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BankUnited (BankUnited) Cyclically Adjusted PS Ratio : 2.27 (As of Apr. 27, 2024)


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What is BankUnited Cyclically Adjusted PS Ratio?

As of today (2024-04-27), BankUnited's current share price is $27.26. BankUnited's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.99. BankUnited's Cyclically Adjusted PS Ratio for today is 2.27.

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

BKU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 3.26   Max: 5.42
Current: 2.27

During the past years, BankUnited's highest Cyclically Adjusted PS Ratio was 5.42. The lowest was 1.42. And the median was 3.26.

BKU's Cyclically Adjusted PS Ratio is ranked better than
54.14% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BKU: 2.27

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.

BankUnited's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.199. 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 $11.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BankUnited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BankUnited'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.

BankUnited Cyclically Adjusted PS Ratio Chart

BankUnited 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 4.10 3.78 4.14 3.01 2.71

BankUnited 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 1.95 1.83 1.90 2.71 -

Competitive Comparison of BankUnited's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, BankUnited'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.


BankUnited's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



BankUnited 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.

BankUnited's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.26/11.99
=2.27

* 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.

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

For example, BankUnited'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)
=3.199/129.4194*129.4194
=3.199

Current CPI (Dec. 2023) = 129.4194.

BankUnited Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.946 99.695 2.526
201406 1.842 100.560 2.371
201409 1.851 100.428 2.385
201412 1.929 99.070 2.520
201503 1.900 99.621 2.468
201506 1.959 100.684 2.518
201509 2.131 100.392 2.747
201512 2.243 99.792 2.909
201603 2.221 100.470 2.861
201606 2.344 101.688 2.983
201609 2.383 101.861 3.028
201612 2.474 101.863 3.143
201703 2.455 102.862 3.089
201706 2.539 103.349 3.179
201709 2.777 104.136 3.451
201712 2.696 104.011 3.355
201803 2.603 105.290 3.200
201806 2.723 106.317 3.315
201809 2.785 106.507 3.384
201812 3.259 105.998 3.979
201903 2.319 107.251 2.798
201906 2.341 108.070 2.803
201909 2.372 108.329 2.834
201912 2.375 108.420 2.835
202003 2.196 108.902 2.610
202006 2.507 108.767 2.983
202009 2.448 109.815 2.885
202012 2.497 109.897 2.941
202103 2.463 111.754 2.852
202106 2.507 114.631 2.830
202109 2.423 115.734 2.710
202112 2.896 117.630 3.186
202203 2.657 121.301 2.835
202206 3.009 125.017 3.115
202209 3.357 125.227 3.469
202212 3.560 125.222 3.679
202303 3.302 127.348 3.356
202306 3.260 128.729 3.277
202309 3.287 129.860 3.276
202312 3.199 129.419 3.199

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.


BankUnited  (NYSE:BKU) 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.


BankUnited Cyclically Adjusted PS Ratio Related Terms

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


BankUnited (BankUnited) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14817 Oak Lane, Miami Lakes, FL, USA, 33016
BankUnited Inc is a bank holding company with one wholly owned subsidiary, BankUnited. The bank provides a full range of banking services through banking centers located primarily throughout Florida, as well as New York City. BankUnited is a commercially focused regional bank focusing on small and middle-market businesses, but also provides certain commercial lending and deposit products on a national platform. It has historically grown through organic growth. BankUnited was established by a group of investors who acquired the assets and most of the liabilities of its predecessor from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with an investment of over $900 million. most of its revenue comprises net interest income derived mostly from loans.
Executives
Germaine Smith-baugh director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Kevin A. Malcolm other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
A. Gail Prudenti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jay D. Richards officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
John N. Digiacomo director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Douglas J Pauls officer: Chief Financial Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Sanjiv Sobti director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rishi Bansal other: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Rajinder P Singh officer: Chief Operating Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Leslie Lunak officer: Chief Financial Officer C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Michael R. Alford officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
William S. Rubenstein director C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Mark Bagnoli officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Thomas M. Cornish officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016
Jeffrey Starr officer: Officer of Subsidiary C/O BANKUNITED, INC., 14817 OAK LANE, MIAMI LAKES FL 33016

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