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Erste Group Bank AG. (BSE:EBS) Cyclically Adjusted PS Ratio : 2.12 (As of May. 28, 2024)


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What is Erste Group Bank AG. Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Erste Group Bank AG.'s current share price is lei223.70. Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei105.41. Erste Group Bank AG.'s Cyclically Adjusted PS Ratio for today is 2.12.

The historical rank and industry rank for Erste Group Bank AG.'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BSE:EBS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.75   Max: 2.43
Current: 2.21

During the past years, Erste Group Bank AG.'s highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.86. And the median was 1.75.

BSE:EBS's Cyclically Adjusted PS Ratio is ranked better than
56.47% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs BSE:EBS: 2.21

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.

Erste Group Bank AG.'s adjusted revenue per share data for the three months ended in Mar. 2024 was lei32.929. 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 lei105.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Erste Group Bank AG. Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Erste Group Bank AG.'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.

Erste Group Bank AG. Cyclically Adjusted PS Ratio Chart

Erste Group Bank AG. 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 1.86 1.40 2.29 1.54 1.75

Erste Group Bank AG. 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 1.53 1.57 1.58 1.75 1.93

Competitive Comparison of Erste Group Bank AG.'s Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Erste Group Bank AG.'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.


Erste Group Bank AG.'s Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Erste Group Bank AG.'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Erste Group Bank AG.'s Cyclically Adjusted PS Ratio falls into.



Erste Group Bank AG. 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.

Erste Group Bank AG.'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=223.70/105.41
=2.12

* 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.

Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Erste Group Bank AG.'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)
=32.929/133.7589*133.7589
=32.929

Current CPI (Mar. 2024) = 133.7589.

Erste Group Bank AG. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.308 99.496 25.957
201409 11.730 99.586 15.755
201412 22.559 99.676 30.273
201503 19.627 99.992 26.255
201506 19.271 100.492 25.651
201509 19.591 100.292 26.129
201512 19.334 100.692 25.683
201603 19.385 100.692 25.751
201606 23.334 101.092 30.874
201609 20.116 101.192 26.590
201612 20.320 102.092 26.623
201703 18.786 102.592 24.493
201706 20.675 102.991 26.851
201709 22.643 103.591 29.237
201712 22.777 104.291 29.213
201803 21.924 104.491 28.065
201806 22.412 105.091 28.526
201809 21.439 105.691 27.132
201812 22.085 106.291 27.792
201903 21.561 106.391 27.107
201906 19.677 106.791 24.646
201909 21.286 106.991 26.611
201912 22.093 108.091 27.339
202003 20.085 108.024 24.870
202006 22.782 107.915 28.238
202009 24.058 108.348 29.700
202012 24.769 109.321 30.306
202103 23.385 110.186 28.388
202106 22.040 110.943 26.573
202109 25.484 111.916 30.458
202112 22.937 113.971 26.919
202203 24.170 117.647 27.480
202206 24.749 120.567 27.457
202209 23.086 123.811 24.941
202212 24.895 125.541 26.525
202303 28.530 128.460 29.707
202306 32.295 130.191 33.180
202309 32.449 131.272 33.064
202312 29.426 132.570 29.690
202403 32.929 133.759 32.929

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.


Erste Group Bank AG.  (BSE:EBS) 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.


Erste Group Bank AG. Cyclically Adjusted PS Ratio Related Terms

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


Erste Group Bank AG. (BSE:EBS) Business Description

Address
Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is a financial services provider. Its banking operations is the retail and corporate customer business in the eastern part of the European Union, including Austria. The geographical areas consist of two core markets, Austria and Central and Eastern Europe and a residual segment Other comprises the remaining business activities of the bank outside its core markets as well as the reconciliation to the consolidated accounting result. The company's operating segment include Retail; Corporates; Group Markets; Asset/Liability Management and Local Corporate Center; Savings Banks and Group Corporate Center.

Erste Group Bank AG. (BSE:EBS) Headlines

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