GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (OTCPK:SWDBY) » Definitions » Cyclically Adjusted PS Ratio

Swedbank AB (Swedbank AB) Cyclically Adjusted PS Ratio : 4.15 (As of Apr. 28, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Swedbank AB Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Swedbank AB's current share price is $19.109. Swedbank AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.61. Swedbank AB's Cyclically Adjusted PS Ratio for today is 4.15.

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

SWDBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.89   Med: 4.15   Max: 6.34
Current: 4.26

During the past years, Swedbank AB's highest Cyclically Adjusted PS Ratio was 6.34. The lowest was 2.89. And the median was 4.15.

SWDBY's Cyclically Adjusted PS Ratio is ranked worse than
81.33% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs SWDBY: 4.26

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.

Swedbank AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.529. 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 $4.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedbank AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB Cyclically Adjusted PS Ratio Chart

Swedbank AB 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 3.92 3.91 4.64 3.96 4.18

Swedbank AB 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 3.74 3.87 4.21 4.18 4.32

Competitive Comparison of Swedbank AB's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Swedbank AB'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.


Swedbank AB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Swedbank AB 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.

Swedbank AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.109/4.61
=4.15

* 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.

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

For example, Swedbank AB'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)
=1.529/130.9575*130.9575
=1.529

Current CPI (Mar. 2024) = 130.9575.

Swedbank AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.355 100.432 1.767
201409 1.254 100.161 1.640
201412 1.026 100.225 1.341
201503 0.983 99.950 1.288
201506 0.987 99.995 1.293
201509 0.969 100.228 1.266
201512 0.981 100.276 1.281
201603 0.963 100.751 1.252
201606 1.054 101.019 1.366
201609 1.029 101.138 1.332
201612 0.941 102.022 1.208
201703 1.052 102.022 1.350
201706 1.050 102.752 1.338
201709 1.136 103.279 1.440
201712 1.006 103.793 1.269
201803 1.139 103.962 1.435
201806 1.158 104.875 1.446
201809 1.072 105.679 1.328
201812 0.972 105.912 1.202
201903 1.078 105.886 1.333
201906 1.060 106.742 1.300
201909 1.012 107.214 1.236
201912 1.098 107.766 1.334
202003 0.918 106.563 1.128
202006 1.142 107.498 1.391
202009 1.143 107.635 1.391
202012 1.239 108.296 1.498
202103 1.188 108.360 1.436
202106 1.250 108.928 1.503
202109 1.216 110.338 1.443
202112 1.143 112.486 1.331
202203 1.020 114.825 1.163
202206 0.983 118.384 1.087
202209 1.096 122.296 1.174
202212 1.348 126.365 1.397
202303 1.459 127.042 1.504
202306 1.477 129.407 1.495
202309 1.457 130.224 1.465
202312 1.635 130.958 1.635
202403 1.529 130.958 1.529

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.


Swedbank AB  (OTCPK:SWDBY) 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.


Swedbank AB Cyclically Adjusted PS Ratio Related Terms

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


Swedbank AB (Swedbank AB) Business Description

Industry
Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB (Swedbank AB) Headlines

From GuruFocus