls into.



BNP Paribas 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.

BNP Paribas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.51/28.22
=1.29

* 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.

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

For example, BNP Paribas'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)
=5.488/119.4700*119.4700
=5.488

Current CPI (Mar. 2024) = 119.4700.

BNP Paribas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.857 100.180 8.177
201409 4.932 99.920 5.897
201412 7.995 99.860 9.565
201503 4.806 100.170 5.732
201506 6.405 100.440 7.619
201509 4.671 99.950 5.583
201512 7.501 100.040 8.958
201603 4.854 100.020 5.798
201606 6.792 100.630 8.064
201609 4.777 100.340 5.688
201612 7.738 100.650 9.185
201703 4.848 101.170 5.725
201706 6.899 101.320 8.135
201709 4.971 101.330 5.861
201712 9.347 101.850 10.964
201803 5.334 102.750 6.202
201806 7.682 103.370 8.878
201809 4.839 103.560 5.582
201812 8.931 103.470 10.312
201903 5.049 103.890 5.806
201906 7.327 104.580 8.370
201909 4.812 104.500 5.501
201912 9.687 104.980 11.024
202003 4.824 104.590 5.510
202006 7.422 104.790 8.462
202009 5.138 104.550 5.871
202012 9.180 104.960 10.449
202103 5.642 105.750 6.374
202106 8.136 106.340 9.141
202109 5.369 106.810 6.005
202112 9.781 107.850 10.835
202203 5.434 110.490 5.876
202206 4.948 112.550 5.252
202209 4.471 112.740 4.738
202212 9.847 114.160 10.305
202303 5.446 116.790 5.571
202306 5.200 117.650 5.280
202309 5.284 118.260 5.338
202312 11.706 118.390 11.813
202403 5.488 119.470 5.488

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.


BNP Paribas  (OTCPK:BNPQY) 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.


BNP Paribas Cyclically Adjusted PS Ratio Related Terms

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


BNP Paribas (BNP Paribas) Business Description

Industry
Address
16, Boulevard Des Italiens, Paris, FRA, 75009
The merger of Banque Nationale de Paris and Paribas created BNP Paribas in 2000, making it the largest publicly traded bank in France. Although BNP Paribas has operations in about 80 countries, it considers France, Italy, and Belgium to be its home markets.