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DBSDF (DBS Group Holdings) Cyclically Adjusted PS Ratio : 7.30 (As of Jun. 02, 2025)


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What is DBS Group Holdings Cyclically Adjusted PS Ratio?

As of today (2025-06-02), DBS Group Holdings's current share price is $34.60. DBS Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.74. DBS Group Holdings's Cyclically Adjusted PS Ratio for today is 7.30.

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

DBSDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.89   Med: 5.8   Max: 7.48
Current: 7.01

During the past years, DBS Group Holdings's highest Cyclically Adjusted PS Ratio was 7.48. The lowest was 3.89. And the median was 5.80.

DBSDF's Cyclically Adjusted PS Ratio is ranked worse than
93.25% of 1244 companies
in the Banks industry
Industry Median: 2.715 vs DBSDF: 7.01

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.

DBS Group Holdings's adjusted revenue per share data for the three months ended in Mar. 2025 was $1.553. 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 $4.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


DBS Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DBS Group Holdings'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.

DBS Group Holdings Cyclically Adjusted PS Ratio Chart

DBS Group Holdings 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 5.26 6.16 5.81 5.28 7.02

DBS Group Holdings 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 5.53 5.92 6.19 7.02 7.29

Competitive Comparison of DBS Group Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, DBS Group Holdings'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.


DBS Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where DBS Group Holdings's Cyclically Adjusted PS Ratio falls into.


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DBS Group Holdings 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.

DBS Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.60/4.74
=7.30

* 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.

DBS Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, DBS Group Holdings'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)
=1.553/134.9266*134.9266
=1.553

Current CPI (Mar. 2025) = 134.9266.

DBS Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.727 100.684 0.974
201509 0.695 100.392 0.934
201512 0.685 99.792 0.926
201603 0.758 100.470 1.018
201606 0.778 101.688 1.032
201609 0.772 101.861 1.023
201612 0.693 101.863 0.918
201703 0.824 102.862 1.081
201706 0.752 103.349 0.982
201709 0.806 104.136 1.044
201712 0.807 104.011 1.047
201803 0.906 105.290 1.161
201806 0.843 106.317 1.070
201809 0.876 106.507 1.110
201812 0.844 105.998 1.074
201903 0.932 107.251 1.173
201906 0.969 108.070 1.210
201909 0.987 108.329 1.229
201912 0.908 108.420 1.130
202003 1.009 108.902 1.250
202006 0.957 108.767 1.187
202009 0.937 109.815 1.151
202012 0.873 109.897 1.072
202103 1.025 111.754 1.238
202106 0.953 114.631 1.122
202109 0.935 115.734 1.090
202112 0.855 117.630 0.981
202203 0.957 121.301 1.064
202206 0.954 125.017 1.030
202209 1.122 125.227 1.209
202212 1.198 125.222 1.291
202303 1.298 127.348 1.375
202306 1.321 128.729 1.385
202309 1.342 129.860 1.394
202312 1.326 129.419 1.382
202403 1.457 131.776 1.492
202406 1.426 132.554 1.452
202409 1.561 133.029 1.583
202412 1.436 133.157 1.455
202503 1.553 134.927 1.553

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.


DBS Group Holdings  (OTCPK:DBSDF) 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.


DBS Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


DBS Group Holdings Business Description

Address
12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore, SGP, 018982
DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank's Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 432 billion as of March 2025.