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Bank of Punjab (KAR:BOP) Cyclically Adjusted PS Ratio : 0.38 (As of Jun. 06, 2024)


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What is Bank of Punjab Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Bank of Punjab's current share price is ₨4.75. Bank of Punjab's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨12.46. Bank of Punjab's Cyclically Adjusted PS Ratio for today is 0.38.

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

KAR:BOP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.46   Max: 0.72
Current: 0.39

During the past years, Bank of Punjab's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.29. And the median was 0.46.

KAR:BOP's Cyclically Adjusted PS Ratio is ranked better than
96.62% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs KAR:BOP: 0.39

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.

Bank of Punjab's adjusted revenue per share data for the three months ended in Mar. 2024 was ₨3.685. 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 ₨12.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Punjab Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Punjab'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.

Bank of Punjab Cyclically Adjusted PS Ratio Chart

Bank of Punjab 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 - - 0.68 0.38 0.54

Bank of Punjab 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 0.36 0.31 0.35 0.54 0.43

Competitive Comparison of Bank of Punjab's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Punjab'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.


Bank of Punjab's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Punjab 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.

Bank of Punjab's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.75/12.46
=0.38

* 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.

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

For example, Bank of Punjab'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)
=3.685/131.7762*131.7762
=3.685

Current CPI (Mar. 2024) = 131.7762.

Bank of Punjab Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.279 100.560 1.676
201409 1.387 100.428 1.820
201412 2.517 99.070 3.348
201503 2.133 99.621 2.821
201506 2.609 100.684 3.415
201509 2.101 100.392 2.758
201512 2.267 99.792 2.994
201603 2.108 100.470 2.765
201606 2.524 101.688 3.271
201609 1.918 101.861 2.481
201612 2.346 101.863 3.035
201703 2.199 102.862 2.817
201706 3.111 103.349 3.967
201709 2.376 104.136 3.007
201712 1.615 104.011 2.046
201803 1.707 105.290 2.136
201806 1.666 106.317 2.065
201809 1.821 106.507 2.253
201812 1.987 105.998 2.470
201903 2.178 107.251 2.676
201906 2.382 108.070 2.905
201909 2.371 108.329 2.884
201912 2.422 108.420 2.944
202003 2.369 108.902 2.867
202006 3.209 108.767 3.888
202009 3.168 109.815 3.802
202012 2.331 109.897 2.795
202103 2.842 111.754 3.351
202106 2.726 114.631 3.134
202109 2.966 115.734 3.377
202112 2.969 117.630 3.326
202203 3.271 121.301 3.553
202206 2.986 125.017 3.147
202209 2.995 125.227 3.152
202212 3.577 125.222 3.764
202303 3.119 127.348 3.227
202306 3.871 128.729 3.963
202309 4.172 129.860 4.234
202312 6.614 129.419 6.734
202403 3.685 131.776 3.685

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.


Bank of Punjab  (KAR:BOP) 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.


Bank of Punjab Cyclically Adjusted PS Ratio Related Terms

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


Bank of Punjab (KAR:BOP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Main Boulevard, Block E-II, 10-B, BOP Tower, Gulberg III, Lahore, PB, PAK
Bank of Punjab is a financial institution providing a range of customized banking products and services. The bank also provides Islamic banking, payment services, home remittances, and other services. The operating segments of the company are Corporate and investment banking; Consumer and digital banking; Cards and public sector deposits (CPSD); Treasury; Islamic banking and others.

Bank of Punjab (KAR:BOP) Headlines

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