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Banco Bilbao Vizcaya Argentaria (Banco Bilbao Vizcaya Argentaria) Cyclically Adjusted PS Ratio : 2.43 (As of Apr. 29, 2024)


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What is Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Banco Bilbao Vizcaya Argentaria's current share price is $11.58. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.77. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio for today is 2.43.

The historical rank and industry rank for Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio or its related term are showing as below:

BBVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.37   Max: 2.56
Current: 2.55

During the past years, Banco Bilbao Vizcaya Argentaria's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 0.57. And the median was 1.37.

BBVA's Cyclically Adjusted PS Ratio is ranked worse than
55.91% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BBVA: 2.55

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.

Banco Bilbao Vizcaya Argentaria's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.301. 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 $4.77 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.37 1.57 1.66 1.78 1.91

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.58/4.77
=2.43

* 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.

Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco Bilbao Vizcaya Argentaria's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.301/121.2698*121.2698
=1.301

Current CPI (Dec. 2023) = 121.2698.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.143 100.139 1.384
201406 1.171 101.081 1.405
201409 1.047 100.441 1.264
201412 1.653 100.251 2.000
201503 0.912 99.474 1.112
201506 0.975 101.138 1.169
201509 1.079 99.559 1.314
201512 1.407 100.268 1.702
201603 0.908 98.638 1.116
201606 1.265 100.333 1.529
201609 0.935 99.737 1.137
201612 1.284 101.842 1.529
201703 0.969 100.896 1.165
201706 1.029 101.848 1.225
201709 1.032 101.524 1.233
201712 1.213 102.975 1.429
201803 1.037 102.122 1.231
201806 0.931 104.165 1.084
201809 0.973 103.818 1.137
201812 0.992 104.193 1.155
201903 0.925 103.488 1.084
201906 0.902 104.612 1.046
201909 0.935 103.905 1.091
201912 1.083 105.015 1.251
202003 1.052 103.469 1.233
202006 0.700 104.254 0.814
202009 0.822 103.521 0.963
202012 0.779 104.456 0.904
202103 0.922 104.857 1.066
202106 0.849 107.102 0.961
202109 0.977 107.669 1.100
202112 0.923 111.298 1.006
202203 1.015 115.153 1.069
202206 1.124 118.044 1.155
202209 1.179 117.221 1.220
202212 1.055 117.650 1.087
202303 1.428 118.948 1.456
202306 1.449 120.278 1.461
202309 1.498 121.343 1.497
202312 1.301 121.270 1.301

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  (NYSE:BBVA) 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 (Banco Bilbao Vizcaya Argentaria) 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.