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Bank Hapoalim BM (Bank Hapoalim BM) Cyclically Adjusted PS Ratio : 2.61 (As of May. 15, 2024)


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What is Bank Hapoalim BM Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Bank Hapoalim BM's current share price is $44.45. Bank Hapoalim BM's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.04. Bank Hapoalim BM's Cyclically Adjusted PS Ratio for today is 2.61.

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

BKHYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.44   Max: 3.13
Current: 2.57

During the past years, Bank Hapoalim BM's highest Cyclically Adjusted PS Ratio was 3.13. The lowest was 1.65. And the median was 2.44.

BKHYY's Cyclically Adjusted PS Ratio is ranked worse than
55.07% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs BKHYY: 2.57

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 Hapoalim BM's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.971. 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 $17.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Hapoalim BM Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank Hapoalim BM'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 Hapoalim BM Cyclically Adjusted PS Ratio Chart

Bank Hapoalim BM 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 2.57 2.02 2.78 2.58 2.54

Bank Hapoalim BM 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 2.58 2.36 2.37 2.61 2.54

Competitive Comparison of Bank Hapoalim BM's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank Hapoalim BM'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 Hapoalim BM's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank Hapoalim BM 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 Hapoalim BM's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.45/17.04
=2.61

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

For example, Bank Hapoalim BM'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)
=4.971/129.4194*129.4194
=4.971

Current CPI (Dec. 2023) = 129.4194.

Bank Hapoalim BM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.376 99.695 4.383
201406 3.693 100.560 4.753
201409 3.524 100.428 4.541
201412 3.631 99.070 4.743
201503 3.630 99.621 4.716
201506 3.845 100.684 4.942
201509 3.575 100.392 4.609
201512 3.503 99.792 4.543
201603 3.557 100.470 4.582
201606 3.972 101.688 5.055
201609 3.605 101.861 4.580
201612 1.859 101.863 2.362
201703 3.621 102.862 4.556
201706 3.199 103.349 4.006
201709 3.269 104.136 4.063
201712 3.061 104.011 3.809
201803 3.201 105.290 3.935
201806 3.583 106.317 4.362
201809 3.680 106.507 4.472
201812 3.628 105.998 4.430
201903 3.212 107.251 3.876
201906 3.671 108.070 4.396
201909 3.265 108.329 3.901
201912 3.380 108.420 4.035
202003 3.337 108.902 3.966
202006 3.208 108.767 3.817
202009 3.333 109.815 3.928
202012 3.249 109.897 3.826
202103 3.613 111.754 4.184
202106 3.570 114.631 4.031
202109 3.672 115.734 4.106
202112 3.591 117.630 3.951
202203 3.902 121.301 4.163
202206 4.117 125.017 4.262
202209 4.829 125.227 4.991
202212 5.246 125.222 5.422
202303 5.415 127.348 5.503
202306 5.802 128.729 5.833
202309 5.367 129.860 5.349
202312 4.971 129.419 4.971

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 Hapoalim BM  (OTCPK:BKHYY) 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 Hapoalim BM Cyclically Adjusted PS Ratio Related Terms

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


Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.