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Gulf Bank KSC (KUW:GBK) Cyclically Adjusted PS Ratio : 4.28 (As of May. 28, 2024)


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What is Gulf Bank KSC Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Gulf Bank KSC's current share price is KWD0.257. Gulf Bank KSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.06. Gulf Bank KSC's Cyclically Adjusted PS Ratio for today is 4.28.

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

KUW:GBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.4   Med: 4.33   Max: 5.64
Current: 4.19

During the past years, Gulf Bank KSC's highest Cyclically Adjusted PS Ratio was 5.64. The lowest was 3.40. And the median was 4.33.

KUW:GBK's Cyclically Adjusted PS Ratio is ranked worse than
81.51% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs KUW:GBK: 4.19

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.

Gulf Bank KSC's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.012. 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 KWD0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Bank KSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gulf Bank KSC'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.

Gulf Bank KSC Cyclically Adjusted PS Ratio Chart

Gulf Bank KSC 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 - 3.45 4.19 4.73 4.38

Gulf Bank KSC 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 4.43 4.12 4.06 4.38 4.54

Competitive Comparison of Gulf Bank KSC's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Gulf Bank KSC'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.


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

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

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



Gulf Bank KSC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.257/0.06
=4.28

* 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.

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

For example, Gulf Bank KSC'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)
=0.012/131.7762*131.7762
=0.012

Current CPI (Mar. 2024) = 131.7762.

Gulf Bank KSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.010 100.560 0.013
201409 0.012 100.428 0.016
201412 0.012 99.070 0.016
201503 0.012 99.621 0.016
201506 0.012 100.684 0.016
201509 0.013 100.392 0.017
201512 0.011 99.792 0.015
201603 0.012 100.470 0.016
201606 0.012 101.688 0.016
201609 0.012 101.861 0.016
201612 0.012 101.863 0.016
201703 0.013 102.862 0.017
201706 0.014 103.349 0.018
201709 0.013 104.136 0.016
201712 0.014 104.011 0.018
201803 0.014 105.290 0.018
201806 0.015 106.317 0.019
201809 0.014 106.507 0.017
201812 0.015 105.998 0.019
201903 0.014 107.251 0.017
201906 0.014 108.070 0.017
201909 0.014 108.329 0.017
201912 0.020 108.420 0.024
202003 0.011 108.902 0.013
202006 0.012 108.767 0.015
202009 0.012 109.815 0.014
202012 0.012 109.897 0.014
202103 0.012 111.754 0.014
202106 0.012 114.631 0.014
202109 0.012 115.734 0.014
202112 0.013 117.630 0.015
202203 0.011 121.301 0.012
202206 0.013 125.017 0.014
202209 0.013 125.227 0.014
202212 0.014 125.222 0.015
202303 0.012 127.348 0.012
202306 0.013 128.729 0.013
202309 0.014 129.860 0.014
202312 0.013 129.419 0.013
202403 0.012 131.776 0.012

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.


Gulf Bank KSC  (KUW:GBK) 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.


Gulf Bank KSC Cyclically Adjusted PS Ratio Related Terms

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


Gulf Bank KSC (KUW:GBK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032
Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

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