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Pan Asia Banking (COL:PABC.N0000) Cyclically Adjusted PS Ratio : 0.92 (As of May. 26, 2024)


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What is Pan Asia Banking Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Pan Asia Banking's current share price is රු22.60. Pan Asia Banking's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was රු24.69. Pan Asia Banking's Cyclically Adjusted PS Ratio for today is 0.92.

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

COL:PABC.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.76   Max: 0.98
Current: 0.92

During the past years, Pan Asia Banking's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.38. And the median was 0.76.

COL:PABC.N0000's Cyclically Adjusted PS Ratio is ranked better than
88.66% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs COL:PABC.N0000: 0.92

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.

Pan Asia Banking's adjusted revenue per share data for the three months ended in Mar. 2024 was රු7.842. 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 රු24.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Asia Banking Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pan Asia Banking'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.

Pan Asia Banking Cyclically Adjusted PS Ratio Chart

Pan Asia Banking 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 - - 0.78 0.44 0.80

Pan Asia Banking 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 0.56 0.57 0.86 0.80 0.86

Competitive Comparison of Pan Asia Banking's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Pan Asia Banking'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.


Pan Asia Banking's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Pan Asia Banking 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.

Pan Asia Banking's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.60/24.69
=0.92

* 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.

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

For example, Pan Asia Banking'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)
=7.842/131.7762*131.7762
=7.842

Current CPI (Mar. 2024) = 131.7762.

Pan Asia Banking Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.707 100.560 3.547
201409 2.885 100.428 3.786
201412 3.766 99.070 5.009
201503 3.906 99.621 5.167
201506 4.341 100.684 5.682
201509 4.756 100.392 6.243
201512 4.394 99.792 5.802
201603 4.696 100.470 6.159
201606 5.075 101.688 6.577
201609 4.635 101.861 5.996
201612 5.177 101.863 6.697
201703 3.829 102.862 4.905
201706 3.756 103.349 4.789
201709 3.989 104.136 5.048
201712 3.517 104.011 4.456
201803 4.485 105.290 5.613
201806 4.652 106.317 5.766
201809 5.109 106.507 6.321
201812 5.310 105.998 6.601
201903 4.763 107.251 5.852
201906 4.672 108.070 5.697
201909 5.173 108.329 6.293
201912 5.912 108.420 7.186
202003 5.498 108.902 6.653
202006 5.062 108.767 6.133
202009 5.043 109.815 6.052
202012 5.565 109.897 6.673
202103 6.695 111.754 7.894
202106 5.666 114.631 6.513
202109 6.330 115.734 7.207
202112 8.223 117.630 9.212
202203 4.605 121.301 5.003
202206 7.220 125.017 7.610
202209 6.127 125.227 6.447
202212 4.185 125.222 4.404
202303 5.737 127.348 5.936
202306 8.187 128.729 8.381
202309 7.942 129.860 8.059
202312 7.511 129.419 7.648
202403 7.842 131.776 7.842

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.


Pan Asia Banking  (COL:PABC.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.


Pan Asia Banking Cyclically Adjusted PS Ratio Related Terms

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


Pan Asia Banking (COL:PABC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 450, Galle Road, Colombo, LKA, 03
Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

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