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National Development Bank (COL:NDB.N0000) Cyclically Adjusted PS Ratio : 1.09 (As of Jun. 05, 2025)


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What is National Development Bank Cyclically Adjusted PS Ratio?

As of today (2025-06-05), National Development Bank's current share price is රු116.50. National Development Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was රු106.59. National Development Bank's Cyclically Adjusted PS Ratio for today is 1.09.

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

COL:NDB.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.66   Max: 1.21
Current: 1.03

During the past years, National Development Bank's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.29. And the median was 0.66.

COL:NDB.N0000's Cyclically Adjusted PS Ratio is ranked better than
89.96% of 1245 companies
in the Banks industry
Industry Median: 2.72 vs COL:NDB.N0000: 1.03

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.

National Development Bank's adjusted revenue per share data for the three months ended in Mar. 2025 was රු27.238. 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 රු106.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Development Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Development 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.

National Development Bank Cyclically Adjusted PS Ratio Chart

National Development Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.66 0.30 0.63 1.06

National Development Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.67 0.77 0.75 1.06 1.00

Competitive Comparison of National Development Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, National Development 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.


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

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

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


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National Development 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=116.50/106.59
=1.09

* 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.

National Development Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, National Development Bank's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=27.238/134.9266*134.9266
=27.238

Current CPI (Mar. 2025) = 134.9266.

National Development Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 12.842 100.684 17.210
201509 14.865 100.392 19.979
201512 15.523 99.792 20.988
201603 14.298 100.470 19.201
201606 13.587 101.688 18.028
201609 14.803 101.861 19.608
201612 13.458 101.863 17.826
201703 14.684 102.862 19.261
201706 15.893 103.349 20.749
201709 19.175 104.136 24.845
201712 16.822 104.011 21.822
201803 23.374 105.290 29.953
201806 25.236 106.317 32.027
201809 23.554 106.507 29.839
201812 19.872 105.998 25.295
201903 20.353 107.251 25.605
201906 24.699 108.070 30.837
201909 23.598 108.329 29.392
201912 23.285 108.420 28.978
202003 22.164 108.902 27.461
202006 23.884 108.767 29.628
202009 26.999 109.815 33.173
202012 23.397 109.897 28.726
202103 30.788 111.754 37.172
202106 18.076 114.631 21.276
202109 25.524 115.734 29.757
202112 22.743 117.630 26.087
202203 25.809 121.301 28.708
202206 31.545 125.017 34.046
202209 23.759 125.227 25.599
202212 29.158 125.222 31.418
202303 25.117 127.348 26.612
202306 22.884 128.729 23.986
202309 37.024 129.860 38.469
202312 28.166 129.419 29.365
202403 25.117 131.776 25.717
202406 31.803 132.554 32.372
202409 24.034 133.029 24.377
202412 32.802 133.157 33.238
202503 27.238 134.927 27.238

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.


National Development Bank  (COL:NDB.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.


National Development Bank Cyclically Adjusted PS Ratio Related Terms

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


National Development Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 40, Navam Mawatha, Colombo, LKA, 02
National Development Bank PLC is involved in the banking sector and its business operates under different segments that are Banking, Capital Markets, Property Investments, and Others. Its services include retail banking, small and medium enterprise (SME) banking, corporate banking, project and infrastructure financing, trade finance, investment banking, leasing, housing finance, credit cards, cash management, correspondent banking, remittance services, margin trading, pawning, treasury, underwriting, custodian, investment services and bancassurance. The Banking Segment generates maximum revenue for the company.

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