GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texim Bank AD (XBUL:TXIM) » Definitions » Cyclically Adjusted PS Ratio

Texim Bank AD (XBUL:TXIM) Cyclically Adjusted PS Ratio : 5.93 (As of May. 27, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Texim Bank AD Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Texim Bank AD's current share price is лв3.50. Texim Bank AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was лв0.59. Texim Bank AD's Cyclically Adjusted PS Ratio for today is 5.93.

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

XBUL:TXIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.42   Med: 6   Max: 7.17
Current: 5.9

During the past 12 years, Texim Bank AD's highest Cyclically Adjusted PS Ratio was 7.17. The lowest was 5.42. And the median was 6.00.

XBUL:TXIM's Cyclically Adjusted PS Ratio is ranked worse than
91.51% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs XBUL:TXIM: 5.90

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.

Texim Bank AD's adjusted revenue per share data of for the fiscal year that ended in Dec22 was лв0.734. 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 лв0.59 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texim Bank AD Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Texim Bank AD'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.

Texim Bank AD Cyclically Adjusted PS Ratio Chart

Texim Bank AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.67 6.24 5.56

Texim Bank AD Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 6.67 6.24 5.56

Competitive Comparison of Texim Bank AD's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Texim Bank AD'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.


Texim Bank AD's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Texim Bank AD 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.

Texim Bank AD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.50/0.59
=5.93

* 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.

Texim Bank AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Texim Bank AD's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.734/125.2218*125.2218
=0.734

Current CPI (Dec22) = 125.2218.

Texim Bank AD Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.249 98.326 0.317
201412 0.409 99.070 0.517
201512 0.459 99.792 0.576
201612 0.446 101.863 0.548
201712 0.427 104.011 0.514
201812 0.527 105.998 0.623
201912 0.642 108.420 0.741
202012 0.593 109.897 0.676
202112 0.649 117.630 0.691
202212 0.734 125.222 0.734

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.


Texim Bank AD  (XBUL:TXIM) 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.


Texim Bank AD Cyclically Adjusted PS Ratio Related Terms

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


Texim Bank AD (XBUL:TXIM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Boulevard Kn. Maria-Luisa 107, Sofia, BGR, 1202
Texim Bank AD operates in the banking sector. The company performs general banking functions in Bulgaria.

Texim Bank AD (XBUL:TXIM) Headlines

No Headlines