GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bankinter SA (CHIX:BKTe) » Definitions » Cyclically Adjusted PS Ratio

Bankinter (CHIX:BKTE) Cyclically Adjusted PS Ratio : 3.06 (As of May. 24, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Bankinter Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Bankinter's current share price is €7.856. Bankinter's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.57. Bankinter's Cyclically Adjusted PS Ratio for today is 3.06.

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

CHIX:BKTe' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.44   Max: 3.65
Current: 2.99

During the past years, Bankinter's highest Cyclically Adjusted PS Ratio was 3.65. The lowest was 1.19. And the median was 2.44.

CHIX:BKTe's Cyclically Adjusted PS Ratio is ranked worse than
65.04% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs CHIX:BKTe: 2.99

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.

Bankinter's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.854. 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 €2.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bankinter Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bankinter'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.

Bankinter Cyclically Adjusted PS Ratio Chart

Bankinter 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 2.48 1.66 2.13 2.72 2.31

Bankinter 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 2.21 2.33 2.44 2.31 2.64

Competitive Comparison of Bankinter's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bankinter'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.


Bankinter's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bankinter 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.

Bankinter's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.856/2.57
=3.06

* 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.

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

For example, Bankinter'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)
=0.854/122.7621*122.7621
=0.854

Current CPI (Mar. 2024) = 122.7621.

Bankinter Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.474 101.081 0.576
201409 0.398 100.441 0.486
201412 0.430 100.251 0.527
201503 0.462 99.474 0.570
201506 0.449 101.138 0.545
201509 0.432 99.559 0.533
201512 0.491 100.268 0.601
201603 0.465 98.638 0.579
201606 0.488 100.333 0.597
201609 0.477 99.737 0.587
201612 0.556 101.842 0.670
201703 0.510 100.896 0.621
201706 0.527 101.848 0.635
201709 0.513 101.524 0.620
201712 0.653 102.975 0.778
201803 0.553 102.122 0.665
201806 0.552 104.165 0.651
201809 0.543 103.818 0.642
201812 0.659 104.193 0.776
201903 0.445 103.488 0.528
201906 0.498 104.612 0.584
201909 0.485 103.905 0.573
201912 0.555 105.015 0.649
202003 0.469 103.469 0.556
202006 0.537 104.254 0.632
202009 0.487 103.521 0.578
202012 0.531 104.456 0.624
202103 0.509 104.857 0.596
202106 0.564 107.102 0.646
202109 0.571 107.669 0.651
202112 0.553 111.298 0.610
202203 0.561 115.153 0.598
202206 0.604 118.044 0.628
202209 0.622 117.221 0.651
202212 0.713 117.650 0.744
202303 0.779 118.948 0.804
202306 0.818 120.278 0.835
202309 0.819 121.343 0.829
202312 0.843 121.300 0.853
202403 0.854 122.762 0.854

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.


Bankinter  (CHIX:BKTe) 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.


Bankinter Cyclically Adjusted PS Ratio Related Terms

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


Bankinter (CHIX:BKTE) Business Description

Industry
Address
Paseo de la Castellana 29, Madrid, ESP, 28046
Bankinter SA is a bank operating primarily in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. The bank's strategy emphasizes innovation, as well as both organic and acquisitive growth, including international expansion beginning with Portugal. Bankinter's stated purpose for this expansion is to diversify its revenue base away from traditional spread lending and toward fee and commission income from private banking and asset management. To this end, the company has also placed an increasingly greater emphasis on corporate banking and higher-margin consumer finance.

Bankinter (CHIX:BKTE) Headlines

No Headlines