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Popular (Popular) Cyclically Adjusted PS Ratio : 3.02 (As of Apr. 27, 2024)


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What is Popular Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Popular's current share price is $86.58. Popular's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $28.64. Popular's Cyclically Adjusted PS Ratio for today is 3.02.

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

BPOP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.76   Max: 4.19
Current: 3.07

During the past years, Popular's highest Cyclically Adjusted PS Ratio was 4.19. The lowest was 0.40. And the median was 1.76.

BPOP's Cyclically Adjusted PS Ratio is ranked worse than
67.91% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BPOP: 3.07

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.

Popular's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.359. 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 $28.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Popular Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Popular'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.

Popular Cyclically Adjusted PS Ratio Chart

Popular 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 2.79 2.64 3.49 2.48 2.87

Popular 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 2.48 2.07 2.15 2.21 2.87

Competitive Comparison of Popular's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Popular'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.


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

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

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



Popular 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=86.58/28.64
=3.02

* 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.

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

For example, Popular'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)
=9.359/129.4194*129.4194
=9.359

Current CPI (Dec. 2023) = 129.4194.

Popular Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.283 99.695 5.560
201406 -0.022 100.560 -0.028
201409 4.315 100.428 5.561
201412 4.133 99.070 5.399
201503 4.398 99.621 5.714
201506 4.826 100.684 6.203
201509 4.609 100.392 5.942
201512 4.869 99.792 6.315
201603 4.438 100.470 5.717
201606 4.494 101.688 5.720
201609 4.118 101.861 5.232
201612 3.390 101.863 4.307
201703 4.635 102.862 5.832
201706 4.767 103.349 5.969
201709 4.630 104.136 5.754
201712 4.587 104.011 5.708
201803 4.929 105.290 6.059
201806 6.266 106.317 7.628
201809 5.862 106.507 7.123
201812 6.244 105.998 7.624
201903 6.067 107.251 7.321
201906 6.270 108.070 7.509
201909 6.325 108.329 7.556
201912 6.324 108.420 7.549
202003 6.485 108.902 7.707
202006 6.494 108.767 7.727
202009 6.895 109.815 8.126
202012 6.388 109.897 7.523
202103 7.380 111.754 8.547
202106 7.722 114.631 8.718
202109 8.043 115.734 8.994
202112 7.295 117.630 8.026
202203 7.864 121.301 8.390
202206 8.655 125.017 8.960
202209 13.149 125.227 13.589
202212 9.493 125.222 9.811
202303 9.213 127.348 9.363
202306 9.139 128.729 9.188
202309 9.130 129.860 9.099
202312 9.359 129.419 9.359

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.


Popular  (NAS:BPOP) 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.


Popular Cyclically Adjusted PS Ratio Related Terms

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


Popular (Popular) Business Description

Industry
Traded in Other Exchanges
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, the largest bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. Popular recently restructured PFH and moved much of its activities into BPNA.
Executives
Eli Sepulveda officer: EVP P O BOX 362708, SAN JUAN PR 00936-2708
Eduardo J. Negron officer: Senior Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Camille Burckhart officer: Executive Vice President PO BOX 362708, SAN JUAN PR 00936-2708
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Gilberto Monzon officer: EXECUTIVE VICE PRESIDENT P. O. BOX 362708, SAN JUAN PR 00936-2708
Jorge J. Garcia officer: Senior VP & Comptroller P O BOX 362708, SAN JUAN PR 00936-2708
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Carlos J Vazquez officer: EVP P O BOX 195334, SAN JUAN PR 00919-5334
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Jose R. Coleman-tio officer: EVP & CHIEF LEGAL OFFICER P.O. BOX 362708, SAN JUAN PR 00936-2709
Luis E. Cestero officer: Executive Vice President P O BOX 362708, SAN JUAN PR 00936-2708
Juan Guerrero officer: Executive Vice President P.O. BOX 362708, SAN JUAN PR 00936-2708
Richard L Carrion director, officer: President & Chairman POPULAR INC & BANCO POPULAR DE, 209 MONZ RIVERA AVE 3RD FL PURERTO RICO, HATO REY PR 00918
Carlos Unanue director P O BOX 601467, SAN JUAN PR 00960
Ignacio Alvarez officer: EVP & GENERAL COUNSEL P O BOX 362708, SAN JUAN PR 00936-2708