GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank Of The Philippines Inc (PHS:UBP) » Definitions » Cyclically Adjusted PS Ratio

Union Bank Of The Philippines (PHS:UBP) Cyclically Adjusted PS Ratio : 1.87 (As of May. 20, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Union Bank Of The Philippines Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Union Bank Of The Philippines's current share price is ₱33.65. Union Bank Of The Philippines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱17.96. Union Bank Of The Philippines's Cyclically Adjusted PS Ratio for today is 1.87.

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

PHS:UBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.53   Max: 5.3
Current: 1.87

During the past years, Union Bank Of The Philippines's highest Cyclically Adjusted PS Ratio was 5.30. The lowest was 1.87. And the median was 3.53.

PHS:UBP's Cyclically Adjusted PS Ratio is ranked better than
65.38% of 1196 companies
in the Banks industry
Industry Median: 2.4 vs PHS:UBP: 1.87

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.

Union Bank Of The Philippines's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱6.046. 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 ₱17.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Bank Of The Philippines Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Union Bank Of The Philippines'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.

Union Bank Of The Philippines Cyclically Adjusted PS Ratio Chart

Union Bank Of The Philippines 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 2.82 3.16 4.72 4.06 2.85

Union Bank Of The Philippines 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 4.05 3.47 2.90 2.85 2.45

Competitive Comparison of Union Bank Of The Philippines's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Union Bank Of The Philippines'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.


Union Bank Of The Philippines's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Union Bank Of The Philippines 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.

Union Bank Of The Philippines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.65/17.96
=1.87

* 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.

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

For example, Union Bank Of The Philippines'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)
=6.046/131.7762*131.7762
=6.046

Current CPI (Mar. 2024) = 131.7762.

Union Bank Of The Philippines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.421 100.560 3.173
201409 2.190 100.428 2.874
201412 2.564 99.070 3.410
201503 2.090 99.621 2.765
201506 2.125 100.684 2.781
201509 1.800 100.392 2.363
201512 2.634 99.792 3.478
201603 2.372 100.470 3.111
201606 2.677 101.688 3.469
201609 4.442 101.861 5.747
201612 2.877 101.863 3.722
201703 2.767 102.862 3.545
201706 2.922 103.349 3.726
201709 3.211 104.136 4.063
201712 3.112 104.011 3.943
201803 3.474 105.290 4.348
201806 2.934 106.317 3.637
201809 2.617 106.507 3.238
201812 2.790 105.998 3.469
201903 3.059 107.251 3.759
201906 3.171 108.070 3.867
201909 4.255 108.329 5.176
201912 5.161 108.420 6.273
202003 4.177 108.902 5.054
202006 5.697 108.767 6.902
202009 4.351 109.815 5.221
202012 4.314 109.897 5.173
202103 6.255 111.754 7.376
202106 4.899 114.631 5.632
202109 4.009 115.734 4.565
202112 4.128 117.630 4.624
202203 5.169 121.301 5.615
202206 3.934 125.017 4.147
202209 4.959 125.227 5.218
202212 5.051 125.222 5.315
202303 5.419 127.348 5.607
202306 5.999 128.729 6.141
202309 6.012 129.860 6.101
202312 4.879 129.419 4.968
202403 6.046 131.776 6.046

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.


Union Bank Of The Philippines  (PHS:UBP) 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.


Union Bank Of The Philippines Cyclically Adjusted PS Ratio Related Terms

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


Union Bank Of The Philippines (PHS:UBP) Business Description

Traded in Other Exchanges
N/A
Address
Meralco Avenue corner Onyx and Sapphire Streets, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605
Union Bank Of The Philippines Inc is a company which provides commercial banking products and services. It offers loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management and trust banking. The group's main operating business segments are Consumer Banking, Corporate and Commercial Banking, Treasury and Headquarters. The majority share of groups revenue is generated from Consumer Banking business segment which principally handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities.

Union Bank Of The Philippines (PHS:UBP) Headlines

From GuruFocus

Urstadt Biddle Properties Inc. 2020 Annual Meeting of Stockholders

By Business Wire Business Wire 03-16-2020