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Seylan Bank (COL:SEYB.X0000) Cyclically Adjusted PS Ratio : 0.94 (As of Dec. 14, 2024)


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What is Seylan Bank Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Seylan Bank's current share price is රු46.90. Seylan Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was රු49.63. Seylan Bank's Cyclically Adjusted PS Ratio for today is 0.94.

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

COL:SEYB.X0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.76   Max: 1.03
Current: 1.03

During the past years, Seylan Bank's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.48. And the median was 0.76.

COL:SEYB.X0000's Cyclically Adjusted PS Ratio is ranked better than
89.39% of 1187 companies
in the Banks industry
Industry Median: 2.75 vs COL:SEYB.X0000: 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.

Seylan Bank's adjusted revenue per share data for the three months ended in Sep. 2024 was රු17.457. 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 රු49.63 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seylan Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seylan 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.

Seylan Bank Cyclically Adjusted PS Ratio Chart

Seylan Bank 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 - - 0.86 0.57 0.74

Seylan Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.87 0.74 0.77 0.82 0.78

Competitive Comparison of Seylan Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Seylan 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.


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

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

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



Seylan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.90/49.63
=0.94

* 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.

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

For example, Seylan Bank's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=17.457/133.0289*133.0289
=17.457

Current CPI (Sep. 2024) = 133.0289.

Seylan Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.325 99.070 11.179
201503 7.799 99.621 10.414
201506 9.013 100.684 11.908
201509 8.145 100.392 10.793
201512 8.624 99.792 11.496
201603 7.362 100.470 9.748
201606 9.919 101.688 12.976
201609 10.030 101.861 13.099
201612 10.168 101.863 13.279
201703 9.397 102.862 12.153
201706 11.899 103.349 15.316
201709 11.264 104.136 14.389
201712 11.590 104.011 14.823
201803 11.391 105.290 14.392
201806 11.461 106.317 14.341
201809 12.070 106.507 15.076
201812 12.489 105.998 15.674
201903 11.787 107.251 14.620
201906 11.854 108.070 14.592
201909 13.486 108.329 16.561
201912 12.058 108.420 14.795
202003 10.036 108.902 12.260
202006 9.824 108.767 12.015
202009 11.669 109.815 14.136
202012 10.104 109.897 12.231
202103 11.893 111.754 14.157
202106 11.728 114.631 13.610
202109 12.381 115.734 14.231
202112 14.943 117.630 16.899
202203 14.364 121.301 15.753
202206 20.033 125.017 21.317
202209 21.471 125.227 22.809
202212 25.187 125.222 26.757
202303 20.479 127.348 21.393
202306 17.836 128.729 18.432
202309 20.290 129.860 20.785
202312 19.308 129.419 19.846
202403 18.080 131.776 18.252
202406 18.245 132.554 18.310
202409 17.457 133.029 17.457

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.


Seylan Bank  (COL:SEYB.X0000) 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.


Seylan Bank Cyclically Adjusted PS Ratio Related Terms

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


Seylan Bank Business Description

Traded in Other Exchanges
Address
No. 90, Galle Road, Seylan Towers, Colombo, LKA, 03
Seylan Bank PLC is engaged in providing banking and other financial services. The company operates through various business segments that are Banking, which includes loans and receivables, margin trading, insurance, deposits, and other transactions and balances with corporate and retail customers; Treasury, which undertakes funding and centralized risk management activities through borrowings, issues of debt securities, and use of derivatives for risk management purpose; and Property/Investments segment includes property investment income, expenses, assets, and liabilities. The Banking segment generates maximum revenue for the company. The company offers the service in the Sri Lanka market region.

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