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Stanbic IBTC Holdings (NSA:STANBIC) Cyclically Adjusted PS Ratio : 2.90 (As of Jun. 09, 2024)


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What is Stanbic IBTC Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Stanbic IBTC Holdings's current share price is ₦52.20. Stanbic IBTC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₦18.01. Stanbic IBTC Holdings's Cyclically Adjusted PS Ratio for today is 2.90.

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

NSA:STANBIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.89   Max: 4.9
Current: 2.9

During the past years, Stanbic IBTC Holdings's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.91. And the median was 2.89.

NSA:STANBIC's Cyclically Adjusted PS Ratio is ranked worse than
64.09% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs NSA:STANBIC: 2.90

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.

Stanbic IBTC Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ₦10.674. 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 ₦18.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanbic IBTC Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stanbic IBTC Holdings'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.

Stanbic IBTC Holdings Cyclically Adjusted PS Ratio Chart

Stanbic IBTC Holdings 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 - - 2.76 2.28 4.12

Stanbic IBTC Holdings 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 2.46 3.32 4.73 4.12 3.11

Competitive Comparison of Stanbic IBTC Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Stanbic IBTC Holdings'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.


Stanbic IBTC Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Stanbic IBTC Holdings's Cyclically Adjusted PS Ratio falls into.



Stanbic IBTC Holdings 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.

Stanbic IBTC Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.20/18.01
=2.90

* 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.

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

For example, Stanbic IBTC Holdings'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)
=10.674/131.7762*131.7762
=10.674

Current CPI (Mar. 2024) = 131.7762.

Stanbic IBTC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.181 100.560 2.858
201409 2.248 100.428 2.950
201412 2.335 99.070 3.106
201503 2.114 99.621 2.796
201506 2.041 100.684 2.671
201509 2.209 100.392 2.900
201512 2.175 99.792 2.872
201603 2.356 100.470 3.090
201606 2.339 101.688 3.031
201609 3.136 101.861 4.057
201612 2.972 101.863 3.845
201703 3.342 102.862 4.281
201706 3.388 103.349 4.320
201709 3.776 104.136 4.778
201712 3.865 104.011 4.897
201803 3.862 105.290 4.834
201806 4.114 106.317 5.099
201809 3.758 106.507 4.650
201812 3.411 105.998 4.241
201903 3.931 107.251 4.830
201906 3.898 108.070 4.753
201909 3.844 108.329 4.676
201912 3.676 108.420 4.468
202003 4.166 108.902 5.041
202006 4.035 108.767 4.889
202009 3.705 109.815 4.446
202012 2.089 109.897 2.505
202103 3.016 111.754 3.556
202106 3.027 114.631 3.480
202109 3.411 115.734 3.884
202112 3.712 117.630 4.158
202203 4.306 121.301 4.678
202206 4.457 125.017 4.698
202209 4.759 125.227 5.008
202212 4.941 125.222 5.200
202303 6.235 127.348 6.452
202306 6.925 128.729 7.089
202309 6.978 129.860 7.081
202312 7.123 129.419 7.253
202403 10.674 131.776 10.674

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.


Stanbic IBTC Holdings  (NSA:STANBIC) 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.


Stanbic IBTC Holdings Cyclically Adjusted PS Ratio Related Terms

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


Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Traded in Other Exchanges
N/A
Address
Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA
Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

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