GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered Bank (Pakistan) Ltd (KAR:SCBPL) » Definitions » Cyclically Adjusted PS Ratio

Standard Chartered Bank (Pakistan) (KAR:SCBPL) Cyclically Adjusted PS Ratio : 4.41 (As of Jun. 01, 2024)


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

What is Standard Chartered Bank (Pakistan) Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Standard Chartered Bank (Pakistan)'s current share price is ₨58.49. Standard Chartered Bank (Pakistan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨13.25. Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio for today is 4.41.

The historical rank and industry rank for Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

KAR:SCBPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.52   Max: 4.16
Current: 4.13

During the past years, Standard Chartered Bank (Pakistan)'s highest Cyclically Adjusted PS Ratio was 4.16. The lowest was 1.80. And the median was 2.52.

KAR:SCBPL's Cyclically Adjusted PS Ratio is ranked worse than
80.74% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs KAR:SCBPL: 4.13

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.

Standard Chartered Bank (Pakistan)'s adjusted revenue per share data for the three months ended in Mar. 2024 was ₨7.607. 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 ₨13.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chartered Bank (Pakistan) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Standard Chartered Bank (Pakistan)'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.

Standard Chartered Bank (Pakistan) Cyclically Adjusted PS Ratio Chart

Standard Chartered Bank (Pakistan) 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 - - 4.04 1.93 2.83

Standard Chartered Bank (Pakistan) 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 1.84 1.92 2.41 2.83 3.06

Competitive Comparison of Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Standard Chartered Bank (Pakistan)'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.


Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio falls into.



Standard Chartered Bank (Pakistan) 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.

Standard Chartered Bank (Pakistan)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.49/13.25
=4.41

* 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.

Standard Chartered Bank (Pakistan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Standard Chartered Bank (Pakistan)'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)
=7.607/131.7762*131.7762
=7.607

Current CPI (Mar. 2024) = 131.7762.

Standard Chartered Bank (Pakistan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.852 100.560 2.427
201409 1.906 100.428 2.501
201412 1.880 99.070 2.501
201503 2.052 99.621 2.714
201506 2.026 100.684 2.652
201509 1.856 100.392 2.436
201512 1.740 99.792 2.298
201603 1.972 100.470 2.586
201606 1.822 101.688 2.361
201609 1.506 101.861 1.948
201612 1.508 101.863 1.951
201703 1.739 102.862 2.228
201706 1.716 103.349 2.188
201709 1.526 104.136 1.931
201712 1.587 104.011 2.011
201803 1.751 105.290 2.191
201806 1.805 106.317 2.237
201809 1.731 106.507 2.142
201812 2.138 105.998 2.658
201903 2.427 107.251 2.982
201906 2.440 108.070 2.975
201909 2.589 108.329 3.149
201912 2.726 108.420 3.313
202003 3.099 108.902 3.750
202006 3.027 108.767 3.667
202009 2.236 109.815 2.683
202012 2.311 109.897 2.771
202103 2.170 111.754 2.559
202106 2.321 114.631 2.668
202109 2.452 115.734 2.792
202112 2.515 117.630 2.817
202203 3.730 121.301 4.052
202206 3.422 125.017 3.607
202209 4.605 125.227 4.846
202212 4.205 125.222 4.425
202303 5.312 127.348 5.497
202306 6.810 128.729 6.971
202309 7.863 129.860 7.979
202312 7.313 129.419 7.446
202403 7.607 131.776 7.607

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.


Standard Chartered Bank (Pakistan)  (KAR:SCBPL) 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.


Standard Chartered Bank (Pakistan) Cyclically Adjusted PS Ratio Related Terms

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


Standard Chartered Bank (Pakistan) (KAR:SCBPL) Business Description

Traded in Other Exchanges
N/A
Address
I.I.Chundrigarh Road, P.O. Box No. 5556, Karachi, PAK, 74000
Standard Chartered Bank (Pakistan) Ltd is a banking corporation based in Pakistan. It provides retail and corporate banking services to customers. The products and services provided by the bank include credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium-sized enterprises as well as trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance. It also provides the complete suite of Islamic banking solutions under its Standard Chartered Saadiq brand. The company's revenue comprises of fees, commission and interest and dividend received from its products and services. The Bank operates only in Pakistan.

Standard Chartered Bank (Pakistan) (KAR:SCBPL) Headlines

No Headlines