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Banco Bilbao Vizcaya Argentaria (XAMS:BBV) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco Bilbao Vizcaya Argentaria'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.

Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Chart

Banco Bilbao Vizcaya Argentaria 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 1.16 1.05 1.34 1.37 1.91

Banco Bilbao Vizcaya Argentaria 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 1.58 1.66 1.78 1.91 2.51

Competitive Comparison of Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.


Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio falls into.



Banco Bilbao Vizcaya Argentaria 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.

Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banco Bilbao Vizcaya Argentaria'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)
=1.233/122.7621*122.7621
=1.233

Current CPI (Mar. 2024) = 122.7621.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.862 101.081 1.047
201409 0.813 100.441 0.994
201412 1.058 100.251 1.296
201503 0.843 99.474 1.040
201506 0.869 101.138 1.055
201509 0.961 99.559 1.185
201512 1.432 100.268 1.753
201603 0.815 98.638 1.014
201606 1.121 100.333 1.372
201609 0.833 99.737 1.025
201612 1.340 101.842 1.615
201703 0.906 100.896 1.102
201706 0.951 101.848 1.146
201709 0.786 101.524 0.950
201712 1.023 102.975 1.220
201803 0.904 102.122 1.087
201806 0.875 104.165 1.031
201809 0.860 103.818 1.017
201812 0.935 104.193 1.102
201903 0.907 103.488 1.076
201906 0.887 104.612 1.041
201909 0.918 103.905 1.085
201912 0.973 105.015 1.137
202003 0.914 103.469 1.084
202006 0.741 104.254 0.873
202009 0.747 103.521 0.886
202012 0.704 104.456 0.827
202103 0.827 104.857 0.968
202106 0.863 107.102 0.989
202109 0.858 107.669 0.978
202112 0.821 111.298 0.906
202203 0.922 115.153 0.983
202206 1.056 118.044 1.098
202209 1.145 117.221 1.199
202212 0.973 117.650 1.015
202303 1.044 118.948 1.077
202306 1.368 120.278 1.396
202309 1.387 121.343 1.403
202312 1.115 121.300 1.128
202403 1.233 122.762 1.233

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.


Banco Bilbao Vizcaya Argentaria  (XAMS:BBV) 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.


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Related Terms

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Banco Bilbao Vizcaya Argentaria (XAMS:BBV) Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.

Banco Bilbao Vizcaya Argentaria (XAMS:BBV) Headlines

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