GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Habib Bank Ltd (KAR:HBL) » Definitions » Cyclically Adjusted PS Ratio

Habib Bank (KAR:HBL) Cyclically Adjusted PS Ratio : 0.90 (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Habib Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Habib Bank's current share price is ₨106.85. Habib Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨118.10. Habib Bank's Cyclically Adjusted PS Ratio for today is 0.90.

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

KAR:HBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.01   Max: 1.9
Current: 0.97

During the past years, Habib Bank's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.64. And the median was 1.01.

KAR:HBL's Cyclically Adjusted PS Ratio is ranked better than
87.33% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs KAR:HBL: 0.97

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.

Habib Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was ₨53.955. 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 ₨118.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Habib Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Habib Bank'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.

Habib Bank Cyclically Adjusted PS Ratio Chart

Habib Bank 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 - 1.76 1.39 0.66 0.99

Habib Bank 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 0.73 0.70 0.83 0.99 0.88

Competitive Comparison of Habib Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Habib Bank'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.


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

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

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



Habib Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=106.85/118.1
=0.90

* 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.

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

For example, Habib Bank'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)
=53.955/131.7762*131.7762
=53.955

Current CPI (Mar. 2024) = 131.7762.

Habib Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.510 100.560 20.325
201409 15.166 100.428 19.900
201412 15.619 99.070 20.775
201503 17.660 99.621 23.360
201506 19.619 100.684 25.678
201509 19.807 100.392 25.999
201512 18.079 99.792 23.873
201603 17.763 100.470 23.298
201606 19.116 101.688 24.772
201609 18.900 101.861 24.451
201612 17.791 101.863 23.016
201703 18.387 102.862 23.555
201706 19.329 103.349 24.646
201709 20.414 104.136 25.832
201712 17.935 104.011 22.723
201803 16.036 105.290 20.070
201806 17.244 106.317 21.373
201809 16.977 106.507 21.005
201812 15.359 105.998 19.094
201903 19.424 107.251 23.866
201906 17.024 108.070 20.758
201909 22.686 108.329 27.596
201912 21.658 108.420 26.324
202003 21.998 108.902 26.619
202006 30.643 108.767 37.125
202009 28.505 109.815 34.206
202012 25.406 109.897 30.464
202103 27.898 111.754 32.896
202106 27.801 114.631 31.959
202109 27.058 115.734 30.809
202112 27.286 117.630 30.568
202203 31.657 121.301 34.391
202206 34.198 125.017 36.047
202209 35.997 125.227 37.880
202212 34.272 125.222 36.066
202303 39.403 127.348 40.773
202306 49.271 128.729 50.437
202309 52.473 129.860 53.247
202312 50.351 129.419 51.268
202403 53.955 131.776 53.955

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.


Habib Bank  (KAR:HBL) 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.


Habib Bank Cyclically Adjusted PS Ratio Related Terms

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


Habib Bank (KAR:HBL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
HBL Tower, Plot No. G-4, KDA Scheme 5, Block 7 Clifton, Karachi, PAK, 75650
Habib Bank Ltd is engaged in commercial banking related services in Pakistan and overseas. The operating business segments are Branch banking, Consumer, SME and rural banking, Islamic banking, Corporate, commercial and investment banking, International and correspondent banking, Treasury, Asset management, Microfinance and Head Office / Others. The company operates in Pakistan, the Middle East, Asia and Africa, and Europe and North America. The branch banking segment derives maximum revenue for the company.

Habib Bank (KAR:HBL) Headlines

No Headlines