Corporacion Financiera Colombiana (BOG:CORFICOLCF) Cyclically Adjusted PS Ratio : 0.54 (As of May. 17, 2024)

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What is Corporacion Financiera Colombiana Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Corporacion Financiera Colombiana's current share price is COP15500.00. Corporacion Financiera Colombiana's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was COP28,455.10. Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio for today is 0.54.

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

BOG:CORFICOLCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.52 Max: 0.64
Current: 0.52

During the past 11 years, Corporacion Financiera Colombiana's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.41. And the median was 0.52.

BOG:CORFICOLCF's Cyclically Adjusted PS Ratio is ranked better than
92.24% of 876 companies
in the Asset Management industry
Industry Median: 7.41 vs BOG:CORFICOLCF: 0.52

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.

Corporacion Financiera Colombiana's adjusted revenue per share data of for the fiscal year that ended in Dec23 was COP30,469.432. 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 COP28,455.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Corporacion Financiera Colombiana Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corporacion Financiera Colombiana'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.

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Corporacion Financiera Colombiana Cyclically Adjusted PS Ratio Chart

Corporacion Financiera Colombiana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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0.55

0.47

Corporacion Financiera Colombiana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															0.55	-	-	-	0.47

Competitive Comparison of Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Corporacion Financiera Colombiana'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.

Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio falls into.

Corporacion Financiera Colombiana 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.

Corporacion Financiera Colombiana's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	15500.00	/	28455.1
	=	0.54

Corporacion Financiera Colombiana's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Corporacion Financiera Colombiana's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	30469.432	/	129.4194	*	129.4194
	=	30,469.432

Current CPI (Dec23) = 129.4194.

Corporacion Financiera Colombiana Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	13,507.979	99.070	17,646.107
201512	10,602.962	99.792	13,750.837
201612	24,442.068	101.863	31,054.329
201712	21,327.620	104.011	26,537.627
201812	29,228.362	105.998	35,686.717
201912	26,045.688	108.420	31,090.336
202012	26,757.935	109.897	31,511.344
202112	30,352.143	117.630	33,394.311
202212	32,325.870	125.222	33,409.476
202312	30,469.432	129.419	30,469.432

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.

Corporacion Financiera Colombiana (BOG:CORFICOLCF) 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.

Corporacion Financiera Colombiana Cyclically Adjusted PS Ratio Related Terms

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Corporacion Financiera Colombiana (BOG:CORFICOLCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corporacion Financiera Colombiana SA (BOG:CORFICOLCF) » Definitions » Cyclically Adjusted PS Ratio

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Traded in Other Exchanges

PFCORFICOL:Columbia

Address

Carrera 13 No. 26-45, Floor 8, Bogota, COL

Website

https://www.corficolombiana.com

Corporacion Financiera Colombiana SA is a financial service provider based in Colombia. The company along with its subsidiaries provides investment banking, commercial banking, treasury, and investments services to its customers. Through its business divisions, it offers debt and capital resources, mergers and acquisitions services, liquidity solutions, and foreign currency.

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