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Fifth Third Bancorp (LTS:0IM1) Cyclically Adjusted PS Ratio : 3.96 (As of Oct. 31, 2024)


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What is Fifth Third Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Fifth Third Bancorp's current share price is $44.24. Fifth Third Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $11.18. Fifth Third Bancorp's Cyclically Adjusted PS Ratio for today is 3.96.

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

LTS:0IM1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.32   Max: 5.5
Current: 3.93

During the past years, Fifth Third Bancorp's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 1.61. And the median was 3.32.

LTS:0IM1's Cyclically Adjusted PS Ratio is ranked worse than
76.33% of 1225 companies
in the Banks industry
Industry Median: 2.58 vs LTS:0IM1: 3.93

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.

Fifth Third Bancorp's adjusted revenue per share data for the three months ended in Jun. 2024 was $2.982. 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 $11.18 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fifth Third Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fifth Third Bancorp'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.

Fifth Third Bancorp Cyclically Adjusted PS Ratio Chart

Fifth Third Bancorp 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 3.83 3.34 4.75 3.24 3.19

Fifth Third Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.35 3.19 3.36 3.25 -

Competitive Comparison of Fifth Third Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Fifth Third Bancorp'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.


Fifth Third Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Fifth Third Bancorp 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.

Fifth Third Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.24/11.18
=3.96

* 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.

Fifth Third Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Fifth Third Bancorp's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.982/132.5538*132.5538
=2.982

Current CPI (Jun. 2024) = 132.5538.

Fifth Third Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.602 100.428 2.114
201412 1.730 99.070 2.315
201503 1.720 99.621 2.289
201506 1.789 100.684 2.355
201509 1.898 100.392 2.506
201512 1.888 99.792 2.508
201603 1.877 100.470 2.476
201606 1.837 101.688 2.395
201609 1.851 101.861 2.409
201612 1.835 101.863 2.388
201703 1.832 102.862 2.361
201706 1.907 103.349 2.446
201709 1.942 104.136 2.472
201712 1.949 104.011 2.484
201803 2.049 105.290 2.580
201806 2.212 106.317 2.758
201809 2.266 106.507 2.820
201812 2.380 105.998 2.976
201903 2.357 107.251 2.913
201906 2.458 108.070 3.015
201909 2.598 108.329 3.179
201912 2.528 108.420 3.091
202003 2.550 108.902 3.104
202006 2.499 108.767 3.046
202009 2.546 109.815 3.073
202012 2.457 109.897 2.964
202103 2.553 111.754 3.028
202106 2.589 114.631 2.994
202109 2.733 115.734 3.130
202112 2.690 117.630 3.031
202203 2.601 121.301 2.842
202206 2.804 125.017 2.973
202209 3.016 125.227 3.192
202212 3.231 125.222 3.420
202303 3.127 127.348 3.255
202306 3.043 128.729 3.133
202309 3.035 129.860 3.098
202312 3.006 129.419 3.079
202403 3.003 131.776 3.021
202406 2.982 132.554 2.982

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.


Fifth Third Bancorp  (LTS:0IM1) 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.


Fifth Third Bancorp Cyclically Adjusted PS Ratio Related Terms

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Fifth Third Bancorp Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp Headlines

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