GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Cyclically Adjusted PS Ratio

DFCC Bank (COL:DFCC.N0000) Cyclically Adjusted PS Ratio : 1.26 (As of May. 26, 2024)


View and export this data going back to 1956. Start your Free Trial

What is DFCC Bank Cyclically Adjusted PS Ratio?

As of today (2024-05-26), DFCC Bank's current share price is රු80.00. DFCC Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was රු63.38. DFCC Bank's Cyclically Adjusted PS Ratio for today is 1.26.

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

COL:DFCC.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.13   Max: 1.56
Current: 1.26

During the past years, DFCC Bank's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.54. And the median was 1.13.

COL:DFCC.N0000's Cyclically Adjusted PS Ratio is ranked better than
81.34% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs COL:DFCC.N0000: 1.26

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.

DFCC Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was රු24.641. 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 රු63.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFCC Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DFCC Bank'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.

DFCC Bank Cyclically Adjusted PS Ratio Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.13 0.55 1.27

DFCC Bank 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 0.76 0.78 1.40 1.27 1.20

Competitive Comparison of DFCC Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, DFCC Bank'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.


DFCC Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



DFCC Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.00/63.38
=1.26

* 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.

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

For example, DFCC Bank'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)
=24.641/131.7762*131.7762
=24.641

Current CPI (Mar. 2024) = 131.7762.

DFCC Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.030 100.560 9.212
201409 7.914 100.428 10.384
201412 10.352 99.070 13.770
201503 7.135 99.621 9.438
201506 7.423 100.684 9.715
201509 7.107 100.392 9.329
201512 12.550 99.792 16.572
201603 8.902 100.470 11.676
201606 8.173 101.688 10.591
201609 9.331 101.861 12.071
201612 11.593 101.863 14.997
201703 11.508 102.862 14.743
201706 13.203 103.349 16.835
201709 9.188 104.136 11.627
201712 13.711 104.011 17.371
201803 12.424 105.290 15.549
201806 9.546 106.317 11.832
201809 17.459 106.507 21.601
201812 15.392 105.998 19.135
201903 10.600 107.251 13.024
201906 9.963 108.070 12.149
201909 12.610 108.329 15.339
201912 13.401 108.420 16.288
202003 12.285 108.902 14.865
202006 11.404 108.767 13.816
202009 10.290 109.815 12.348
202012 9.431 109.897 11.309
202103 14.471 111.754 17.064
202106 12.235 114.631 14.065
202109 13.590 115.734 15.474
202112 14.061 117.630 15.752
202203 17.126 121.301 18.605
202206 18.290 125.017 19.279
202209 21.816 125.227 22.957
202212 22.039 125.222 23.193
202303 27.583 127.348 28.542
202306 21.387 128.729 21.893
202309 25.514 129.860 25.891
202312 20.507 129.419 20.880
202403 24.641 131.776 24.641

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.


DFCC Bank  (COL:DFCC.N0000) 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.


DFCC Bank Cyclically Adjusted PS Ratio Related Terms

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


DFCC Bank (COL:DFCC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

No Headlines