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Bank of Jerusalem (XTAE:JBNK) Cyclically Adjusted PS Ratio : 1.24 (As of Jun. 08, 2024)


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What is Bank of Jerusalem Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Bank of Jerusalem's current share price is ₪12.41. Bank of Jerusalem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪10.01. Bank of Jerusalem's Cyclically Adjusted PS Ratio for today is 1.24.

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

XTAE:JBNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.36   Max: 1.45
Current: 1.25

During the past years, Bank of Jerusalem's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 1.22. And the median was 1.36.

XTAE:JBNK's Cyclically Adjusted PS Ratio is ranked better than
81.12% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs XTAE:JBNK: 1.25

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.

Bank of Jerusalem's adjusted revenue per share data for the three months ended in Mar. 2024 was ₪3.053. 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 ₪10.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Jerusalem Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Jerusalem'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.

Bank of Jerusalem Cyclically Adjusted PS Ratio Chart

Bank of Jerusalem 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 - - - - 1.29

Bank of Jerusalem 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 - - 1.42 1.29 1.40

Competitive Comparison of Bank of Jerusalem's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Jerusalem'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.


Bank of Jerusalem's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Jerusalem 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.

Bank of Jerusalem's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.41/10.01
=1.24

* 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.

Bank of Jerusalem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Jerusalem'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)
=3.053/131.7762*131.7762
=3.053

Current CPI (Mar. 2024) = 131.7762.

Bank of Jerusalem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.556 100.560 2.039
201409 1.737 100.428 2.279
201412 1.645 99.070 2.188
201503 1.733 99.621 2.292
201506 1.685 100.684 2.205
201509 1.613 100.392 2.117
201512 1.523 99.792 2.011
201603 2.136 100.470 2.802
201606 1.732 101.688 2.244
201609 1.669 101.861 2.159
201612 1.560 101.863 2.018
201703 1.213 102.862 1.554
201706 1.849 103.349 2.358
201709 1.219 104.136 1.543
201712 1.645 104.011 2.084
201803 1.998 105.290 2.501
201806 1.873 106.317 2.322
201809 2.153 106.507 2.664
201812 1.525 105.998 1.896
201903 1.734 107.251 2.131
201906 2.096 108.070 2.556
201909 1.979 108.329 2.407
201912 2.432 108.420 2.956
202003 2.481 108.902 3.002
202006 1.907 108.767 2.310
202009 1.944 109.815 2.333
202012 2.001 109.897 2.399
202103 1.868 111.754 2.203
202106 2.171 114.631 2.496
202109 2.005 115.734 2.283
202112 2.658 117.630 2.978
202203 2.124 121.301 2.307
202206 3.044 125.017 3.209
202209 3.157 125.227 3.322
202212 3.598 125.222 3.786
202303 3.035 127.348 3.141
202306 3.122 128.729 3.196
202309 3.321 129.860 3.370
202312 3.289 129.419 3.349
202403 3.053 131.776 3.053

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.


Bank of Jerusalem  (XTAE:JBNK) 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.


Bank of Jerusalem Cyclically Adjusted PS Ratio Related Terms

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


Bank of Jerusalem (XTAE:JBNK) Business Description

Traded in Other Exchanges
N/A
Address
2 Herbert Samuel Street, Jerusalem, ISR, 91022
Bank of Jerusalem Ltd is a commercial bank specialized in real estate, capital market, savings and international banking. It provides general banking services like accepting deposits, granting loans, mortgages, capital market services, and investment advisory services.

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